Revenue segments as reported by the company.

Distribution services and retail generation

Transmission

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Fuel

Purchased power

Other operating expenses

Provision for depreciation

Amortization (deferral) of regulatory assets, net

General taxes

DPA penalty

Gain on sale of Yards Creek

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

FirstEnergy

FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity as well as energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate segment reflects corporate support not charged to FE's subsidiaries, interest expense on FE’s holding company debt and other businesses that do not constitute an operating segment. The company was founded in 1996 and is headquartered in Akron, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

FirstEnergy reports robust Q4 earnings, eyes growth through 2025

FirstEnergy's Q4 2022 performance reflects financial strength and operational resilience, underpinned by debt reduction and earnings growth.
Strategic initiatives in regulatory matters and capital optimization position the company for sustained growth and efficiency improvements.
While facing challenges in CEO succession and earnings diversification, FirstEnergy's proactive stance on future opportunities bodes well for long-term success.

FirstEnergy meets Q1 earnings, pursues growth through acquisitions and investments

FirstEnergy's Q1 performance met expectations, with a focus on financial strength, operational enhancements, and culture transformation. The company is proactive in its approach to capital investments, regulatory compliance, and climate goals. Challenges lie in declining earnings from certain sources and mitigating weather-related impacts.

FirstEnergy maintains earnings guidance amidst regulatory challenges and growth opportunities

FirstEnergy's Q2 performance was impacted by mild weather conditions, but the company remains focused on financial guidance, dividend declaration, and stakeholder engagement. Regulatory challenges and ongoing investigations pose risks, while opportunities lie in operational efficiency improvements and strategic growth initiatives.

FirstEnergy reports improved Q3 earnings, plans $12B investments

FirstEnergy's Q3 performance showed earnings improvement and cost control efforts. The company is strategically positioned for growth with significant capital investments planned. Challenges include weather impacts and setbacks in performance metrics, while opportunities lie in improving financial metrics and growth potential in Ohio.

FirstEnergy excels in Q4 earnings, faces challenges in regulatory landscape

FirstEnergy delivered strong financial performance, exceeding earnings guidance and showcasing successful initiatives.
The company's focus on transparency, balance sheet strength, and dividend growth sets it apart in the industry.
Challenges include managing state-regulated returns, pension volatility, and potential power price increases.
Opportunities lie in improving ROE, leveraging load growth, and executing strategic initiatives for growth.

FirstEnergy reports strong Q1 earnings, upgrades to investment grade

FirstEnergy's Q1 performance was strong, with earnings exceeding expectations and positive regulatory developments.
The company's strategic initiatives and investment plans position it well for growth in clean energy and grid modernization.
Challenges include regulatory uncertainties and ongoing investigations, but efforts are underway to address them.
Opportunities in transmission growth, grid technologies, and customer service enhancements offer avenues for future expansion.

FirstEnergy reports Q2 earnings mix, focuses on stability and growth

FirstEnergy's Q2 performance showed mixed results with GAAP earnings decline but improved operating earnings, driven by positive factors like rate adjustments and customer demand.
The company demonstrated strength in balance sheet improvements, regulatory engagements, and resolving legacy issues, enhancing financial stability and investor confidence.
While facing challenges in regulatory settlements, power prices, and operational efficiency, FirstEnergy is poised to leverage opportunities in revenue growth, strategic investments, and operational enhancements.

FirstEnergy reports mixed Q3 earnings, focuses on growth initiatives

FirstEnergy's Q3 2024 performance reflected a mix of positive earnings drivers and challenges, with a focus on capital investments and regulatory updates shaping the company's future trajectory. The company's strategic initiatives, including participation in transmission expansion plans and a substantial CapEx plan, position it for sustainable growth and operational enhancement.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

FirstEnergy Corp. engages in the generation, transmission, and distribution of electricity, energy management and other energy-related services through its subsidiaries. It operates through the following business segments: Regulated Distribution, Regulated Transmission, and Corporate or Other. The Regulated Distribution segment distributes electricity through FirstEnergy's utility operating companies, serving various customers. The Regulated Transmission segment transmits electricity through transmission facilities owned and operated by FirstEnergy's utilities. The Corporate or Other segment reflects corporate support and other costs not charged or attributable to the utilities or transmission companies. The company was founded in 1996 and is headquartered in Akron, OH.

Reports first quarter GAAP earnings of $0.51 per share and operating (non-GAAP) earnings of $0.60 per share, in line with guidance midpoint Building on transformational initiatives to deliver strong operational and financial results with sustainable investment plan Updates and affirms full-year GAAP and operating guidance and provides outlook for second quarter AKRON, Ohio , April 21, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported first quarter 2022 GAAP earnings of $288 million, or $0.51 per basic share of common stock ($0.50 diluted), on revenue of $3.0 billion. In the first quarter of 2021, the company reported GAAP earnings of $335 million, or $0.62 per basic and diluted share of common stock, on revenue of $2.7 billion.

FirstEnergy Announces First Quarter 2022 Financial Results

GREENSBURG, Pa. , April 21, 2022 /PRNewswire/ -- Employee volunteers from West Penn Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), will host tree giveaway and planting events in Jeanette and Ford City, respectively, on Earth Day, and will plant trees in Mount Pleasant Township on Arbor Day.

West Penn Power Green Team to Celebrate Earth Day and Arbor Day with Tree Giveaway and Planting Events in Westmoreland and Armstrong Counties

Nearly 2,000 trees will be donated and planted by FirstEnergy across Stark County in April MASSILLON, Ohio , April 20, 2022 /PRNewswire/ -- In celebration of Earth and Arbor days this month, FirstEnergy Corp. (NYSE: FE) has donated 500 trees to the City of Massillon's Community Park in Stark County, Ohio. A variety of arborvitaes were planted on April 20 by employees of FirstEnergy and its Ohio Edison electric company throughout the 46-acre park, which is a popular attraction this time of year with baseball fields, walking trails and a playground.

FirstEnergy Donates 500 Trees to City of Massillon Ahead of Earth, Arbor Days

Company aims to exceed its 2021 accomplishment of approximately 17,000 trees planted AKRON, Ohio , April 20, 2022 /PRNewswire/ -- In support of its continued commitment to the environment and support of the communities it serves, FirstEnergy Corp. (NYSE: FE) has set a goal to plant 20,000 trees throughout its service territory in 2022. About 10,000 of the trees will be planted over the next two weeks during events surrounding Earth Day and Arbor Day.

FirstEnergy Set to Plant 20,000 Trees in 2022

Regions Financial

Snap

After markets closed on Tuesday, Netflix reported March-quarter results that beat the consensus earnings estimate but missed on revenue.

Earnings Previews: FirstEnergy, Regions Financial, Snap

READING, Pa. , April 5, 2022 /PRNewswire/ -- Mid-Atlantic Interstate Transmission (MAIT), a transmission subsidiary of FirstEnergy Corp. (NYSE: FE), has completed proactive visual inspections of nearly 1,400 miles of its high-voltage transmission lines in areas served by FirstEnergy's Met-Ed electric utility.

FirstEnergy Completes Proactive Aerial Inspections of High-Voltage Power Lines in Eastern Pennsylvania

Program has diverted more than 1 million pounds of used utility poles from landfills AKRON, Ohio , March 30, 2022 /PRNewswire/ -- Wooden utility poles no longer fit for use in Ohio are receiving a new lease on life, thanks to a sustainability program launched by FirstEnergy Corp. (NYSE: FE) to repurpose discarded poles and keep them out of landfills. Under the new Wood Pole Diversion Program, utility poles no longer in use by FirstEnergy's Ohio utilities – Ohio Edison, The Illuminating Company or Toledo Edison – will be redistributed to interested parties for direct reuse.

FirstEnergy Launches Utility Pole Recycling Program in Ohio Service Area

TOLEDO, Ohio , March 29, 2022 /PRNewswire/ -- As part of its ongoing efforts to protect nesting birds, Toledo Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has teamed with Metroparks Toledo to donate and install a 55-foot wooden pole with a nesting platform at the Manhattan Marsh Preserve Metropark in North Toledo. This proactive work will provide a safe nesting location for the growing osprey population and promote osprey conservation efforts in the area.

Toledo Edison Teams with Metroparks Toledo to Protect Nesting Birds

Digital enablement and strong cybersecurity the focus for company's IT department AKRON, Ohio , March 28, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Ernest (Ernie) N. Maley has been promoted to vice president and chief information officer, effective April 10, 2022.

FirstEnergy Promotes Ernest N. Maley to Vice President & Chief Information Officer

Upgrades to benefit nearly 3,000 customers in Shippenville and Knox areas ERIE, Pa. , March 22, 2022 /PRNewswire/ -- Penelec, a FirstEnergy Corp. (NYSE: FE) electric utility, is completing work in Clarion County designed to enhance electric service reliability for about 2,800 customers in parts of Shippenville, Marianne Estates, Knox, Lucinda and Leeper.

Penelec Completing Upgrades in Northern Clarion County

ROI-NJ and NJBiz Recognize Leadership at JCP&L and NJ Chamber MORRISTOWN, N.J. , March 17, 2022 /PRNewswire/ -- Jim Fakult, president of New Jersey Operations for FirstEnergy Corp. (NYSE: FE) and its subsidiary Jersey Central Power & Light (JCP&L), has been named to the ROI-NJ and NJBiz "power" lists for his leadership of the state's second-largest electric utility, as well as his role at the New Jersey Chamber of Commerce.

JCP&L President Jim Fakult Named to New Jersey "Power" Lists

AKRON, Ohio, March 9, 2022 /PRNewswire/ -- To help expand and grow minority-owned businesses in northeast Ohio, FirstEnergy Corp. (NYSE: FE) today announced a $1 million contribution to UBIZ Venture Capital, a small business lending program affiliated with the Urban League of Greater Cleveland, a 501(c)(3) organization. UBIZ provides counseling, technical assistance and loans to African American and minority-owned businesses with high-growth potential that are having difficulty securing capital.

FirstEnergy Contributes $1 Million to Venture Capital Organization to Support Minority Businesses in Northeast Ohio

FirstEnergy (FE) is likely to reduce auto emissions by the installation of electric vehicle fast-charging stations by encouraging customers to adopt clean and affordable electric vehicles.

FirstEnergy (FE) Installs New Charging Units Under EV Driven

WILLIAMSPORT, Md., March 7, 2022 /PRNewswire/ -- Potomac Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed the installation of four new electric vehicle (EV) fast-charging stations in Frostburg and Friendsville, expanding its network of publicly available stations in Maryland.

Potomac Edison Installs Four New EV Fast-Charging Stations in Maryland

MORRISTOWN, N.J., March 4, 2022 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has been honored for their work supporting construction of Atlantic Health System's combined heat and power plant at Morristown Medical Center, which received the 2022 New Jersey Alliance for Action Leading Capital Construction Projects award.

JCP&L Honored for Work on Energy Construction Project by New Jersey Alliance for Action

HOLMDEL, N.J., March 3, 2022 /PRNewswire/ -- As part of its plan to modernize the electric distribution system, Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE:FE), will begin installing smart meters on customers' homes and businesses throughout its service territory in 2023.

JCP&L to Begin Installing Smart Meters in 2023

WILLIAMSPORT, Md., March 2, 2022 /PRNewswire/ -- Potomac Edison, a FirstEnergy Corp. (NYSE: FE) subsidiary, is urging residential customers experiencing financial hardship to contact the company as soon as possible to establish an affordable payment arrangement or obtain assistance before the winter utility disconnection rules are lifted and shut-offs for nonpayment resume beginning March 31.

Potomac Edison Reminds Customers of Available Assistance Programs as Winter Utility Disconnection Rules Set to Expire on March 31

FAIRMONT, W.Va., March 2, 2022 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) electric companies in West Virginia – Mon Power and Potomac Edison – are urging residential customers experiencing financial hardship to contact their utility as soon as possible to establish an affordable payment arrangement or obtain assistance before shut-offs for nonpayment resume without winter season restrictions beginning March 31.

FirstEnergy's West Virginia Utilities Remind Customers of Available Assistance Programs to Help with Winter Electric Bills

MORRISTOWN, N.J., March 2, 2022 /PRNewswire/ -- Jersey Central Power & Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), is urging residential customers experiencing financial hardship to contact the company as soon as possible to establish an affordable payment arrangement or obtain assistance before the winter utility disconnection moratorium is lifted and shut-offs for nonpayment resume beginning March 15.

JCP&L Reminds Customers of Available Assistance Programs as Winter Utility Disconnection Moratorium Set to Expire on March 15

GREENSBURG, Pa., March 2, 2022 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) electric companies in Pennsylvania – West Penn Power, Penn Power, Penelec and Met-Ed – are urging residential customers experiencing financial hardship to contact their utility as soon as possible to establish an affordable payment arrangement or obtain assistance before the winter utility disconnection moratorium is lifted and shut-offs for nonpayment resume beginning April 1.

FirstEnergy's Pennsylvania Utilities Remind Customers of Available Assistance Programs as Winter Utility Disconnection Moratorium Set to Expire on April 1

AKRON, Ohio, March 2, 2022 /PRNewswire/ -- FirstEnergy Corp.'s (NYSE: FE) electric companies in Ohio – The Illuminating Company, Ohio Edison and Toledo Edison – are urging residential customers experiencing financial hardship to contact their utility as soon as possible to establish an affordable payment arrangement or obtain assistance before shut-offs for nonpayment resume without winter season restrictions beginning April 15. In a heartfelt message to customers, FirstEnergy employees are speaking out about personal experiences that fuel their passion to help customers who may find themselves seeking financial assistance for the first time.

FirstEnergy's Ohio Utilities Remind Customers of Available Assistance Programs to Help with Winter Electric Bills

AKRON, Ohio, Feb. 28, 2022 /PRNewswire/ -- The Right-of-Way Stewardship Council has named FirstEnergy Corp. (NYSE:FE) a Right-of-Way Steward Utility, an accreditation received by just eight electric utilities in the country. The national recognition is awarded to utilities who demonstrate standards of excellence and leadership in managing vegetation along transmission rights-of-way – the parcels of land FirstEnergy uses to build, repair, and maintain the transmission facilities that serve as the backbone of the electric grid.

FirstEnergy Commitment to Sustainability Recognized with Right-of-Way Steward Accreditation

CRA International

BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Corp.'s (NYSE: FE) Pennsylvania utilities — Metropolitan Edison Company (“Met-Ed”), Pennsylvania Electric Company (“Penelec”), Pennsylvania Power Company (“Penn Power”) and West Penn Power Company (“West Penn Power”) — to procure full requirements Default Supply generati

FirstEnergy's Pennsylvania Default Service Program DSP-V Auction: Information Session for Prospective Bidders on Wednesday, March 2, 2022

BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an RFP auction process will be conducted for FirstEnergy Corp.'s (NYSE: FE) Ohio utilities to procure full requirements service for their Percentage of Income Payment Plan (PIPP) customers. The winning PIPP supplier will be obligated to serve all of the PIPP load for the 12-month delivery period, June 2022 through May 2023

FirstEnergy Ohio Utilities' PIPP RFP Auction: Information Sessions for Prospective Bidders on Thursday, February 24, 2022

HOLMDEL, N.J., Feb. 16, 2022 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has named Amy Overman to the role of external affairs consultant to serve as a liaison with elected officials and support local community involvement activities.

News for FirstEnergy Stock (FE)