FirstEnergy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	15,090	13,472	12,870	12,459	11,132
Revenue Growth (YoY)	12.01%	4.68%	3.30%	11.92%	3.17%
Fuel and Purchased Power Expense	5,235	4,376	4,646	4,593	3,445
Operations and Maintenance Expenses	-	-	-	3,817	3,196
Gross Profit	9,855	9,096	8,224	4,049	4,491
Depreciation & Amortization Expenses	1,664	1,581	1,461	1,375	1,571
Taxes Other than Income Tax	1,345	1,212	1,164	1,129	1,073
Net Gains on Disposal of Operating Assets	-	-	-	-	109
Other Operating Expenses	518	-116	-246	-365	230
Operating Income	2,206	2,375	2,266	1,910	1,726
Interest Income	-	58	175	168	31
Interest Expense	-1,032	-1,011	-1,027	-955	-1,064
Other Non-Operating Income (Expense)	385	82	50	316	866
Total Non-Operating Income (Expense)	-647	-871	-802	-471	-167
Pretax Income	1,559	1,504	1,464	1,439	1,559
Provision for Income Taxes	288	377	267	1,000	320
Net Income	1,020	978	1,102	406	1,283
Minority Interest in Earnings	251	149	74	33	-
Earnings From Discontinued Operations	-	-	-21	-	44
Net Income to Common	1,020	978	1,102	406	1,283
Net Income Growth	4.29%	-11.25%	171.43%	-68.36%	18.91%
Shares Outstanding (Basic)	577	575	573	571	545
Shares Outstanding (Diluted)	578	577	574	572	546
Shares Change (YoY)	0.17%	0.52%	0.35%	4.76%	0.55%
EPS (Basic)	1.77	1.70	1.92	0.71	2.35
EPS (Diluted)	1.76	1.70	1.92	0.71	2.35
EPS Growth	3.53%	-11.46%	170.42%	-69.79%	18.09%
Free Cash Flow	-1,005	-1,139	-1,969	-165	324
Free Cash Flow Per Share	-1.74	-1.97	-3.43	-0.29	0.59
Dividends Per Share	1.760	1.685	1.580	1.560	1.560
Dividend Growth	4.45%	6.65%	1.28%	-	-
Gross Margin	65.31%	67.52%	63.90%	32.50%	40.34%
Operating Margin	14.62%	17.63%	17.61%	15.33%	15.50%
Profit Margin	8.42%	8.37%	9.30%	3.52%	11.13%
FCF Margin	-6.66%	-8.45%	-15.30%	-1.32%	2.91%
EBITDA	3,813	3,821	3,521	3,227	3,390
EBITDA Margin	25.27%	28.36%	27.36%	25.90%	30.45%
EBIT	2,206	2,375	2,266	1,910	1,726
EBIT Margin	14.62%	17.63%	17.61%	15.33%	15.50%
Effective Tax Rate	18.47%	25.07%	18.24%	69.49%	20.53%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.