FirstEnergy Corporation (FE)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 978,000 | 892,000 | 873,000 | 1,063,000 | 1,102,000 | 542,000 | 476,000 | 428,000 | 424,000 | 1,236,000 | 1,365,000 | 1,236,000 | 1,283,000 | 1,098,000 | 1,089,000 | 1,340,000 | 1,079,000 | 726,000 | 663,000 | 662,000 |
| Total stockholders’ equity | US$ in thousands | 12,455,000 | 12,427,000 | 12,474,000 | 12,397,000 | 10,437,000 | 10,474,000 | 10,510,000 | 10,253,000 | 10,166,000 | 10,774,000 | 10,858,000 | 8,755,000 | 8,675,000 | 7,479,000 | 7,430,000 | 7,360,000 | 7,237,000 | 7,188,000 | 7,143,000 | 6,814,000 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $978,000K ÷ $12,455,000K
= 7.85%
FirstEnergy Corporation's return on equity (ROE) has exhibited fluctuations over the period from March 31, 2020 to December 31, 2024. The ROE started at 9.72% in March 2020 and saw a gradual decline to 9.28% by June 2020. However, there was an uptick in ROE to 10.10% by September 2020, and a significant improvement to 14.91% by December 2020.
The trend continued positively into 2021, with ROE reaching 18.21% by March 2021. Despite a slight decrease to 14.66% by June 2021, the ROE remained relatively stable around the 14-15% range for the rest of 2021.
In 2022, the ROE started to decline, dropping to 12.57% by June and further decreasing to 4.17% by December. Throughout 2023, the ROE remained low in the 4-5% range, indicating a period of lower profitability for the company.
By December 2023, there was a notable improvement in ROE to 10.56%, which continued into 2024 with ROE at 8.57% by March and 7.00% by June. The ROE saw a slight increase to 7.18% by September 2024 before rising to 7.85% by December 2024.
Overall, FirstEnergy Corporation's ROE has displayed variability over the period under review, with periods of both improvement and decline. It is important for investors and stakeholders to monitor these fluctuations in ROE to gauge the company's profitability and efficiency in generating returns for its shareholders.
Peer comparison
Dec 31, 2024