FirstEnergy Financials

FE Stock  USD 42.05  0.26  0.62%   
Based on the key measurements obtained from FirstEnergy's financial statements, FirstEnergy may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, FirstEnergy's Inventory is projected to decrease significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 452.6 M, whereas Short and Long Term Debt Total is forecasted to decline to about 17.9 B. Key indicators impacting FirstEnergy's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.632.3867
Way Down
Slightly volatile
Current Ratio0.450.4768
Notably Down
Very volatile
The financial analysis of FirstEnergy is a critical element in measuring its lifeblood. Investors should not minimize FirstEnergy's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

174.8 Million

  
Understanding current and past FirstEnergy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of FirstEnergy's financial statements are interrelated, with each one affecting the others. For example, an increase in FirstEnergy's assets may result in an increase in income on the income statement.
Please note, the presentation of FirstEnergy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, FirstEnergy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of FirstEnergy's management manipulating its earnings.

FirstEnergy Stock Summary

FirstEnergy competes with CenterPoint Energy, Pinnacle West, Edison International, Public Service, and American Electric. FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio. FirstEnergy Corp operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 12395 people.
Specialization
Utilities, Utilities - Regulated Electric
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS3379321074
CUSIP337932107 677347106
LocationOhio; U.S.A
Business Address76 South Main
SectorElectric Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.firstenergycorp.com
Phone800 736 3402
CurrencyUSD - US Dollar

FirstEnergy Key Financial Ratios

FirstEnergy Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets42.3B44.5B45.4B46.1B48.8B41.1B
Other Current Liab1.4B1.1B1.2B1.3B1.1B886.7M
Net Debt20.4B22.7B22.4B21.5B24.8B17.5B
Retained Earnings(4.0B)(2.9B)(1.6B)(1.2B)(97M)(92.2M)
Accounts Payable1.0B827M943M1.5B1.4B1.2B
Cash627M1.7B1.5B160M137M130.2M
Net Receivables1.3B1.4B1.3B1.6B1.6B1.5B
Inventory281M317M260M421M512M543.4M
Other Current Assets157M224M236M263M335M452.6M
Total Liab35.3B37.2B36.8B35.5B37.9B31.9B
Total Current Assets2.4B3.7B3.2B2.4B2.6B2.9B
Short Term Debt1.4B2.4B1.6B499M2.0B2.6B
Other Liab10.6B9.8B10.1B10.1B11.6B9.3B
Other Assets1.9B1.1B1.2B906M815.4M774.6M
Long Term Debt49M30M22.2B21.2B22.9B24.0B
Intangible Assets5.7B93M80M73M65.7M62.4M

FirstEnergy Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense1.1B962M988M1.1B1.0B605.9M
Total Revenue11.0B10.8B11.1B12.5B12.9B12.9B
Gross Profit7.6B7.7B7.7B7.9B8.2B8.2B
Operating Income2.5B2.2B2.7B2.6B2.3B1.2B
Ebit2.5B2.2B2.7B2.4B2.5B2.1B
Ebitda3.3B3.4B4.2B3.5B3.7B3.6B
Cost Of Revenue3.4B3.1B3.4B4.6B4.6B4.8B
Income Before Tax1.1B1.1B1.6B1.4B1.5B1.5B
Net Income912M1.1B1.3B406M1.1B1.2B
Income Tax Expense213M126M320M1B267M271.6M
Extraordinary Items(2.6B)302M8M76M44M0.0
Tax Provision213M126M320M1B267M280.4M
Interest Income962M988M1.1B787M708.3M774M
Net Interest Income(962M)(988M)(1.1B)(955M)(1.0B)(1.1B)

FirstEnergy Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(37M)(32M)57M(161M)(91M)(86.5M)
Change In Cash250M1.1B(290M)(1.3B)(27M)(25.7M)
Free Cash Flow(198M)(1.2B)366M(73M)(2.0B)(1.9B)
Other Non Cash Items(555M)(1.0B)247M(266M)(926M)(879.7M)
Dividends Paid820M845M849M891M906M692.4M
Capital Expenditures2.7B2.7B2.4B2.8B3.4B2.2B
Net Income912M1.1B1.3B439M1.2B1.2B
End Period Cash Flow679M1.8B1.5B206M179M170.1M
Change To Netincome(390M)(69M)388M716M823.4M889.2M
Depreciation1.2B1.2B1.6B1.3B1.3B1.5B
Investments(38M)(22M)(11M)(3.1B)(3.5B)(3.4B)
Change Receivables271M(129M)160M(292M)(262.8M)(249.7M)
Net Borrowings1.5B3.5B(632M)(2.2B)(2.0B)(1.9B)

FirstEnergy Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining FirstEnergy's current stock value. Our valuation model uses many indicators to compare FirstEnergy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FirstEnergy competition to find correlations between indicators driving FirstEnergy's intrinsic value. More Info.
FirstEnergy is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.33  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for FirstEnergy is roughly  3.07 . At present, FirstEnergy's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value FirstEnergy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

FirstEnergy Systematic Risk

FirstEnergy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FirstEnergy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on FirstEnergy correlated with the market. If Beta is less than 0 FirstEnergy generally moves in the opposite direction as compared to the market. If FirstEnergy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FirstEnergy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FirstEnergy is generally in the same direction as the market. If Beta > 1 FirstEnergy moves generally in the same direction as, but more than the movement of the benchmark.

FirstEnergy Thematic Clasifications

FirstEnergy is part of Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
UtilitiesView
This theme covers USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in FirstEnergy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various FirstEnergy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of FirstEnergy growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.12

At present, FirstEnergy's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

FirstEnergy November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of FirstEnergy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FirstEnergy. We use our internally-developed statistical techniques to arrive at the intrinsic value of FirstEnergy based on widely used predictive technical indicators. In general, we focus on analyzing FirstEnergy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FirstEnergy's daily price indicators and compare them against related drivers.

Complementary Tools for FirstEnergy Stock analysis

When running FirstEnergy's price analysis, check to measure FirstEnergy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstEnergy is operating at the current time. Most of FirstEnergy's value examination focuses on studying past and present price action to predict the probability of FirstEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstEnergy's price. Additionally, you may evaluate how the addition of FirstEnergy to your portfolios can decrease your overall portfolio volatility.
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