FirstEnergy Corporation (FE)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 46.87% | 46.53% | 44.83% | 55.49% | 63.90% | 62.17% | 62.16% | 61.93% | 63.14% | 64.81% | 66.44% | 68.20% | 69.05% | 70.12% | 71.12% | 71.19% | 71.55% | 70.70% | 70.06% | 69.58% |
| Operating profit margin | 17.63% | 17.33% | 17.19% | 18.00% | 17.61% | 18.60% | 17.36% | 17.35% | 17.75% | 14.53% | 16.06% | 15.15% | 15.50% | 17.22% | 18.21% | 20.26% | 20.04% | 21.81% | 21.56% | 22.22% |
| Pretax margin | 11.16% | 10.35% | 9.86% | 11.34% | 11.38% | 12.22% | 12.06% | 11.56% | 11.55% | 12.90% | 13.76% | 13.23% | 14.00% | 11.77% | 12.54% | 14.68% | 10.46% | 6.08% | 5.37% | 5.83% |
| Net profit margin | 7.26% | 6.64% | 6.61% | 8.22% | 8.56% | 4.20% | 3.69% | 3.37% | 3.40% | 10.35% | 11.78% | 10.85% | 11.53% | 9.97% | 9.98% | 12.40% | 10.00% | 6.64% | 6.10% | 6.10% |
FirstEnergy Corporation's profitability ratios have shown fluctuations over the reported periods.
1. Gross profit margin: The gross profit margin steadily declined from 69.58% in March 2020 to 63.14% in December 2022. There was a slight increase to 63.90% by December 2023, but a significant drop to 46.87% by December 2024.
2. Operating profit margin: The operating profit margin also experienced variations, with a peak of 22.22% in March 2020 and a low of 15.50% in December 2021. It showed some recovery in the following periods, reaching 18.00% by March 2024.
3. Pretax margin: The pretax margin fluctuated between 5.37% and 14.68% throughout the reported periods. It peaked in March 2021 but declined to 9.86% by June 2024.
4. Net profit margin: The net profit margin showed a similar pattern of fluctuations, ranging from 3.37% in March 2023 to 12.40% in March 2021. However, it dropped significantly to 3.37% in March 2023 before partially recovering to 7.26% by December 2024.
Overall, the declining trend in gross profit margin and the fluctuations in operating, pretax, and net profit margins indicate varying levels of profitability for FirstEnergy Corporation during the reported periods.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.56% | 4.59% | 4.45% | 4.54% | 4.65% | 5.05% | 4.76% | 4.74% | 4.80% | 3.87% | 4.12% | 3.87% | 3.80% | 4.32% | 4.48% | 4.96% | 4.86% | 5.55% | 5.53% | 5.73% |
| Return on assets (ROA) | 1.88% | 1.76% | 1.71% | 2.07% | 2.26% | 1.14% | 1.01% | 0.92% | 0.92% | 2.76% | 3.03% | 2.77% | 2.82% | 2.50% | 2.45% | 3.04% | 2.43% | 1.69% | 1.56% | 1.57% |
| Return on total capital | 21.04% | 20.42% | 19.35% | 20.77% | 24.29% | 24.91% | 24.15% | 23.85% | 24.33% | 24.22% | 25.00% | 30.26% | 30.80% | 31.88% | 32.52% | 35.33% | 29.13% | 22.84% | 22.12% | 24.01% |
| Return on equity (ROE) | 7.85% | 7.18% | 7.00% | 8.57% | 10.56% | 5.17% | 4.53% | 4.17% | 4.17% | 11.47% | 12.57% | 14.12% | 14.79% | 14.68% | 14.66% | 18.21% | 14.91% | 10.10% | 9.28% | 9.72% |
FirstEnergy Corporation's profitability ratios show a declining trend over the years.
1. Operating return on assets (Operating ROA) ranged from 5.73% on March 31, 2020, to 4.56% on December 31, 2024. This ratio indicates how effectively the company is generating profits from its operational assets, and the decrease suggests a declining operational efficiency over time.
2. Return on assets (ROA) also followed a downward trajectory, starting at 1.57% on March 31, 2020, and decreasing to 1.88% on December 31, 2024. ROA measures the company's ability to generate profits from its total assets, and the decline indicates a diminishing ability to generate returns on all assets.
3. Return on total capital peaked at 35.33% on March 31, 2021, but gradually decreased to 21.04% on December 31, 2024. This ratio reflects the efficiency of the company in generating returns from both debt and equity investments, showing a decreasing trend in the company's overall profitability.
4. Return on equity (ROE) also experienced a decline, starting at 9.72% on March 31, 2020, and dropping to 7.85% on December 31, 2024. ROE measures the company's ability to generate profits from shareholders' equity, and the decreasing trend suggests a reduction in shareholder value and profitability.
In summary, the profitability ratios of FirstEnergy Corporation demonstrate a consistent decline over the years, indicating challenges in maintaining operational efficiency, generating returns on assets, optimizing capital utilization, and delivering shareholder value.