What is FirstEnergy's regulated transmission — net income?

FirstEnergy (FE) reported regulated transmission — net income of $91M in Q1 2026.

How has FirstEnergy's regulated transmission — net income changed year-over-year?

FirstEnergy's regulated transmission — net income increased by 12.3% year-over-year, from $81M to $91M.

What does regulated transmission — net income mean?

This is the bottom-line profit for the transmission segment after all operating expenses, interest, taxes, and other adjustments. It represents the segment's contribution to the overall corporate earnings.

FirstEnergy FE Regulated Transmission — Net Income

Other segment segments

Distribution Segment

$246M+12.8%

Integrated

$153M—

Similar metrics at other companies

XELRegulated Electric Segment — Net Income

$429M+25.4%

NWERegulated Electric Segment — Net Income

$47.38M-4.0%

NWERegulated Electric and Natural Gas Segments — Net Income

$67.57M-15.3%

MGEETransmission Investment — Net Income Loss

$2.58M+11.3%

NWERegulated Natural Gas — Net Income

$20.2M-33.7%

MGEETransmission Investment — Regulated And Unregulated Operating Revenue

$0—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$148.0M-76.8%

CapEx$1.3B+24.9%

Free cash flow-$1.1B-201%

Valuation

See full

Market cap$27.5B+21.8%

Enterprise value$55.08B+19.4%

P/E24.7×+7.4×

P/S1.8×+0.2×

Profitability

See full

Operating margin14.8%-3.2pp

Net margin7.2%-0.6pp

FCF margin-11.2%—

Returns & leverage

See full

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:NetIncomeLoss.

The official record: FirstEnergy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about FirstEnergy's regulated transmission — net income.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is FirstEnergy's regulated transmission — net income?: FirstEnergy (FE) reported regulated transmission — net income of $91M in Q1 2026.
How has FirstEnergy's regulated transmission — net income changed year-over-year?: FirstEnergy's regulated transmission — net income increased by 12.3% year-over-year, from $81M to $91M.
What does regulated transmission — net income mean?: This is the bottom-line profit for the transmission segment after all operating expenses, interest, taxes, and other adjustments. It represents the segment's contribution to the overall corporate earnings.