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FirstEnergy FE Debt-to-assets

Debt-to-assets at other companies

American Electric Power logo
American Electric PowerAEP
0.4×
Public Service Enterprise Group logo
Public Service Enterprise GroupPEG
0.4×0.0×
PPL logo
PPLPPL
0.4×0.0×
Exelon logo
ExelonEXC
0.4×0.0×
CNP
CenterPoint EnergyCNP
0.4×0.0×
PG&E logo
PG&EPCG
0.4×0.0×

Other financials

Income statement

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Revenue$4.2B+11.6%
Operating income$828.0M+9.8%
Net income$405.0M+12.5%
EPS (diluted)$0.70+12.9%

Balance sheet

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Cash & equivalents$52.0M-60.6%
Total debt$27.6B+20.9%
Total equity$12.7B+0.7%
Total assets$56.9B+7.9%

Cash flow

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Operating cash flow$148.0M-76.8%
CapEx$1.3B+24.9%
Free cash flow-$1.1B-201%

Valuation

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Market cap$26.87B+25.6%
Enterprise value$54.45B+23.5%
P/E24.1×+4.4×
P/S1.7×+0.2×

Profitability

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Operating margin14.8%-3.2pp
Net margin7.2%-0.6pp
FCF margin-11.2%

Returns & leverage

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Return on equity8.8%+0.1pp
Debt / equity2.2×+0.4×
Current ratio0.5×+0.1×

Where this comes from

Calculated from FirstEnergy’s reported figures.

Based on the most recent quarter.

The official record: FirstEnergy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FirstEnergy's debt-to-assets?
FirstEnergy (FE) reported debt-to-assets of 0.5× in Q1 2026.
How has FirstEnergy's debt-to-assets changed year-over-year?
FirstEnergy's debt-to-assets increased by 12.1% year-over-year, from 0.4× to 0.5×.
What is the long-term trend for FirstEnergy's debt-to-assets?
Over 5 years (2020 to 2025), FirstEnergy's debt-to-assets has grown at a -3.4% compound annual growth rate (CAGR), from 0.6× to 0.5×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.