FIRSTENERGY CORP (FE) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:FE • US3379321074

46.505 USD
-0.03 (-0.08%)
Last: Feb 6, 2026, 03:24 PM
Fundamental Rating

3

Taking everything into account, FE scores 3 out of 10 in our fundamental rating. FE was compared to 46 industry peers in the Electric Utilities industry. There are concerns on the financial health of FE while its profitability can be described as average. FE is valied quite expensively at the moment, while it does show a decent growth rate. Finally FE also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year FE was profitable.
  • In the past year FE had a positive cash flow from operations.
  • FE had positive earnings in each of the past 5 years.
  • Each year in the past 5 years FE had a positive operating cash flow.
FE Yearly Net Income VS EBIT VS OCF VS FCFFE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B -4B -6B

1.2 Ratios

  • FE has a Return On Assets of 2.38%. This is in the lower half of the industry: FE underperforms 73.91% of its industry peers.
  • With a Return On Equity value of 10.39%, FE perfoms like the industry average, outperforming 52.17% of the companies in the same industry.
  • FE has a Return On Invested Capital (4.34%) which is comparable to the rest of the industry.
  • FE had an Average Return On Invested Capital over the past 3 years of 3.82%. This is in line with the industry average of 4.57%.
  • The last Return On Invested Capital (4.34%) for FE is above the 3 year average (3.82%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.38%
ROE 10.39%
ROIC 4.34%
ROA(3y)1.67%
ROA(5y)2.05%
ROE(3y)7.47%
ROE(5y)10.42%
ROIC(3y)3.82%
ROIC(5y)3.73%
FE Yearly ROA, ROE, ROICFE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40 -60 -80

1.3 Margins

  • FE's Profit Margin of 9.19% is on the low side compared to the rest of the industry. FE is outperformed by 73.91% of its industry peers.
  • FE's Profit Margin has declined in the last couple of years.
  • FE's Operating Margin of 19.35% is in line compared to the rest of the industry. FE outperforms 41.30% of its industry peers.
  • FE's Operating Margin has declined in the last couple of years.
  • The Gross Margin of FE (70.32%) is better than 60.87% of its industry peers.
  • FE's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 19.35%
PM (TTM) 9.19%
GM 70.32%
OM growth 3Y6.67%
OM growth 5Y-4.97%
PM growth 3Y-14.28%
PM growth 5Y-2.47%
GM growth 3Y-1.11%
GM growth 5Y-0.69%
FE Yearly Profit, Operating, Gross MarginsFE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • FE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • FE has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for FE has been increased compared to 5 years ago.
  • FE has a better debt/assets ratio than last year.
FE Yearly Shares OutstandingFE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M
FE Yearly Total Debt VS Total AssetsFE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B 50B

2.2 Solvency

  • FE has an Altman-Z score of 0.78. This is a bad value and indicates that FE is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.78, FE is in line with its industry, outperforming 47.83% of the companies in the same industry.
  • A Debt/Equity ratio of 2.02 is on the high side and indicates that FE has dependencies on debt financing.
  • FE has a worse Debt to Equity ratio (2.02) than 86.96% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.02
Debt/FCF N/A
Altman-Z 0.78
ROIC/WACC0.69
WACC6.31%
FE Yearly LT Debt VS Equity VS FCFFE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B 20B

2.3 Liquidity

  • FE has a Current Ratio of 0.75. This is a bad value and indicates that FE is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.75, FE is not doing good in the industry: 67.39% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.64 indicates that FE may have some problems paying its short term obligations.
  • FE has a Quick ratio of 0.64. This is comparable to the rest of the industry: FE outperforms 50.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.75
Quick Ratio 0.64
FE Yearly Current Assets VS Current LiabilitesFE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • FE shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.26%.
  • Measured over the past 5 years, FE shows a small growth in Earnings Per Share. The EPS has been growing by 0.31% on average per year.
  • Looking at the last year, FE shows a small growth in Revenue. The Revenue has grown by 7.64% in the last year.
  • FE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.07% yearly.
EPS 1Y (TTM)4.26%
EPS 3Y0.25%
EPS 5Y0.31%
EPS Q2Q%-2.35%
Revenue 1Y (TTM)7.64%
Revenue growth 3Y6.57%
Revenue growth 5Y4.07%
Sales Q2Q%11.24%

3.2 Future

  • Based on estimates for the next years, FE will show a small growth in Earnings Per Share. The EPS will grow by 5.86% on average per year.
  • FE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.92% yearly.
EPS Next Y-0.29%
EPS Next 2Y3.2%
EPS Next 3Y4.74%
EPS Next 5Y5.86%
Revenue Next Year2%
Revenue Next 2Y2.76%
Revenue Next 3Y3.21%
Revenue Next 5Y3.92%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
FE Yearly Revenue VS EstimatesFE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B 15B
FE Yearly EPS VS EstimatesFE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 17.29 indicates a rather expensive valuation of FE.
  • The rest of the industry has a similar Price/Earnings ratio as FE.
  • When comparing the Price/Earnings ratio of FE to the average of the S&P500 Index (27.67), we can say FE is valued slightly cheaper.
  • The Price/Forward Earnings ratio is 16.60, which indicates a correct valuation of FE.
  • FE's Price/Forward Earnings is on the same level as the industry average.
  • FE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 27.20, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 17.29
Fwd PE 16.6
FE Price Earnings VS Forward Price EarningsFE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as FE.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 11.86
FE Per share dataFE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)56.31
EPS Next 2Y3.2%
EPS Next 3Y4.74%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • FE has a Yearly Dividend Yield of 3.76%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.90, FE pays a bit more dividend than its industry peers.
  • FE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.76%

5.2 History

  • The dividend of FE has a limited annual growth rate of 1.59%.
  • FE has been paying a dividend for at least 10 years, so it has a reliable track record.
  • FE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.59%
Div Incr Years2
Div Non Decr Years10
FE Yearly Dividends per shareFE Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • FE pays out 75.49% of its income as dividend. This is not a sustainable payout ratio.
  • FE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP75.49%
EPS Next 2Y3.2%
EPS Next 3Y4.74%
FE Yearly Income VS Free CF VS DividendFE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2B -4B -6B
FE Dividend Payout.FE Dividend Payout, showing the Payout Ratio.FE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

FIRSTENERGY CORP

NYSE:FE (2/6/2026, 3:24:10 PM)

46.505

-0.03 (-0.08%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)10-22
Earnings (Next)02-17
Inst Owners89.8%
Inst Owner Change-0.19%
Ins Owners0.13%
Ins Owner Change-0.3%
Market Cap26.86B
Revenue(TTM)14.47B
Net Income(TTM)1.33B
Analysts76
Price Target50.72 (9.06%)
Short Float %5.14%
Short Ratio6.17
Dividend
Industry RankSector Rank
Dividend Yield 3.76%
Yearly Dividend1.69
Dividend Growth(5Y)1.59%
DP75.49%
Div Incr Years2
Div Non Decr Years10
Ex-Date02-06
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.14%
Min EPS beat(2)3.93%
Max EPS beat(2)4.34%
EPS beat(4)3
Avg EPS beat(4)2.12%
Min EPS beat(4)-7.63%
Max EPS beat(4)7.84%
EPS beat(8)4
Avg EPS beat(8)-0.61%
EPS beat(12)6
Avg EPS beat(12)-1.32%
EPS beat(16)6
Avg EPS beat(16)-1.75%
Revenue beat(2)1
Avg Revenue beat(2)1%
Min Revenue beat(2)-1.63%
Max Revenue beat(2)3.62%
Revenue beat(4)2
Avg Revenue beat(4)-4.27%
Min Revenue beat(4)-24.16%
Max Revenue beat(4)5.11%
Revenue beat(8)2
Avg Revenue beat(8)-4.22%
Revenue beat(12)5
Avg Revenue beat(12)-0.27%
Revenue beat(16)8
Avg Revenue beat(16)0.25%
PT rev (1m)0.54%
PT rev (3m)0.04%
EPS NQ rev (1m)-2.31%
EPS NQ rev (3m)-6.2%
EPS NY rev (1m)0.01%
EPS NY rev (3m)0.43%
Revenue NQ rev (1m)-4.71%
Revenue NQ rev (3m)-2.81%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)1.1%
Valuation
Industry RankSector Rank
PE 17.29
Fwd PE 16.6
P/S 1.86
P/FCF N/A
P/OCF 7.45
P/B 2.1
P/tB 3.74
EV/EBITDA 11.86
EPS(TTM)2.69
EY5.78%
EPS(NY)2.8
Fwd EY6.02%
FCF(TTM)-2.12
FCFYN/A
OCF(TTM)6.25
OCFY13.43%
SpS25.05
BVpS22.15
TBVpS12.43
PEG (NY)N/A
PEG (5Y)56.31
Graham Number36.62
Profitability
Industry RankSector Rank
ROA 2.38%
ROE 10.39%
ROCE 5.57%
ROIC 4.34%
ROICexc 4.46%
ROICexgc 5.04%
OM 19.35%
PM (TTM) 9.19%
GM 70.32%
FCFM N/A
ROA(3y)1.67%
ROA(5y)2.05%
ROE(3y)7.47%
ROE(5y)10.42%
ROIC(3y)3.82%
ROIC(5y)3.73%
ROICexc(3y)3.84%
ROICexc(5y)3.79%
ROICexgc(3y)4.39%
ROICexgc(5y)4.37%
ROCE(3y)4.93%
ROCE(5y)4.84%
ROICexgc growth 3Y5.98%
ROICexgc growth 5Y-6.21%
ROICexc growth 3Y6.95%
ROICexc growth 5Y-5.5%
OM growth 3Y6.67%
OM growth 5Y-4.97%
PM growth 3Y-14.28%
PM growth 5Y-2.47%
GM growth 3Y-1.11%
GM growth 5Y-0.69%
F-Score5
Asset Turnover0.26
Health
Industry RankSector Rank
Debt/Equity 2.02
Debt/FCF N/A
Debt/EBITDA 5.78
Cap/Depr 290.97%
Cap/Sales 33.4%
Interest Coverage 250
Cash Conversion 80.88%
Profit Quality N/A
Current Ratio 0.75
Quick Ratio 0.64
Altman-Z 0.78
F-Score5
WACC6.31%
ROIC/WACC0.69
Cap/Depr(3y)241.74%
Cap/Depr(5y)219.91%
Cap/Sales(3y)26.04%
Cap/Sales(5y)24.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.26%
EPS 3Y0.25%
EPS 5Y0.31%
EPS Q2Q%-2.35%
EPS Next Y-0.29%
EPS Next 2Y3.2%
EPS Next 3Y4.74%
EPS Next 5Y5.86%
Revenue 1Y (TTM)7.64%
Revenue growth 3Y6.57%
Revenue growth 5Y4.07%
Sales Q2Q%11.24%
Revenue Next Year2%
Revenue Next 2Y2.76%
Revenue Next 3Y3.21%
Revenue Next 5Y3.92%
EBIT growth 1Y20.17%
EBIT growth 3Y13.67%
EBIT growth 5Y-1.1%
EBIT Next Year61%
EBIT Next 3Y24.72%
EBIT Next 5Y17.06%
FCF growth 1Y37.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y182.98%
OCF growth 3Y0.94%
OCF growth 5Y3.22%

FIRSTENERGY CORP / FE FAQ

Can you provide the ChartMill fundamental rating for FIRSTENERGY CORP?

ChartMill assigns a fundamental rating of 3 / 10 to FE.


What is the valuation status for FE stock?

ChartMill assigns a valuation rating of 2 / 10 to FIRSTENERGY CORP (FE). This can be considered as Overvalued.


How profitable is FIRSTENERGY CORP (FE) stock?

FIRSTENERGY CORP (FE) has a profitability rating of 4 / 10.


What is the financial health of FIRSTENERGY CORP (FE) stock?

The financial health rating of FIRSTENERGY CORP (FE) is 1 / 10.


Is the dividend of FIRSTENERGY CORP sustainable?

The dividend rating of FIRSTENERGY CORP (FE) is 7 / 10 and the dividend payout ratio is 75.49%.