FE Q3 2022 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q3 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.5B+11.2% YoY

Gross Profit

$2.2B62.1% margin

Operating Income

$505M14.5% margin

Net Income

$334M9.6% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+23.3%

Cash Flow

Operating Cash Flow

$554M

Free Cash Flow

-$112M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$44.9B

Total Liabilities

$33.6B

Stockholders' Equity

$10.8B

Cash & Equivalents

$251M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.5B	$3.1B	+11.2%
Gross Profit	$2.2B	$2.1B	+1.8%
Operating Income	$505M	$631M	-20.0%
Net Income	$334M	$463M	-27.9%

Revenue Segments

Regulated Distribution

$3.0B86%

Regulated Transmission

$503M14%