FE Q3 2020 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q3 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.0B+2.0% YoY

Gross Profit

$2.2B71.3% margin

Operating Income

$721M23.9% margin

Net Income

$454M15.0% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

+19.8%

Cash Flow

Operating Cash Flow

$701M

Free Cash Flow

$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$42.9B

Total Liabilities

$35.7B

Stockholders' Equity

$7.2B

Cash & Equivalents

$260M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.0B	+2.0%
Gross Profit	$2.2B	$2.0B	+5.5%
Operating Income	$721M	$681M	+5.9%
Net Income	$454M	$391M	+16.1%

Revenue Segments

Regulated Distribution

$2.7B87%

Regulated Transmission

$413M13%