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FirstEnergy FE Other Business Operations — Long-Term Debt

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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:LongTermDebt.

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 other business operations — long-term debt?
FirstEnergy (FE) reported other business operations — long-term debt of $7B in Q1 2026.
How has FirstEnergy's other business operations — long-term debt changed year-over-year?
FirstEnergy's other business operations — long-term debt increased by 7.7% year-over-year, from $6.5B to $7B.
What is the long-term trend for FirstEnergy's other business operations — long-term debt?
Over 4 years (2021 to 2025), FirstEnergy's other business operations — long-term debt has grown at a -3.1% compound annual growth rate (CAGR), from $31.2B to $27.5B.
What does other business operations — long-term debt mean?
This metric reflects the total long-term debt obligations specifically allocated to the Other Business Operations segment. It captures the financial leverage utilized to fund assets or projects outside the company's core regulated utility business. Investors use this to assess the debt burden and financial risk profile associated with the company's non-regulated or secondary business activities.