Company
FirstEnergy Corp.
Headquarters: Akron, OH, United States
Founded: November 7, 1997
Employees: 12,395
CEO: Mr. Steven E. Strah
Market Cap
$22.49 Billion
USD as of Jan. 1, 2025
FirstEnergy Corp. Categories
United States Utilities Utilities—DiversifiedUnited States Utilities United States Utilities—Diversified
Top Competitors by Market Capitalization
Industry: Utilities—Diversified
| Company | Market Cap (USD) |
|---|---|
| Iberdrola, SA | $89.93 B |
| Enel SpA | $73.36 B |
| PacifiCorp | $65.07 B |
| National Grid plc | $59.13 B |
| EDF | $54.60 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| NextEra Energy | $142.36 B |
| China Yangtze Power Co. Ltd | $98.70 B |
| The Southern Company | $90.13 B |
| Iberdrola, SA | $89.93 B |
| Duke Energy Corporation | $84.46 B |
Detailed Description
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | $13.26 B |
| EBITDA | $4.10 B |
| Gross Profit TTM | $9.25 B |
| Profit Margin | 6.73% |
| Operating Margin | 22.15% |
| Quarterly Revenue Growth | 6.90% |
Stocks & Indices
FirstEnergy Corp. has the following listings and related stock indices.
Stock: NYSE: FE wb_incandescent
Stock: BMV: FE wb_incandescent
Stock: Bovespa: F1EC34 wb_incandescent
Stock: FSX: FE7 wb_incandescent
Stock: XETR: FE7 wb_incandescent
Product & Services
Electricity generation, transmission and distribution, energy management, other energy-related services
Key People
Steve Strah, CEO