Non-Current Assets

PP&E Excluding CWIP

FirstEnergy PP&E Excluding CWIP increased by 7.0% to $41.02B in Q4 2025 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2024
Last reportedQ4 2025

How to read this metric

An increase suggests capital expansion or asset acquisition, while a decrease may indicate asset retirement or depreciation outpacing investment.

Detailed definition

This represents the total investment in utility infrastructure, such as power plants and transmission lines, excluding p...

Peer comparison

Standard across regulated utilities; peers typically show steady growth aligned with rate base expansion.

Metric ID: non_current_assets_public_utilities_property_plant_and_e_31de98

Historical Data

2 periods
 Q4 '24Q4 '25
Value$38.35B$41.02B
QoQ Change+7.0%
YoY Change+7.0%
Range$38.35B$41.02B
Avg YoY Growth+7.0%
Median YoY Growth+7.0%

Business Segments

View all
SegmentQ4 '24Q4 '25
Distribution$13.91B$14.43B
Integrated Segment$13.14B$14.23B
Stand-Alone Transmission$10.85B$11.88B
Total$38.35B$41.02B

Distribution, Integrated Segment, Stand-Alone Transmission were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is FirstEnergy's pp&e excluding cwip?
FirstEnergy (FE) reported pp&e excluding cwip of $41.02B in Q4 2025.
What does pp&e excluding cwip mean?
The total value of completed, operational utility infrastructure assets.