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FirstEnergy FE Integrated — Other operating expense

Other segment segments

Distribution Segment
$716M+14.2%

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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 integrated — other operating expense?
FirstEnergy (FE) reported integrated — other operating expense of $672M in Q1 2026.
How has FirstEnergy's integrated — other operating expense changed year-over-year?
FirstEnergy's integrated — other operating expense increased by 99.4% year-over-year, from $337M to $672M.
What is the long-term trend for FirstEnergy's integrated — other operating expense?
Over 3 years (2022 to 2025), FirstEnergy's integrated — other operating expense has grown at a 4.9% compound annual growth rate (CAGR), from $1.23B to $1.42B.
What does integrated — other operating expense mean?
Operating costs incurred by the integrated segment that are not classified as fuel, purchased power, or depreciation. This includes administrative, general, maintenance, and labor expenses required to sustain daily utility operations.