FirstEnergy Corp. (FE)

From the record

FirstEnergy Corp.'s filings since 2017 show 4 warning events of 3 kinds: a bankruptcy or receivership notice (8-K item 1.03, the latest 2018-04-05); a notice about its exchange listing (8-K item 3.01, the latest 2020-11-18); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2020-11-09) (its current reports).

From the record

FirstEnergy Corp.'s 10 filed years say what it did: revenue went from $11 billion in fiscal 2016 to $15 billion in fiscal 2025, up 3.9% a year; it rose in 7 of 9 years; the deepest fall was 4% from fiscal 2018 to fiscal 2020; net income was positive in 8 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, FirstEnergy Corp.'s diluted share count grew about 0.3% a year, and dividends and buybacks returned about 36% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales and 0 purchases of their own stock on the open market in the year to 2026-10-05 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, FirstEnergy Corp. earned about 8 cents of profit for every dollar of shareholders' money. Leverage: it owed about 78 cents per dollar of assets, and net share issuance: its share count grew 0.2% over the year (the filed statements).

From the record

FirstEnergy Corp.'s standing among 52 graded names in its industry family: revenue of $15 billion in fiscal 2025 ranks in the top 22% by size; a net margin of 6.8% ranks in the bottom 36%; revenue growth of 6.6% a year over the last 3 filed years ranks in the top 36% (its annual reports).

From the record

FirstEnergy Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Tierney, Brian X (Chairman, President and CEO, as filed), filing under that title since 2023-06-05, 3.4 years (bottom 45% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 5.6 years (top 48%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 32%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

FirstEnergy Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $57 million against debt of $26 billion leaves -45.5% of its assets as net cash, bottom 8% of its family; cash from operations less capital spending is -6.7% of revenue (bottom 37%) (its annual report).

From the record

FirstEnergy Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 6.6% a year over the last three filed years against 3.9% over all 10, speeding up (top 23% of its family); the newest year grew 12% (top 25%); capital spending grew 18.2% a year (top 41%) (its annual reports). FirstEnergy Corp. reported 3 product lines in fiscal 2025: Electricity Us Regulated at $12 billion (81%), Electric Transmission at $2.3 billion (15%), Electric Worldwide Unregulated Revenue at $590 million (4%); 3 of 3 grew against the year before (its annual report).

From the record

FirstEnergy Corp.'s newest year against its own record: revenue of $15 billion in fiscal 2025 came in 7.7% above the $14 billion its prior three years' pace pointed to (top 35% of its family); net income of $1.0 billion against a prior three-year average of $829 million (top 42%); a net margin of 6.8% against 6.4% before (bottom 46%) (its annual reports).