Non-Current Liabilities

Retirement and nonpension postretirement benefit obligations

FirstEnergy Retirement and nonpension postretirement benefit obligations increased by 0.1% to $1.47B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.4%, from $1.70B to $1.47B. Over 5 years (FY 2020 to FY 2025), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -15.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase may signal underfunded plans requiring future cash contributions, while a decrease suggests improved funding status.

Detailed definition

This represents the long-term liability associated with defined benefit pension plans and other post-retirement benefits...

Peer comparison

Highly dependent on legacy workforce size and plan structure; common in mature industrial manufacturing firms.

Metric ID: non_current_liabilities_pension_and_other_postretirement_0d4947

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.20B$3.12B$2.67B$2.62B$2.56B$2.50B$2.34B$2.34B$1.52B$1.51B$1.66B$1.66B$1.66B$1.65B$1.70B$1.70B$1.70B$1.70B$1.47B$1.47B
QoQ Change-2.4%-14.6%-1.8%-2.4%-2.3%-6.5%+0.2%-35.2%-0.3%+10.0%+0.0%-0.5%-0.2%+2.8%+0.0%-0.1%+0.2%-13.6%+0.1%
YoY Change-20.1%-20.1%-12.5%-10.7%-40.7%-39.4%-28.8%-28.9%+9.2%+9.2%+2.1%+2.1%+2.5%+3.0%-13.5%-13.4%
Range$1.47B$3.20B
CAGR-15.1%
Avg YoY Growth-12.5%
Median YoY Growth-12.9%

Frequently Asked Questions

What is FirstEnergy's retirement and nonpension postretirement benefit obligations?
FirstEnergy (FE) reported retirement and nonpension postretirement benefit obligations of $1.47B in Q1 2026.
How has FirstEnergy's retirement and nonpension postretirement benefit obligations changed year-over-year?
FirstEnergy's retirement and nonpension postretirement benefit obligations decreased by 13.4% year-over-year, from $1.70B to $1.47B.
What is the long-term trend for FirstEnergy's retirement and nonpension postretirement benefit obligations?
Over 5 years (2020 to 2025), FirstEnergy's retirement and nonpension postretirement benefit obligations has grown at a -15.2% compound annual growth rate (CAGR), from $3.35B to $1.47B.
What does retirement and nonpension postretirement benefit obligations mean?
Long-term obligations for employee pension and retirement benefits.