FirstEnergy
FirstEnergy Corp. (NASDAQ: FE) operates as one of the nation's largest investor-owned electric utility systems, serving over six million customers across the Midwest and Mid-Atlantic regions. The company's website is located at www.firstenergycorp.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What FirstEnergy does
In the company’s own words
FirstEnergy Corp. (NASDAQ: FE) operates as one of the nation's largest investor-owned electric utility systems, serving over six million customers across the Midwest and Mid-Atlantic regions. The company's website is located at www.firstenergycorp.com.
FirstEnergy's core business involves the transmission, distribution, and generation of electricity through a diversified portfolio of regulated subsidiaries. The company operates across three primary reportable segments. The Distribution segment consists of Ohio Companies and FirstEnergy Pennsylvania Electric Company, representing an $11.1 billion rate base and serving approximately 4.3 million customers in Ohio and Pennsylvania. The Integrated segment includes Jersey Central Power & Light Company, Monongahela Power Company, and Potomac Edison Company, representing a $10.2 billion rate base and serving approximately two million customers in New Jersey, West Virginia, and Maryland, while also operating 3,610 megawatts of regulated generation capacity. The Stand-Alone Transmission segment, consisting of FirstEnergy Transmission and Keystone Appalachian Transmission Company, represents a $5.4 billion FirstEnergy-owned rate base and operates high-voltage transmission facilities across the PJM region.
FirstEnergy's service territory encompasses approximately 65,000 square miles across Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York, serving a population of approximately 14 million. The company operates more than 24,000 miles of transmission lines and maintains two regional transmission operation centers. As of December 31, 2025, FirstEnergy employed 11,186 employees located throughout the United States, with approximately 44 percent represented by unions including the International Brotherhood of Electrical Workers and the Utility Workers Union of America.
The company's business model centers on regulated utility operations with cost-based rate structures established by state and federal regulatory authorities. FirstEnergy's competitive advantages include its extensive transmission and distribution infrastructure, diversified geographic footprint, established regulatory relationships, and integrated operations combining generation, transmission, and distribution capabilities. The company continues to invest substantially in infrastructure modernization and grid reliability improvements across its service territories.
Company details
- Sector
- Utilities
- Industry (SIC)
- Electric, Gas & Water
- Headquarters
- AKRON, OH
- Fiscal year end
- December
- CIK
- 1031296
- SIC
- 4911
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns FirstEnergy — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · FirstEnergy’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
FirstEnergy’s bonds, as funds hold them
Funds report holding 28 issues of FirstEnergy’s debt, $2.43B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.85%, maturing 2027 to 2050.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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