FirstEnergy Corp. (FE) AI Stock Analysis

FirstEnergy Corp. provides electricity generation, transmission, and distribution through two primary segments: Regulated Distribution and Regulated Transmission. Its power generation portfolio spans coal-fired, nuclear, hydroelectric, natural gas, wind, and solar assets. The company operates 24,074 circuit miles of electric transmission lines and an electric distribution system covering 273,295 miles of overhead pole lines and underground conduits. FirstEnergy serves approximately 6 million customers across Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. Headquartered in Akron, Ohio, the company focuses on grid modernization and cleaner energy integration.

FirstEnergy expanded annual revenue from $11.13B in FY2021 to $15.09B in FY2025, delivering a 5-year revenue CAGR of 6.9%. Revenue grew 12.0% in FY2025, up from 4.7% in FY2024 and 3.3% in FY2023. Gross margin stood at 54.8% in FY2025, down from 67.5% in FY2024, while operating margin rose to 18.8%. Net income reached $1.02B in FY2025 with diluted EPS of $2.54, compared to $978.0M and $2.63 in FY2024. For the latest quarter ended June 30, 2026, quarterly revenue grew 8.8% year-over-year, and quarterly earnings grew 8.3%. Trailing twelve months revenue totaled $15.64B with an operating margin of 19.3%.

As of June 30, 2026, FirstEnergy held $63.0M in cash and short-term investments against total debt of $28.98B, resulting in net debt of $28.92B. The company maintains a debt-to-equity ratio of 2.24 and a current ratio of 0.54 with shareholders' equity of $12.94B. Operating cash flow improved to $3.70B in FY2025. However, capital expenditures of $4.71B led to negative free cash flow of -$1.00B. In FY2025, the company paid $1.02B in dividends, while share count expanded 5.5% over 5 years.

At $46.19 per share, FirstEnergy has a market cap of $26.73B and an enterprise value of $54.18B. Its trailing P/E of 24.6x sits above the 20.9x median of its S&P 500 Utilities peers, but its forward P/E of 14.7x is lower than the peer median of 16.0x. FirstEnergy trades at an EV/EBITDA of 12.2x, matching the peer group median. Over the trailing 12 months, the stock returned 2.7%, lagging the 16.8% return of the S&P 500. Over 5 years, it gained 54.6% compared to 83.0% for the S&P 500.

FirstEnergy pays a forward annual dividend of $1.86 per share, yielding 4.03% on a quarterly schedule. The payout ratio stands at 71.6%. The company has paid consecutive dividends for 29 years and generated a 5-year annualized dividend growth rate of 2.4%. Its last ex-dividend date was November 6, 2026.

Wall Street analysts hold 5 Strong Buy, 4 Buy, and 7 Hold ratings on the stock, with 0 Sell or Strong Sell recommendations. The mean price target of $51.08 indicates 10.6% upside over the last close of $46.19. Consensus estimates project FY2026 revenue of $15.87B with EPS of $2.74, reflecting 7.4% earnings growth. Over the last four quarters, the company topped EPS estimates 2 times. The next earnings date is October 27, 2026.

This page is an AI-written research summary of FirstEnergy Corp. (FE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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