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FirstEnergy FE Distribution Segment — Provision for depreciation

Other segment segments

Integrated
$139M

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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:Depreciation.

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 — provision for depreciation?
FirstEnergy (FE) reported distribution segment — provision for depreciation of $165M in Q1 2026.
How has FirstEnergy's distribution segment — provision for depreciation changed year-over-year?
FirstEnergy's distribution segment — provision for depreciation increased by 1.9% year-over-year, from $162M to $165M.
What is the long-term trend for FirstEnergy's distribution segment — provision for depreciation?
Over 3 years (2021 to 2025), FirstEnergy's distribution segment — provision for depreciation has grown at a -10.4% compound annual growth rate (CAGR), from $911M to $655M.
What does distribution segment — provision for depreciation mean?
This represents the periodic allocation of the cost of tangible distribution assets over their estimated useful lives. It reflects the wear and tear of the infrastructure required to deliver electricity to customers.