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FirstEnergy FE Distribution Segment — Other operating expense

Other segment segments

Integrated
$672M

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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$27.5B+21.8%
Enterprise value$55.08B+19.4%
P/E24.7×+7.4×
P/S1.8×+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

Reported directly by FirstEnergy in its filing.

Tagged under the XBRL concept us-gaap:OtherCostOfOperatingRevenue.

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 distribution segment — other operating expense?
FirstEnergy (FE) reported distribution segment — other operating expense of $716M in Q1 2026.
How has FirstEnergy's distribution segment — other operating expense changed year-over-year?
FirstEnergy's distribution segment — other operating expense increased by 14.2% year-over-year, from $627M to $716M.
What is the long-term trend for FirstEnergy's distribution segment — other operating expense?
Over 3 years (2022 to 2025), FirstEnergy's distribution segment — other operating expense has grown at a 5.8% compound annual growth rate (CAGR), from $2.09B to $2.48B.
What does distribution segment — other operating expense mean?
This captures the miscellaneous operating costs incurred by the distribution segment that are not categorized as depreciation or interest. It includes day-to-day maintenance, administrative overhead, and other operational support costs.