Is FirstEnergy (FE) overvalued or fairly valued?

MarketChacha shows FirstEnergy's valuation in context — a trailing P/E of about 18.5, a forward P/E of about 15.9, a price-to-book of about 2.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does FirstEnergy's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.57×) from reported figures — education, not a rating.

What is FirstEnergy's revenue?

FirstEnergy reported revenue of $15.1B for FY2025, with net profit of $1.0B, per official filings.

What is the share price of FirstEnergy (FE)?

FirstEnergy last traded at $46.92 (-0.3% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

FirstEnergy

FE · NYSE · Utilities · United States

Snapshot

TickerFE

ExchangeNYSE

SectorUtilities

IndustryUtilities - Regulated Electric

CountryUnited States

Employees11,186

HeadquartersAkron, United States

Websitewww.firstenergycorp.com

Filings tracked16

About FirstEnergy

FirstEnergy Corp., together with its subsidiaries, engages in the generation, distribution, and transmission of electricity in the United States. It operates through Distribution, Integrated, and Stand-Alone Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. The company operates 252,959 distribution line miles and 24,157 transmission line miles, including overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.

Who owns it

Insiders0.1%
Institutions95.6%
Public & other4.2%

1,238 institutional holders

Ownership breakdown from public market data.

Top holders

Capital World Investors13.45%
Blackrock Inc.8.60%
State Street Corporation7.02%
Vanguard Capital Management LLC6.03%
Blackstone Inc4.98%
Vanguard Portfolio Management LLC4.91%
Boston Partners3.19%
Geode Capital Management, LLC2.42%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.57×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend8.6% → 6.8%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 8% · PAT -4%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $4.1B · EPS 0.59

Est. earnings growth +11.4%

Next fiscal year

Rev $16.8B · EPS 2.95

Est. earnings growth +7.9%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$15.1B

Net margin

6.8%

ROE

8.2%

Revenue CAGR (2y)

+8.3%

Profit CAGR (2y)

-3.8%

EPS (FY2025)

1.76

Net profit (FY2025)

$1.0B

Ask MarketChacha about FE

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$15.1B	$1.0B	1.76	6.8%	8.2%
FY2024	$13.5B	$978.0M	1.70	7.3%	7.9%
FY2023	$12.9B	$1.1B	1.92	8.6%	10.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$4.2B	$405.0M	0.70	9.6%
2025Q3	$4.1B	$441.0M	0.76	10.6%
2025Q2	$3.4B	$268.0M	0.46	7.9%
2025Q1	$3.8B	$360.0M	0.62	9.6%
2024Q3	$3.7B	$419.0M	0.73	11.2%
2024Q2	$3.3B	$45.0M	0.08	1.4%
2024Q1	$3.3B	$253.0M	0.44	7.7%
2023Q3	$3.5B	$400.0M	0.69	11.5%
2023Q2	$3.0B	$235.0M	0.41	7.8%
2023Q1	$3.2B	$292.0M	0.51	9.0%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/28/2026material
10-Q filing
SEC7/28/2026
8-K — Reg FD disclosure, Exhibits
SEC6/1/2026material
8-K — Material agreement, Shareholder vote results, Exhibits
SEC5/20/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/28/2026material
10-Q filing
SEC4/28/2026
10-K filing
SEC2/18/2026
8-K — Results of operations, Reg FD disclosure
SEC2/17/2026material
8-K — Executive/director change
SEC2/12/2026material

2025

8-K — Reg FD disclosure, Exhibits
SEC12/9/2025material
8-K — Reg FD disclosure, Exhibits
SEC11/20/2025material
10-Q filing
SEC10/28/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/22/2025material
8-K — Executive/director change, Exhibits
SEC9/29/2025material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/30/2025material
10-Q filing
SEC7/30/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.