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.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why FirstEnergy (FE) is a Top Momentum Stock for the Long-Term

Upgrades will benefit more than 26,000 customers in FirstEnergy Pennsylvania Electric Company's West Penn Rate District GREENSBURG, Pa. , Feb. 26, 2024 /PRNewswire/ -- FirstEnergy Pennsylvania Electric Company (FE PA), a subsidiary of FirstEnergy Corp. (NYSE: FE), doing business as West Penn Rate District (West Penn), is installing automated reclosing devices and electronic controllers in distribution substations serving more than 26,000 customers in parts of Clarion, Washington and Westmoreland counties.

Work Underway to Upgrade Electric System in Western Pennsylvania

HOLMDEL, N.J. , Feb. 23, 2024 /PRNewswire/ -- Jim Fakult, President of FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L), has been named the recipient of Morris Habitat for Humanity's Community Partner Award for 2024.

JCP&L President Jim Fakult Receives Awards from Morris Habitat for Humanity and ROI-NJ

New poles, wires and electrical equipment to be installed in Monmouth County HOLMDEL, N.J. , Feb. 22, 2024 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has begun upgrading 3.5 miles of a high-voltage power line in Monmouth County to help prevent or minimize the impact of service disruptions for 3,950 customers.

Enhanced Power Line to Benefit Nearly 4,000 JCP&L Customers

FAIRMONT, W.V., Feb. 16, 2024 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have filed a settlement agreement with the Public Service Commission (PSC) of West Virginia to resolve the outstanding net energy metering portion of its base rate review.

Mon Power and Potomac Edison Reach Settlement to Adjust Energy Metering Credits

The headline numbers for FirstEnergy (FE) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, FirstEnergy (FE) Q4 Earnings: A Look at Key Metrics

Potomac Edison work will help prevent or minimize outages for thousands of customers WILLIAMSPORT, Md. , Feb. 13, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Potomac Edison has completed service reliability projects that will enhance electric service and minimize the impact of power outages for nearly 5,000 customers in Allegany, Frederick and Garrett counties.

Western Maryland Electric Grid Stronger and More Resilient Following Smart Enhancements

AKRON, Ohio--(BUSINESS WIRE)--Carole Rendon, an attorney for former FirstEnergy chief executive Chuck Jones, issued a statement in response to the news that Mr. Jones has been indicted in the Summit County Court of Common Pleas. Ms. Rendon, formerly U.S. Attorney for the Northern District of Ohio, is a partner with BakerHostetler. Her statement reads as follows: “For more than three years, a false and unfair narrative has surrounded Chuck Jones and other current and former employees of FirstEne.

Attorney for Former FirstEnergy CEO Chuck Jones Issues Statement Regarding Mr. Jones' Indictment

FirstEnergy grant will help train Pennsylvania's next generation of diverse utility workers  GREENSBURG, Pa. , Feb. 9, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has awarded an $85,000 grant to the Energy Innovation Center Institute (EICI) to assist with its efforts to recruit, train and prepare diverse candidates from economically distressed Pennsylvania communities for apprenticeships and similar programs offered by electric, natural gas, communication and water utilities throughout the state.

Meeting the Challenge to Ready Minority Candidates for Utility Careers

FirstEnergy Corp. (FE) Q4 2023 Earnings Call Transcript

FirstEnergy's (FE) fourth-quarter earnings increase year over year, while revenues decrease during the same period. The company continues with the long-term capital expenditure plan to strengthen its infrastructure.

FirstEnergy (FE) Q4 Earnings Surpass Estimates, Revenues Lag

FirstEnergy (FE) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.50 per share a year ago.

FirstEnergy (FE) Q4 Earnings Beat Estimates

Reports full year 2023 GAAP earnings from continuing operations of $1.96 per share Delivers 2023 Operating (non-GAAP) earnings of $2.56 per share, above the midpoint of guidance Provides 2024 operating guidance of $2.61 to $2.81 per share for the full year, a 7% increase over the 2023 guidance mid-point, driven by robust regulated growth Introduces Energize365, a $26 billion capital investment plan from 2024 to 2028 to enhance the customer experience and support the energy transition Targeted 6-8% long-term annual operating earnings per share growth with significantly improved earnings quality AKRON, Ohio , Feb. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported full year 2023 GAAP earnings from continuing operations of $1.123 billion, or $1.96 per basic and diluted share, on revenue of $12.9 billion. This compares to 2022 GAAP earnings from continuing operations of $406 million, or $0.71 per basic and diluted share, on revenue of $12.5 billion.

FirstEnergy Announces Fourth Quarter and Full Year 2023 Financial Results

FirstEnergy reminds the public to handle balloons safely to keep electricity flowing AKRON, Ohio , Feb. 8, 2024 /PRNewswire/ -- As Valentine's Day approaches, FirstEnergy Corp. (NYSE: FE) is reminding customers to handle helium-filled foil balloons safely to keep the energy alive this season and year-round. While the company experienced a decrease in the number of balloon-related outages in recent years, foil balloons continue to cause power outages when released outdoors because their metallic coating conducts electricity and poses a risk to the electric system.

Let Feelings Fly this Valentine's Day, Not Foil Balloons

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) Ohio subsidiaries – Ohio Edison, The Illuminating Company, and Toledo Edison – to procure full requirements service for their Standard Service Offer customers. The auction process will lead up to the auction scheduled for March 19, 2024. The bidding pr.

FirstEnergy Ohio Utilities' Competitive Bidding Process Auction: Information Session for Prospective Bidders on Thursday, February 8, 2024

If approved, r esidential rates will remain the lowest among the state's regulated electric utilities HOLMDEL, N.J. , Feb. 5, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L) has reached a settlement in its base rate review currently pending with the New Jersey Board of Public Utilities (BPU).

Settlement Reached in JCP&L Rate Review that Supports Continued Reliability Enhancements

CVR Energy

Icahn Enterprises

International Flavors & Fragrances

Southwest Gas Hlds

Carl Icahn owns five stocks with dividend yields between 3.9% and 22.5%. These high-yield dividend stocks include the four largest positions in his portfolio.

Billionaire Carl Icahn Has $9.9 Billion Invested in These 5 High-Yield Dividend Stocks

Agreement promotes delivery of safe, reliable & affordable power to West Virginia customers   FAIRMONT, W.Va. , Jan. 23, 2024 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have filed a settlement agreement with the West Virginia Public Service Commission (PSC) that would resolve its base rate review proceeding and support the companies' continued focus on delivering safe, reliable and affordable power.

Mon Power and Potomac Edison Reach Settlement in Rate Review

Read Potomac Edison's proposal in full on the Public Service Commission's website. WILLIAMSPORT, Md.

Proposed Electric School Bus Pilot Program Aimed to Help Maryland Achieve Climate Goals and Help Public Schools Meet Transportation Needs

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 subsidiaries – Ohio Edison, The Illuminating Company and Toledo Edison – to procure full requirements service for their Standard Service Offer customers. The auction process will lead up to the auction scheduled for February 19, 2024. The bidding.

FirstEnergy Ohio Utilities' Competitive Bidding Process Auction: Applications From Prospective Bidders Due No Later Than Thursday, January 25, 2024

MEDIA ADVISORY AKRON, Ohio , Jan. 13, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) utilities are restoring power to customers affected by severe winds, rain and heavy, wet snow that began impacting its service territory on Friday. Strong, sustained winds are causing blowing debris and limbs that impact the electric system.

FirstEnergy Power Restoration Efforts Progress Through Continued Winter Storm

Work continues to restore service to remaining customers impacted by inclement weather; FirstEnergy prepares for new storm system this weekend AKRON, Ohio , Jan. 11, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has restored power to 97% of the 373,000 customers who lost power following a significant storm that impacted its service territory Tuesday and Wednesday this week. Crews will continue working to restore service to the 12,600 customers, primarily in Pennsylvania and New Jersey, who remain without power.

Power Restored to Most FirstEnergy Customers Following Winter Storm

High winds, heavy rain, ice and snow combine to knock out electric service to more than 310,000 FirstEnergy customers AKRON, Ohio , Jan. 10, 2024 /PRNewswire/ -- Service has been restored to more than 247,000 of the approximately 310,000 FirstEnergy Corp. (NYSE: FE) customers who lost power due to strong winds, heavy rain, ice and snow that began impacting the entire eastern half of the country on Tuesday. The powerful winter storm system brought strong winds exceeding 60 mph in parts of Ohio and western Pennsylvania, along with rainfall exceeding two inches in parts of eastern Pennsylvania and New Jersey.

FirstEnergy Crews Restoring Power to Customers Amid Continued Winter Storm

AKRON, Ohio , Jan. 9, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) will release financial results for the fourth quarter and full year of 2023 after markets close on Thursday, February 8. These results will be discussed by FirstEnergy management during a conference call with financial analysts at 10 a.m.

FirstEnergy to Webcast Fourth Quarter Earnings Teleconference

Archer-Daniels-Midland Company

Aflac

Cummins

Corteva Inc

CVS Health

Dominion Energy

Deere & Company

Discover

Dow Inc

eBay

Con Ed

Elevance Health Inc

Emerson Electric

Eaton

Fortune Brands Innovations Inc

W.W. Grainger

Intel

Johnson & Johnson

Nordstrom

Jackson Financial

KeyCorp

Kraft Heinz

In December, we (my wife and I) received a dividend income total of $10,193.04. Crossed the $10k threshold, again. Vanguard's High Dividend Yield ETF, which we have been buying for 3.5 years, literally has paid immense dividends.

News for FirstEnergy Stock (FE)