FE Q2 2020 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q2 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.5B+0.2% YoY

Gross Profit

$1.8B72.6% margin

Operating Income

$515M20.4% margin

Net Income

$309M12.3% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

-6.9%

Cash Flow

Operating Cash Flow

$710M

Free Cash Flow

$34M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$42.4B

Total Liabilities

$35.3B

Stockholders' Equity

$7.1B

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.5B	+0.2%
Gross Profit	$1.8B	$1.8B	+3.2%
Operating Income	$515M	$585M	-12.0%
Net Income	$309M	$312M	-1.0%

Revenue Segments

Regulated Distribution

$2.2B85%

Regulated Transmission

$384M15%