FE Stock Analysis: FirstEnergy | NYSE
Utilities - Regulated Electric | NYSE, USA | Market Cap: 26.548m USD | 12M Return: 11.9% | US3379321074 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 168M
EPS Trend: 38.7%
Qual. Beats: 0
Rev. Trend: 97.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
FirstEnergy Corp. (FE) is a U.S. electric utility headquartered in Akron, Ohio, operating across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. The company is vertically integrated, with three reporting segments covering regulated distribution, integrated operations, and stand-alone transmission. Its generation portfolio is diversified across coal, nuclear, hydroelectric, wind, and solar facilities, and its network spans tens of thousands of miles of distribution and transmission lines. As a regulated electric utility operating in designated service territories, FirstEnergys earnings are largely shaped by state-level rate cases and allowed returns approved by public utility commissions.
- Ohio PUCO rate case rulings shape distribution segment earnings
- Transmission rate base expands with multi-billion grid modernization capex
- Federal interest rate movements pressure utility sector valuations
| Net Income: 1.09b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 4.52 > 1.0 |
| NWC/Revenue: -17.21% < 20% (prev -15.50%; Δ -1.71% < -1%) |
| CFO/TA 0.05 > 3% & CFO 3.12b > Net Income 1.09b |
| Net Debt (28.9b) to EBITDA (4.67b): 6.19 < 3 |
| Current Ratio: 0.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (579.0m) vs 12m ago 0.17% < -2% |
| Gross Margin: 53.43% > 18% (prev 67.35%; Δ -13.92% > 0.5%) |
| Asset Turnover: 28.15% > 50% (prev 25.91%; Δ 2.24% > 0%) |
| Interest Coverage Ratio: 2.36 > 6 (EBIT TTM 2.93b / Interest Expense TTM 1.24b) |
| A: -0.05 (Total Current Assets 3.21b - Total Current Liabilities 5.93b) / Total Assets 58.2b |
| B: 0.01 (Retained Earnings 459.0m / Total Assets 58.2b) |
| C: 0.05 (EBIT TTM 2.93b / Avg Total Assets 56.2b) |
| D: 0.30 (Book Value of Equity 12.9b / Total Liabilities 43.8b) |
| Altman-Z'' = 0.38 = B |
| DSRI: 0.95 (Receivables 2.01b/1.89b, Revenue 15.8b/14.1b) |
| GMI: 1.26 (GM 67.35% / 53.43%) |
| AQI: 0.55 (AQ_t 0.08 / AQ_t-1 0.15) |
| SGI: 1.13 (Revenue 15.8b / 14.1b) |
| TATA: -0.03 (NI 1.09b - CFO 3.12b) / TA 58.2b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of September 06, 2026, the stock is trading at USD 46.77 with a total of 3,992,215 shares traded. Over the past week, the price has changed by +1.94%, over one month by -2.17%, over three months by +3.49% and over the past year by +11.91%.
Current recommended Stop Loss: 44.90 (which is 4% or 2.3 ATR below the current price).
FirstEnergy has received a consensus analysts rating of 3.61. Therefore, it is recommended to hold FE.
- StrongBuy: 4
- Buy: 3
- Hold: 11
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 53.2 | 13.7% |
P/E Trailing = 24.8
P/E Forward = 16.7504
P/S = 1.6979
P/B = 2.069
P/EG = 1.6429
Revenue TTM = 15.8b USD
EBIT TTM = 2.93b USD
EBITDA TTM = 4.67b USD
Long Term Debt = 27.1b USD (from longTermDebt, last quarter)
Short Term Debt = 1.88b USD (from shortTermDebt, last quarter)
Debt = 29.0b USD (from shortLongTermDebtTotal, last quarter) + Leases 6.00m
Net Debt = 28.9b USD (calculated: Debt 29.0b - CCE 63.0m)
Enterprise Value = 55.5b USD (26.5b + Debt 29.0b - CCE 63.0m)
Interest Coverage Ratio = 2.36 (Ebit TTM 2.93b / Interest Expense TTM 1.24b)
EV/FCF = 35.15x (Enterprise Value 55.5b / FCF TTM 1.58b)
FCF Yield = 2.84% (FCF TTM 1.58b / Enterprise Value 55.5b)
FCF Margin = 9.97% (FCF TTM 1.58b / Revenue TTM 15.8b)
Net Margin = 6.86% (Net Income TTM 1.09b / Revenue TTM 15.8b)
Gross Margin = 53.43% ((Revenue TTM 15.8b - Cost of Revenue TTM 7.37b) / Revenue TTM)
Gross Margin QoQ = 64.30% (prev 62.16%)
Tobins Q-Ratio = 0.95 (Enterprise Value 55.5b / Total Assets 58.2b)
Interest Expense / Debt = 4.28% (Interest Expense 1.24b / Debt 29.0b)
Taxrate = 18.30% (304.0m / 1.66b)
NOPAT = 2.40b (EBIT 2.93b * (1 - 18.30%))
Current Ratio = 0.54 (Total Current Assets 3.21b / Total Current Liabilities 5.93b)
Debt / Equity = 2.24 (Debt 29.0b / totalStockholderEquity, last quarter 12.9b)
Debt / EBITDA = 6.19 (Net Debt 28.9b / EBITDA 4.67b)
Debt / FCF = 18.33 (Net Debt 28.9b / FCF TTM 1.58b)
Total Stockholder Equity = 12.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.93% (Net Income 1.09b / Total Assets 58.2b)
RoE = 8.53% (Net Income TTM 1.09b / Total Stockholder Equity 12.7b)
RoCE = 7.36% (EBIT 2.93b / Capital Employed (Equity 12.7b + L.T.Debt 27.1b))
RoIC = 4.43% (NOPAT 2.40b / Invested Capital 54.1b)
WACC = 4.40% (E(26.5b)/V(55.5b) * Re(5.39%) + D(29.0b)/V(55.5b) * Rd(4.28%) * (1-Tc(0.18)))
Discount Rate = 5.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.95 | Cagr: 0.23%
[DCF] Terminal Value 75.44% ; FCFF base≈1.58b ; Y1≈1.58b ; Y5≈1.68b
[DCF] Fair Price = N/A (negative equity: EV 26.1b - Net Debt 28.9b = -2.82b; debt exceeds intrinsic value)
EPS Correlation: 38.65 | EPS CAGR: 1.40% | SUE: 0.22 | # QB: 0
Revenue Correlation: 97.20 | Revenue CAGR: 8.22% | SUE: 0.40 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.93 | Chg30d=+1.30% | Revisions=+73% | Analysts=8
EPS current Year (2026-12-31): EPS=2.73 | Chg30d=-0.02% | Revisions=+0% | GrowthEPS=+7.2% | GrowthRev=+6.3%
EPS next Year (2027-12-31): EPS=2.95 | Chg30d=+0.01% | Revisions=+44% | GrowthEPS=+7.9% | GrowthRev=+4.9%
[Analyst] Revisions Ratio: +52% (up=16, down=4)