FirstEnergy Corp. (FE) — Free Cash Flow Yield
Utilities
FirstEnergy Corp., together with its subsidiaries, engages in the generation, distribution, and transmission of electricity in the United States. It operates through Distribution, Integrated, and Stand-Alone Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, wind, and solar power generating facilities. The company operates 252,959 distribution line miles and 24,157 transmission line miles, including overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.
| Metric | Value |
|---|---|
| FCF Yield | -3.7% |
| Utilities Sector Avg FCF Yield | -4.3% |
| Annual Free Cash Flow | $-1.0B |
| Market Cap | $27.4B |
| P/E Ratio | 25.4x |
FirstEnergy Corp.'s FCF yield of -3.7% is above the Utilities sector average (-4.3%).
Frequently Asked Questions
What is FirstEnergy Corp.'s (FE) free cash flow yield?
FirstEnergy Corp.'s (FE) free cash flow yield is -3.7%. That is above the Utilities sector average (-4.3%).
Is FE's free cash flow yield good?
At -3.7%, FE's free cash flow yield is considered weak — yields above 10% are generally excellent, 7–10% good, 4–7% fair, and below 4% weak, though context varies by sector and growth stage.
How much free cash flow does FirstEnergy Corp. generate?
FirstEnergy Corp. generated $-1.0B in free cash flow, against a market cap of $27.4B.
How is free cash flow yield calculated?
Free cash flow yield = (Free Cash Flow ÷ Market Capitalization) × 100%. Free cash flow equals operating cash flow minus capital expenditures.
Data from public filings. Not investment advice. Calculate your own FCF yield →