FirstEnergy Corporation (FE)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,375,000 | 2,266,000 | 2,623,000 | 2,746,000 | 2,162,000 |
| Revenue | US$ in thousands | 13,472,000 | 12,870,000 | 12,459,000 | 11,132,000 | 10,790,000 |
| Operating profit margin | 17.63% | 17.61% | 21.05% | 24.67% | 20.04% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,375,000K ÷ $13,472,000K
= 17.63%
The operating profit margin of FirstEnergy Corporation has displayed fluctuations over the past five years. The margin increased from 20.04% as of December 31, 2020, to 24.67% as of December 31, 2021, indicating improved operational efficiency and profitability. However, by December 31, 2022, the margin slightly decreased to 21.05%. Subsequently, there was a notable decline in the operating profit margin to 17.61% by December 31, 2023, followed by a marginal increase to 17.63% by December 31, 2024. These variations in the operating profit margin suggest that FirstEnergy Corporation may have experienced challenges in managing its operating expenses and generating consistent profitability in recent years.
Peer comparison
Dec 31, 2024