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FirstEnergy FE Interest coverage

Interest coverage at other companies

Public Service Enterprise Group logo
Public Service Enterprise GroupPEG
3.1×+0.5×
PPL logo
PPLPPL
2.6×+0.1×
CNP
CenterPoint EnergyCNP
2.7×-0.7×
Eversource Energy logo
Eversource EnergyES
2.4×+0.3×
PG&E logo
PG&EPCG
1.6×+0.2×
Duke Energy logo
Duke EnergyDUK
2.4×0.0×

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$26.87B+25.6%
Enterprise value$54.45B+23.5%
P/E24.1×+4.4×
P/S1.7×+0.2×

Profitability

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Operating margin14.8%-3.2pp
Net margin7.2%-0.6pp

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

Calculated from FirstEnergy’s reported figures.

Based on trailing twelve months.

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 interest coverage?
FirstEnergy (FE) reported interest coverage of 1.8× in Q1 2026.
How has FirstEnergy's interest coverage changed year-over-year?
FirstEnergy's interest coverage decreased by 17.8% year-over-year, from 2.2× to 1.8×.
What is the long-term trend for FirstEnergy's interest coverage?
Over 4 years (2021 to 2025), FirstEnergy's interest coverage has grown at a 6.1% compound annual growth rate (CAGR), from 7× to 8.9×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.