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FE

FirstEnergy Corp.

FEUtilitiesNASDAQ

Utilities - Regulated Electric

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Financials · Annual
Revenue
$15.09B
+12.0% YoY
Net Income
$1.02B
+4.3% YoY
EBITDA
$4.25B
+3.9% YoY
Free Cash Flow
-$1.84B

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About FirstEnergy Corp.

FirstEnergy Corp., together with its subsidiaries, engages in the generation, distribution, and transmission of electricity in the United States. With a market capitalization of $26.25B, it sits in large-cap territory. It operates through Distribution, Integrated, and Stand-Alone Transmission segments.

Key stats
Market Cap$26.25B
P/E (TTM)24.66
Fwd P/E15.40
EPS$1.84
Beta0.47
52W Change+10.0%
Dividend Yield4.10%
ROE9.5%
Analysis

The company holds $52.0M in cash, though total debt stands at $28.06B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company is burning cash, with free cash flow at -$1.84B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 9.5%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.8% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $12.46B (2022) to $15.09B (2025), reflecting a 21% increase over the period.

With a beta below 0.7, FirstEnergy Corp. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. FirstEnergy Corp. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. No single metric tells the full story. Reviewing FE's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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