FirstEnergy (FE) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

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	$8.15B
SO	Southern Company	$25.25B	$7.27B
EXC	Exelon	$21.73B	$6.15B
AEP	American Electric Power Company	$18.98B	$5.42B
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	$2.64B
CNP	CenterPoint Energy	$8.70B	$1.86B
AEE	Ameren	$7.50B	$2.17B
PNW	Pinnacle West Capital	$4.70B	$1.77B
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.