FirstEnergy (FE) Revenue & Revenue Breakdown
FirstEnergy Revenue Highlights
Latest Revenue (Y)
$12.87B
Latest Revenue (Q)
$3.73B
Main Segment (Y)
Electricity, US Regulated
FirstEnergy Revenue by Period
FirstEnergy Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $12.87B | 3.30% |
| 2022-12-31 | $12.46B | 11.92% |
| 2021-12-31 | $11.13B | 3.17% |
| 2020-12-31 | $10.79B | -2.22% |
| 2019-12-31 | $11.04B | -2.01% |
| 2018-12-31 | $11.26B | -19.66% |
| 2017-12-31 | $14.02B | -3.74% |
| 2016-12-31 | $14.56B | -3.09% |
| 2015-12-31 | $15.03B | -0.15% |
| 2014-12-31 | $15.05B | 0.88% |
| 2013-12-31 | $14.92B | -2.52% |
| 2012-12-31 | $15.30B | -5.87% |
| 2011-12-31 | $16.26B | 21.88% |
| 2010-12-31 | $13.34B | 2.87% |
| 2009-12-31 | $12.97B | -4.84% |
| 2008-12-31 | $13.63B | 6.44% |
| 2007-12-31 | $12.80B | 11.31% |
| 2006-12-31 | $11.50B | -4.07% |
| 2005-12-31 | $11.99B | -3.73% |
| 2004-12-31 | $12.45B | 1.19% |
| 2003-12-31 | $12.31B | 1.28% |
| 2002-12-31 | $12.15B | 51.91% |
| 2001-12-31 | $8.00B | 13.81% |
| 2000-12-31 | $7.03B | 11.22% |
| 1999-12-31 | $6.32B | 7.82% |
| 1998-12-31 | $5.86B | 107.74% |
| 1997-12-31 | $2.82B | - |
FirstEnergy generated $12.87B in revenue during NA 2023, up 3.30% compared to the previous quarter, and up 114.29% compared to the same period a year ago.
FirstEnergy Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $3.73B | 13.69% |
| 2024-06-30 | $3.28B | -0.21% |
| 2024-03-31 | $3.29B | 4.48% |
| 2023-12-31 | $3.15B | -9.78% |
| 2023-09-30 | $3.49B | 16.00% |
| 2023-06-30 | $3.01B | -6.96% |
| 2023-03-31 | $3.23B | 1.70% |
| 2022-12-31 | $3.18B | -8.58% |
| 2022-09-30 | $3.48B | 23.31% |
| 2022-06-30 | $2.82B | -5.72% |
| 2022-03-31 | $2.99B | 12.37% |
| 2021-12-31 | $2.66B | -14.85% |
| 2021-09-30 | $3.12B | 19.15% |
| 2021-06-30 | $2.62B | -3.82% |
| 2021-03-31 | $2.73B | 7.45% |
| 2020-12-31 | $2.54B | -16.05% |
| 2020-09-30 | $3.02B | 19.83% |
| 2020-06-30 | $2.52B | -6.90% |
| 2020-03-31 | $2.71B | 1.35% |
| 2019-12-31 | $2.67B | -9.79% |
| 2019-09-30 | $2.96B | 17.77% |
| 2019-06-30 | $2.52B | -12.73% |
| 2019-03-31 | $2.88B | 6.38% |
| 2018-12-31 | $2.71B | -11.55% |
| 2018-09-30 | $3.06B | 13.31% |
| 2018-06-30 | $2.70B | -9.14% |
| 2018-03-31 | $2.98B | -13.54% |
| 2017-12-31 | $3.44B | -7.32% |
| 2017-09-30 | $3.71B | 12.24% |
| 2017-06-30 | $3.31B | -6.84% |
| 2017-03-31 | $3.55B | 5.24% |
| 2016-12-31 | $3.38B | -13.84% |
| 2016-09-30 | $3.92B | 15.17% |
| 2016-06-30 | $3.40B | -12.10% |
| 2016-03-31 | $3.87B | 9.26% |
| 2015-12-31 | $3.54B | -14.12% |
| 2015-09-30 | $4.12B | 18.99% |
| 2015-06-30 | $3.46B | -11.09% |
| 2015-03-31 | $3.90B | 11.89% |
| 2014-12-31 | $3.48B | -10.42% |
| 2014-09-30 | $3.89B | 11.21% |
| 2014-06-30 | $3.50B | -16.54% |
| 2014-03-31 | $4.19B | 14.86% |
| 2013-12-31 | $3.65B | -9.64% |
| 2013-09-30 | $4.04B | 14.69% |
| 2013-06-30 | $3.52B | -5.63% |
| 2013-03-31 | $3.73B | 22.46% |
| 2012-12-31 | $3.04B | -29.37% |
| 2012-09-30 | $4.31B | 11.42% |
| 2012-06-30 | $3.87B | -5.13% |
| 2012-03-31 | $4.08B | 4.48% |
| 2011-12-31 | $3.90B | -17.29% |
| 2011-09-30 | $4.72B | 16.23% |
| 2011-06-30 | $4.06B | 13.53% |
| 2011-03-31 | $3.58B | 11.16% |
| 2010-12-31 | $3.22B | -13.71% |
| 2010-09-30 | $3.73B | 19.18% |
| 2010-06-30 | $3.13B | -5.18% |
| 2010-03-31 | $3.30B | 11.68% |
| 2009-12-31 | $2.95B | -13.32% |
| 2009-09-30 | $3.41B | 4.19% |
| 2009-06-30 | $3.27B | -1.89% |
| 2009-03-31 | $3.33B | 4.15% |
| 2008-12-31 | $3.20B | -18.01% |
| 2008-09-30 | $3.90B | 20.31% |
| 2008-06-30 | $3.25B | -0.98% |
| 2008-03-31 | $3.28B | 6.43% |
| 2007-12-31 | $3.08B | - |
FirstEnergy generated $3.73B in revenue during Q3 2024, up 13.69% compared to the previous quarter, and up 124.05% compared to the same period a year ago.
FirstEnergy Revenue Breakdown
FirstEnergy Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Electric Transmission | $2.05B | $1.86B | - | - | - |
| Electric Worldwide Unregulated Revenue | $416.00M | $680.00M | - | - | - |
| Electricity, US Regulated | $10.40B | $9.92B | - | - | - |
| Transmission Services | - | - | $1.61B | $1.61B | $1.51B |
| Wholesale Sales | - | - | $376.00M | $260.00M | $423.00M |
| Derivative Revenue | - | - | $11.00M | $14.00M | $8.00M |
| Alternative Revenue Program | - | - | $-27.00M | - | - |
| Product and Service, Other | - | - | $47.00M | - | - |
| Distribution Services | - | - | $9.01B | $8.69B | $8.72B |
| Other Services | - | - | $515.00M | $489.00M | $805.00M |
| Retail Generation | - | - | $3.68B | $3.52B | $3.67B |
FirstEnergy's latest annual revenue breakdown by segment (product or service), as of Dec 23: Electricity, US Regulated (80.85%), Electric Transmission (15.92%), and Electric Worldwide Unregulated Revenue (3.23%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Regulated Transmission | $475.00M | $468.00M | $438.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Regulated Distribution | $1.82B | $1.65B | $1.77B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Electric Transmission | - | - | - | $563.00M | $508.00M | $518.00M | $460.00M | $470.00M | $502.00M | - | - | - | - | - | - | - | - | - | - | - |
| Electricity, US Regulated | - | - | - | $2.48B | $2.87B | $2.38B | $2.68B | $2.58B | $2.77B | - | - | - | - | - | - | - | - | - | - | - |
| Electric Worldwide Unregulated Revenue | - | - | - | $102.00M | $110.00M | $113.00M | $91.00M | $125.00M | $206.00M | - | - | - | - | - | - | - | - | - | - | - |
| Retail Generation | - | - | - | - | - | - | - | - | - | $982.00M | $1.08B | $1.04B | $818.00M | $923.00M | $828.00M | $989.00M | $811.00M | $889.00M | $859.00M | - |
| Product and Service, Other | - | - | - | - | - | - | - | - | - | $12.00M | $19.00M | $14.00M | $11.00M | $12.00M | $10.00M | $14.00M | $14.00M | $12.00M | - | - |
| Distribution Services | - | - | - | - | - | - | - | - | - | $1.19B | $1.32B | $1.51B | $1.28B | $1.31B | $1.24B | $1.48B | $1.22B | $1.24B | $1.21B | - |
| Transmission Services | - | - | - | - | - | - | - | - | - | $440.00M | $451.00M | $411.00M | $411.00M | $401.00M | $428.00M | $408.00M | $380.00M | $397.00M | $420.00M | - |
| Wholesale Sales | - | - | - | - | - | - | - | - | - | $167.00M | $96.00M | $122.00M | $77.00M | $73.00M | $66.00M | $70.00M | $52.00M | $72.00M | $98.00M | - |
| Other Services | - | - | - | - | - | - | - | - | - | $29.00M | $26.00M | $30.00M | $26.00M | $33.00M | $38.00M | $35.00M | $31.00M | $36.00M | $38.00M | - |
| Derivative Revenue | - | - | - | - | - | - | - | - | - | - | $9.00M | $8.00M | $6.00M | $1.00M | - | - | - | - | - | - |
| Alternative Revenue Program | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-27.00M | $25.00M | $15.00M | $68.00M | - | - |
FirstEnergy's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Regulated Distribution (79.28%), and Regulated Transmission (20.72%).
FirstEnergy Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DUK | Duke Energy | $29.06B | $7.17B |
| SO | Southern Company | $25.25B | $7.27B |
| EXC | Exelon | $21.73B | $6.15B |
| AEP | American Electric Power Company | $18.98B | $4.63B |
| EIX | Edison | $16.34B | $5.37B |
| ED | Consolidated Edison | $14.66B | $3.22B |
| XEL | Xcel Energy | $14.21B | $3.64B |
| D | Dominion Energy | $13.69B | $3.94B |
| FE | FirstEnergy | $12.87B | $3.73B |
| DTE | DTE Energy Company | $12.74B | $2.91B |
| ETR | Entergy | $12.15B | $3.39B |
| PEG | Public Service Enterprise Group | $11.24B | $2.42B |
| CNP | CenterPoint Energy | $8.70B | $1.86B |
| AEE | Ameren | $7.50B | $1.69B |
| PNW | Pinnacle West Capital | $4.70B | $1.31B |
| LNT | Alliant Energy | $4.03B | $1.01B |
FE Revenue FAQ
What is FirstEnergy’s yearly revenue?
FirstEnergy's yearly revenue for 2023 was $12.87B, representing an increase of 3.30% compared to 2022. The company's yearly revenue for 2022 was $12.46B, representing an increase of 11.92% compared to 2021. FE's yearly revenue for 2021 was $11.13B, representing an increase of 3.17% compared to 2020.
What is FirstEnergy’s quarterly revenue?
FirstEnergy's quarterly revenue for Q3 2024 was $3.73B, a 13.69% increase from the previous quarter (Q2 2024), and a 6.94% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $3.28B, a -0.21% decrease from the previous quarter (Q1 2024), and a 9.12% increase year-over-year (Q2 2023). FE's quarterly revenue for Q1 2024 was $3.29B, a 4.48% increase from the previous quarter (Q4 2023), and a 1.73% increase year-over-year (Q1 2023).
What is FirstEnergy’s revenue growth rate?
FirstEnergy's revenue growth rate for the last 3 years (2021-2023) was 15.61%, and for the last 5 years (2019-2023) was 16.63%.
What are FirstEnergy’s revenue streams?
FirstEnergy's revenue streams in c 23 are Electric Transmission, Electric Worldwide Unregulated Revenue, and Electricity, US Regulated. Electric Transmission generated $2.05B in revenue, accounting 15.92% of the company's total revenue, up 9.98% year-over-year. Electric Worldwide Unregulated Revenue generated $416M in revenue, accounting 3.23% of the company's total revenue, down -38.82% year-over-year. Electricity, US Regulated generated $10.4B in revenue, accounting 80.85% of the company's total revenue, up 4.93% year-over-year.
What is FirstEnergy’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of FirstEnergy was Electricity, US Regulated. This segment made a revenue of $10.4B, representing 80.85% of the company's total revenue.