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.

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.

Dividend Income Summary: Lanny's December 2023 Summary

AKRON, Ohio , Jan. 8, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) electric company personnel are prepared to respond to potential service interruptions caused by a winter storm system expected to bring high winds, snow and heavy rain to portions of the company's service areas in Ohio, Pennsylvania, New Jersey, Maryland and West Virginia this week. A video playlist of utility personnel discussing the impact of wind storms on equipment and restoration efforts is available on  YouTube.

FirstEnergy Electric Companies Prepare to Respond to Outages Caused by Incoming Winter Weather

View a video of Mon Power's solar site construction from start to finish FAIRMONT, W.Va., Jan. 4, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Mon Power rang in the new year by celebrating the completion of its solar site at Fort Martin Power Station in Maidsville, West Virginia, during a ribbon cutting event on Jan. 4.

West Virginia Enters New Energy Era with Completion of Solar Site

Recipients provide support to vulnerable individuals across FirstEnergy's West Virginia service area FAIRMONT, W.Va. , Jan. 3, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the Season" totaling $40,000 to two nonprofits that are working to make lives better in West Virginia communities served by FirstEnergy Corp. (NYSE: FE) subsidiaries Mon Power and Potomac Edison.

"Gifts of the Season" Totaling $40,000 Presented to Nonprofits in West Virginia

Donations are part of the FirstEnergy Foundation's annual holiday philanthropic campaign GREENSBURG, Penn. , Jan. 3, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the Season" totaling $60,000 to eight local Pennsylvania nonprofits that are working to make lives better in communities served by FirstEnergy Corp. (NYSE: FE) subsidiaries Met-Ed, Penelec and West Penn Power.

"Gifts of the Season" Totaling $60,000 Presented to Nonprofits in Pennsylvania

Recipients provide support to vulnerable individuals across FirstEnergy's Ohio service area AKRON, Ohio , Jan. 3, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the Season" totaling $60,000 to six nonprofits that are working to make lives better in Ohio communities served by FirstEnergy Corp. (NYSE: FE) subsidiaries Ohio Edison, The Illuminating Company and Toledo Edison. Photos of the Gifts of the Season being presented to organizations by FirstEnergy representatives are available for download on Flickr.

"Gifts of the Season" Totaling $60,000 Presented to Nonprofits in Ohio

Recipients provide support to vulnerable individuals across JCP&L's service area HOLMDEL, N.J. , Jan. 3, 2024 /PRNewswire/ -- The FirstEnergy Foundation has granted surprise "Gifts of the Season" totaling $20,000 to two nonprofits that are working to make lives better in New Jersey communities served by FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power & Light (JCP&L).

"Gifts of the Season" Totaling $20,000 Presented to Nonprofits in New Jersey

FirstEnergy is the holding company for ten electric utilities, serving 6.2 million customers in the Midwest and Mid-Atlantic. The company faced a bribery scandal in 2020, resulting in a deferred prosecution agreement through 2024 and a penalty of $230 million. While the stock looks undervalued by 10-15.0% today, there are lingering legal risks and significant long-term debt. Wait for these headwinds to resolve on this otherwise attractive company.

FirstEnergy: Attractive Valuation Overshadowed By Static Dividend And Legal Issues

AKRON, Ohio , Dec. 20, 2023 /PRNewswire/ -- The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared a quarterly dividend of $0.41 per share of outstanding common stock payable March 1, 2024, to shareholders of record at the close of business on February 7, 2024. Shareholders are encouraged to review the Dividend - Return of Capital page on FirstEnergy's Investor Information website, www.firstenergycorp.com/ir, for an update on the expected characterization of this dividend for federal tax purposes.

FirstEnergy Corp. Declares Unchanged Common Stock Dividend

FirstEnergy's (FE) subsidiaries clinch three transmission projects, which will further increase service reliability and help meet the rising demand for electricity.

FirstEnergy's (FE) Units Win Transmission Projects Worth $800M

Companies offer tips for customers to manage seasonal heating bills AKRON, Ohio , Dec. 12, 2023 /PRNewswire/ -- With the cold-weather months expected to produce higher electric use, FirstEnergy Corp. (NYSE: FE) subsidiaries Ohio Edison, The Illuminating Company and Toledo Edison have completed inspections and maintenance to help keep power flowing to customers in their Ohio service areas as temperatures drop this winter.  Pat Mullin, acting president of FirstEnergy's Ohio operations: "Completing inspections and equipment maintenance now can help enhance system reliability to keep power flowing to customers when severe winter weather strikes.

Pre-Winter Inspections and Maintenance Support Safe and Reliable Power for FirstEnergy's Ohio Electric Customers

Mon Power and Potomac Edison offer tips for customers to manage seasonal heating bills FAIRMONT, W.Va. , Dec. 12, 2023 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have completed inspections and maintenance to help keep power flowing to customers in their West Virginia service areas this winter.

Pre-Winter Inspections and Maintenance Support Safe and Reliable Power for West Virginia Electric Customers

Company offers tips for customers to manage seasonal heating bills WILLIAMSPORT, Md. , Dec. 12, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Potomac Edison has completed inspections and maintenance to help keep power flowing to customers in its Maryland service area this winter.

Pre-Winter Inspections and Maintenance Support Safe and Reliable Power for Potomac Edison's Maryland Customers

Companies offer tips for customers to manage seasonal heating bills GREENSBURG, Pa. , Dec. 12, 2023 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) Pennsylvania utilities – Met-Ed, Penelec, Penn Power and West Penn Power – are completing equipment inspections and maintenance to help keep power flowing to customers to keep them safe and comfortable during the chilly months ahead.

Pre-Winter Inspections and Maintenance Support Safe and Reliable Power for FirstEnergy's Pennsylvania Customers

Approved projects will strengthen system and support customer demand WILLIAMSPORT, Md. , Dec. 12, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiaries Potomac Edison and Mid-Atlantic Interstate Transmission (MAIT) have been awarded three transmission projects totaling nearly $800 million in Maryland, Pennsylvania, Virginia and West Virginia by regional transmission organization PJM Interconnection.

FirstEnergy Subsidiaries Awarded Nearly $800 Million in Transmission Upgrades

Company offers tips for customers to manage seasonal heating bills HOLMDEL, N.J., Dec. 12, 2023 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a FirstEnergy Corp. (NYSE: FE) subsidiary, has completed proactive work to prepare the electric grid in its 3,200-square-mile service area to keep customers' power flowing through the cold winter months.

Pre-Winter Inspections and Maintenance Support Safe and Reliable Power for JCP&L Customers

Warren Buffett's Berkshire Hathaway Inc. has cut its stake in HP Inc. by about half, and Carl Icahn has reduced his position in FirstEnergy Corp. and relinquished a board seat, according to regulatory filings Monday.

Warren Buffett's Berkshire cuts stake in HP, Carl Icahn gives up FirstEnergy board seat

Algonquin Power & Utilities

Brookfield Infrastructure Partners L.P.

Duke Energy

Exelon

NextEra Energy

Sempra Energy

With the jobs market again continuing to surprise the doom-and-gloom folks, now might not seem a great time to consider high-performing utility stocks; that is, utility companies and related businesses that print relatively robust operational figures, thus making for steady growth investments. However, read between the lines and you may come away with a different perspective.

7 Top-Performing Utility Stocks for Steady Growth

The Icahn Group has reduced its holdings in FirstEnergy below 1.5%, which forced billionaire investor Carl Icahn's firm to give up a board seat under an agreement between the companies, according to a regulatory filing.

Icahn Group lowers stake in FirstEnergy, vacates board seat

Expected cost savings from consolidation will be returned to customers GREENSBURG, Pa. , Dec. 7, 2023 /PRNewswire/ -- The Pennsylvania Public Utility Commission (PaPUC) has approved the consolidation of FirstEnergy Corp.'s (NYSE: FE) Pennsylvania electric distribution subsidiaries – Met-Ed, Penelec, Penn Power and West Penn Power – into a single operating company with a continued focus on delivering safe, reliable and affordable electrical service to more than two million customers in the state.

FirstEnergy's Pennsylvania Subsidiaries Receive Approval to Consolidate into Single Operating Company

AKRON, Ohio , Dec. 7, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) has donated $100,000 to support Akron Public Schools' efforts to bolster student success at Garfield High School through its new FirstEnergy Power Charge Program, which incentivizes good behavior and decision making at school. Akron Public Schools' College & Career Academies use interventions and support tools to contribute to enhanced student behavior and academic success.

FirstEnergy Fuels Student Success with $100,000 Donation to Garfield High School in Akron

New and expanded programs designed to meet increased state energy savings targets HOLMDEL, N.J. , Dec. 4, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Jersey Central Power and Light (JCP&L) has filed for an expansion of its energy efficiency programs with the New Jersey Board of Public Utilities (BPU).

JCP&L Proposes Expansion of Energy Efficiency Offerings

Agreements balance work to support system reliability with customer bill impacts FAIRMONT, W.Va. , Dec. 4, 2023 /PRNewswire/ -- Mon Power and Potomac Edison, subsidiaries of FirstEnergy Corp. (NYSE: FE), have filed settlement agreements with the West Virginia Public Service Commission (PSC) that would resolve two outstanding rate proceedings and emphasize the companies' continued focus on delivering safe, reliable and affordable power.

Mon Power and Potomac Edison Reach Settlement Agreements for Tree-Trimming and Fuel Costs

FirstEnergy shares tips to prevent customers from falling victim to common scam tactics AKRON, Ohio , Nov. 30, 2023 /PRNewswire/ -- Realizing scammers feed off people's fear of losing heat in the cold weather, FirstEnergy Corp. (NYSE: FE) is providing customers with scam awareness information to help prevent them from falling victim to scammers during the holiday and winter seasons. Michelle Henry, senior vice president of Customer Experience at FirstEnergy: "Although scammers work year round, they are more active during colder months because they know customers rely on electricity to stay safe and warm and are more likely to comply due to fear of disconnection.

Tips to Avoid Utility Scams During the Winter Holiday Season

Mon Power and East Fairmont High School participate together in nationwide NexTrex challenge FAIRMONT, W.Va. , Nov. 28, 2023 /PRNewswire/ -- For the second year in a row, FirstEnergy Corp. (NYSE: FE) subsidiary Mon Power is teaming with East Fairmont High School to collect plastic waste, including items like bubble wrap, bread bags and shipping envelopes, as part of the nationwide NexTrex challenge to promote sustainability within communities across the United States.

News for FirstEnergy Stock (FE)