FE Q1 2022 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q1 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.0B+9.6% YoY

Gross Profit

$2.0B66.0% margin

Operating Income

$559M18.7% margin

Net Income

$288M9.6% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

+12.4%

Cash Flow

Operating Cash Flow

$355M

Free Cash Flow

-$165M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$44.6B

Total Liabilities

$35.9B

Stockholders' Equity

$8.8B

Cash & Equivalents

$283M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.7B	+9.6%
Gross Profit	$2.0B	$1.9B	+4.4%
Operating Income	$559M	$559M	+0.0%
Net Income	$288M	$335M	-14.0%

Revenue Segments

Regulated Distribution

$2.6B85%

Regulated Transmission

$453M15%