Overview Dividends

(FE) FirstEnergy - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US3379321074

Electricity, Transmission, Distribution, Coal, Nuclear, Renewables

Electric Utilities
Market Cap in USD: 25,550m

IPO / Inception: 1997-11-10
Return 12m vs S&P 500: 1.09%

EPS (Earnings per Share)

EPS CAGR: 13.87%
EPS Trend: 34.5%

Last SUE: 1.20
Qual. Beats: 1

Revenue

Rev. CAGR: 12.58%
Rev. Trend: 75.6%

Last SUE: 1.50
Qual. Beats: 1

Dividends

Dividend Yield	3.92%
Yield on Cost 5y	7.31%
Yield CAGR 5y	1.95%
Payout Consistency	95.4%
Payout Ratio	65.4%

Risk via 5d forecast
Volatility	16.1%
Value at Risk 5%th	26.6%
Relative Tail Risk	0.33%

Reward TTM
Sharpe Ratio	0.68
Alpha	11.98
CAGR/Max DD	0.30

Character TTM
Hurst Exponent	0.541
Beta	0.109
Beta Downside	0.120

Drawdowns 3y
Max DD	22.00%
Mean DD	6.35%
Median DD	6.36%

Description: FE FirstEnergy December 17, 2025

FirstEnergy Corp. (NYSE: FE) is a regulated electric utility that generates, transmits, and distributes electricity across six states-Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. The firm operates three business segments (Distribution, Integrated, and Stand-Alone Transmission) and owns a diversified generation fleet that includes coal, nuclear, hydro, wind, and solar assets, as well as 252,244 distribution miles and 24,143 transmission miles of overhead and underground lines.

Key recent metrics: FY 2023 reported revenue of roughly $9.8 billion and a regulated return on equity (ROE) of about 9 %, reflecting the typical utility earnings profile. The company’s earnings are highly sensitive to state-level rate cases and federal policy on carbon emissions, with the ongoing transition to renewable energy and FERC Order 2222 creating both head-room for new clean-energy contracts and potential compliance costs. Capital-intensive infrastructure upgrades-estimated at $1.2 billion over the next five years-are a primary driver of cash-flow needs and credit quality.

For a deeper, data-driven look at FirstEnergy’s valuation dynamics, you might explore the analytical tools available on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (1.33b TTM) > 0 and > 6% of Revenue (6% = 868.1m TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA 6.15pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -9.83% (prev -17.89%; Δ 8.06pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 3.61b > Net Income 1.33b (YES >=105%, WARN >=100%)

Net Debt (26.04b) to EBITDA (4.59b) ratio: 5.67 <= 3.0 (WARN <= 3.5)

Current Ratio 0.75 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (580.0m) change vs 12m ago 0.52% (target <= -2.0% for YES)

Gross Margin 65.39% (prev 67.23%; Δ -1.84pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 27.14% (prev 26.48%; Δ 0.65pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.83 (EBITDA TTM 4.59b / Interest Expense TTM 1.06b) >= 6 (WARN >= 3)

Altman Z'' 0.24

(A) -0.03 = (Total Current Assets 4.21b - Total Current Liabilities 5.63b) / Total Assets 55.88b

(B) 0.01 = Retained Earnings (Balance) 340.0m / Total Assets 55.88b

(D) 0.01 = Book Value of Equity 384.0m / Total Liabilities 41.70b

Total Rating: 0.24 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.59

1. Piotroski 3.0pt

2. FCF Yield 4.48%

3. FCF Margin 15.99%

4. Debt/Equity 2.15

5. Debt/Ebitda 5.67

6. ROIC - WACC (= 3.23)%

7. RoE 10.50%

8. Rev. Trend 75.57%

9. EPS Trend 34.51%

What is the price of FE shares?

As of December 28, 2025, the stock is trading at USD 44.85 with a total of 1,505,775 shares traded.
Over the past week, the price has changed by +1.40%, over one month by -5.30%, over three months by -0.31% and over the past year by +17.41%.

Is FE a buy, sell or hold?

FirstEnergy has received a consensus analysts rating of 3.61. Therefor, it is recommend to hold FE.

Strong Buy: 4
Buy: 3
Hold: 11
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the FE price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	50	11.5%
Analysts Target Price	50	11.5%
ValueRay Target Price	50	11.4%

FE Fundamental Data Overview December 22, 2025

Market Cap USD = 25.55b (25.55b USD * 1.0 USD.USD)
P/E Trailing = 19.2304
P/E Forward = 16.1031
P/S = 1.7889
P/B = 1.9964
P/EG = 1.1268
Beta = 0.648
Revenue TTM = 14.47b USD
EBIT TTM = 2.99b USD
EBITDA TTM = 4.59b USD
Long Term Debt = 25.51b USD (from longTermDebt, last quarter)
Short Term Debt = 1.96b USD (from shortTermDebt, last quarter)
Debt = 27.47b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 26.04b USD (from netDebt column, last quarter)
Enterprise Value = 51.62b USD (25.55b + Debt 27.47b - CCE 1.40b)
Interest Coverage Ratio = 2.83 (Ebit TTM 2.99b / Interest Expense TTM 1.06b)
FCF Yield = 4.48% (FCF TTM 2.31b / Enterprise Value 51.62b)
FCF Margin = 15.99% (FCF TTM 2.31b / Revenue TTM 14.47b)
Net Margin = 9.19% (Net Income TTM 1.33b / Revenue TTM 14.47b)
Gross Margin = 65.39% ((Revenue TTM 14.47b - Cost of Revenue TTM 5.01b) / Revenue TTM)
Gross Margin QoQ = 60.34% (prev 66.83%)
Tobins Q-Ratio = 0.92 (Enterprise Value 51.62b / Total Assets 55.88b)
Interest Expense / Debt = 1.14% (Interest Expense 312.0m / Debt 27.47b)
Taxrate = 12.79% (78.0m / 610.0m)
NOPAT = 2.61b (EBIT 2.99b * (1 - 12.79%))
Current Ratio = 0.75 (Total Current Assets 4.21b / Total Current Liabilities 5.63b)
Debt / Equity = 2.15 (Debt 27.47b / totalStockholderEquity, last quarter 12.80b)
Debt / EBITDA = 5.67 (Net Debt 26.04b / EBITDA 4.59b)
Debt / FCF = 11.25 (Net Debt 26.04b / FCF TTM 2.31b)
Total Stockholder Equity = 12.67b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.38% (Net Income 1.33b / Total Assets 55.88b)
RoE = 10.50% (Net Income TTM 1.33b / Total Stockholder Equity 12.67b)
RoCE = 7.84% (EBIT 2.99b / Capital Employed (Equity 12.67b + L.T.Debt 25.51b))
RoIC = 6.83% (NOPAT 2.61b / Invested Capital 38.19b)
WACC = 3.61% (E(25.55b)/V(53.02b) * Re(6.42%) + D(27.47b)/V(53.02b) * Rd(1.14%) * (1-Tc(0.13)))
Discount Rate = 6.42% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.49%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈2.31b ; Y1≈1.52b ; Y5≈694.8m
Fair Price DCF = 23.64 (DCF Value 13.66b / Shares Outstanding 577.7m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 34.51 | EPS CAGR: 13.87% | SUE: 1.20 | # QB: 1
Revenue Correlation: 75.57 | Revenue CAGR: 12.58% | SUE: 1.50 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.73 | Chg30d=+0.000 | Revisions Net=+2 | Analysts=4
EPS next Year (2026-12-31): EPS=2.72 | Chg30d=-0.003 | Revisions Net=-1 | Growth EPS=+7.1% | Growth Revenue=+3.8%

Additional Sources for FE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle