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FirstEnergyFE

Electric Utilities · Akron, Ohio · In the S&P 500
Solid businessCheaper than peers
$46.91+0.17%After hours: $46.76 (−0.32%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 2.4% over 1 year
FirstEnergy over 1 yearDaily close, $, to 30 Oct 2026
$45$50Nov2026MarMayJulSep$46.91$45$50NovMarJul$46.91
Source: Nasdaq daily closes
Market value$27.16B
Price to earnings22.6x
Forward P/E16.5x
Dividend yield3.97%
Year to date+4.8%
One year+2.4%
Next earningsNot scheduled
SectorUtilities
52-week range (closes)
$43.02$51.91

Quality and valuation

How FirstEnergy compares with other utilities stocks. A description, not a recommendation.

FirstEnergy and 7 electric utilities peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: cheaper than most

An average business among utilities companies, priced below most of them.

FirstEnergy trades at 16.5 times the next 12 months of expected earnings, against a median of 18.6x for the 33 utilities stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +11.3% vs +8.3%
  • Less profitable (operating margin): 14.7% vs 23.0%
  • Turns more of its sales into cash: −11.2% vs −14.5%
FE trades at 16.5x forward earnings, below the sector medianForward p/e, Electric Utilities peers
VST15.1xEXC15.7xFE16.5xDUK18.8xAEP19.6xSO20.1xCEG21.4xETR23.4xSector median 18.6xVST15.1xEXC15.7xFE16.5xDUK18.8xAEP19.6xSO20.1xCEG21.4xETR23.4xSector median 18.6x
Source: CNBC quotes; Mostly Markets
At 25.5x earnings, FE is pricier than its average since Apr 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
20xAverage 23.9x2025202625.5x20xAverage 23.9x2025202625.5x
Source: Nasdaq prices; SEC filings

Financials

From FirstEnergy's SEC filings, through the quarter ending 31 Mar 2026. Hover or tap a bar for its value.

Revenue grew 11.6% from a year earlierQuarterly revenue, $bn, latest Q1 ’26
$0bn$2bn$4bnQ2 ’24Q4 ’24Q2 ’25$4.2bnQ1 ’26$0bn$2bn$4bnQ2 ’24Q4 ’24Q2 ’25$4.2bnQ1 ’26
Source: SEC filings
Growth slowed to +11.6% last quarterRevenue growth, year on year, %
0%5%10%15%Q2 ’24Q4 ’24Q2 ’2511.6%Q1 ’260%10%Q2 ’24Q4 ’24Q2 ’2511.6%Q1 ’26
Source: SEC filings
Operating margin was 19.7% last quarterOperating income as a share of revenue, %
0%10%20%Q2 ’24Q4 ’24Q2 ’2519.7%Q1 ’260%10%20%Q2 ’24Q4 ’24Q2 ’2519.7%Q1 ’26
Source: SEC filings
Free cash flow was −$1.7 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
−$1.0bn−$0.5bn$0.0bnQ2 ’24Q4 ’24Q2 ’25−$1.1bnQ1 ’26−$1.0bn−$0.5bn$0.0bnQ2 ’24Q4 ’24Q2 ’25−$1.1bnQ1 ’26
Source: SEC filings
Last 12 monthsFESector median
Revenue growth+11.3%+8.3%
Operating margin14.7%23.0%
Free cash flow margin−11.2%−14.5%
Price to earnings22.6x21.1x

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Similar companies

Electric Utilities, by market value.

CompanyPriceTodayYTDValue
SOSouthern$93.71+0.77%+7.5%$108B
DUKDuke Energy$127.39+1.18%+8.7%$99.33B
CEGConstellation Energy$262.38−0.83%−25.7%$92.96B
AEPAmerican Electric Power$130.21+0.67%+12.9%$70.90B
ETREntergy$110.11+0.13%+19.1%$52.61B
EXCExelon$46.16+0.54%+5.9%$47.65B
VSTVistra$138.37−1.83%−14.2%$46.44B
WECWEC Energy Group$116.07+1.26%+10.1%$37.82B