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Annual · values202520242023202220212020201920182017201620152014
Gross Margin
Operating Margin14.62%17.63%17.61%15.33%15.50%20.04%22.75%22.22%1.23%-56.74%15.25%7.06%
EBITDA Margin25.65%29.36%28.96%25.90%29.89%31.15%33.77%34.51%13.36%-43.02%27.47%17.44%
Net Margin6.76%7.26%8.56%3.26%11.53%10.00%8.26%11.97%-12.30%-42.42%3.85%1.99%
Current Ratio0.570.560.480.610.730.740.500.520.760.410.540.70
Quick Ratio0.460.450.380.500.670.680.440.460.650.330.400.55
Debt / Equity0.050.070.110.030.190.020.050.070.280.270.090.06
ROE7.32%7.13%10.10%3.81%14.79%14.91%13.08%19.78%-43.92%-98.97%4.65%2.41%
ROA1.82%1.88%2.26%0.88%2.82%2.43%2.16%3.36%-4.08%-14.32%1.11%0.57%
Asset Turnover0.270.260.260.270.250.240.260.280.330.340.290.29
Book Value / Share24.0923.7819.0218.6115.8913.3312.8713.798.8414.6529.3029.51

FirstEnergy Corp. is an investor-owned electric utility holding company based in Akron, Ohio. It primarily focuses on the generation, transmission, and distribution of electricity through a portfolio of regulated utility subsidiaries and related assets. The company’s core operations are organized into Regulated Distribution and Regulated Transmission segments, along with a Corporate/Other segment. Through Regulated Distribution, FirstEnergy delivers electricity to residential, commercial, and industrial customers across several Mid-Atlantic and Midwestern states, providing essential energy services and grid support. Its Regulated Transmission business owns and operates extensive high-voltage transmission networks, forming one of the larger transmission systems in the United States and playing a critical role in regional grid reliability and power flow management. FirstEnergy Corp. operates within the utilities sector, specifically the regulated electric utility industry, and serves as a key infrastructure provider in its service territories, connecting power generation resources to end users and wholesale markets.