FE Q2 2022 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q2 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.8B+7.5% YoY

Gross Profit

$1.8B64.8% margin

Operating Income

$447M15.9% margin

Net Income

$187M6.6% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

$928M

Free Cash Flow

$301M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$45.1B

Total Liabilities

$33.8B

Stockholders' Equity

$10.9B

Cash & Equivalents

$478M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$2.6B	+7.5%
Gross Profit	$1.8B	$1.9B	-3.7%
Operating Income	$447M	$312M	+43.3%
Net Income	$187M	$58M	+222.4%

Revenue Segments

Regulated Distribution

$2.4B85%

Regulated Transmission

$441M15%