Revenue segments as reported by the company.

Distribution services and retail generation

Transmission

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Fuel

Purchased power

Other operating expenses

Provision for depreciation

Amortization (deferral) of regulatory assets, net

General taxes

DPA penalty

Gain on sale of Yards Creek

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

FirstEnergy

FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity as well as energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate segment reflects corporate support not charged to FE's subsidiaries, interest expense on FE’s holding company debt and other businesses that do not constitute an operating segment. The company was founded in 1996 and is headquartered in Akron, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

FirstEnergy reports robust Q4 earnings, eyes growth through 2025

FirstEnergy's Q4 2022 performance reflects financial strength and operational resilience, underpinned by debt reduction and earnings growth.
Strategic initiatives in regulatory matters and capital optimization position the company for sustained growth and efficiency improvements.
While facing challenges in CEO succession and earnings diversification, FirstEnergy's proactive stance on future opportunities bodes well for long-term success.

FirstEnergy meets Q1 earnings, pursues growth through acquisitions and investments

FirstEnergy's Q1 performance met expectations, with a focus on financial strength, operational enhancements, and culture transformation. The company is proactive in its approach to capital investments, regulatory compliance, and climate goals. Challenges lie in declining earnings from certain sources and mitigating weather-related impacts.

FirstEnergy maintains earnings guidance amidst regulatory challenges and growth opportunities

FirstEnergy's Q2 performance was impacted by mild weather conditions, but the company remains focused on financial guidance, dividend declaration, and stakeholder engagement. Regulatory challenges and ongoing investigations pose risks, while opportunities lie in operational efficiency improvements and strategic growth initiatives.

FirstEnergy reports improved Q3 earnings, plans $12B investments

FirstEnergy's Q3 performance showed earnings improvement and cost control efforts. The company is strategically positioned for growth with significant capital investments planned. Challenges include weather impacts and setbacks in performance metrics, while opportunities lie in improving financial metrics and growth potential in Ohio.

FirstEnergy excels in Q4 earnings, faces challenges in regulatory landscape

FirstEnergy delivered strong financial performance, exceeding earnings guidance and showcasing successful initiatives.
The company's focus on transparency, balance sheet strength, and dividend growth sets it apart in the industry.
Challenges include managing state-regulated returns, pension volatility, and potential power price increases.
Opportunities lie in improving ROE, leveraging load growth, and executing strategic initiatives for growth.

FirstEnergy reports strong Q1 earnings, upgrades to investment grade

FirstEnergy's Q1 performance was strong, with earnings exceeding expectations and positive regulatory developments.
The company's strategic initiatives and investment plans position it well for growth in clean energy and grid modernization.
Challenges include regulatory uncertainties and ongoing investigations, but efforts are underway to address them.
Opportunities in transmission growth, grid technologies, and customer service enhancements offer avenues for future expansion.

FirstEnergy reports Q2 earnings mix, focuses on stability and growth

FirstEnergy's Q2 performance showed mixed results with GAAP earnings decline but improved operating earnings, driven by positive factors like rate adjustments and customer demand.
The company demonstrated strength in balance sheet improvements, regulatory engagements, and resolving legacy issues, enhancing financial stability and investor confidence.
While facing challenges in regulatory settlements, power prices, and operational efficiency, FirstEnergy is poised to leverage opportunities in revenue growth, strategic investments, and operational enhancements.

FirstEnergy reports mixed Q3 earnings, focuses on growth initiatives

FirstEnergy's Q3 2024 performance reflected a mix of positive earnings drivers and challenges, with a focus on capital investments and regulatory updates shaping the company's future trajectory. The company's strategic initiatives, including participation in transmission expansion plans and a substantial CapEx plan, position it for sustainable growth and operational enhancement.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity, energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate or Other. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate or Other segment reflects corporate support and other costs not charged or attributable to the utilities or transmission companies. The company was founded in 1996 and is headquartered in Akron, OH.

TOLEDO, Ohio, April 13, 2021 /PRNewswire/ -- As part of its ongoing efforts to protect nesting birds, Toledo Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has partnered with the U.S. Fish and Wildlife Service to donate and install a 55-foot wooden pole with a nesting platform atop at the Cedar Point National Wildlife Refuge, which is part of the Ottawa National Wildlife Refuge Complex. This proactive work will provide a safe nesting location for the growing osprey population and promote osprey conservation efforts in the area.

Toledo Edison Partners with Ottawa National Wildlife Refuge Complex to Protect Nesting Birds

To lower the frequency of power outages and maintain 24X7 electricity supply, FirstEnergy's (FE) units are investing heavily in vegetation management program.

FirstEnergy (FE) Announces Plans to ReduceTree-Related Outages

AKRON, Ohio, April 8, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has partnered with Alvernia University in Reading, Pa., and Pierpont Community and Technical College in Fairmont, W.V.

FirstEnergy's Educate to Elevate Program Expands to Pennsylvania and West Virginia

MORRISTOWN, N.J., April 7, 2021 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is conducting tree trimming work along more than 3,700 miles of power lines across its 13-county service territory as part of its annual vegetation management program.

JCP&L 2021 Tree Trimming Program to Enhance Service Reliability

READING, Pa., April 7, 2021 /PRNewswire/ -- Met-Ed, a subsidiary of FirstEnergy Corp. (NYSE: FE), continues to conduct tree trimming work in communities across its service area in Pennsylvania as part of its ongoing efforts to help enhance electric service reliability.

Met-Ed's 2021 Tree Trimming Program to Enhance Service Reliability

FAIRMONT, W.Va., April 7, 2021 /PRNewswire/ -- Mon Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), has begun its 2021 tree trimming program and will clear vegetation around nearly 5,700 miles of power lines this year as part of its ongoing efforts to enhance service reliability for West Virginia customers.

Mon Power 2021 Tree Trimming Program Underway

AKRON, Ohio, April 7, 2021 /PRNewswire/ -- Ohio Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is conducting tree trimming and other vegetation management work in communities across its 34-county service area in Ohio to help enhance service reliability for customers. This year's $22 million tree-trimming program will help keep power flowing to customers around the clock by preventing tree-related outages, such as those that can occur during the spring and summer storm season.

Ohio Edison Invests $22 Million in Tree-Trimming Work to Help Minimize Impact of Severe Weather

ERIE, Pa., April 7, 2021 /PRNewswire/ -- Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), continues to conduct tree trimming work in communities across its Pennsylvania service areas as part of its ongoing efforts to help enhance electric service reliability.  Maintaining proper clearances around electrical equipment can help reduce the frequency and duration of tree-related power outages, especially those associated with severe weather such as spring and summer thunderstorms.

Penelec's 2021 Tree Trimming to Enhance Reliability

NEW CASTLE, Pa., April 7, 2021 /PRNewswire/ -- Penn Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), is conducting tree trimming and other vegetation management work in communities across its western Pennsylvania service area to help enhance service reliability for customers.

Penn Power Invests Nearly $9.5 Million in Tree-Trimming Work to Help Minimize Impact of Severe Weather

BRECKSVILLE, Ohio, April 7, 2021 /PRNewswire/ -- The Illuminating Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), is conducting tree trimming and other vegetation management work in communities across its northeast Ohio service area as part of its ongoing efforts to help enhance electric service reliability. This year's $15.5 million tree-trimming program will help keep power flowing to customers around the clock by preventing tree-related outages, such as those that can occur during the spring and summer storm season.

The Illuminating Company Invests $15.5 Million in Tree Trimming Efforts to Reinforce Electric System During Severe Weather

TOLEDO, Ohio, April 7, 2021 /PRNewswire/ -- Toledo Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is conducting tree trimming and other vegetation management work in communities across its northwest Ohio service area to help enhance service reliability for customers. This year's $7.7 million tree-trimming program will help keep power flowing to customers around the clock by preventing tree-related outages, such as those that can occur during the spring and summer storm season.

Toledo Edison Invests $7.7 Million in Tree-Trimming Work to Help Minimize Impact of Severe Weather

GREENSBURG, Pa., April 7, 2021 /PRNewswire/ -- West Penn Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), continues to conduct tree trimming work in communities across its 24-county Pennsylvania service area as part of its ongoing efforts to help enhance service reliability.

West Penn Power's 2021 Tree Trimming Program to Enhance Service Reliability

WILLIAMSPORT, Md., April 7, 2021 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has kicked off its 2021 tree trimming program with plans to clear vegetation along approximately 1,670 miles of power lines in its Maryland service area and 1,550 miles of lines in its territory in the Eastern Panhandle of West Virginia.

Potomac Edison 2021 Tree Trimming Program Underway

AKRON, Ohio, March 31, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that its Ohio utilities – Ohio Edison, The Illuminating Company and Toledo Edison – will collectively credit customers approximately $26 million in revenues that were previously collected through a decoupling mechanism authorized under Ohio law. Over the past several months, FirstEnergy's Board of Directors and management team have taken steps to reduce regulatory uncertainty affecting the company's Ohio utilities.

FirstEnergy's Ohio Utilities to Return Previously Collected Decoupling Revenues to Customers

GREENSBURG, Pa., March 30, 2021 /PRNewswire/ -- The Emergency Rental Assistance Program (ERAP), which assists income-eligible renters who are having trouble making ends meet, is now available to customers of FirstEnergy Corp.'s (NYSE: FE) Pennsylvania utilities.

New Utility Assistance Program for Renters Now Available in Pennsylvania

To reduce the frequency of power outages and maintain 24X7 supply of power, FirstEnergy's (FE) unit is installing innovative technology and upgrading its infrastructure.

FirstEnergy's (FE) Arm to Invest in Facilities and Cut Outages

TOLEDO, Ohio, March 23, 2021 /PRNewswire/ -- Toledo Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is upgrading infrastructure and installing technology to modernize its electric system in northwest Ohio to help prevent power outages and provide more flexibility in restoring power faster. The work is part of an initial three-year phase of the company's grid modernization plan and includes installation of new, automated equipment and technology in substations and along power lines serving more than 40,000 customers in parts of Toledo, Maumee, Holland and nearby areas.

Work Underway to Enhance Toledo Edison's Electric System

AKRON, Ohio, March 23, 2021 /PRNewswire/ -- The Power Systems Institute (PSI), a FirstEnergy Corp. (NYSE: FE) award-winning program to train the next generation of dedicated line and substation workers, is awarding up to 50 scholarships in 2021 to underrepresented candidates who reside in the company's service area in support of the company's diversity and inclusion (D&I) efforts. The scholarships are the first offered under the FirstEnergy PSI Equal Access Scholarship Program, a D&I initiative encouraging men and women from different cultural and ethnic backgrounds to pursue learning a skilled craft in the PSI program.

New Scholarship Program Offered to Diverse Students of FirstEnergy's Power Systems Institute

AKRON, Ohio, March 22, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Antonio Fernández has been named vice president and chief ethics and compliance officer effective April 12. In this role, Fernández will manage a dedicated team of compliance professionals and strengthen FirstEnergy's ethics and compliance function.

FirstEnergy Names Antonio Fernández Chief Ethics and Compliance Officer

FirstEnergy (FE) reported earnings 30 days ago. What's next for the stock?

FirstEnergy (FE) Up 1.8% Since Last Earnings Report: Can It Continue?

Ohio-based FirstEnergy Corporation (NYSE:FE) has made plenty of headlines this past year, thanks to a state bribery scandal that led to the firing of CEO Charles Jones along with two other executives.

FE Eyes Eighth Straight Amid Recovery Moves

AKRON, Ohio, March 16, 2021 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that it has entered into an agreement with Icahn Capital to add two new members to the company's Board of Directors. Following these additions, FirstEnergy's Board will have 14 directors.

FirstEnergy Announces Agreement with Icahn Capital

ERIE, Pa., March 15, 2021 /PRNewswire/ -- Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), recently completed its yearly emergency preparation drill focused on testing its storm restoration process in the event severe weather causes widespread outages throughout its vast and largely rural service area. Penelec conducted the drill virtually to align with its pandemic protocol, which includes not gathering for large in-person meetings to safeguard employees from the coronavirus.

Penelec Conducts Annual Storm Restoration Drill to Help Employees Prepare for Real-Life Events

Gilead Sciences

Lazard

Look to these value stocks for a great blend of dividend safety, payout growth, current yield and capital appreciation potential. The post 3 Deep Value Stocks for Income and High Total Returns appeared first on InvestorPlace.

3 Deep Value Stocks for Income and High Total Returns

FirstEnergy's (FE) unit is installing innovative technology to upgrade its infrastructure. This will reduce the frequency of power outages, resulting in uninterrupted supply of electricity.

News for FirstEnergy Stock (FE)