Earnings summaries and quarterly performance for FIRSTENERGY.
Executive leadership at FIRSTENERGY.
Brian Tierney
Detailed
President and Chief Executive Officer
CEO
HP
Hyun Park
Detailed
Senior Vice President, Chief Legal Officer
KJ
K. Jon Taylor
Detailed
Senior Vice President, Chief Financial Officer and Strategy
TT
Toby Thomas
Detailed
Chief Operating Officer
WS
Wade Smith
Detailed
President, FirstEnergy Utilities
Board of directors at FIRSTENERGY.
HB
Heidi Boyd
Detailed
Director
JO
James O’Neil III
Detailed
Director
JC
Jana Croom
Detailed
Director
JS
John Somerhalder II
Detailed
Director
LT
Leslie Turner
Detailed
Director
LW
Lisa Winston Hicks
Detailed
Lead Independent Director
MW
Melvin Williams
Detailed
Director
PK
Paul Kaleta
Detailed
Director
SD
Steven Demetriou
Detailed
Director
Research analysts who have asked questions during FIRSTENERGY earnings calls.
AW
Andrew Weisel
Scotiabank
8 questions for FE
Also covers: AEP, BKH, CEG +14 more
AC
Anthony Crowdell
Mizuho Financial Group
7 questions for FE
Also covers: AEE, AEP, AES +30 more
Carly Davenport
Goldman Sachs
7 questions for FE
Also covers: AEE, AEP, D +14 more
DA
David Arcaro
Morgan Stanley
7 questions for FE
Also covers: AEP, AES, ATO +35 more
JT
Jeremy Tonet
JPMorgan Chase & Co.
7 questions for FE
Also covers: AEE, AEP, AM +46 more
Nicholas Campanella
Barclays
6 questions for FE
Also covers: AEE, AEP, AES +33 more
RL
Ryan Levine
Citigroup
4 questions for FE
Also covers: AEP, AES, ATO +17 more
SP
Shahriar Pourreza
Guggenheim Partners
4 questions for FE
Also covers: AEE, AEP, AVA +29 more
Steve Fleishman
Wolfe Research, LLC
4 questions for FE
Also covers: AEP, CEG, CNP +15 more
Michael Lonegan
Evercore ISI
3 questions for FE
Also covers: AEP, DTE, EIX +7 more
PP
Paul Patterson
Glenrock Associates
3 questions for FE
Also covers: AEE, ES, ETR +7 more
Ross Fowler
Bank of America
3 questions for FE
Also covers: AEP, BKH, D +11 more
SK
Sophie Karp
KeyBanc Capital Markets Inc.
3 questions for FE
Also covers: AEE, AEP, AGR +14 more
NC
Nick Campanella
Barclays PLC
2 questions for FE
Also covers: ATO, EIX, PEG
Steven Fleishman
Wolfe Research
2 questions for FE
Also covers: AEP, CEG, CNP +18 more
AS
Agnieszka Storozynski
BofA Securities
1 question for FE
Also covers: AES, AGR, AWK +11 more
AC
Alexander Calvert
Guggenheim Securities, LLC
1 question for FE
AC
Anthony Crowder
Mizuho Securities
1 question for FE
PF
Paul Fremont
Ladenburg Thalmann
1 question for FE
Also covers: AEE, CNP, CPK +18 more
SK
Sophia Karp
KeyBanc Capital Markets
1 question for FE
William Appicelli
UBS
1 question for FE
Also covers: AEE, AEP, CMS +10 more
Recent press releases and 8-K filings for FE.
FirstEnergy reports Q4 2025 results
FE
Earnings
Guidance Update
New Projects/Investments
- Delivered 2025 GAAP EPS of $1.77 (vs $1.70 in 2024) and core EPS of $2.55, up 7.6% year-over-year, supporting a positive S&P ratings action.
- Deployed $5.6 billion in capital investments in 2025 (25% above 2024; 12% above plan) and launched a $36 billion, 5-year capex program targeting 6–8% core EPS CAGR from 2026–2030.
- Achieved a 10% improvement in distribution reliability, advanced key regulatory strategies, and declared $1.78 per share in dividends, a 5% increase from 2024.
- Planning rate filings in West Virginia and Maryland, plus an Ohio three-year rate plan, to drive 10% rate base growth through 2030 with 75% of investments in formula rates.
Feb 18, 2026, 2:00 PM
FirstEnergy reports Q4 2025 results and unveils $36 billion investment plan
FE
Earnings
Guidance Update
New Projects/Investments
- Delivered 2025 GAAP EPS of $1.77 (vs $1.70 in 2024) and core EPS of $2.55, up 7.6%, alongside a positive S&P ratings action.
- Announced a $36 billion 5-year capital program (2026–2030) focused on grid reliability, targeting 10% rate base growth and 6%–8% core EPS CAGR.
- Filed regulatory request for a 1.2 GW combined-cycle gas facility in West Virginia with $2.5 billion capex, EPC delivery, expected operational by 2031 upon approval.
- Invested $5.6 billion in 2025 capital (+25% YoY), achieved 15% O&M savings (> $200 million since 2022), and raised dividends 5% to $1.78/share.
Feb 18, 2026, 2:00 PM
FirstEnergy reports Q4 2025 results
FE
Earnings
Guidance Update
New Projects/Investments
- Delivered 2025 Core EPS of $2.55, up 7.6% versus 2024 and at the top end of guidance range
- Executed $5.6 B of investments in 2025, +25% YoY and ~12% above plan
- Received S&P upgrade on senior unsecured credit rating to BBB from BBB–
- Issued 2026 Core EPS guidance of $2.62–$2.82 per share (mid-point $2.72), ~7% growth vs. 2025
- Expanded 2026–2030 investment plan to $36 B, targeting 10% FE-Owned rate base CAGR
Feb 18, 2026, 2:00 PM
FirstEnergy reports Q4 2025 earnings and unveils $36B capex plan
FE
Earnings
Dividends
New Projects/Investments
- 2025 GAAP EPS of $1.77 and core EPS of $2.55, up 4% and 7.6% year-over-year.
- $5.6 B capital investments in 2025, a 25% increase over 2024, and unveiled a $36 B, 5-year capex plan targeting 10% rate base growth and 6%–8% core EPS CAGR through 2030.
- Achieved positive S&P ratings action, with 2025 ROE of 9.8% on a $27.8 B rate base, up from 9.4% on $25.6 B in 2024.
- Declared $1.78 per share in dividends for 2025, a 5% increase over 2024, reinforcing dividend growth.
Feb 18, 2026, 2:00 PM
FirstEnergy reports 2025 earnings and affirms 2026 guidance
FE
Earnings
Guidance Update
New Projects/Investments
- FirstEnergy reported 2025 GAAP EPS of $1.77 and Core EPS of $2.55 on revenues of $15.1 billion, marking a 7.6% Core EPS increase versus 2024.
- The company affirmed 2026 Core EPS guidance of $2.62 to $2.82, reflecting approximately 9% growth versus the original 2025 guidance midpoint.
- Announced a $36 billion capital investment plan for 2026–2030, targeting ~10% rate base CAGR and Core EPS CAGR at the top end of 6–8%.
- The Board approved an increased quarterly dividend, underscoring confidence in the company’s financial strength.
Feb 17, 2026, 9:25 PM
FirstEnergy reports 2025 results and 2026 guidance
FE
Earnings
Guidance Update
New Projects/Investments
- FirstEnergy delivered 2025 GAAP earnings of $1.77 per share on $15.1 billion revenue and Core EPS of $2.55, up 7.6% year-over-year.
- The company reaffirmed 2026 Core EPS guidance of $2.62–$2.82, reflecting 9% growth versus the original 2025 guidance midpoint.
- Announced a $36 billion capital investment plan for 2026–2030, including over $19 billion in transmission, to drive 10% rate base growth through 2030.
- Targets Core EPS CAGR near the top end of 6–8% from 2026 to 2030 under the Energize365 program.
Feb 17, 2026, 9:20 PM
FirstEnergy declares 46.5¢ quarterly dividend
FE
Dividends
Guidance Update
- The Board declared a $0.465 per-share quarterly dividend, a 4.5% increase from the prior quarter, payable June 1, 2026, to shareholders of record May 7, 2026.
- This dividend implies a 2026 annual rate of $1.86 per share (pending Board approval), compared with $1.78 in 2025.
- FirstEnergy expects to maintain a 60–70% payout ratio of Core (non-GAAP) earnings in 2026.
- The company serves over 6 million customers and operates approximately 24,000 miles of transmission lines across six states.
Feb 11, 2026, 9:20 PM
FirstEnergy reaches PUCO settlement delivering $275M to customers
FE
Legal Proceedings
New Projects/Investments
- Ohio’s PUCO approved a $275 million settlement returning $250 million in restitution and $5 million in additional credits to Ohio Edison, The Illuminating Company and Toledo Edison customers.
- Residential customers using 1,000 kWh/month will receive approximately $65.61 in bill credits over three months, with utility-specific monthly decreases of $17.81 (Toledo Edison), $13.27 (Ohio Edison) and $1.02 (The Illuminating Company) compared to January 2026 bills.
- The agreement allocates $20 million to support low-income bill assistance, weatherization and energy-efficiency programs.
- FirstEnergy will invest $14 billion in Ohio transmission and distribution infrastructure, workforce and facilities through 2029.
Jan 8, 2026, 5:37 PM
FirstEnergy reaches $275M settlement in Ohio PUCO proceedings
FE
Legal Proceedings
New Projects/Investments
- $275 million settlement reached to benefit Ohio customers: $250 M in restitution credited to 2026 bills and $25 M in additional residential relief (including $20 M for low-income assistance).
- Resolves four PUCO matters (Corporate Separation, Rider DMR, Rider DCR and Political & Charitable Spending), redirecting the initial $250 M payment fully to customers pending PUCO approval.
- Plans $14 billion investment in Ohio transmission and distribution infrastructure from 2025–2029 to enhance reliability and support economic growth.
Dec 19, 2025, 7:35 PM
FirstEnergy Corp issues 2026 financial guidance
FE
Guidance Update
Dividends
New Projects/Investments
- On December 9, 2025, FirstEnergy provided 2026 Core (non-GAAP) earnings guidance of $2.62–$2.82 per share (midpoint $2.72), representing 7.5% growth over its increased 2025 guidance midpoint and ~9% over the original 2025 midpoint.
- The guidance is underpinned by a $6 billion capital investment plan for 2026, a 9% increase from the $5.5 billion plan in 2025, focusing on distribution renewal, grid modernization, and transmission enhancements.
- Subject to board approval, FirstEnergy plans 2026 quarterly dividends totaling $1.86 per share, consistent with its 60–70% targeted payout ratio.
- The company reaffirmed its 6–8% Core EPS CAGR through 2029, guiding to the upper half of that range and intends to update its five-year plan in early 2026.
Dec 9, 2025, 12:28 PM
Quarterly earnings call transcripts for FIRSTENERGY.
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