Discontinued — last reported Q1 '24
FirstEnergy Regulated Transmission — Total interest expense decreased by 8.5% to $65.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $59.00M to $65.00M. Over 2 years (FY 2021 to FY 2023), Regulated Transmission — Total interest expense shows relatively stable performance with a 1.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests higher debt levels or rising interest rates, which may pressure margins, while a decrease suggests deleveraging or refinancing at lower rates.
This metric measures the total cost of debt financing incurred by the transmission segment during the reporting period....
Standard across capital-intensive utility sectors.
fe_segment_regulated_transmission_total_interest_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $63.00M | $62.00M | $62.00M | $59.00M | $55.00M | $41.00M | $75.00M | $59.00M | $61.00M | $65.00M | $71.00M | $65.00M |
| QoQ Change | — | -1.6% | +0.0% | -4.8% | -6.8% | -25.5% | +82.9% | -21.3% | +3.4% | +6.6% | +9.2% | -8.5% |
| YoY Change | — | — | — | — | -12.7% | -33.9% | +21.0% | +0.0% | +10.9% | +58.5% | -5.3% | +10.2% |