FirstEnergy Corp. is an American utility company that, through its subsidiaries, provides comprehensive electricity services, encompassing generation, transmission, and distribution throughout the ...
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Est. EPS $2.73 · Revenue $15.68B · 7 analysts
Est. EPS $2.95 · Revenue $16.50B · 8 analysts
Est. EPS $1.02 · Revenue $3.50B · 5 analysts
Est. EPS $0.66 · Revenue $3.16B · 5 analysts
$1.80 per share
$1.80 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $15.1B | +12.0% | -12.5% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $1.0B | +4.3% | -28.6% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +54.8% | -18.9% | +3.4% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +18.8% | +6.5% | -6.6% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +6.8% | -6.9% | -18.5% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-1.0B | +11.8% | +68.1% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -6.7% | +21.2% | +63.6% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 216.4% | +11.1% | +1.0% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.57x | +1.7% | +3.6% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $55.9B | +7.4% | +2.3% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 1.76 vs 2.55 | -30.9% | 0.50 vs 1.02 | -51.2% |
| Revenue Surprise | $15.1B vs $14.3B | +5.8% | $3.7B vs $3.5B | +5.0% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jul 1, 2026 | Turner Leslie M | director | Phantom Stock Units | A | 898 | — |
| Jul 1, 2026 | SOMERHALDER JOHN W II | director | Common Stock | A | 898 | $47.30 |
| Jul 1, 2026 | ONEIL JAMES F | director | Phantom Stock Units | A | 898 | — |
| Jul 1, 2026 | KALETA PAUL J | director | Phantom Stock Units | A | 898 | — |
| Jul 1, 2026 | Hicks Lisa Winston | director | Phantom Stock Units | A | 898 | — |
Operator : Hello, and welcome to FirstEnergy Corp.'s Second Quarter Earnings Call. As a reminder, this conference is being recorded. It is now my pleasure to turn the call over to Karen Sagot, Vice President of Investor Relations. Thank you. Please go ahead. Karen Sagot : Thank you. Good morning, everyone, and welcome to FirstEnergy's Second Quarter 2026 Earnings Review. Our earnings release, presentation and related financial information are available on our website at firstenergycorp.com/ir. Today's discussion will include the use of non-GAAP financial measures and forward-looking statements, which are subject to risks and uncertainties. Factors discussed in our earnings news release during today's conference call and in our SEC filings, could cause our actual results to differ materially from these forward-looking statements. The appendix of today's presentation includes supplemental information, along with the reconciliation of non-GAAP financial measures. Please read our cautionary statements and discussion of non-GAAP financial measures on Slides 2 and 3 of the presentation. Our Chairman, President and Chief Executive Officer, Brian Tierney, will lead our call today, and he will be joined by Jon Taylor, our Senior Vice President and Chief Financial Officer. Now it's my pleasure to turn the call over to Brian. Brian Tierney : Thank you, Karen, and good morning, everyone. We have made significant progress in key strategic and regulatory priorities and are executing well against our 2026 plan. I'm excited to share with you today the strides we have made and the opportunities we are pursuing. We delivered another quarter of solid financial and operational performance. We are reaffirming our 2026 $6 billion capital investment plan and our core earnings guidance range of $2.62 per share to $2.82. Jon will take you through the second quarter details later in the call. We are also reaffirming our $36 billion 5-year capital investment plan and our core earnings growth near the top end of 6% to 8% through 2030 with meaningful upside opportunities that I'll describe later. Our performance reflects strong execution and financial discipline, a fundamental change in how we operate, how we adapt, how we invest and how we serve our customers. We're executing across every part of our business. We're advancing constructive regulatory outcomes within our footprint, deploying customer-focused capital at a record pace and delivering the financial performance we expected through the first half of the year. This performance is important, not only because it demonstrates disciplined execution, but also positions us to capture future growth opportunities that can meaningfully expand FirstEnergy's long-term earnings growth. And that's where the story becomes even more compelling. We're now focused on both executing today's plan and creating pathways that have the potential to strengthen it. Perhaps the clearest example is the demand we're seeing from data …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Brian X. Tierney | CEO, President & Chairman | USD 3,931,049 | Male | 1968 | Active |
K. Jon Taylor | Senior Vice President of Strategy & Chief Financial Officer | USD 1,740,761 | Male | 1974 | Active |
Allan Wade Smith | President of FirstEnergy Utilities | USD 1,433,037 | Male | 1965 | Active |
Hyun Park | Senior Vice President & Chief Legal Officer | USD 1,401,901 | Male | 1961 | Active |
Toby L. Thomas | Chief Operating Officer | USD 1,112,001 | Male | 1971 | Active |
Gretchan Sekulich | Vice President of Communications & Marketing | — | Female | — | Active |
Daniel Puscas | Senior VP & Chief Information Officer | — | Male | — | Active |
Jason J. Lisowski | Vice President, Controller & Chief Accounting Officer | — | Male | 1981 | Active |
Antonio Fernandez | Vice President and Chief Ethics & Compliance Officer | — | Male | — | Active |
Deandra Williams-Lewis | Chief Ethics & Compliance Officer | — | Female | — | Active |
Karen Sagot | Vice President of Investor Relations | — | Female | — | Active |
Tabrina L. Davis | Vice President of Communications | — | Female | — | Active |
Thiel Macro LLC resurfaced in mid-August with a $418.7 million book spread across exactly eight positions as of June 30, 2026, according to 13f.info's rendering of the filing.
Empowered Funds LLC increased its holdings in FirstEnergy Corporation (NYSE: FE) by 85.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,752 shares of the utilities provider's stock after acquiring an additional 11,851 shares during the quarter. Empowered Funds LLC's
Plan gives customers time to prepare while continuing investments to strengthen electric system HOLMDEL, N.J., Aug. 7, 2026 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) has filed a rate proposal with the New Jersey Board of Public Utilities (BPU).
HOLMDEL, N.J., Aug. 6, 2026 /PRNewswire/ -- Following Jersey Central Power & Light's (JCP&L) comprehensive effort to restore power to customers impacted by four consecutive days of devastating storms, today the FirstEnergy Foundation announced a $100,000 grant to the American Red Cross of New Jersey.
FirstEnergy NYSE: FE reaffirmed its 2026 earnings and capital-spending outlook as the utility reported second-quarter results in line with its plan and highlighted growing electricity demand from data centers across its service territory.
