FirstEnergy (FirstEnergy) Net Margin %

: 5.56% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. FirstEnergy's Net Income for the three months ended in Dec. 2023 was $175 Mil. FirstEnergy's Revenue for the three months ended in Dec. 2023 was $3,146 Mil. Therefore, FirstEnergy's net margin for the quarter that ended in Dec. 2023 was 5.56%.

The historical rank and industry rank for FirstEnergy's Net Margin % or its related term are showing as below:

FE' s Net Margin % Range Over the Past 10 Years
Min: -57.73 Med: 6.06 Max: 11.97
Current: 8.56

FE's Net Margin % is ranked better than
53.5% of 514 companies
in the Utilities - Regulated industry
Industry Median: 7.955 vs FE: 8.56

FirstEnergy Net Margin % Historical Data

The historical data trend for FirstEnergy's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FirstEnergy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

8.26

10.00

11.53

3.26

8.56

FirstEnergy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																-12.68	9.04	7.82	11.47	5.56

Competitive Comparison

For the Utilities - Regulated Electric subindustry, FirstEnergy's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FirstEnergy Net Margin % Distribution

For the Utilities - Regulated industry and Utilities sector, FirstEnergy's Net Margin % distribution charts can be found below:

* The bar in red indicates where FirstEnergy's Net Margin % falls into.

FirstEnergy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

FirstEnergy's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	1102	/	12870
	=	8.56 %

FirstEnergy's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	175	/	3146
	=	5.56 %

FirstEnergy (NYSE:FE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

FirstEnergy Net Margin % Related Terms

Thank you for viewing the detailed overview of FirstEnergy's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

FirstEnergy (FirstEnergy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » FirstEnergy Corp (NYSE:FE) » Definitions » Net Margin %

Comparable Companies

ETR DTE ES PPL AEE WEC CNP CMS EIX XEL NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

FE7:Germany

Address

76 South Main Street, Akron, OH, USA, 44308

Website

https://www.firstenergycorp.com

FirstEnergy is an investor-owned holding company with 10 regulated distribution utilities across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems.

Executives

Christine Walker	officer: VP, Human Resources	76 SOUTH MAIN STREET, AKRON OH 44308
Brian X Tierney	director, officer: President and CEO	76 S. MAIN ST., AKRON OH 44308
Jana T Croom	director	1205 KIMBALL BLVD., JASPER IN 47546
Sean Klimczak	director	C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Paul J Kaleta	director	P O BOX 30150, RENO NV 89520
Lisa Winston Hicks	director	76 S. MAIN ST, AKRON OH 44308
Melvin D. Williams	director	76 SOUTH MAIN STREET, AKRON OH 44308
Jesse Lynn	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Andrew Teno	director	C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Somerhalder John W Ii	director, officer: Vice Chair & Exec Director	76 SOUTH MAIN STREET, AKRON OH 44308
Hyun Park	officer: SVP & CLO	76 SOUTH MAIN STREET, AKRON OH 44308
Christopher D Pappas	director	C/O 76 SOUTH MAIN STREET, AKRON OH 44308
Leila L Vespoli	officer: Sr. Vice Pres & Gen. Counsel	C/O FIRSTENERGY CORP, 76 SOUTH MAIN STREET, AKRON OH 44308
James F Pearson	officer: Treasurer	76 SOUTH MAIN STREET, AKRON OH 44308
Leslie M Turner	director	THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17036