FE Q4 2022 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q4 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.2B+19.4% YoY

Gross Profit

$1.9B60.1% margin

Operating Income

$399M12.6% margin

Net Income

-$403M-12.7% margin

EPS (Diluted)

$-0.70

QoQ Revenue Growth

-8.6%

Cash Flow

Operating Cash Flow

$846M

Free Cash Flow

-$122M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$46.1B

Total Liabilities

$35.5B

Stockholders' Equity

$10.2B

Cash & Equivalents

$160M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$2.7B	+19.4%
Gross Profit	$1.9B	$1.8B	+7.1%
Operating Income	$399M	$224M	+78.1%
Net Income	-$403M	$427M	-194.4%

Revenue Segments

Electricity, US Regulated

$2.6B81%

Electric Transmission

$470M15%

Electric Worldwide Unregulated Revenue

$125M4%