FirstEnergy (FE)
NYSEUtilitiesRegulated ElectricSnapshot 2026-11-05
$47.10-0.17%
Close 2026-11-05 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-11-05
QuarterlyIQ Insights · FE
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within utilities on a research-validated quality screen. As of 2026-11-05.
The screen ranks FE against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Utilities names rated strong grew net income 68% of the time over the next year (vs 62% for the rest of the cohort, n=1127).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 63% of the last 8 guided quarters · -7.9% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Underpinning the company's growth is its five-year, $36 billion Energize365 capital investment, which will modernize the grid, renew distribution infrastructure and strengthen transmission reliabilit…
Stated in 4 of 5 supplied quarters. Management reported: “Underpinning the company's growth is its five-year, $36 billion Energize365 capital investment, which will modernize the grid, renew distribution infrastructure and strengthen transmission reliability.” “The company deployed $1.4 billion of customer-focused investments in the first quarter, representing a 33% increase compared to the first quarter of 2025.”
“Underpinning the company's growth is its five-year, $36 billion Energize365 capital investment, which will modernize the grid, renew distribution infrastructure and strengthen transmission reliabilit…”
“FirstEnergy's five-year, $36 billion Energize365 capital investment program will modernize the grid, renewing distribution infrastructure and strengthening transmission reliability while supporting l…”
“FirstEnergy’s $36 billion Energize365 program for 2026 through 2030 represents an increase of nearly 30% compared to its previous five-year investment plan and results in approximately 10% compounded…”
“Our $36 billion investment plan for 2026 to 2030 includes more than $19 billion of total transmission investment,” Tierney added.”
The long-term outlook continues to reflect a Core Earnings compound annual growth rate near the top end of the 6% to 8% range through 2030.
Stated in 4 of 5 supplied quarters. Management reported: “The long-term outlook continues to reflect a Core Earnings compound annual growth rate near the top end of the 6% to 8% range through 2030.” “Outlook FirstEnergy reaffirmed its 2026 Core Earnings guidance range of $2.62 to $2.82 per share and expects results at or slightly above the midpoint.”
“The long-term outlook continues to reflect a Core Earnings compound annual growth rate near the top end of the 6% to 8% range through 2030.”
Across its service territory, FirstEnergy has 7.9 gigawatts of contracted demand from large-load customers, nearly double since the beginning of the year, and is in active negotiations for approximat…
Stated in 4 of 5 supplied quarters. Management reported: “Across its service territory, FirstEnergy has 7.9 gigawatts of contracted demand from large-load customers, nearly double since the beginning of the year, and is in active negotiations for approximately 4 gigawatts of additional load.” “Expanding Generation Opportunities in West Virginia FirstEnergy is moving to expand generation in West Virginia as electricity demand grows across the state, creating new opportunities to serve customers and support economic development.”
Maintain the 2026 Core Earnings outlook while executing the investment plan and financial discipline commitments.
Reaffirm the long-term Core Earnings compound annual growth outlook near the top end of the 6% to 8% range through 2030.
Over the trailing year it converted 1.43x of net income into operating cash flow. Historically, Utilities names rated fragile grew net income 56% of the time over the next year (vs 68% for the rest of the cohort, n=929).
Most sensitive to real (inflation-adjusted) rates and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, the broad stock market, Fed net liquidity (low R² over the window).
8 material management or governance events in the past 24 months, led by executive changes. Historically, Utilities names rated stable grew net income 69% of the time over the next year (vs 63% for the rest of the cohort, n=1018).
Not investment advice. As of 2026-11-05.
“Based on this plan, the company is reaffirming its long-term Core Earnings compound annual growth near the top end of 6% to 8% from 2026 to 2030.”
“Based on this plan, the company is reaffirming its long-term Core EPS compounded annual growth near the top end of 6-8% from 2026 to 2030.”
“This investment plan positions FirstEnergy to deliver Core EPS compounded annual growth near the top end of 6-8% from 2026 to 2030.”
“Across its service territory, FirstEnergy has 7.9 gigawatts of contracted demand from large-load customers, nearly double since the beginning of the year, and is in active negotiations for approximat…”
“These opportunities include accelerating demand from data center customers across the company's footprint and growing demand in West Virginia, where FirstEnergy is advancing the proposed Maidsville E…”
“Ninety percent of that increase was in formula rate investment programs that are focused on improving the reliability and resiliency of the electric grid.”
““As part of our Integrated Resource Plan, we are pursuing a project to add 1.2 gigawatts of dispatchable combined-cycle generation in the state that would be operational around 2031.”