FIRSTENERGY CORP (FE) Stock Fundamental Analysis

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

46.99 USD
+0.59 (+1.27%)
At close: Feb 5, 2026
47.02 USD
+0.03 (+0.06%)
After Hours: 2/5/2026, 8:24:11 PM
Fundamental Rating

3

FE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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. While showing a medium growth rate, FE is valued expensive at the moment. Finally FE also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • FE had positive earnings in the past year.
  • 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

  • Looking at the Return On Assets, with a value of 2.38%, FE is doing worse than 73.91% of the companies in the same industry.
  • The Return On Equity of FE (10.39%) is comparable to the rest of the industry.
  • FE has a Return On Invested Capital (4.34%) which is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for FE 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

  • Looking at the Profit Margin, with a value of 9.19%, FE is doing worse than 73.91% of the companies in the same industry.
  • In the last couple of years the Profit Margin of FE has declined.
  • With a Operating Margin value of 19.35%, FE perfoms like the industry average, outperforming 41.30% of the companies in the same industry.
  • In the last couple of years the Operating Margin of FE has declined.
  • FE has a better Gross Margin (70.32%) than 60.87% of its industry peers.
  • In the last couple of years the Gross Margin of FE has remained more or less at the same level.
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

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FE is destroying value.
  • The number of shares outstanding for FE has been increased compared to 1 year ago.
  • The number of shares outstanding for FE has been increased compared to 5 years ago.
  • Compared to 1 year ago, FE has an improved debt to assets ratio.
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

  • Based on the Altman-Z score of 0.78, we must say that FE is in the distress zone and has some risk of bankruptcy.
  • FE has a Altman-Z score (0.78) which is in line with its industry peers.
  • A Debt/Equity ratio of 2.02 is on the high side and indicates that FE has dependencies on debt financing.
  • With a Debt to Equity ratio value of 2.02, FE is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
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.
  • The Current ratio of FE (0.75) is worse than 67.39% of its industry peers.
  • FE has a Quick 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.
  • 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%.
  • The Earnings Per Share has been growing slightly by 0.31% on average over the past years.
  • FE shows a small growth in Revenue. In the last year, the Revenue has grown by 7.64%.
  • 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

  • The Earnings Per Share is expected to grow by 5.86% on average over the next years.
  • The Revenue is expected to grow by 3.92% on average over the next years.
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

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 17.47, which indicates a rather expensive current valuation of FE.
  • The rest of the industry has a similar Price/Earnings ratio as FE.
  • FE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.67.
  • With a Price/Forward Earnings ratio of 16.78, FE is valued correctly.
  • 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 17.47
Fwd PE 16.78
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)56.9
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

  • With a Yearly Dividend Yield of 3.76%, FE has a reasonable but not impressive dividend return.
  • 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 paid a dividend for at least 10 years, which is 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

  • 75.49% of the earnings are spent on dividend by FE. This is not a sustainable payout ratio.
  • The dividend of FE is growing, but earnings are growing more, so the dividend growth is 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 (2/5/2026, 8:24:11 PM)

After market: 47.02 +0.03 (+0.06%)

46.99

+0.59 (+1.27%)

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 Cap27.14B
Revenue(TTM)14.47B
Net Income(TTM)1.33B
Analysts76
Price Target50.72 (7.94%)
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 17.47
Fwd PE 16.78
P/S 1.88
P/FCF N/A
P/OCF 7.52
P/B 2.12
P/tB 3.78
EV/EBITDA 11.86
EPS(TTM)2.69
EY5.72%
EPS(NY)2.8
Fwd EY5.96%
FCF(TTM)-2.12
FCFYN/A
OCF(TTM)6.25
OCFY13.29%
SpS25.05
BVpS22.15
TBVpS12.43
PEG (NY)N/A
PEG (5Y)56.9
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%.