FIRSTENERGY CORP (FE) Stock Fundamental Analysis

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

47.34 USD
+0.01 (+0.02%)
At close: Jan 30, 2026
47.4999 USD
+0.16 (+0.34%)
After Hours: 1/30/2026, 8:04:00 PM
Fundamental Rating

3

Overall FE gets a fundamental rating of 3 out of 10. We evaluated FE against 46 industry peers in the Electric Utilities industry. While FE is still in line with the averages on profitability rating, there are concerns on its financial health. FE is valied quite expensively at the moment, while it does show a decent growth rate. 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.
  • In the past 5 years FE has always been profitable.
  • FE had a positive operating cash flow in each of the past 5 years.
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's Return On Assets of 2.38% is on the low side compared to the rest of the industry. FE is outperformed by 73.91% of its industry peers.
  • FE has a Return On Equity (10.39%) which is in line with its industry peers.
  • 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

  • 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.
  • In the last couple of years the Profit Margin of FE has declined.
  • The Operating Margin of FE (19.35%) is comparable to the rest of the industry.
  • FE's Operating Margin has declined in the last couple of years.
  • 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

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.
  • Compared to 1 year ago, FE has more shares outstanding
  • 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.
  • FE has a Altman-Z score (0.78) which is in line with its industry peers.
  • FE has a Debt/Equity ratio of 2.02. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 2.02, FE is doing worse than 86.96% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 2.02
Debt/FCF N/A
Altman-Z 0.78
ROIC/WACC0.69
WACC6.3%
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

  • A Current Ratio of 0.75 indicates that FE may have some problems paying its short term obligations.
  • FE has a worse Current ratio (0.75) 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.
  • Looking at the Quick ratio, with a value of 0.64, FE is in line with its industry, outperforming 50.00% of the companies in the same industry.
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

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.
  • The Revenue has been growing slightly by 7.64% in the past year.
  • The Revenue has been growing slightly by 4.07% on average over the past years.
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

  • FE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.86% yearly.
  • 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

  • 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.
  • 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

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 17.60, FE is valued on the expensive side.
  • FE's Price/Earnings is on the same level as the industry average.
  • FE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.30.
  • Based on the Price/Forward Earnings ratio of 16.90, the valuation of FE can be described as correct.
  • The rest of the industry has a similar Price/Forward Earnings ratio as FE.
  • The average S&P500 Price/Forward Earnings ratio is at 25.57. FE is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 17.6
Fwd PE 16.9
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FE is on the same level as its industry peers.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 11.91
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)57.33
EPS Next 2Y3.2%
EPS Next 3Y4.74%

More info and screens

7

5. Dividend

5.1 Amount

  • FE has a Yearly Dividend Yield of 3.78%.
  • FE's Dividend Yield is a higher than the industry average which is at 2.89.
  • Compared to an average S&P500 Dividend Yield of 1.83, FE pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.78%

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

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%.