# FirstEnergy Corp. (FE) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Utilities / Electric Utilities. Price $46.77, market value $27.1 billion.

## Valuation
- **P/E (trailing): 25.0×** (5-yr avg 26.0×, 3-yr avg 21.4×). FirstEnergy Corp. trades at 25.0× trailing earnings, close to its own five-year average of 26.0×. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 15.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 4.49**. A PEG of 4.49 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 1.7×**. Each dollar of revenue is priced at 1.7×.
- **Price / book: 2.1×**. The shares trade at 2.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -7.3%** (5-yr avg -3.7%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 4.0%**. The inverse of the P/E: 4.0% of the price is earned each year.

## Profitability
- **Operating margin: 13.2%**. 13.2% of revenue is left after running the business.
- **Net margin: 6.8%**. 6.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.2%**. 8.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 12.5%**. Return on all capital, debt included, is 12.5%.
- **Return on assets: 1.9%**. Each dollar of assets produces 1.9% of profit.

## Growth
- **Revenue growth (1 yr): 12.0%** (3-yr 6.6%/yr, 5-yr 7.1%/yr). Revenue grew 12.0% over the last year, against 7.1% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 3.5%** (3-yr 35.3%/yr, 5-yr -2.4%/yr). Earnings per share rose 3.5%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.06**. Debt is 0.06 times equity: a conservative balance sheet.
- **Altman Z-score: 1.10**. A Z-score of 1.10 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.98%** ($1.80 per share, trailing). FirstEnergy Corp. yields 3.98%, an income-level yield.
- **Payout ratio: 100%**. 100% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 11**. 11 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 2.4%/yr** (1-yr 4.5%). The dividend has grown 2.4% a year over five years.

## Analyst view
- **Analyst consensus: buy** (12 analysts). 12 analysts cover FirstEnergy Corp.; the consensus is buy, with an average price target of $53.17 (+14% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 10.8%** (YTD 6.6%, 3-mo 0.8%). The shares are up 10.8% over twelve months including dividends.
- **From 52-week high: -10.6%** (9.1% above the low). Trading 11% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 48**. An RSI of 48 is neutral.
- **Beta (1 yr): -0.07** (volatility 16%). Beta of -0.07 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FE · Page: https://foliofundamentals.com/stocks/fe

Not investment advice.