FirstEnergy

FirstEnergy Corp is an electric utility headquartered in Akron, Ohio. Its subsidiaries and affiliates are involved in the distribution, transmission, and generation of electricity, as well as energy management and other energy-related services.

Launch date

1997

Employees

5001-10000 people

Market cap

Enterprise valuation

€44.8b (Public information from Sep 2024)

Akron Ohio (HQ)

http://firstenergycorp.com/index.html

https://twitter.com/firstenergycorp https://www.facebook.com/firstenergycareers https://www.linkedin.com/company/firstenergy-corp

View job openings

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	10.8b	11.1b	12.5b	12.9b	13.5b	14.0b	14.5b
% growth	(2 %)	3 %	12 %	3 %	5 %	4 %	4 %
EBITDA	3.3b	4.3b	3.9b	4.0b	4.2b	4.6b	5.1b
% EBITDA margin	31 %	39 %	32 %	31 %	31 %	33 %	35 %
Profit	1.1b	1.3b	406m	1.1b	1.3b	1.7b	1.8b
% profit margin	10 %	12 %	3 %	9 %	10 %	12 %	13 %
EV / revenue	3.6x	4.1x	3.6x	3.6x	3.6x	3.6x	3.6x
EV / EBITDA	11.9x	10.6x	11.5x	11.5x	11.6x	10.8x	10.3x

Date	Investors	Amount	Round
Nov 1997	N/A	N/A	IPO
Jan 2018	GIC Bluescape Elliott Management Zimmer Lucas Partners	$2.5b	Post IPO Equity
May 2023*	N/A	$1.0b	Post IPO Convertible
Total Funding		-