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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
—
Company details
Market cap
~$29B
P/E ratio
~16×
Div yield
~4.1%
Core EPS (2025)
$2.55
GAAP EPS (2025)
$1.77
Revenue (2025)
~$15.1B
Customers
~6M
Capital plan
~$36B (2026–30)
In plain English
FirstEnergy is one of the largest US regulated electric utilities — the poles, wires and high-voltage grid that deliver power to ~6 million homes and businesses across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. It buys most of its electricity from the wholesale market (it owns almost no generation outside a regulated coal-and-gas fleet in West Virginia) and earns a state- and FERC-approved return on the ~$36B it is investing through 2030 to harden the grid and connect a surge of data-centre load.
In simple terms
What FirstEnergy really sells
FirstEnergy is one of the largest US regulated electric utilities — the poles, wires and high-voltage grid that deliver power to ~6 million homes and businesses across Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. It buys most of its electricity from the wholesale market (it owns almost no generation outside a regulated coal-and-gas fleet in West Virginia) and earns a state- and FERC-approved return on the ~$36B it is investing through 2030 to harden the grid and connect a surge of data-centre load.
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