FE - NYSE

FirstEnergy Corp.

FirstEnergy Corp.

FEยทNYSE

$45.64

+0.22%
UtilitiesRegulated Electric

FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. It operates 24,074 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 273,295 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits. The company serves approximately 6 million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was incorporated in 1996 and is headquartered in Akron, Ohio.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$26.40B
EPS1.7700
P/E Ratio25.79
Earnings Date07/29/2026
FirstEnergy Corp.

FirstEnergy Corp. Fair Value Envelope

FE ยท NYSE

Our analysis suggests that FE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $45.64, this represents a potential HIDDEN relative to our calculated worth for FirstEnergy Corp..

HIDDEN
Intrinsic Value
Current Price: $45.64

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$99.5B
+ Cash & Equivalents$99.0M
Firm Value$99.6B
- Debt$27.1B
Equity Value$72.6B
/ Shares Outstanding577,665,555B
DCF Value$126
UNDERVALUED BY 175%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$4.1B
$4.6B
$5.2B
$5.8B
$6.5B
$7.2B
$8.1B
$9.0B
$10.1B
$11.3B
Maintenance CapEx
-$1.1B
-$1.2B
-$1.3B
-$1.5B
-$1.6B
-$1.8B
-$2.0B
-$2.3B
-$2.6B
-$2.9B
Owner Earnings
$3.1B
$3.4B
$3.9B
$4.3B
$4.8B
$5.4B
$6.0B
$6.7B
$7.5B
$8.4B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$2.9B
$3.0B
$3.1B
$3.2B
$3.3B
$3.4B
$3.5B
$3.6B
$3.8B
$3.9B
Terminal Value represents 66.4% of Enterprise Value

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