What does OHIO — amount of requested rate increase (decrease) mean?

This metric quantifies the change in base rates sought by the Ohio utility segment in formal filings with state regulators. It is a primary driver of future revenue growth and reflects the utility's need to recover capital expenditures, operating costs, and earn a fair return on investment. The outcome of these requests is a key determinant of the segment's profitability and cash flow generation.

FirstEnergy (FE) OHIO — Amount of requested rate increase (decrease)

Screener

Other geography segments

West Virginia

$188.4B—

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Other financials

Income statement

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Revenue$3.7B+8.8%

Operating income$677.0M+4.8%

Net income$288.0M+7.5%

EPS (diluted)$0.50+8.7%

Balance sheet

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Cash & equivalents$63.0M-88.9%

Total debt$28.5B+17.9%

Total equity$12.9B+0.7%

Total assets$58.2B+7.4%

Cash flow

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Operating cash flow$989.0M-8.6%

CapEx$1.3B+10.4%

Free cash flow-$356.0M-162%

Valuation

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Market cap$27.47B+9.8%

Enterprise value$55.88B+15.0%

P/E24.2×+5.1×

P/S1.7×0.0×

Profitability

See full

Operating margin14.8%-4.7pp

Net margin7.2%-2.1pp

FCF margin-12.4%+42.5pp

Returns & leverage

See full

Return on equity8.8%-1.5pp

Debt / equity2.2×+0.3×

Current ratio0.5×-0.1×

Where this comes from

Reported directly by FirstEnergy in its filing.

Tagged under the XBRL concept us-gaap:PublicUtilitiesRequestedRateIncreaseDecreaseAmount.

The source filing: FirstEnergy’s 10-Q, filed July 28, 2026. Open the filing →

Filed: Jul 28, 2026, 5:03 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001031296-26-000123

FAQ

What is FirstEnergy's OHIO — amount of requested rate increase (decrease)?: FirstEnergy (FE) reported OHIO — amount of requested rate increase (decrease) of -$254M in Q2 2026.
What does OHIO — amount of requested rate increase (decrease) mean?: This metric quantifies the change in base rates sought by the Ohio utility segment in formal filings with state regulators. It is a primary driver of future revenue growth and reflects the utility's need to recover capital expenditures, operating costs, and earn a fair return on investment. The outcome of these requests is a key determinant of the segment's profitability and cash flow generation.