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FirstEnergy Corporation

Utilities US FE

39.89USD
0.16(0.40%)

Last update at 2024-12-24T20:30:00Z

Day Range

39.6239.96
LowHigh

52 Week Range

31.8241.54
LowHigh

Fundamentals

  • Previous Close 39.73
  • Market Cap21127.87M
  • Volume814599
  • P/E Ratio38.76
  • Dividend Yield4.45%
  • EBITDA3556.00M
  • Revenue TTM12710.00M
  • Revenue Per Share TTM22.20
  • Gross Profit TTM 8231.00M
  • Diluted EPS TTM0.95

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1439.00M 1559.00M 1129.00M 1117.00M 1512.00M
Minority interest -33.00000M - - - 367.00M
Net income 406.00M 1283.00M 1079.00M 912.00M 1348.00M
Selling general administrative -72.00000M -382.00000M 477.00M 674.00M 144.00M
Selling and marketing expenses - - - - -
Gross profit 7866.00M 7687.00M 7720.00M 7611.00M 7614.00M
Reconciled depreciation 1317.00M 1601.00M 1199.00M 1217.00M 1384.00M
Ebit 2623.00M 2746.00M 2162.00M 2510.00M 2563.00M
Ebitda 3940.00M 4347.00M 3316.00M 3296.00M 3947.00M
Depreciation and amortization 1317.00M 1601.00M 1154.00M 786.00M 1384.00M
Non operating income net other 484.00M 899.00M -45.00000M -431.00000M 61.00M
Operating income 2623.00M 2746.00M 2162.00M 2510.00M 2502.00M
Other operating expenses 10477.00M 8903.00M 9105.00M 9199.00M 8903.00M
Interest expense 955.00M 1066.00M 988.00M 962.00M 1051.00M
Tax provision 1000.00M 320.00M 126.00M 213.00M 490.00M
Interest income 787.00M 1066.00M 988.00M 962.00M 1051.00M
Net interest income -955.00000M -1066.00000M -988.00000M -962.00000M -1051.00000M
Extraordinary items 0.00000M 44.00M 76.00M 8.00M 302.00M
Non recurring - 121.00M - - -
Other items - - - - -
Income tax expense 1000.00M 320.00M 126.00M 213.00M 490.00M
Total revenue 12459.00M 11132.00M 10790.00M 11035.00M 11261.00M
Total operating expenses 5884.00M 5458.00M 6035.00M 5775.00M 5256.00M
Cost of revenue 4593.00M 3445.00M 3070.00M 3424.00M 3647.00M
Total other income expense net -1184.00000M -1187.00000M -1033.00000M -1393.00000M 205.00M
Discontinued operations - 44.00M 76.00M 8.00M 326.00M
Net income from continuing ops 439.00M 1239.00M 1003.00M 904.00M 1022.00M
Net income applicable to common shares 406.00M 1283.00M 1079.00M 908.00M 981.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 46108.00M 45432.00M 44464.00M 42301.00M 40063.00M
Intangible assets - - 73.00M 80.00M 93.00M
Earning assets - - - - -
Other current assets 217.00M 187.00M 157.00M 157.00M 427.00M
Total liab 35465.00M 36757.00M 37227.00M 35326.00M 33249.00M
Total stockholder equity 10166.00M 8675.00M 7237.00M 6975.00M 6814.00M
Deferred long term liab 4202.00M 71.00M 82.00M 99.00M 2502.00M
Other current liab 1781.00M 402.00M 560.00M 1425.00M -533.00000M
Common stock 57.00M 57.00M 54.00M 54.00M 51.00M
Capital stock 57.00M 57.00M 54.00M 54.00M 122.00M
Retained earnings -1199.00000M -1605.00000M -2888.00000M -3967.00000M -4879.00000M
Other liab 10057.00M 10093.00M 9829.00M 10605.00M 10864.00M
Good will 5618.00M 5618.00M 5618.00M 5618.00M 5618.00M
Other assets 906.00M 1178.00M 1178.00M 1097.00M 1889.00M
Cash 160.00M 1462.00M 1734.00M 627.00M 367.00M
Cash and equivalents 160.00M 1462.00M 1734.00M 627.00M 367.00M
Total current liabilities 3958.00M 4416.00M 5004.00M 4862.00M 4634.00M
Current deferred revenue 223.00M 1465.00M 1271.00M 1052.00M 533.00M
Net debt 21494.00M 22392.00M 22743.00M 20371.00M 19137.00M
Short term debt 451.00M 1606.00M 2346.00M 1380.00M 1753.00M
Short long term debt 445.00M 1593.00M 2332.00M 1380.00M 1753.00M
Short long term debt total 21654.00M 23854.00M 24477.00M 20998.00M 19504.00M
Other stockholder equity 1156.00M 10238.00M 10076.00M 10868.00M 11530.00M
Property plant equipment 1955.00M 34744.00M 33339.00M 31650.00M 29911.00M
Total current assets 2415.00M 3237.00M 3714.00M 2444.00M 2367.00M
Long term investments 622.00M 655.00M 605.00M 1451.00M 1299.00M
Net tangible assets 31369.00M 30923.00M 29368.00M 20975.00M 18876.00M
Short term investments - - - - -
Net receivables 1571.00M 1279.00M 1439.00M 1294.00M 1511.00M
Long term debt 21203.00M 22248.00M 30.00M 49.00M 89.00M
Inventory 421.00M 260.00M 317.00M 281.00M 252.00M
Accounts payable 1503.00M 943.00M 827.00M 1005.00M 2881.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 477.00M - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -14.00000M -15.00000M -5.00000M 20.00M 41.00M
Additional paid in capital - - - - -
Common stock total equity 57.00M 57.00M 54.00M 54.00M 51.00M
Preferred stock total equity - - - - 71.00M
Retained earnings total equity -1199.00000M -1605.00000M -2888.00000M -3967.00000M -4900.00000M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1168.00M 1107.00M 1078.00M 1841.00M 25.00M
Deferred long term asset charges - - - - -
Non current assets total 43693.00M 42195.00M 40750.00M 39857.00M 37696.00M
Capital lease obligations 6.00M 13.00M 14.00M - -
Long term debt total 21203.00M 22248.00M 22131.00M 19618.00M 17751.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -3076.00000M -11.00000M -22.00000M -38.00000M -554.00000M
Change to liabilities 574.00M 72.00M 135.00M -112.00000M 109.00M
Total cashflows from investing activities -3076.00000M -2559.00000M -2908.00000M -2873.00000M -3018.00000M
Net borrowings -2205.00000M -632.00000M 3511.00M 1511.00M -184.00000M
Total cash from financing activities -912.00000M -542.00000M 2607.00M 656.00M 1394.00M
Change to operating activities 103.00M 139.00M 114.00M -75.00000M -109.00000M
Net income 439.00M 1283.00M 1079.00M 912.00M 1348.00M
Change in cash -1305.00000M -290.00000M 1122.00M 250.00M -214.00000M
Begin period cash flow 1511.00M 1801.00M 679.00M 429.00M 643.00M
End period cash flow 206.00M 1511.00M 1801.00M 679.00M 429.00M
Total cash from operating activities 2683.00M 2811.00M 1423.00M 2467.00M 1410.00M
Issuance of capital stock 0.00000M 1000.00M 0.00000M 0.00000M 2466.00M
Depreciation 1317.00M 1601.00M 1199.00M 1217.00M 1384.00M
Other cashflows from investing activities -320.00000M -2559.00000M -229.00000M -170.00000M 211.00M
Dividends paid -891.00000M -849.00000M -845.00000M -820.00000M 772.00M
Change to inventory -161.00000M 57.00M -32.00000M -37.00000M 24.00M
Change to account receivables -292.00000M 169.00M 53.00M 278.00M -455.00000M
Sale purchase of stock 2357.00M -100.00000M 0.00000M 0.00000M 4040.00M
Other cashflows from financing activities 2984.00M -61.00000M 4566.00M 2265.00M -116.00000M
Change to netincome 716.00M 388.00M -69.00000M -390.00000M -1222.00000M
Capital expenditures 2756.00M 2445.00M 2657.00M 2665.00M 2675.00M
Change receivables -292.00000M 160.00M -129.00000M 271.00M -248.00000M
Cash flows other operating 90.00M -750.00000M -760.00000M 606.00M 124.00M
Exchange rate changes - - - - -
Cash and cash equivalents changes -1305.00000M -290.00000M 1122.00M 250.00M -214.00000M
Change in working capital 204.00M 338.00M -20.00000M 132.00M -157.00000M
Stock based compensation - -955.00000M 100.00M 509.00M 37.00M
Other non cash items -266.00000M 247.00M -1048.00000M -555.00000M -1687.00000M
Free cash flow -73.00000M 366.00M -1234.00000M -198.00000M -1265.00000M

Peer Comparison

Sector: Utilities Industry: Utilities - Regulated Electric

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FE
FirstEnergy Corporation
0.16 0.40% 39.89 38.76 13.85 1.66 2.02 3.52 11.35
NEE
Nextera Energy Inc
0.42 0.58% 72.91 15.77 17.61 4.52 2.61 7.10 12.28
SO
Southern Company
0.12 0.14% 83.16 25.35 17.76 2.89 2.48 5.27 13.35
DUK
Duke Energy Corporation
0.41 0.38% 108.97 20.54 16.34 2.60 1.59 5.34 11.98
AEP
American Electric Power Co Inc
-0.49 0.53% 92.37 19.17 16.18 2.58 1.91 4.83 12.39

Reports Covered

Stock Research & News

Profile

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. It operates 24,080 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 274,518 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.

FirstEnergy Corporation

76 South Main Street, Akron, OH, United States, 44308

Key Executives

Name Title Year Born
Mr. John William Somerhalder II Interim Pres & CEO and Chair of the Board 1956
Mr. K. Jon Taylor Sr. VP, CFO & Strategy 1974
Mr. Samuel L. Belcher Sr. VP of Operations 1968
Mr. Hyun Park Sr. VP & Chief Legal Officer 1961
Mr. Jason J. Lisowski VP, Controller & Chief Accounting Officer 1981
Mr. Ernest N. Maley VP & Chief Information Officer NA
Ms. Irene M. Prezelj VP of Investor Relations & Communications 1967
Mr. Antonio Fernandez VP and Chief Ethics & Compliance Officer NA
Ms. Gretchan Sekulich VP of Communications & Marketing NA
Ms. Christine L. Walker Sr. VP and Chief HR Officer & Corp. Services 1965

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