FE
FirstEnergy
$47.45
▲ 1.5%Updated Today 5:06 AM ET
▲ Up 16.9% over the last 12 months
Market Cap
$27.45B
P/E
25.8x
Forward P/E (est.)
26.32x
ROE
8.4%
Revenue Growth
8.9%
EPS Growth
-2.0%
Profit Margin
7.2%
FCF Yield
7.5%
Debt / Equity
2.12x
ROIC
14.0%
Interest Coverage
1.96x
Current Ratio
0.52x
Dividend Yield
3.9%
Implied Growth (rev. DCF)
—
Rating Score
38/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what FE's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. FE trades near $47.45, above its 50-day average ($46.90) and 200-day average ($46.96). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 66 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. FE's is $0.95 (~2.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month FE found buyers near $45.09 (support) and sellers near $48.10 (resistance); its 52-week range is $39.34–$52.34. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.8× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
FirstEnergy (FE) is a large-cap company in the Electric Utilities industry, part of the Utilities sector of the S&P 500, with a market value around $27.45B.
In its latest reported year it generated about $15.09B in revenue and $1.02B in net profit.
Our model rates FE Weak (38/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
7.9%
Revenue moved from $11.13B in 2021 to $15.09B in 2025, a 7.9% compound annual growth rate. The most recent year grew a steady 8.9% year over year. Slower, mature growth is common for established businesses.
Gross Margin
60.8%
Operating Margin
14.6%
Net Margin
6.8%
ROE
8.4%
FirstEnergy keeps about 7.2% of each sales dollar as net profit, with a 60.8% gross margin and 14.6% operating margin. Return on equity is 8.4% and return on invested capital about 14.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$723.00M
Net Debt
$671.00M
Net Debt / EBITDA
0.3x
Debt / Equity
2.12x
Leverage: debt-to-equity is 2.1x, and operating profit covers interest about 2.0x, with a current ratio of 0.5x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $723.00M of total debt against $52.00M of cash.
Operating CF
$3.70B
Free Cash Flow
-$1.00B
FCF Margin
-6.7%
In the latest year FirstEnergy produced about $3.70B of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about 7.5% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
25.8x
P/S
1.91x
P/B
2.06x
EV / EBITDA
7.82x
FE trades at 25.8x trailing earnings (about 26.3x on estimated forward earnings), 1.9x sales, and 2.1x book value. That is a premium multiple that needs growth to justify it.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How FE stacks up against its Utilities peers — valuation, profitability, and growth versus the sector median.
In the Utilities sector (31 S&P 500 companies), FE ranks #28 of 31 by our overall rating. It trades at a premium versus the sector on earnings (25.8x P/E vs. 22.2x median) with a lower return on equity (8.4% vs. 10.4%) and slower revenue growth (8.9% vs. 9.0%).
P/E vs sector
25.8x
median 22.2x
ROE vs sector
8.4%
median 10.4%
Growth vs sector
8.9%
median 9.0%
Sector rank
#28
of 31 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Utilities companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$44.96 – $73.05
vs. $47.45 today · expected CAGR -1% – 9%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $16.45B | $17.93B | $19.54B | $21.30B | $23.22B |
| Net income | $1.15B | $1.25B | $1.37B | $1.49B | $1.63B |
| EPS | $1.99 | $2.17 | $2.36 | $2.58 | $2.81 |
| Share price (low) | $31.85 | $34.71 | $37.84 | $41.24 | $44.96 |
| Share price (high) | $51.75 | $56.41 | $61.49 | $67.02 | $73.05 |
| CAGR (low–high) | -33% / 9% | -14% / 9% | -7% / 9% | -3% / 9% | -1% / 9% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for FE:
- Healthy free-cash-flow yield (~7.5%) funds buybacks and dividends.
- Pays a 3.9% dividend on top of any price gains.
The case against FE:
- Elevated leverage (debt/equity 2.1x) adds financial risk.
- Interest coverage is thin (2.0x), so debt costs bite.
- Our model's overall read is Weak (38/100).
Balance-sheet risk — debt/equity of 2.1x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen weakly: FirstEnergy is a large-cap utilities business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 25.8x earnings, which our model scores Weak (38/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
FE — frequently asked questions
Is FE a good stock to buy?
We don't give buy or sell advice. Our model rates FirstEnergy Weak (38/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is FE's rating on The Stocks School?
FirstEnergy currently scores 38/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does FE's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from FirstEnergy's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for FE calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this FE analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell FE. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.