FirstEnergy Corp. Website

FirstEnergy Corp.

NYSE-FE

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

10,039

10,118

10,428

11,588

12,269

12,642

Other Revenues, Total

—

—

805

489

515

680

416

373

Total Revenues

10,844

10,607

10,943

12,268

12,685

13,015

Total Revenues % Chg.

-2%

-2.2%

3.2%

12.1%

3.4%

2.5%

Cost of Goods Sold, Total

3,154

2,834

3,525

4,037

4,200

3,996

Gross Profit

7,690

7,773

7,418

8,231

8,485

9,019

Selling General & Admin Expenses, Total

723

537

-959

-305

247

295

Depreciation & Amortization

1,220

1,274

1,302

1,375

1,461

1,517

Other Operating Expenses

3,911

4,277

4,198

4,873

4,679

5,134.5

Other Operating Expenses, Total

5,854

6,088

4,541

5,943

6,387

6,946.5

Operating Income

1,836

1,685

2,877

2,288

2,098

2,072.5

Interest Expense, Total

-1,007

-1,037

-1,112

-1,011

-1,071

-1,115

Interest And Investment Income

—

—

—

—

—

—

—

—

—

—

Net Interest Expenses

-1,007

-1,037

-1,112

-1,011

-1,071

-1,115

Income (Loss) On Equity Invest.

—

—

—

—

—

—

2

31

168

175

127

Other Non Operating Income (Expenses)

288

479

-114

165

298

321

EBT, Excl. Unusual Items

1,117

1,129

1,682

1,610

1,500

1,405.5

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Assets

—

—

—

—

—

—

—

109

—

—

—

Asset Writedown

—

—

—

—

—

—

—

—

—

Legal Settlements

—

—

—

—

—

—

—

—

—

—

-19.5

Other Unusual Items

—

—

—

—

—

—

—

-232

-171

-36

-85

EBT, Incl. Unusual Items

1,117

1,129

1,559

1,439

1,464

1,301

Income Tax Expense

213

126

320

1,000

267

303

Earnings From Continuing Operations

904

1,003

1,239

439

1,197

998

Earnings Of Discontinued Operations

—

8

76

44

—

-21

-21

Minority Interest

—

—

—

—

—

—

—

—

-33

-74

-104

Net Income

912

1,079

1,283

406

1,102

873

Preferred Dividend and Other Adjustments

—

—

—

—

4

—

—

—

—

—

Net Income to Common Incl Extra Items

908

1,079

1,283

406

1,102

873

Net Income to Common Excl. Extra Items

900

1,003

1,239

406

1,123

894

Total Shares Outstanding

540.7

543.1

570.3

572.1

574.3

575.9

Weighted Avg. Shares Outstanding

535

542

545

571

573

574

Weighted Avg. Shares Outstanding Dil

542

543

546

572

574

575

EPS

1.7

2

2.4

0.7

1.9

1.5

EPS Diluted

1.7

2

2.4

0.7

1.9

1.5

EBITDA

3,132

2,937

4,272

3,970

3,639

3,778.5

Effective Tax Rate

19.1%

11.2%

20.5%

69.5%

18.2%

23.3%