FirstEnergy Corp. Stock
€39.20
Your prediction
FirstEnergy Corp. Stock
Pros and Cons of FirstEnergy Corp. in the next few years
Pros
Cons
Performance of FirstEnergy Corp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| FirstEnergy Corp. | -1.520% | -2.488% | 1.554% | 13.229% | 18.680% | 23.620% | -9.771% |
| AES Corporation | 0.830% | 7.096% | 10.816% | 8.543% | -0.823% | -14.963% | 19.269% |
| Consolidated Edison Inc. | -1.890% | -1.168% | 2.533% | 8.635% | 13.675% | 49.438% | 13.953% |
| Duke Energy Corp. | -1.470% | -1.024% | 2.434% | 17.390% | 19.132% | 22.863% | 22.173% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.When considering the financials of FirstEnergy Corp (US symbol: FE), it’s clear that this electrical utility company has generated a mixed bag of results over recent years. The financial statements reveal key insights about its performance, strengths, and weaknesses—valuable information for any private investor looking to price their investment appropriately.
First Energy’s balance sheet indicates considerable depth and complexity. The company reported total assets of approximately $48.8 billion in 2023, a jump from $46.1 billion in 2022, and $45.4 billion in 2021. This upward trend in assets is a positive signal, suggesting growth and investment in infrastructure, crucial for a utility company. However, it's vital to note the liabilities, which sit at $37.9 billion in 2023, up from the previous years, alongside stockholder equity at around $10.4 billion. The total liabilities-to-equity ratio indicates a rising dependency on debt financing, which raises questions regarding financial stability, especially considering the market volatility in utility sectors marked by unpredictable energy prices.
On to the pros and cons of the balance sheet:
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