FirstEnergy Historical Income Statement
| FE Stock | USD 39.61 0.05 0.13% |
Historical analysis of FirstEnergy income statement accounts such as Total Revenue of 13 B can show how well FirstEnergy performed in making a profits. Evaluating FirstEnergy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FirstEnergy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining FirstEnergy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FirstEnergy is a good buy for the upcoming year.
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About FirstEnergy Income Statement Analysis
FirstEnergy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FirstEnergy shareholders. The income statement also shows FirstEnergy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
FirstEnergy Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts FirstEnergy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of FirstEnergy minus its cost of goods sold. It is profit before FirstEnergy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FirstEnergy. It is also known as FirstEnergy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from FirstEnergy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of FirstEnergy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from FirstEnergy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FirstEnergy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.At present, FirstEnergy's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 1 B, whereas Interest Expense is forecasted to decline to about 624 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 7.9B | 8.2B | 9.1B | 8.3B | Total Revenue | 12.5B | 12.9B | 13.5B | 13.0B |
FirstEnergy income statement Correlations
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FirstEnergy Account Relationship Matchups
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FirstEnergy income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 1.2B | 1.6B | 1.0B | 1.2B | 1.6B | 1.4B | |
| Interest Expense | 962M | 988M | 1.1B | 1.0B | 1.0B | 624.0M | |
| Total Revenue | 10.8B | 11.1B | 12.5B | 12.9B | 13.5B | 13.0B | |
| Gross Profit | 7.7B | 7.7B | 7.9B | 8.2B | 9.1B | 8.3B | |
| Operating Income | 2.2B | 2.7B | 2.6B | 2.3B | 2.4B | 1.2B | |
| Ebit | 2.2B | 2.7B | 2.4B | 2.5B | 2.5B | 2.2B | |
| Ebitda | 3.4B | 4.2B | 3.5B | 3.7B | 4.1B | 3.6B | |
| Cost Of Revenue | 3.1B | 3.4B | 4.6B | 4.6B | 4.4B | 4.8B | |
| Total Operating Expenses | 6.0B | 5.5B | 5.9B | 6.0B | 6.7B | 6.1B | |
| Income Before Tax | 1.1B | 1.6B | 1.4B | 1.5B | 1.5B | 1.6B | |
| Total Other Income Expense Net | (1.0B) | (167M) | (471M) | (802M) | (871M) | (914.6M) | |
| Net Income | 1.1B | 1.3B | 406M | 1.1B | 978M | 1.0B | |
| Income Tax Expense | 126M | 320M | 1B | 267M | 377M | 272.6M | |
| Net Income Applicable To Common Shares | 908M | 1.1B | 1.3B | 406M | 365.4M | 325.0M | |
| Selling General Administrative | 477M | 382M | 72M | 78M | 70.2M | 66.7M | |
| Discontinued Operations | 326M | 8M | 76M | 44M | 50.6M | 53.1M | |
| Net Income From Continuing Ops | 1.0B | 1.2B | 439M | 1.2B | 1.1B | 1.2B | |
| Non Operating Income Net Other | (431M) | (45M) | 899M | 484M | 556.6M | 584.4M | |
| Tax Provision | 126M | 320M | 1B | 267M | 377M | 395.9M | |
| Interest Income | 962M | 988M | 1.1B | 787M | 708.3M | 774M | |
| Net Interest Income | (988M) | (1.1B) | (955M) | (1.0B) | (1.0B) | (1.1B) | |
| Reconciled Depreciation | 1.2B | 1.6B | 1.3B | 1.3B | 1.6B | 1.1B |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstEnergy. If investors know FirstEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.486 | Dividend Share 1.685 | Earnings Share 1.7 | Revenue Per Share | Quarterly Revenue Growth 0.01 |
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.