FirstEnergy Corp. (FE) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2025)
FE's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
FE Revenue Analysis (2014–2025)
As of March 1, 2026, FirstEnergy Corp. (FE) generated trailing twelve-month (TTM) revenue of $15.09 billion, reflecting strong growth of +19.6% year-over-year. The most recent quarter (Q4 2025) recorded $3.80 billion in revenue, down 8.5% sequentially.
Looking at the longer-term picture, FE's 5-year compound annual growth rate (CAGR) stands at +6.9%, indicating steady revenue expansion. The company achieved its highest annual revenue of $15.09 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows FE's business is primarily driven by Regulated Distribution (80%), and Regulated Transmission (20%). With over half of revenue concentrated in Regulated Distribution, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including NGG (-11.6% YoY), EXC (+6.1% YoY), and EIX (+9.8% YoY), FE has underperformed the peer group in terms of revenue growth. Compare FE vs NGG →
Peer Comparison
Compare FE's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FECurrent | $15.1B | +19.6% | +6.9% | 18.8% | |
| NGG | $18.4B | -11.6% | +6.6% | 26.8% | |
| EXC | $24.3B | +6.1% | -6.0% | 21.2% | |
| EIX | $19.3B | +9.8% | +7.3% | 36.7% | |
| EDN | $2.04T | +32.4% | +61.7% | 2.1% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $15.09B | +12.0% | $9.86B | 65.3% | $2.83B | 18.8% |
| 2024 | $13.47B | +4.7% | $9.10B | 67.5% | $2.38B | 17.6% |
| 2023 | $12.87B | +3.3% | $8.22B | 63.9% | $2.27B | 17.6% |
| 2022 | $12.46B | +11.9% | $7.87B | 63.1% | $1.91B | 15.3% |
| 2021 | $11.13B | +3.2% | $7.69B | 69.1% | $1.73B | 15.5% |
| 2020 | $10.79B | -2.2% | $7.72B | 71.5% | $2.16B | 20.0% |
| 2019 | $11.04B | -2.0% | $7.61B | 69.0% | $2.51B | 22.7% |
| 2018 | $11.26B | -19.7% | $7.61B | 67.6% | $2.50B | 22.2% |
| 2017 | $14.02B | -3.7% | $7.50B | 53.5% | $2.43B | 17.3% |
| 2016 | $14.56B | -3.1% | $6.82B | 46.8% | $2.05B | 14.1% |
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Start ComparisonFrequently Asked Questions
Is FE's revenue growth accelerating or slowing?
FE revenue is accelerating at +19.6% year-over-year, exceeding the 5-year CAGR of +6.9%. TTM revenue reached $15.1B. Growth momentum has increased versus prior periods.
What is FE's long-term revenue growth rate?
FirstEnergy Corp.'s 5-year revenue CAGR of +6.9% reflects the sustained expansion pattern. Current YoY growth of +19.6% is above this long-term average.
How is FE's revenue distributed by segment?
FE reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.