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FirstEnergy FE Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

American Electric Power logo
American Electric PowerAEP
$1.17B
Duke Energy logo
Duke EnergyDUK
$2.11B+85.4%
Ameren logo
AmerenAEE
$129M0.0%

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:MinorityInterest.

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, except share amounts)June 30,2026December 31,2025
Other paid-in capital12,43212,431
Accumulated other comprehensive loss(14)(14)
Retained earnings45935
Total common stockholders’ equity12,93512,510
Noncontrolling interest1,4911,416
TOTAL EQUITY14,42613,926
COMMITMENTS, GUARANTEES AND CONTINGENCIES (NOTE 10.)
TOTAL LIABILITIES AND EQUITY$58,221$55,904

ITEM 1. Financial Statements

FAQ

What is FirstEnergy's noncontrolling interests in subsidiaries?
FirstEnergy (FE) reported noncontrolling interests in subsidiaries of $1.49B in Q2 2026.
How has FirstEnergy's noncontrolling interests in subsidiaries changed year-over-year?
FirstEnergy's noncontrolling interests in subsidiaries increased by 13.0% year-over-year, from $1.32B to $1.49B.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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