Stock Analysis
FirstEnergy Corp.FE
P/E 24.63×· 5Y range 15.56–58.49×· 58th percentile of history
Sector: Utilities · Industry: Electric Services
AnalystsBuy24 analystsP/E 24.6× sits at the 58th percentile of its 5.086926762491444-year history.
Cash covers 0% of debt · Q2 2026.
PMP Verdict
Weak fundamentals
Risks
- Financial Health18
- Profitability35
Weak fundamentals — valuation is the only support.
What's happening with FE
Profile
moat, financial health, profitability, growth and valuation lag behind.
How is each axis scored?
- Valuation49/100 · Weak
- P/E vs own history (58th pct)12/25
- FCF yield (-7.3%)0/25
- P/S (1.7x)25/25
- EV/EBIT (24.1x)12/25
- Growth37/100 · Weak
- Revenue CAGR (7.9%)12/25
- Net income CAGR (-5.6%)0/25
- EPS CAGR 5Y (-6.9%)0/25
- Fwd implied growth (58.9%)25/25
- Profitability35/100 · Weak
- ROIC (4.2%)5/25
- ROE (7.5%)5/25
- Net margin (6.9%)13/25
- Operating margin (14.6%)12/25
- Financial Health18/100 · Weak
- Altman Z (0.54)3/25
- Current ratio (0.54)0/25
- Interest coverage (2.5x)10/25
- Net cash / debt (D/A 50%)5/25
- Quality52/100 · Moderate
- Piotroski F (6/9)15/25
- Beneish M (-2.54)25/25
- FCF conversion (-181%)0/25
- Margin stability (σ 12.4%)12/25
- Moat0/100 · Weak
- ROIC >12% years (0/10 yrs)0/25
- Median gross margin (16.6%)0/25
- FCF-positive years (3/10 yrs)0/25
- Worst-year net margin (worst -42.4%)0/25
Risk Flags
- ⚠Altman Z 0.5 — distress-zone balance sheet
- ⚠Negative FCF margin (-0.1%) — burning cash
- ⚠2 loss-making years in recent history
- ⚠Interest coverage 2.5× — thin debt cushion
About FirstEnergy Corp.
FirstEnergy is an investor-owned holding company with operations across five mid-Atlantic and Midwestern states. Show more
FirstEnergy also owns and operates one of the nation's largest electric transmission systems.
Headquarters: AKRON, OH · Employees: 11,186 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
49D+P/E (TTM)24.6xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 15.6x–58.5x · 58th pct
P/FCF155.0xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · CapEx exceeds operating cash flow (163% of OCF) — reported FCF understates normalized earning power in this investment phase
FCF Yield-7.3%D
Grade D: NegativeTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -10.5%–1.8% · 22nd pct · CapEx exceeds operating cash flow (163% of OCF) — reported FCF understates normalized earning power in this investment phase
P/S (TTM)1.69xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 1.5x–2.4x · 21st pct
EV/EBIT24.1xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 17.0x–28.7x · 77th pct
EV/Sales3.7xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E15.5xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.85xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio3.02D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield3.95%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio69.0%C
Grade C: HighDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
CapEx exceeds OCF: CapEx exceeds operating cash flow (163% of OCF) — reported FCF understates normalized earning power in this investment phase
Profitability
35DROIC4.2%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE7.5%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA1.9%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin6.9%C
Grade C: AverageNet Income / Revenue
Operating Margin14.6%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin14.6%D
Grade D: LowGross Profit / Revenue
FCF Margin-12.4%D
Grade D: LowFCF / Revenue · CapEx exceeds operating cash flow (163% of OCF) — reported FCF understates normalized earning power in this investment phase
True FCF Margin-12.4%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · CapEx exceeds operating cash flow (163% of OCF) — reported FCF understates normalized earning power in this investment phase
Growth
37DRevenue CAGR7.9%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-5.6%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-6.9%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth58.9%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+6.2%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
18EAltman Z-Score0.54D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.54xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.37xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage2.5xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF · CapEx exceeds operating cash flow (163% of OCF) — reported FCF understates normalized earning power in this investment phase
Net Debt/EBIT12.5xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity2.01xD
Grade D: HighDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.00xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
52CPiotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.54A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion-181.0%D
Grade D: PoorFCF / Net Income · CapEx exceeds operating cash flow (163% of OCF) — reported FCF understates normalized earning power in this investment phase
Margin Stability12.4%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue32.1%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.27xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
KALETA PAUL J Filed | KALETA PAUL J | Grant / award | +986 | |
Turner Leslie M Filed | Turner Leslie M | Grant / award | +986 | |
SOMERHALDER JOHN W II Filed | SOMERHALDER JOHN W II | Grant / award | +986 | |
ONEIL JAMES F Filed | ONEIL JAMES F | Grant / award | +986 | |
Hicks Lisa Winston Filed | Hicks Lisa Winston | Grant / award | +986 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
DEMETRIOU STEVEN J. Filed | DEMETRIOU STEVEN J. | Grant / award | +986 | |
Croom Jana T Filed | Croom Jana T | Grant / award | +986 | |
Turner Leslie M Filed | Turner Leslie M | Grant / award | +898 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
0EROIC >12% Years0/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)16.6%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years3/10 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-42.4%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$1.88
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$0.11
Cash & short-term investments per share (Finnhub)
Book Value / Share$22.35
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$28.98B
Total debt obligations (short + long term)
Cash & Equiv.$63.00M
Cash and short-term investments
Net Debt$28.92B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$14.43B
Shareholders' equity (book value)
Asset / Liability1.33xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$26.73B
Current Market Capitalization
Beta0.39B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: FirstEnergy Corp. (FE)
FE is up 1.41% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for FirstEnergy Corp.. Altman Z-Score of 0.54 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.54 suggests a low likelihood of earnings manipulation.
- Free-cash-flow margin is negative (-12%) — the business currently burns cash.
- Company has negative FCF, making debt repayment from operations difficult.
- FirstEnergy Corp. posted a net loss in 2 of 10 available completed fiscal years (2016–2025).
- The stock currently yields 3.9% in dividends.
See how FE ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all FE moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 6 | After-hours | 44.52 | +2.01% | 2.82 |
| Oct 5 | Pre-market | 43.92 | +1.34% | 2.19 |
| Sep 23 | Regular | 43.71 | -2.28% | -3.02 |
| Sep 23 | After-hours | 43.66 | -2.39% | -3.18 |
Frequently Asked Questions about FE
What is the current FirstEnergy Corp. (FE) stock price?
FE is trading at $46.19 at the last market close, up 1.41% on the session. PreMarketPrice tracks FE pre-market, intraday and after-hours prices.
Is FE stock a buy right now?
PreMarketPrice's quantitative model rates FirstEnergy Corp.'s financial health at 18/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is FE stock overvalued?
FirstEnergy Corp. trades at a trailing P/E of 24.6 and our valuation score rates it 49/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does FirstEnergy Corp. report earnings?
No confirmed earnings date is currently scheduled for FE. The Earnings section lists recent reports and updates as dates are announced.
What sector does FirstEnergy Corp. operate in?
FirstEnergy Corp. operates in the Utilities sector, within the Electric Services industry. The Related Stocks section lists sector peers for comparison.
What does FirstEnergy Corp. do?
FirstEnergy is an investor-owned holding company with operations across five mid-Atlantic and Midwestern states.
About FirstEnergy Corp. (FE) Stock
FirstEnergy Corp. (FE) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry. As of the latest update, FirstEnergy Corp. is trading at $46.19, up 1.41% on the day with a market capitalization of $26.7 billion. The financial health score for FE is 18/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for FE stock.
FE Stock Analysis & Key Metrics
On PreMarketPrice, you can track FirstEnergy Corp. (FE) across multiple dimensions:
- Pre-market price & movement: Real-time FE stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for FE with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for FirstEnergy Corp. across multiple reporting periods.
- Financial health score: A composite score of 18/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for FE.
- Sector peers: Compare FE against 6 other utilities stocks on key financial metrics.
Is FE a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate FirstEnergy Corp. (FE) as an investment. The financial health score of 18/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.FirstEnergy Corp. (FE) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.

