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FirstEnergy FE New Jersey — Settled decrease in regulatory liability

Discontinued — last reported Q4 '20

Similar metrics at other companies

MOSettlement charges

$2.84B-6.4%

EIXRegulatory liabilities

$354M-37.1%

WMBRegulatory liabilities

$1.39B+1.5%

EVR

EVRGRegulatory liabilities

$148.4M-18.6%

DUKRegulatory liabilities

$1.26B+2.4%

OGEIncrease (Decrease) in Regulatory Liabilities

$200K0.0%

Other financials

Income statement

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

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

Operating cash flow$148.0M-76.8%

CapEx$1.3B+24.9%

Free cash flow-$1.1B-201%

Valuation

Market cap$26.87B+25.6%

Enterprise value$54.45B+23.5%

P/E24.1×+4.4×

P/S1.7×+0.2×

Profitability

Operating margin14.8%-3.2pp

Net margin7.2%-0.6pp

FCF margin-11.2%—

Returns & leverage

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 fe:PublicUtilitiesSettledDecreaseInRegulatoryLiability.

The official record: FirstEnergy’s 10-K, filed February 18, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does new jersey — settled decrease in regulatory liability mean?: This metric measures the reduction in liabilities owed to customers or regulatory bodies as a result of a settled rate case or regulatory proceeding. It often reflects the resolution of over-collected funds or the amortization of regulatory credits. A decrease in these liabilities typically improves the company's net financial position and cash flow profile.