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FirstEnergy Corp
Previous close
$42.62
Day range
$42.52 - $42.85
Year range
$35.41 - $44.97
Market cap
24.52B USD
Avg Volume
2.89M
P/E ratio
27.48
Dividend yield
4.00%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 3.73B | 6.94% |
Operating expense | 1.71B | 6.34% |
Net income | 419.00M | 4.75% |
Net profit margin | 11.24 | -2.01% |
Earnings per share | 0.85 | -3.41% |
EBITDA | 1.29B | 20.50% |
Effective tax rate | 16.79% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 439.00M | 272.03% |
Total assets | 50.76B | 6.92% |
Total liabilities | 37.06B | 1.47% |
Total equity | 13.69B | — |
Shares outstanding | 576.32M | — |
Price to book | 1.98 | — |
Return on assets | 4.06% | — |
Return on capital | 5.50% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 419.00M | 4.75% |
Cash from operations | 775.00M | — |
Cash from investing | -1.08B | — |
Cash from financing | 672.00M | — |
Net change in cash | 362.00M | — |
Free cash flow | 487.75M | — |
About
FirstEnergy Corp. is a privately owned electric utility headquartered in Akron, Ohio. It was established when Ohio Edison merged with Centerior Energy in 1997. Its subsidiaries and affiliates are involved in the distribution, transmission, and generation of electricity, as well as energy management and other energy-related services. Its ten electric utility operating companies comprise one of the United States' largest investor-owned utilities, based on serving 6 million customers within a 65,000-square-mile area of Ohio, Pennsylvania, West Virginia, Virginia, Maryland, New Jersey, and New York. Its generation subsidiaries control more than 16,000 megawatts of capacity, and its distribution lines span over 194,000 miles. In 2018, FirstEnergy ranked 219 on the Fortune 500 list of the largest public corporations in the United States by revenue.
In November 2016, FirstEnergy made the decision to exit the competitive power business and thus become a fully regulated company. Wikipedia
Founded
Nov 7, 1997
Headquarters
Website
Employees
12,042
