FirstEnergy Corporation (FE · NYSE)
FE · MARKET VIEW
Market view · as of Sep 14, 2026
Revenue (TTM)
$15.64B
+8.8% YoY
Gross margin
68.6%
EPS (latest q)
$0.50
vs $0.49 est · beat
52-wk position
49.9%
-9.3% vs 52w high · -1.5% 1mo
Price (last ~year)
FirstEnergy Corporation is addressing recent service reliability concerns with an apology and a proposed $52.8 million rate increase in Maryland to fund infrastructure modernization. The utility reported $3.68 billion in revenue and $289 million in net income for the quarter ending June 30, 2026, while maintaining a 5.3x debt-to-EBITDA ratio against $28.98 billion in total debt. Shares are currently trading at $46.13, with year-over-year revenue and earnings growth of 8.8% and 8.3%, respectively.
Valuation
- Market cap
- $26.69B
- P/E
- 24.67
- PEG
- 1.533
- P/B
- 2.064
- P/S
- 1.706
- EV/EBITDA
- 12.56
- Beta
- 0.441
- Analyst target
- $53.17
Quality & returns
- Gross margin
- 68.6%
- Operating margin
- 19.3%
- Profit margin
- 6.9%
- ROE
- 9.5%
- ROA
- 3.7%
Price movement
- Last
- $46.13
- 1-month
- -1.5%
- 3-month
- -2.3%
- RSI (14)
- 52
- vs SMA200
- -1.3%
- 52-wk position
- 49.9% -9.3% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $3.68B | $677.0M | $289.0M | $1.27B |
| 2026-03-31 | $4.20B | $828.0M | $405.0M | $1.30B |
| 2025-12-31 | $3.80B | $603.0M | $-49.0M | $820.0M |
| 2025-09-30 | $4.15B | $830.0M | $441.0M | $1.29B |
Recent news
- Somewhat-Bearish First energy apologizes for outages and outlines plans to improve reliability · 2026-09-11
- Neutral FirstEnergy (FE) Seeks a $52.8M Maryland Rate Increase. Can Reliability Pass the Affordability Test? · 2026-09-10
- Somewhat-Bullish National Grid NY wins two EEI emergency response awards · 2026-09-10
- Somewhat-Bullish Forget NVDA: Peter Thiel's New $419 Million Portfolio Bets Big on the Power Behind AI · 2026-09-10
- Somewhat-Bullish Potomac Edison Proposes Rate Adjustment to Support Electric System Reliability · 2026-09-08
- Somewhat-Bullish FirstEnergy Foundation Grants Expected to Help Provide 3.6 Million Meals Across Pennsylvania · 2026-09-08
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)