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FirstEnergy FE Aircraft fuel

Aircraft fuel at other companies

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$220M+1.4%

Other financials

Income statement

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Revenue$3.7B+8.8%
Operating income$677.0M+4.8%
Net income$288.0M+7.5%
EPS (diluted)$0.50+8.7%

Balance sheet

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Cash & equivalents$63.0M-88.9%
Total debt$28.5B+17.9%
Total equity$12.9B+0.7%
Total assets$58.2B+7.4%

Cash flow

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Operating cash flow$989.0M-8.6%
CapEx$1.3B+10.4%
Free cash flow-$356.0M-162%

Valuation

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Market cap$27.41B+9.3%
Enterprise value$55.83B+14.7%
P/E24.2×+5.0×
P/S1.7×-0.1×

Profitability

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Operating margin14.8%-4.7pp
Net margin7.2%-2.1pp
FCF margin-12.4%+42.5pp

Returns & leverage

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Return on equity8.8%-1.5pp
Debt / equity2.2×+0.3×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by FirstEnergy in its filing.

Tagged under the XBRL concept us-gaap:FuelCosts.

The source filing: FirstEnergy’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 5:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001031296-26-000123
(In millions, except per share amounts)For the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Other205120535218
Total revenues(1)3,6783,3807,8807,145
OPERATING EXPENSES:
Fuel156168317317
Purchased power1,1579532,5862,041
Other operating expenses1,1659952,6252,029
Provision for depreciation424415845826
Deferral of regulatory assets, net(225)(99)(682)(109)

ITEM 1. Financial Statements

FAQ

What is FirstEnergy's aircraft fuel?
FirstEnergy (FE) reported aircraft fuel of $156M in Q2 2026.
How has FirstEnergy's aircraft fuel changed year-over-year?
FirstEnergy's aircraft fuel decreased by 7.1% year-over-year, from $168M to $156M.
What is the long-term trend for FirstEnergy's aircraft fuel?
Over 4 years (2021 to 2025), FirstEnergy's aircraft fuel has grown at a 7.9% compound annual growth rate (CAGR), from $481M to $652M.
What does aircraft fuel mean?
This metric captures the total costs associated with the procurement of aviation fuel and the associated excise taxes. It is a primary variable operating expense for companies with significant air transport operations.

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