FE (FirstEnergy Corp.) Stock Financials & Earnings | Market Cap Arena

FE (FirstEnergy Corp.) Stock Financials & Earnings | Market Cap Arena

FEFirstEnergy Corp.

Mkt Cap$29B

Utilities·Regulated Electric·🇺🇸 United States·NYSE

Revenue (TTM)$15.1B

Net Income (TTM)$1.3B

EPS (TTM)$1.76

Free Cash Flow (TTM)$2.5B

Gross Margin54.8%

Op. Margin18.8%

Net Margin8.4%

FCF Margin16.8%

P/S Ratio (TTM)2.0x

P/E Ratio (TTM)23.2x

YoY Rev Growth+12.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$3.2B	$2.0B	$551M
Q2 23	$3.0B	$2.0B	$481M
Q3 23	$3.5B	$2.2B	$666M
Q4 23	$3.1B	$2.1B	$568M
Q1 24	$3.3B	$2.1B	$612M
Q2 24	$3.3B	$2.3B	$423M
Q3 24	$3.7B	$2.5B	$727M
Q4 24	$3.2B	$2.2B	$613M
Q1 25	$3.8B	$2.5B	$754M
Q2 25	$3.4B	$2.3B	$646M
Q3 25	$4.1B	$2.5B	$830M
Q4 25	$3.8B	$975M	$603M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.3x	71.9x
Q2 23	2.3x	64.3x
Q3 23	2.3x	56.2x
Q4 23	2.3x	26.7x
Q1 24	2.3x	27.7x
Q2 24	2.2x	33.8x
Q3 24	2.2x	33.0x
Q4 24	2.2x	30.1x
Q1 25	2.1x	27.2x
Q2 25	2.1x	22.5x
Q3 25	2.0x	22.2x
Q4 25	2.0x	23.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$112M	-$761M
Q2 23	-$101M	-$870M
Q3 23	$642M	-$206M
Q4 23	$958M	-$132M
Q1 24	-$40M	-$830M
Q2 24	$1.1B	$170M
Q3 24	$775M	-$229M
Q4 24	$1.0B	-$250M
Q1 25	$637M	-$368M
Q2 25	$1.1B	-$136M
Q3 25	$845M	$3.1B
Q4 25	$1.1B	-$30M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$649M
Q2 23	$769M
Q3 23	$848M
Q4 23	$1.1B
Q1 24	$790M
Q2 24	$942M
Q3 24	$1.0B
Q4 24	$1.3B
Q1 25	$1.0B
Q2 25	$1.2B
Q3 25	$2.2B
Q4 25	$1.2B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+8.1%	+10.3%
Q2 23	+6.7%	+6.5%
Q3 23	+0.3%	-5.0%
Q4 23	-1.0%	-7.2%
Q1 24	+1.7%	-0.2%
Q2 24	+9.1%	+13.1%
Q3 24	+6.9%	+6.4%
Q4 24	+1.0%	-0.6%
Q1 25	+14.5%	+12.6%
Q2 25	+3.0%	-4.3%
Q3 25	+11.2%	+10.5%
Q4 25	+19.6%	+24.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q4 23	$137M

Revenue Segments

Quarter	Regulated Distribution	Regulated Transmission
Q1 23	$2.8B	$461M
Q2 23	$2.5B	$520M
Q3 23	$3.0B	$509M
Q4 23	$2.6B	$564M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$177M	$0	$177M
Q2 23	$171M	$0	$171M
Q3 23	$118M	$0	$118M
Q4 23	$137M	$0	$137M
Q1 24	$888M	$0	$888M
Q2 24	$60M	$0	$60M
Q3 24	$439M	$0	$439M
Q4 24	$111M	$0	$111M
Q1 25	$132M	$0	$132M
Q2 25	$569M	$0	$569M
Q3 25	$1.4B	$0	$1.4B
Q4 25	$99M	$0	$99M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	573M	+0.2%
Q2 23	574M	+0.2%
Q3 23	574M	+0.0%
Q4 23	574M	+0.1%
Q1 24	576M	+0.3%
Q2 24	576M	+0.0%
Q3 24	577M	+0.2%
Q4 24	577M	-0.1%
Q1 25	578M	+0.2%
Q2 25	578M	+0.0%
Q3 25	580M	+0.3%
Q4 25	578M	-0.3%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$967K	16K
FY 15	$952K	16K
FY 16	$927K	16K
FY 17	$898K	16K
FY 18	$901K	12K
FY 19	$896K	12K
FY 20	$888K	12K
FY 21	$898K	12K
FY 22	$1M	12K
FY 23	$1M	12K
FY 24	$1M	12K
FY 25	$1M	11K