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FirstEnergy (BSP:F1EC34) Gross-Profit-to-Asset % : 17.29% (As of Mar. 2024)


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What is FirstEnergy Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. FirstEnergy's annualized Gross Profit for the quarter that ended in Mar. 2024 was R$42,747 Mil. FirstEnergy's average Total Assets over the quarter that ended in Mar. 2024 was R$247,204 Mil. Therefore, FirstEnergy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 17.29%.


FirstEnergy Gross-Profit-to-Asset % Historical Data

The historical data trend for FirstEnergy's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

FirstEnergy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.98 19.74 17.90 16.54 16.76

FirstEnergy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.00 16.27 18.49 17.49 17.29

Competitive Comparison of FirstEnergy's Gross-Profit-to-Asset %

For the Utilities - Regulated Electric subindustry, FirstEnergy's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, FirstEnergy's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where FirstEnergy's Gross-Profit-to-Asset % falls into.



FirstEnergy Gross-Profit-to-Asset % Calculation

FirstEnergy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=40295.955/( (241854.903+238948.547)/ 2 )
=40295.955/240401.725
=16.76 %

FirstEnergy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=42746.604/( (238948.547+255458.76)/ 2 )
=42746.604/247203.6535
=17.29 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


FirstEnergy Gross-Profit-to-Asset % Related Terms

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FirstEnergy (BSP:F1EC34) Business Description

Traded in Other Exchanges
Address
76 South Main Street, Akron, OH, USA, 44308
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.

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