FE
Firstenergy Corp Utilities Electric Services S&P 500Russell 3000
$46.91Close
$27.1BMarket cap
$42.74 – $50.8852-week range
Late-januaryNext report · estimated
Highlights
Cautions
- Not in an uptrend 3 of 8 trend conditions
- Lagging the market RS 45 · weaker than 55% of stocks over 12 months
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
8%
1wk
up 1.6%
price change
1mo
up 8.3%
price change
12-month return
up 6%
market up 11% ·
its own down 4%
F-score
—
— Not assessed
Altman Z″
0.31
Elevated risk
P/E
26.6×
price / earnings
PEG
6.46
P/E / EPS growth
P/B
2.2×
price / book
Earnings yield
up 4.2%
EBIT / enterprise value
Cheaper than
47%
of the market · around average
Revenue growth
up 12%
year on year
EPS growth
—
latest quarter
Sales growth
—
latest quarter
ROE
up 8%
return on equity
Free cash margin
down 7%
-$1.0B FCF
D/E
2.04
long-term debt / equity
Net debt / EBITDA
11.5×
Interest cover
—EBIT / interest
Trade setup
ATR%
1.5%
$0.71 a day · 2×ATR $45.49
RS
45 / 99
vs the universe
Trend
3 / 8
trend template
Relative volume
1.2×
vs 50-day average
Up/down volume
1.33
50 sessions
Implied move
—
no scheduled report
Trend template · 3 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: fails
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: fails
- Price above the 50-day average: passes
- At least 30% above the 52-week low: fails
- Within 25% of the 52-week high: passes
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Heavily indebted Net debt is 11.5 times EBITDA — roughly 12 years of earnings before interest, tax and depreciation to repay borrowings in full.
Last reported
Oct 27, 2026
Results reaction
Oct 27, 20260% vs market2 sessions after results
Options
$216,35016.9% IV · activity
Financials
- Net 7%
- Free cash -7%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $10.7B | $11.1B | $12.5B | $12.9B | $13.5B | $15.1B |
| Operating income | $2.2B | $1.7B | $1.9B | $2.3B | $2.4B | $2.2B |
| Net income | $1.1B | $1.3B | $406.0M | $1.1B | $978.0M | $1.0B |
| Net margin | 10% | 12% | 3% | 9% | 7% | 7% |
| Earnings per share | $1.99 | $2.35 | $0.71 | $1.92 | $1.69 | $1.76 |
| Free cash flow | -$1.2B | $324.0M | -$165.0M | -$2.0B | -$1.1B | -$1.0B |
| Free cash margin | -12% | 3% | -1% | -15% | -8% | -7% |
| Cash | $1.7B | $1.5B | $160.0M | $137.0M | $111.0M | $57.0M |
| Long-term debt | $22.1B | $22.2B | $21.2B | $22.9B | $22.5B | $25.5B |
| Shareholders' equity | $7.2B | $8.7B | $10.2B | $10.4B | $12.5B | $12.5B |
| Shares outstanding | 543.12m | 570.26m | 572.13m | 574.34m | 576.61m | 577.85m |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $45 – $48 ±3.0% by Nov 20, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- Bigger 16.9% priced · 14.1% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- Choppier
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs less
Positioning
- Premium traded
- $216,350 calls $67,665 · puts $148,686 · latest session
- 2.20× +1.67 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls +785 · puts +895 past week
For options traders: ATM IV 16.9% (-3.2% 1w) · 1m ÷ 3m IV 1.03 · 25Δ skew 2.0 pts · Net GEX $3.9M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Apr 28, 2026 | Quarterly ↗ | Mar 31, 2026 | 28d |
| Feb 18, 2026 | Annual ↗ | Dec 31, 2025 | 49d |
| Oct 28, 2025 | Quarterly ↗ | Sep 30, 2025 | 28d |
| Jul 30, 2025 | Quarterly ↗ | Jun 30, 2025 | 30d |
| Apr 30, 2025 | Quarterly ↗ | Mar 31, 2025 | 30d |
| Feb 27, 2025 | Annual ↗ | Dec 31, 2024 | 58d |
| Oct 29, 2024 | Quarterly ↗ | Sep 30, 2024 | 29d |
| Jul 30, 2024 | Quarterly ↗ | Jun 30, 2024 | 30d |
| Apr 25, 2024 | Quarterly ↗ | Mar 31, 2024 | 25d |
| Feb 13, 2024 | Annual ↗ | Dec 31, 2023 | 44d |
| Oct 26, 2023 | Quarterly ↗ | Sep 30, 2023 | 26d |
| Aug 1, 2023 | Quarterly ↗ | Jun 30, 2023 | 32d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 27, 2026 | Results · Regulation FD ↗ |
| Jul 28, 2026 | Results · Regulation FD ↗ |
| Jun 1, 2026 | Regulation FD ↗ |
| May 20, 2026 | Material agreement · Shareholder vote ↗ |
| Apr 28, 2026 | Results · Regulation FD ↗ |
| Feb 17, 2026 | Results · Regulation FD ↗ |
| Feb 12, 2026 | Director or officer change ↗ |
| Dec 9, 2025 | Regulation FD ↗ |
| Nov 20, 2025 | Regulation FD ↗ |
| Oct 22, 2025 | Results · Regulation FD ↗ |
| Sep 29, 2025 | Director or officer change ↗ |
| Jul 30, 2025 | Results · Regulation FD ↗ |