Discontinued — last reported Q4 '24

Business Segments · Guarantor obligations

Electric Companies and Transmission Companies — Guarantor obligations

FirstEnergy Electric Companies and Transmission Companies — Guarantor obligations increased by 6.7% to $174.00M in Q4 2024 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ3 2016
Last reportedQ4 2024Feb 27, 2025

How to read this metric

An increase signals higher potential liability and credit risk for the segment, while a decrease suggests a reduction in the segment's role as a financial backstop.

Detailed definition

This metric captures the specific financial obligations for which the regulated electric distribution and transmission s...

Peer comparison

Similar to other regulated utility holding companies, this reflects the internal credit support mechanisms used to optimize financing costs across the enterprise.

Metric ID: fe_segment_electric_companies_and_transmission_companies_guarantor_obligations

Historical Data

12 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24
Value$93.00M$88.00M$100.00M$109.00M$125.00M$124.00M$129.00M$143.00M$150.00M$179.00M$163.00M$174.00M
QoQ Change-5.4%+13.6%+9.0%+14.7%-0.8%+4.0%+10.9%+4.9%+19.3%-8.9%+6.7%
YoY Change+17.2%+42.0%+24.0%+18.3%+14.4%+21.0%+38.8%+14.0%
Range$88.00M$179.00M
CAGR+25.6%
Avg YoY Growth+23.7%
Median YoY Growth+19.7%

Frequently Asked Questions

What is FirstEnergy's electric companies and transmission companies — guarantor obligations?
FirstEnergy (FE) reported electric companies and transmission companies — guarantor obligations of $174.00M in Q4 2024.
What does electric companies and transmission companies — guarantor obligations mean?
The total debt or contractual payments the utility segment is legally obligated to cover if the primary borrower defaults.