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FirstEnergy FE Payments for Removal Costs

Payments for Removal Costs at other companies

New Jersey Resources logo
New Jersey ResourcesNJR
$5.69M-41.1%
NiSource logo
NiSourceNI
$74.5M+28.7%
FirstEnergy logo
FirstEnergyFE
$105M+26.5%
OGS
ONE GASOGS
-$14.78M-53.5%
American Electric Power logo
American Electric PowerAEP
$3.75M-73.7%
AWK
American Water WorksAWK
$40M+37.9%

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

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Operating margin14.8%-4.7pp
Net margin7.2%-2.1pp
FCF margin-12.4%+42.5pp

Returns & leverage

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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:PaymentsForRemovalCosts.

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

Filed
Jul 28, 2026, 5:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001031296-26-000123
(In millions)For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Capital investments(2,600)(2,233)
Sales of investment securities held in trusts3330
Purchases of investment securities held in trusts(39)(36)
Asset removal costs(222)(167)
Other(8)
Net cash used for investing activities(2,828)(2,414)
CASH FLOWS FROM FINANCING ACTIVITIES:
New financing-

ITEM 1. Financial Statements

FAQ

What is FirstEnergy's payments for removal costs?
FirstEnergy (FE) reported payments for removal costs of $105M in Q2 2026.
How has FirstEnergy's payments for removal costs changed year-over-year?
FirstEnergy's payments for removal costs increased by 26.5% year-over-year, from $83M to $105M.
What is the long-term trend for FirstEnergy's payments for removal costs?
Over 4 years (2021 to 2025), FirstEnergy's payments for removal costs has grown at a 13.6% compound annual growth rate (CAGR), from $226M to $376M.
What does payments for removal costs mean?
These are cash outflows associated with the decommissioning, dismantling, or removal of long-lived assets at the end of their useful life. This is particularly relevant for utilities managing environmental remediation or infrastructure retirement.

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