Discontinued — last reported Q3 '24
Utilities and Transmission Companies — Total capital investments
FirstEnergy Utilities and Transmission Companies — Total capital investments increased by 13.8% to $289.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 29.3%, from $409.00M to $289.00M. Over 2 years (FY 2021 to FY 2023), Utilities and Transmission Companies — Total capital investments shows an upward trend with a 8.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Consistent or growing capital investment is essential for utilities to maintain service quality and grow their regulatory rate base.
Detailed definition
The total cash outflows directed toward the acquisition, construction, or improvement of utility infrastructure assets....
Peer comparison
Commonly referred to as 'CapEx' or 'Capital Expenditures' in utility investor presentations.
fe_segment_utilities_and_transmission_companies_total_capital_investmentsHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $346.00M | $326.00M | $402.00M | $317.00M | $356.00M | $390.00M | $450.00M | $334.00M | $393.00M | $409.00M | $495.00M | $215.00M | $254.00M | $289.00M |
| QoQ Change | — | -5.8% | +23.3% | -21.1% | +12.3% | +9.6% | +15.4% | -25.8% | +17.7% | +4.1% | +21.0% | -56.6% | +18.1% | +13.8% |
| YoY Change | — | — | — | — | +2.9% | +19.6% | +11.9% | +5.4% | +10.4% | +4.9% | +10.0% | -35.6% | -35.4% | -29.3% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is FirstEnergy's utilities and transmission companies — total capital investments?
- FirstEnergy (FE) reported utilities and transmission companies — total capital investments of $289.00M in Q3 2024.
- How has FirstEnergy's utilities and transmission companies — total capital investments changed year-over-year?
- FirstEnergy's utilities and transmission companies — total capital investments decreased by 29.3% year-over-year, from $409.00M to $289.00M.
- What is the long-term trend for FirstEnergy's utilities and transmission companies — total capital investments?
- Over 2 years (2021 to 2023), FirstEnergy's utilities and transmission companies — total capital investments has grown at a 8.1% compound annual growth rate (CAGR), from $1.40B to $1.63B.
- What does utilities and transmission companies — total capital investments mean?
- The total amount of money spent on building and upgrading utility infrastructure.