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FirstEnergy FE Total costs & expenses

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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$27.95B+10.4%
Enterprise value$56.37B+15.3%
P/E24.7×+5.3×
P/S1.8×0.0×

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:CostsAndExpenses.

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 per share amounts)For the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Provision for depreciation424415845826
Deferral of regulatory assets, net(225)(99)(682)(109)
General taxes324302684641
Total operating expenses3,0012,7346,3755,745
OPERATING INCOME6776461,5051,400
OTHER INCOME (EXPENSE):
Debt redemption costs (Note 6.)(24)(24)
Miscellaneous income, net524110077

ITEM 1. Financial Statements

FAQ

What is FirstEnergy's total costs & expenses?
FirstEnergy (FE) reported total costs & expenses of $3B in Q2 2026.
How has FirstEnergy's total costs & expenses changed year-over-year?
FirstEnergy's total costs & expenses increased by 9.8% year-over-year, from $2.73B to $3B.
What is the long-term trend for FirstEnergy's total costs & expenses?
Over 4 years (2021 to 2025), FirstEnergy's total costs & expenses has grown at a 8.2% compound annual growth rate (CAGR), from $9.41B to $12.88B.
What does total costs & expenses mean?
This metric aggregates all operating costs incurred to generate revenue, including fuel, purchased power, maintenance, depreciation, and general taxes. It serves as a comprehensive measure of the company's operational cost structure and efficiency in managing utility service delivery. Monitoring this figure helps stakeholders evaluate the company's ability to control expenses relative to its regulated rate base and market demand.

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