FirstEnergy Corp.
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
15.0814.0313.1912.30
Price/Sales ratio
1.691.631.501.44
Earnings per Share (EPS)
$2.87$3.09$3.28$3.52

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
54.7623.16-2.13-7.8813.7028.5015.3717.6658.9819.0625.6113.70
Price/Sales ratio
1.080.890.900.961.642.351.532.031.921.631.701.64
Price/Book Value ratio
1.311.072.113.462.713.722.292.612.352.011.833.72
Price/Cash Flow ratio
6.033.883.913.5713.1010.5311.658.068.9215.148.1410.53
Price/Free Cash Flow ratio
-19.6824.2143.3914.05-14.60-131.31-13.4461.93-328.05-10.66-22.39-131.31
Price/Earnings Growth ratio
-2.230.240.000.10-0.08-0.670.940.77-0.850.11-17.09-0.67
Dividend Yield
3.68%4.53%4.63%4.70%4.17%3.15%5.09%3.74%3.72%4.31%4.24%4.17%
Profitability Indicator Ratios
Gross Profit Margin
53.51%58.91%62.37%67.34%67.61%68.97%71.54%69.05%63.13%63.90%46.53%68.97%
Operating Profit Margin
7.05%15.25%-56.73%1.22%22.21%22.74%20.03%24.66%21.05%17.60%17.33%22.74%
Pretax Profit Margin
1.13%5.94%-63.39%-5.91%13.42%10.12%10.46%14.00%11.54%11.37%10.34%10.12%
Net Profit Margin
1.98%3.84%-42.41%-12.29%11.97%8.26%10%11.52%3.25%8.56%6.63%8.26%
Effective Tax Rate
-24.56%35.27%33.09%-107.96%32.40%19.06%11.16%20.52%69.49%18.23%26.45%26.45%
Return on Assets
0.57%1.10%-14.31%-4.07%3.36%2.15%2.42%2.82%0.88%2.25%1.75%2.15%
Return On Equity
2.40%4.65%-98.97%-43.92%19.78%13.07%14.90%14.78%3.99%10.55%7.47%13.07%
Return on Capital Employed
2.27%4.92%-22.93%0.45%7.06%6.70%5.47%6.69%6.22%5.22%5.14%6.70%
Liquidity Ratios
Current Ratio
0.690.540.410.760.510.500.74N/AN/AN/A0.560.51
Quick Ratio
0.550.400.330.640.450.440.670.670.500.380.460.45
Cash ratio
0.010.020.020.140.070.120.340.330.040.020.080.07
Days of Sales Outstanding
43.1438.7440.4833.3848.9742.8048.6741.9346.0244.9248.3648.36
Days of Inventory outstanding
42.6246.4137.5736.9225.2229.9537.6827.5433.4540.2227.2225.22
Operating Cycle
85.7785.1678.0570.3074.1972.7586.3669.4879.4885.1475.5874.19
Days of Payables Outstanding
66.7263.5669.4865.9596.57107.1398.3299.91119.44107.0077.19107.13
Cash Conversion Cycle
19.0421.598.574.35-22.38-34.37-11.95-30.42-39.96-21.85-1.61-22.38
Debt Ratios
Debt Ratio
0.410.420.520.460.480.490.550.520.460.510.460.49
Debt Equity Ratio
1.751.773.614.972.863.003.382.742.122.381.903.00
Long-term Debt to Capitalization
0.600.600.740.820.720.730.750.710.670.680.630.73
Total Debt to Capitalization
0.630.630.780.830.740.750.770.730.680.700.650.75
Interest Coverage Ratio
1.112.292.272.342.241.901.70N/AN/AN/A2.241.90
Cash Flow to Debt Ratio
0.120.150.140.190.070.110.050.110.120.050.110.07
Company Equity Multiplier
4.204.206.9110.765.876.066.145.234.534.674.086.06
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.180.220.230.270.120.220.130.250.210.100.200.12
Free Cash Flow / Operating Cash Flow Ratio
-0.300.160.090.25-0.89-0.08-0.860.13-0.02-1.41-0.36-0.89
Cash Flow Coverage Ratio
0.120.150.140.190.070.110.050.110.120.050.110.07
Short Term Coverage Ratio
1.041.190.774.430.801.800.611.766.020.681.330.80
Dividend Payout Ratio
202.00%105.01%-9.89%-37.06%57.26%89.91%78.31%66.17%219.45%82.21%107.73%57.26%