FE Q2 2021 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q2 2021 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.6B+4.0% YoY

Gross Profit

$1.9B72.3% margin

Operating Income

$312M11.9% margin

Net Income

$58M2.2% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-3.8%

Cash Flow

Operating Cash Flow

$814M

Free Cash Flow

$192M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$44.4B

Total Liabilities

$36.9B

Stockholders' Equity

$7.4B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.5B	+4.0%
Gross Profit	$1.9B	$1.8B	+3.5%
Operating Income	$312M	$515M	-39.4%
Net Income	$58M	$309M	-81.2%

Revenue Segments

Regulated Distribution

$2.3B84%

Regulated Transmission

$419M16%