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FE - FirstEnergy Corp.

NYSE -> Utilities -> Utilities—Regulated Electric
Akron, United States
Type: Equity

FE price evolution
FE
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $179 $144 $214 $206
Short term investments
Net receivables $1584 $1573 $1461 $1516
Inventory $512 $481 $449 $457
Total current assets $2568 $2520 $2485 $2507
Long term investments $663 $626 $638 $632
Property, plant & equipment $38412 $37678 $37149 $36630
Goodwill & intangible assets $5618 $5618 $5618 $5618
Total noncurrent assets $46199 $44951 $44580 $43972
Total investments $663 $626 $638 $632
Total assets $48767 $47471 $47065 $46479
Current liabilities
Accounts payable $1362 $1262 $1200 $1238
Deferred revenue
Short long term debt $2025 $1572 $1352 $602
Total current liabilities $5386 $4796 $4149 $3700
Long term debt $22885 $22882 $22656 $22124
Total noncurrent liabilities $32465 $31730 $31945 $32048
Total debt $24910 $24454 $24008 $22726
Total liabilities $37851 $36526 $36094 $35748
Shareholders' equity
Retained earnings -$97 -$272 -$672 -$907
Other shareholder equity -$17 -$16 -$15 -$15
Total shareholder equity $10437 $10474 $10510 $10253
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $179 $206 $1511 $1801
Short term investments
Net receivables $1584 $1571 $1279 $1439
Inventory $512 $421 $260 $317
Total current assets $2568 $2415 $3237 $3714
Long term investments $663 $622 $655 $322
Property, plant & equipment $38412 $36547 $34744 $33339
Goodwill & intangible assets $5618 $5618 $5618 $5618
Total noncurrent assets $46199 $43693 $42195 $40750
Total investments $663 $622 $655
Total assets $48767 $46108 $45432 $44464
Current liabilities
Accounts payable $1362 $1503 $943 $827
Deferred revenue
Short long term debt $2025 $451 $1606 $2346
Total current liabilities $5386 $3958 $4416 $5004
Long term debt $22885 $21203 $22248 $22131
Total noncurrent liabilities $32465 $31507 $32341 $32223
Total debt $24910 $21654 $23854 $24477
Total liabilities $37851 $35942 $36757 $37227
Shareholders' equity
Retained earnings -$97 -$1199 -$1605 -$2888
Other shareholder equity -$17 -$14 -$15 -$5
Total shareholder equity $10437 $10166 $8675 $7237
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $3487 $3006 $3231
Cost of revenue $2288 $1919 $2103
Gross Profit $1199 $1087 $1128
Operating activities
Research & development
Selling, general & administrative
Total operating expenses $226 $328 $281
Operating income $973 $759 $847
Income from continuing operations
EBIT $1025 $863 $941
Income tax expense $336 $352 $386
Interest expense $289 $276 $263
Net income
Net income $400 $235 $292
Income (for common shares) $400 $235 $292
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $12870 $12459 $11132 $10790
Cost of revenue $8240 $8410 $6641 $6361
Gross Profit $4630 $4049 $4491 $4429
Operating activities
Research & development
Selling, general & administrative
Total operating expenses $1200 $1010 $1692 $1274
Operating income $3430 $3039 $2799 $3155
Income from continuing operations
EBIT $3657 $3574 $3817 $3316
Income tax expense $1431 $2129 $1393 $1172
Interest expense $1124 $1039 $1141 $1065
Net income
Net income $1102 $406 $1283 $1079
Income (for common shares) $1102 $406 $1283 $1079
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $175 $400 $235 $292
Operating activities
Depreciation $387 $236 $370 $287
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $958 $642 -$101 -$112
Investing activities
Capital expenditures -$1090 -$848 -$769 -$649
Investments -$3 -$3 -$3 -$3
Total cash flows from investing -$1179 -$926 -$831 -$716
Financing activities
Dividends paid -$236 -$223 -$224 -$223
Sale and purchase of stock
Net borrowings $505 $448 $1256 $1079
Total cash flows from financing $256 $214 $940 $828
Effect of exchange rate
Change in cash and equivalents $35 -$70 $8
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $1102 $406 $1283 $1079
Operating activities
Depreciation $1280 $1317 $1601 $1199
Business acquisitions & disposals $155
Stock-based compensation
Total cash flows from operations $1387 $2683 $2811 $1423
Investing activities
Capital expenditures -$3356 -$2756 -$2445 -$2657
Investments -$12 -$11 -$11 -$22
Total cash flows from investing -$3652 -$3076 -$2559 -$2908
Financing activities
Dividends paid -$906 -$891 -$849 -$845
Sale and purchase of stock $1000
Net borrowings $3288 -$2356 -$632 $3511
Total cash flows from financing $2238 -$912 -$542 $2607
Effect of exchange rate
Change in cash and equivalents -$27 -$1305 -$290 $1122
Fundamentals
Market cap $22.18B
Enterprise value $46.91B
Shares outstanding 574.34M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 2.12
Book/Share 18.20
Cash/Share 0.31
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 3.63
Net debt/EBITDA N/A
Current ratio 0.48
Quick ratio 0.38