FE Q1 2021 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q1 2021 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.7B+0.6% YoY

Gross Profit

$1.9B69.3% margin

Operating Income

$559M20.5% margin

Net Income

$335M12.3% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

+7.4%

Cash Flow

Operating Cash Flow

$533M

Free Cash Flow

-$71M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$44.1B

Total Liabilities

$36.8B

Stockholders' Equity

$7.4B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.7B	+0.6%
Gross Profit	$1.9B	$1.9B	-1.4%
Operating Income	$559M	$532M	+5.1%
Net Income	$335M	$74M	+352.7%

Revenue Segments

Regulated Distribution

$2.4B85%

Regulated Transmission

$405M15%