Financial insights of FE

MyFinsight

For the year ending 2025-12-31, FE made $15,090M in revenue. $1,020M in net income. Net profit margin of 6.76%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total revenues	15,090	13,472	12,870	12,459
Fuel	652	464	538	730
Purchased power	4,583	3,912	4,108	3,863
Other operating expenses	4,122	4,159	3,594	3,817
Provision for depreciation	1,664	1,581	1,461	1,375
Amortization (deferral) of regulatory assets, net	-	-	-	-365
Deferral of regulatory assets, net	-109	-231	-261	-
General taxes	1,345	1,212	1,164	1,129
Ohio settlement charges (note 13.)	-275	-	0	0
Gain on sale of yards creek	-	-	0	0
Impairment of assets (note 1.)	352	-	-	-
Total operating expenses	12,884	11,097	10,604	10,549
Operating income	2,206	2,375	2,266	1,910
Debt redemption costs (note 11.)	-24	-85	-36	-171
Equity method investment earnings, net (note 1.)	0	58	175	168
Miscellaneous income, net	156	189	164	415
Pension and opeb mark-to-market adjustments (note 4.)	253	-22	-78	72
Interest expense	1,217	1,144	1,124	1,039
Capitalized financing costs	185	133	97	84
Total other expense	-647	-871	-802	-471
Income before income taxes	1,559	1,504	1,464	1,439
Income taxes	288	377	267	1,000
Income from continuing operations	1,271	1,127	1,197	439
Earnings from discontinued operations	0	0	-21	0
Net income	1,271	1,127	1,176	439
Income attributable to noncontrolling interest (continuing operations)	251	149	74	33
Earnings attributable to firstenergy corp	1,020	978	1,102	406

Basic (in dollars per share)	1.77	1.7	1.92	0.71
Basic (in shares)	577,000,000	575,000,000	573,000,000	571,000,000
Diluted (in dollars per share)	1.76	1.7	1.92	0.71
Diluted (in shares)	578,000,000	577,000,000	574,000,000	572,000,000