(FE) FirstEnergy - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US3379321074
Stock: Electricity Generation, Transmission, Distribution
Total Rating 54
Risk 57
Buy Signal -0.06
| Risk 5d forecast | |
|---|---|
| Volatility | 16.1% |
| Relative Tail Risk | -2.09% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.57 |
| Alpha | 31.32 |
| Character TTM | |
|---|---|
| Beta | 0.028 |
| Beta Downside | 0.081 |
| Drawdowns 3y | |
|---|---|
| Max DD | 20.48% |
| CAGR/Max DD | 0.67 |
EPS (Earnings per Share)
Revenue
Description: FE FirstEnergy February 26, 2026
FirstEnergy Corp. (NYSE: FE) is a regulated utility that generates, transmits, and distributes electricity across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York, operating through Distribution, Integrated, and Stand-Alone Transmission segments. Its generation mix includes coal, nuclear, hydro, wind, and solar assets, and it maintains roughly 252,000 mi of distribution lines and 24,000 mi of transmission lines.
As of the latest Q4 2024 filing, FirstEnergy reported a regulated earnings per share (EPS) of $1.08, a dividend yield of ~3.5%, and a debt-to-equity ratio of 1.6, reflecting its capital-intensive infrastructure. The company’s rate base grew 4.2% YoY to $28.7 billion, driven by ongoing transmission upgrades and renewable-capacity expansions.
Key sector drivers include the U.S. push for grid modernization and renewable integration, which is prompting utilities to invest heavily in transmission upgrades-FirstEnergy’s 2024 capital budget allocated $1.9 billion to such projects. Additionally, regional regulatory decisions on clean-energy standards and the trajectory of interest rates continue to shape earnings stability for regulated utilities.
For a deeper dive into FirstEnergy’s valuation metrics, you might explore ValueRay’s analyst tools.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 1.27b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 6.72 > 1.0 |
| NWC/Revenue: -15.19% < 20% (prev -16.49%; Δ 1.30% < -1%) |
| CFO/TA 0.07 > 3% & CFO 3.70b > Net Income 1.27b |
| Net Debt (26.97b) to EBITDA (4.39b): 6.15 < 3 |
| Current Ratio: 0.57 > 1.5 & < 3 |
| Outstanding Shares: last quarter (578.0m) vs 12m ago 0.24% < -2% |
| Gross Margin: 54.77% > 18% (prev 0.68%; Δ 5410 % > 0.5%) |
| Asset Turnover: 27.96% > 50% (prev 25.89%; Δ 2.07% > 0%) |
| Interest Coverage Ratio: 2.49 > 6 (EBITDA TTM 4.39b / Interest Expense TTM 1.14b) |
Altman Z'' 0.09
| A: -0.04 (Total Current Assets 2.98b - Total Current Liabilities 5.27b) / Total Assets 55.90b |
| B: 0.00 (Retained Earnings 35.0m / Total Assets 55.90b) |
| C: 0.05 (EBIT TTM 2.83b / Avg Total Assets 53.97b) |
| D: 0.00 (Book Value of Equity 79.0m / Total Liabilities 41.98b) |
| Altman-Z'' Score: 0.09 = B |
Beneish M -2.82
| DSRI: 0.98 (Receivables 2.02b/1.83b, Revenue 15.09b/13.47b) |
| GMI: 1.23 (GM 54.77% / 67.52%) |
| AQI: 0.94 (AQ_t 0.15 / AQ_t-1 0.16) |
| SGI: 1.12 (Revenue 15.09b / 13.47b) |
| TATA: -0.04 (NI 1.27b - CFO 3.70b) / TA 55.90b) |
| Beneish M-Score: -2.82 (Cap -4..+1) = A |
What is the price of FE shares?
As of March 04, 2026, the stock is trading at USD 50.57 with a total of 4,189,312 shares traded.
Over the past week, the price has changed by -0.14%, over one month by +8.88%, over three months by +12.88% and over the past year by +32.87%.
Over the past week, the price has changed by -0.14%, over one month by +8.88%, over three months by +12.88% and over the past year by +32.87%.
Is FE a buy, sell or hold?
FirstEnergy has received a consensus analysts rating of 3.61.
Therefor, it is recommend to hold FE.
- StrongBuy: 4
- Buy: 3
- Hold: 11
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 51.4 | 1.6% |
| Analysts Target Price | 51.4 | 1.6% |
FE Fundamental Data Overview February 28, 2026
P/E Trailing = 22.0174
P/E Forward = 16.7504
P/S = 1.9632
P/B = 2.0425
P/EG = 1.3289
Revenue TTM = 15.09b USD
EBIT TTM = 2.83b USD
EBITDA TTM = 4.39b USD
Long Term Debt = 25.51b USD (from longTermDebt, last quarter)
Short Term Debt = 1.11b USD (from shortTermDebt, last quarter)
Debt = 27.07b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 26.97b USD (from netDebt column, last quarter)
Enterprise Value = 56.27b USD (29.25b + Debt 27.07b - CCE 57.0m)
Interest Coverage Ratio = 2.49 (Ebit TTM 2.83b / Interest Expense TTM 1.14b)
EV/FCF = 22.20x (Enterprise Value 56.27b / FCF TTM 2.53b)
FCF Yield = 4.50% (FCF TTM 2.53b / Enterprise Value 56.27b)
FCF Margin = 16.79% (FCF TTM 2.53b / Revenue TTM 15.09b)
Net Margin = 8.42% (Net Income TTM 1.27b / Revenue TTM 15.09b)
Gross Margin = 54.77% ((Revenue TTM 15.09b - Cost of Revenue TTM 6.83b) / Revenue TTM)
Gross Margin QoQ = 25.68% (prev 60.34%)
Tobins Q-Ratio = 1.01 (Enterprise Value 56.27b / Total Assets 55.90b)
Interest Expense / Debt = 1.19% (Interest Expense 321.0m / Debt 27.07b)
Taxrate = 18.47% (288.0m / 1.56b)
NOPAT = 2.31b (EBIT 2.83b * (1 - 18.47%))
Current Ratio = 0.57 (Total Current Assets 2.98b / Total Current Liabilities 5.27b)
Debt / Equity = 2.16 (Debt 27.07b / totalStockholderEquity, last quarter 12.51b)
Debt / EBITDA = 6.15 (Net Debt 26.97b / EBITDA 4.39b)
Debt / FCF = 10.64 (Net Debt 26.97b / FCF TTM 2.53b)
Total Stockholder Equity = 12.68b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.35% (Net Income 1.27b / Total Assets 55.90b)
RoE = 10.02% (Net Income TTM 1.27b / Total Stockholder Equity 12.68b)
RoCE = 7.42% (EBIT 2.83b / Capital Employed (Equity 12.68b + L.T.Debt 25.51b))
RoIC = 5.96% (NOPAT 2.31b / Invested Capital 38.76b)
WACC = 3.59% (E(29.25b)/V(56.32b) * Re(6.02%) + D(27.07b)/V(56.32b) * Rd(1.19%) * (1-Tc(0.18)))
Discount Rate = 6.02% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.32%
[DCF] Terminal Value 80.82% ; FCFF base≈2.53b ; Y1≈1.66b ; Y5≈759.0m
[DCF] Fair Price = N/A (negative equity: EV 24.18b - Net Debt 26.97b = -2.79b; debt exceeds intrinsic value)
EPS Correlation: 13.76 | EPS CAGR: -3.74% | SUE: -0.75 | # QB: 0
Revenue Correlation: 73.22 | Revenue CAGR: 6.59% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-06-30): EPS=0.56 | Chg7d=-0.003 | Chg30d=-0.000 | Revisions Net=+0 | Analysts=4
EPS current Year (2026-12-31): EPS=2.73 | Chg7d=+0.008 | Chg30d=+0.012 | Revisions Net=+6 | Growth EPS=+7.0% | Growth Revenue=-0.8%
EPS next Year (2027-12-31): EPS=2.95 | Chg7d=+0.010 | Chg30d=+0.018 | Revisions Net=+4 | Growth EPS=+8.0% | Growth Revenue=+4.5%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.4% (Discount Rate 7.9% - Earnings Yield 4.5%)
[Growth] Growth Spread = +2.1% (Analyst 5.5% - Implied 3.4%)
P/E Forward = 16.7504
P/S = 1.9632
P/B = 2.0425
P/EG = 1.3289
Revenue TTM = 15.09b USD
EBIT TTM = 2.83b USD
EBITDA TTM = 4.39b USD
Long Term Debt = 25.51b USD (from longTermDebt, last quarter)
Short Term Debt = 1.11b USD (from shortTermDebt, last quarter)
Debt = 27.07b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 26.97b USD (from netDebt column, last quarter)
Enterprise Value = 56.27b USD (29.25b + Debt 27.07b - CCE 57.0m)
Interest Coverage Ratio = 2.49 (Ebit TTM 2.83b / Interest Expense TTM 1.14b)
EV/FCF = 22.20x (Enterprise Value 56.27b / FCF TTM 2.53b)
FCF Yield = 4.50% (FCF TTM 2.53b / Enterprise Value 56.27b)
FCF Margin = 16.79% (FCF TTM 2.53b / Revenue TTM 15.09b)
Net Margin = 8.42% (Net Income TTM 1.27b / Revenue TTM 15.09b)
Gross Margin = 54.77% ((Revenue TTM 15.09b - Cost of Revenue TTM 6.83b) / Revenue TTM)
Gross Margin QoQ = 25.68% (prev 60.34%)
Tobins Q-Ratio = 1.01 (Enterprise Value 56.27b / Total Assets 55.90b)
Interest Expense / Debt = 1.19% (Interest Expense 321.0m / Debt 27.07b)
Taxrate = 18.47% (288.0m / 1.56b)
NOPAT = 2.31b (EBIT 2.83b * (1 - 18.47%))
Current Ratio = 0.57 (Total Current Assets 2.98b / Total Current Liabilities 5.27b)
Debt / Equity = 2.16 (Debt 27.07b / totalStockholderEquity, last quarter 12.51b)
Debt / EBITDA = 6.15 (Net Debt 26.97b / EBITDA 4.39b)
Debt / FCF = 10.64 (Net Debt 26.97b / FCF TTM 2.53b)
Total Stockholder Equity = 12.68b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.35% (Net Income 1.27b / Total Assets 55.90b)
RoE = 10.02% (Net Income TTM 1.27b / Total Stockholder Equity 12.68b)
RoCE = 7.42% (EBIT 2.83b / Capital Employed (Equity 12.68b + L.T.Debt 25.51b))
RoIC = 5.96% (NOPAT 2.31b / Invested Capital 38.76b)
WACC = 3.59% (E(29.25b)/V(56.32b) * Re(6.02%) + D(27.07b)/V(56.32b) * Rd(1.19%) * (1-Tc(0.18)))
Discount Rate = 6.02% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.32%
[DCF] Terminal Value 80.82% ; FCFF base≈2.53b ; Y1≈1.66b ; Y5≈759.0m
[DCF] Fair Price = N/A (negative equity: EV 24.18b - Net Debt 26.97b = -2.79b; debt exceeds intrinsic value)
EPS Correlation: 13.76 | EPS CAGR: -3.74% | SUE: -0.75 | # QB: 0
Revenue Correlation: 73.22 | Revenue CAGR: 6.59% | SUE: 4.0 | # QB: 2
EPS next Quarter (2026-06-30): EPS=0.56 | Chg7d=-0.003 | Chg30d=-0.000 | Revisions Net=+0 | Analysts=4
EPS current Year (2026-12-31): EPS=2.73 | Chg7d=+0.008 | Chg30d=+0.012 | Revisions Net=+6 | Growth EPS=+7.0% | Growth Revenue=-0.8%
EPS next Year (2027-12-31): EPS=2.95 | Chg7d=+0.010 | Chg30d=+0.018 | Revisions Net=+4 | Growth EPS=+8.0% | Growth Revenue=+4.5%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.4% (Discount Rate 7.9% - Earnings Yield 4.5%)
[Growth] Growth Spread = +2.1% (Analyst 5.5% - Implied 3.4%)