Discontinued — last reported Q4 '25

Business Segments · Allowed debt

Integrated — Allowed debt

FirstEnergy Integrated — Allowed debt remained flat by 0.0% to 15.0% in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from 15.0% to 15.0%. Over 4 years (FY 2021 to FY 2025), Integrated — Allowed debt shows relatively stable performance with a 0.0% CAGR.

Analysis

StatementSegment
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ4 2025Feb 18, 2026

How to read this metric

Higher allowed debt levels can increase financial leverage and potentially boost ROE, but may also increase financial risk.

Detailed definition

The portion of the capital structure that regulators permit to be financed through debt for rate-making purposes. This i...

Peer comparison

Standard regulatory metric for utility capital structure management.

Metric ID: fe_segment_integrated_allowed_debt

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value60%60%60%60%60%
YoY Change+0.0%+0.0%+0.0%+0.0%
Range60%60%
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak4+ years growth

Frequently Asked Questions

What is FirstEnergy's integrated — allowed debt?
FirstEnergy (FE) reported integrated — allowed debt of 15.0% in Q4 2025.
How has FirstEnergy's integrated — allowed debt changed year-over-year?
FirstEnergy's integrated — allowed debt decreased by 0.0% year-over-year, from 15.0% to 15.0%.
What is the long-term trend for FirstEnergy's integrated — allowed debt?
Over 4 years (2021 to 2025), FirstEnergy's integrated — allowed debt has grown at a 0.0% compound annual growth rate (CAGR), from 60.0% to 60.0%.
What does integrated — allowed debt mean?
The amount of debt regulators allow in the utility's capital structure.