FirstEnergy Past Earnings Performance

Past criteria checks 4/6

FirstEnergy's earnings have been declining at an average annual rate of -1.8%, while the Electric Utilities industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 5% per year. FirstEnergy's return on equity is 7.5%, and it has net margins of 6.7%.

Key information

-1.8%

Earnings growth rate

-3.6%

EPS growth rate

Electric Utilities Industry Growth7.3%
Revenue growth rate5.0%
Return on equity7.5%
Net Margin6.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How FirstEnergy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:FE7 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2413,2578922820
30 Jun 2413,0158942950
31 Mar 2412,7411,0842340
31 Dec 2312,6851,1232470
30 Sep 2312,710545-1340
30 Jun 2312,698458-2150
31 Mar 2312,510410-2240
31 Dec 2212,268406-3050
30 Sep 2211,7531,239-2790
30 Jun 2211,4021,321-2900
31 Mar 2211,2061,192-2990
31 Dec 2110,9431,239-9590
30 Sep 2110,8261,021-2000
30 Jun 2110,7241,065-840
31 Mar 2110,6241,3141280
31 Dec 2010,6071,0035370
30 Sep 2010,7356131,1460
30 Jun 2010,6765421,1460
31 Mar 2010,6705741,0490
31 Dec 1910,8449007230
30 Sep 1910,8741,2024030
30 Jun 1910,9751,1593330
31 Mar 1911,0849632630
31 Dec 1811,0636551440
30 Sep 1811,337-530-1050
30 Jun 1811,081-575-280
31 Mar 1810,847-504920
31 Dec 1710,740-2891550
30 Sep 1711,233-5,0241700
30 Jun 1712,231-4,9451630
31 Mar 1713,149-6,2481130
31 Dec 1610,5045511080
30 Sep 1614,322-6072420
30 Jun 1614,530-5922420
31 Mar 1614,5906842420
31 Dec 1514,6105782420
30 Sep 1514,5494988350
30 Jun 1514,3184368350
31 Mar 1514,3463138350
31 Dec 1414,6292138350
30 Sep 1414,766661-2560
30 Jun 1414,898537-2560
31 Mar 1414,901305-2560
31 Dec 1314,434375-2560

Quality Earnings: FE7 has high quality earnings.

Growing Profit Margin: FE7's current net profit margins (6.7%) are higher than last year (4.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FE7's earnings have declined by 1.8% per year over the past 5 years.

Accelerating Growth: FE7's earnings growth over the past year (63.7%) exceeds its 5-year average (-1.8% per year).

Earnings vs Industry: FE7 earnings growth over the past year (63.7%) exceeded the Electric Utilities industry -10.9%.


Return on Equity

High ROE: FE7's Return on Equity (7.5%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 19:16
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FirstEnergy Corp. is covered by 38 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Nicholas CampanellaBarclays
Gregg OrrillBarclays