FE Q4 2023 Earnings — FirstEnergy Corp. Revenue & Financial Results | Market Cap Arena

FEFirstEnergy Corp.

$29B

Q4 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.1B-1.0% YoY

Gross Profit

$2.1B67.1% margin

Operating Income

$568M18.1% margin

Net Income

$175M5.6% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

-9.8%

Cash Flow

Operating Cash Flow

$958M

Free Cash Flow

-$132M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$48.8B

Total Liabilities

$37.9B

Stockholders' Equity

$10.4B

Cash & Equivalents

$137M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$3.2B	-1.0%
Gross Profit	$2.1B	$1.9B	+10.6%
Operating Income	$568M	$399M	+42.4%
Net Income	$175M	-$403M	+143.4%

Revenue Segments

Regulated Distribution

$2.6B82%

Regulated Transmission

$564M18%