FE Q3 2024 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q3 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.7B+6.9% YoY

Gross Profit

$2.5B67.1% margin

Operating Income

$727M19.5% margin

Net Income

$419M11.2% margin

EPS (Diluted)

$0.73

QoQ Revenue Growth

+13.7%

Cash Flow

Operating Cash Flow

$775M

Free Cash Flow

-$229M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$50.8B

Total Liabilities

$37.1B

Stockholders' Equity

$12.4B

Cash & Equivalents

$439M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$3.5B	+6.9%
Gross Profit	$2.5B	$2.2B	+15.6%
Operating Income	$727M	$666M	+9.2%
Net Income	$419M	$400M	+4.8%

Revenue Segments

Regulated Distribution

$1.8B79%

Regulated Transmission

$475M21%