FirstEnergy Past Earnings Performance

Past criteria checks 2/6

FirstEnergy has been growing earnings at an average annual rate of 4.2%, while the Electric Utilities industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 2.8% per year. FirstEnergy's return on equity is 5.7%, and it has net margins of 4.3%.

Key information

4.2%

Earnings growth rate

2.7%

EPS growth rate

Electric Utilities Industry Growth7.3%
Revenue growth rate2.8%
Return on equity5.7%
Net Margin4.3%
Next Earnings Update08 Feb 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

BMV:FE * Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2312,7105451470
30 Jun 2312,698458910
31 Mar 2312,510410820
31 Dec 2212,26840610
30 Sep 2211,7531,239-2790
30 Jun 2211,4021,321-2900
31 Mar 2211,2061,192-2990
31 Dec 2110,9431,239-3110
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
30 Sep 1314,273806090
30 Jun 1314,2872936090
31 Mar 1314,5186406090

Quality Earnings: FE * has high quality earnings.

Growing Profit Margin: FE *'s current net profit margins (4.3%) are lower than last year (10.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FE * has become profitable over the past 5 years, growing earnings by 4.2% per year.

Accelerating Growth: FE *'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FE * had negative earnings growth (-56%) over the past year, making it difficult to compare to the Electric Utilities industry average (3.7%).


Return on Equity

High ROE: FE *'s Return on Equity (5.7%) 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 Analysis2024/01/17 19:39
End of Day Share Price 2023/10/20 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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. 9 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