FirstEnergy Distribution Segment — Goodwill remained flat by 0.0% to $3.22B in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $3.22B to $3.22B. Over 4 years (FY 2021 to FY 2025), Distribution Segment — Goodwill shows a downward trend with a -10.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Stable or decreasing goodwill is standard; a sudden decrease signals an impairment charge due to poor segment performance or market valuation declines.
The intangible asset value representing the premium paid for the distribution segment over the fair value of its identif...
Comparable to 'Goodwill' reported in segment disclosures by utilities that have grown through M&A.
fe_segment_distribution_segment_goodwill| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $5.00B | $3.22B | $3.22B | $3.22B | $3.22B | $3.22B | $3.22B | $3.22B | $3.22B | $3.22B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -35.6% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -35.6% | -35.6% | -35.6% | -35.6% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% |