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.

CRA International

BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE: FE) Pennsylvania utilities — Metropolitan Edison Company (“Met-Ed”), Pennsylvania Electric Company (“Penelec”), Pennsylvania Power Company (“Penn Power”) and West Penn Power Company (“West Penn Power”) — to procure full requirements Default Supply generati

FirstEnergy's Pennsylvania Default Service Program DSP-V Auctions: Information Session for Prospective Bidders on Thursday, December 3, 2020

BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE: FE) Ohio utilities to procure full requirements service for their Standard Service Offer customers. The auction process will lead up to the auction scheduled for January 26, 2021. The bidding process will use a descending-price clock auction format. The au

FirstEnergy Ohio Utilities' Electric Security Plan ESP‑IV Auction: Information Session for Prospective Bidders on Wednesday, December 2, 2020

WILLIAMSPORT, Md., Nov. 18, 2020 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is on schedule to complete 15 substation recloser replacements by the end of this year, part of a broader initiative to enhance service reliability for customers across its...

Potomac Edison Upgrading Substation Reclosers in Maryland

AKRON, Ohio, Nov. 17, 2020 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that on November 17, 2020, the Company received notice from the New York Stock Exchange (NYSE) that the Company is not in compliance with the NYSE's continued listing requirements under the timely...

FirstEnergy Receives NYSE Notice Regarding Delayed Form 10-Q Filing

AKRON, Ohio, Nov. 16, 2020 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) utilities have restored service to more than 371,000 customers who lost power after windstorms swept through the company's entire service area Sunday. Crews are working around the clock to assess damage and restore...

FirstEnergy Crews Continue to Make Repairs Following Windstorms

AKRON, Ohio, Nov. 12, 2020 /PRNewswire/ -- To help keep the power flowing to customers through the cold winter months, Toledo Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is completing inspections and conducting equipment maintenance on weather-sensitive equipment across its...

Toledo Edison Completes Inspections and Maintenance Prior to Winter Weather

MORRISTOWN, N.J., Nov. 12, 2020 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is preparing for the winter season by conducting inspections and equipment maintenance on weather-sensitive equipment across its service area. These efforts...

JCP&L Conducting Inspections and Maintenance Prior to Winter Season

ERIE, Pa., Nov. 12, 2020 /PRNewswire/ -- With winter just around the corner, the Pennsylvania Electric Company (Penelec), a subsidiary of FirstEnergy Corp. (NYSE: FE), is inspecting and completing maintenance on weather-sensitive equipment to help enhance system resiliency and service...

Penelec Completes Inspections and Maintenance Prior to Winter Weather

READING, Pa., Nov. 12, 2020 /PRNewswire/ -- With winter just around the corner, Metropolitan Edison (Met-Ed), a subsidiary of FirstEnergy Corp. (NYSE: FE), is inspecting and completing maintenance on weather-sensitive equipment to help enhance system resiliency and service reliability for...

Met-Ed Completes Inspections and Maintenance Prior to Winter Weather

NEW CASTLE, Pa., Nov. 12, 2020 /PRNewswire/ -- As winter approaches, the Pennsylvania Power Company (Penn Power), a subsidiary of FirstEnergy Corp. (NYSE: FE), is wrapping up the installation of new interior fencing in three substations to help deter climbing animals that often seek food,...

Penn Power Wraps Up Projects to Strengthen Electric System Ahead of Winter

GREENSBURG, Pa., Nov. 12, 2020 /PRNewswire/ -- With winter just around the corner, West Penn Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), is inspecting and completing maintenance on weather-sensitive equipment to help enhance system resiliency and service reliability for customers...

West Penn Power Completes Inspections and Maintenance Prior to Winter Weather

BRECKSVILLE, Ohio, Nov. 12, 2020 /PRNewswire/ -- With the cold-weather months expected to produce higher electric usage, The Illuminating Company, a subsidiary of FirstEnergy Corp. (NYSE: FE), is completing inspections and equipment maintenance expected to enhance service reliability for...

The Illuminating Company Completes Inspections and Maintenance to Help Enhance Customer Service Reliability Through Winter Season

AKRON, Ohio, Nov. 12, 2020 /PRNewswire/ -- With the cold-weather months expected to produce higher electric usage, Ohio Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), is completing inspections and equipment maintenance expected to enhance service reliability for customers who rely...

Ohio Edison Completes Inspections and Maintenance to Help Enhance Customer Service Reliability Through Winter Season

AbbVie

B&G Foods

Vici Properties

Investors have burned of late chasing high-yield dividend stocks. These 4 stocks with yields more than 5% should buck that trend.

4 Dividend Stocks With Yields Over 5%

FirstEnergy (FE) has taken steps to lower emissions and join the group of utilities who have already pledged to achieve carbon neutrality in the next few decades.

FirstEnergy to Cut Emissions, Aims Carbon Neutrality by 2050

MORRISTOWN, N.J., Nov. 5, 2020 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is constructing two specially designed flood walls to help protect the Sussex and Canoe Brook substations in Sussex County, N.J., from rising flood waters...

New Automated Flood Walls in Sussex County Substations to Help Reduce Outages for JCP&L Customers

FirstEnergy Corp. (FE) CEO Steven Strah on Q3 2020 Results - Earnings Call Transcript

FirstEnergy Corp.'s (FE) CEO Chuck Jones on Q3 2020 Results - Earnings Call Transcript

AKRON, Ohio, Nov. 2, 2020 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported third quarter 2020 GAAP earnings of $454 million, or $0.84 per basic and diluted share of common stock, on revenue of $3 billion. In the third quarter of 2019, FirstEnergy reported GAAP earnings of $391...

FirstEnergy Announces Third Quarter 2020 Financial Results

AKRON, Ohio, Oct. 29, 2020 /PRNewswire/ -- The Independent Review Committee of the Board of Directors of FirstEnergy Corp. (NYSE: FE) today announced a leadership transition, including the termination of the Company's Chief Executive Officer, Charles E. Jones, effective immediately....

FirstEnergy Announces Leadership Transition

MORRISTOWN, N.J., Oct. 28, 2020 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has received approval of a settlement in its base rate case from the New Jersey Board of Public Utilities (BPU) that will help build on service reliability...

JCP&L Rate Settlement to Support Continued Investments to Enhance Service Reliability for Customers

READING, Pa., Oct. 28, 2020 /PRNewswire/ -- Metropolitan Edison Company (Met-Ed), a subsidiary of FirstEnergy Corp. (NYSE: FE), plans to complete installation of more than 160 automated "TripSaver" reclosing devices on power lines across its service area in 2020 to help limit the...

Met-Ed Installing New Automated TripSaver Devices to Help Reduce Frequency and Duration of Power Outages

FirstEnergy (FE) closed at $33.39 in the latest trading session, marking a +0.21% move from the prior day.

FirstEnergy (FE) Gains As Market Dips: What You Should Know

While improved demand is likely to aid FirstEnergy's (FE) third-quarter results, tropical storms and power cuts might have acted as headwinds.

What's in the Offing for FirstEnergy's (FE) Q3 Earnings?

We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn't mean that they don't have occasional colossal losses; they do (like Peltz's recent General Electric losses). However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, as the current round of 13F filings has just ended, let's examine the smart money sentiment towards FirstEnergy Corp. (NYSE:FE).

News for FirstEnergy Stock (FE)