FirstEnergy financials
$43.64+1.44%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.09B | $13.47B | $12.87B | $12.46B | $11.13B | $10.79B | $11.04B | $11.26B | $10.93B | $10.70B |
| Gross profit | $10.51B | $9.56B | $8.76B | $8.60B | $8.17B | $8.09B | $11.04B | $11.26B | $10.93B | $10.70B |
| Gross margin | 69.6% | 71.0% | 68.1% | 69.0% | 73.4% | 75.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $2.21B | $2.38B | $2.27B | $1.91B | $1.62B | $2.16B | $2.51B | $2.50B | $2.43B | $2.05B |
| Net income | $1.02B | $978.0M | $1.10B | $406.0M | $1.28B | $1.08B | $908.0M | $981.0M | -$1.72B | -$6.18B |
| Net margin | 6.8% | 7.3% | 8.6% | 3.3% | 11.5% | 10.0% | 8.2% | 8.7% | −15.8% | −57.7% |
| Diluted EPS | $1.76 | $1.70 | $1.92 | $0.71 | $2.35 | $1.99 | $1.68 | $1.99 | $-3.88 | $-14.49 |
| EBITDA | $4.44B | $3.94B | $3.54B | $1.91B | $3.51B | $3.36B | $3.73B | $3.89B | $4.13B | $4.07B |
| Operating cash flow | $3.70B | $2.89B | $1.39B | $2.68B | $2.58B | $1.42B | $2.47B | $1.41B | $3.64B | $3.38B |
| Free cash flow | -$1.38B | -$1.44B | -$2.24B | -$378.0M | $98.0M | -$1.23B | -$198.0M | -$1.26B | $795.0M | $316.0M |
| Diluted shares | 578.0M | 577.0M | 574.0M | 572.0M | 546.0M | 543.0M | 542.0M | 494.0M | 444.0M | 426.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $57.0M | $111.0M | $137.0M | $160.0M | $1.46B | $1.73B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $26.93B | $24.29B | $25.20B | $21.91B | $24.14B | $24.76B |
| Total assets | $55.90B | $52.04B | $48.77B | $46.11B | $45.43B | $44.46B |
| Total liabilities | $41.98B | $38.32B | $37.85B | $35.47B | $36.76B | $37.23B |
| Shareholders' equity | $13.93B | $13.72B | $10.92B | $10.64B | $8.68B | $7.24B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology