Growth Metrics

Firstenergy (FE) Amortization - Intangibles (2011 - 2023)

Firstenergy (FE) reported Amortization - Intangibles of -$33.0 million for Q2 2023, up 74.42% year-over-year from -$18.9 million in Q2 2022, and up 58.75% on a QoQ basis from -$80.0 million in Q1 2023.

Firstenergy (FE) has 13 years of Amortization - Intangibles data on file, last reported at -$33.0 million in Q2 2023.

  • Quarterly Amortization - Intangibles rose 74.42% year-over-year to -$33.0 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was -$312.0 million (down 721.05% YoY) and the FY2022 annual result came in at -$365.0 million, down 235.69% from the prior year.
  • Amortization - Intangibles advanced to -$33.0 million in Q2 2023 per FE's latest filing, from -$80.0 million in the prior quarter.
  • Across five years, Amortization - Intangibles topped out at $98.0 million in Q4 2021 and bottomed at -$164.0 million in Q4 2019.
  • The 5-year median for Amortization - Intangibles is -$11.0 million (2019), against an average of -$18.9 million.
  • The widest annual swing landed in 2019, when Amortization - Intangibles tumbled 531.58%; it then surged 940.0% in 2020.
  • Tracing FE's Amortization - Intangibles over 5 years: stood at -$164.0 million in 2019, then soared by 83.54% to -$27.0 million in 2020, then surged by 462.96% to $98.0 million in 2021, then plunged by 215.31% to -$113.0 million in 2022, then jumped by 70.8% to -$33.0 million in 2023.
  • Per Business Quant, the three latest FE Amortization - Intangibles figures stand at -$33.0 million (Q2 2023), -$80.0 million (Q1 2023), and -$113.0 million (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Fortis 645.09 Bn 644.83 Bn 1.70 Bn
2 Enel Chile 264.22 Bn 263.80 Bn 1.12 Bn
3 Dominion Energy 56.77 Bn 60.97 Bn 4.03 Bn
4 Xcel Energy 47.77 Bn 45.88 Bn 3.35 Bn
5 Wec Energy 35.40 Bn 35.76 Bn 2.83 Bn
6 Ameren 29.12 Bn 29.24 Bn 1.69 Bn
7 Korea Electric Power 28.73 Bn 13.96 Bn -
8 Energy Co Of Parana 27.30 Bn 26.65 Bn -
9 Edison International 26.69 Bn 26.53 Bn 3.85 Bn
10 Firstenergy 26.26 Bn 27.64 Bn 2.74 Bn

Historic Data

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DateValue
Jun 30, 2023 -33.00 Mn
Mar 31, 2023 -80.00 Mn
Dec 31, 2022 -113.00 Mn
Sep 30, 2022 -86.00 Mn
Jun 30, 2022 -129.00 Mn
Mar 31, 2022 -37.00 Mn
Dec 31, 2021 98.00 Mn
Sep 30, 2021 30.00 Mn
Jun 30, 2021 49.00 Mn
Mar 31, 2021 92.00 Mn
Dec 31, 2020 -27.00 Mn
Sep 30, 2020 -91.00 Mn
Jun 30, 2020 13.00 Mn
Mar 31, 2020 52.00 Mn
Dec 31, 2019 -164.00 Mn
Sep 30, 2019 43.00 Mn
Jun 30, 2019 37.00 Mn
Mar 31, 2019 5.00 Mn
Dec 31, 2018 38.00 Mn
Sep 30, 2018 67.00 Mn
Jun 30, 2018 -107.00 Mn
Mar 31, 2018 -148.00 Mn
Dec 31, 2017 34.00 Mn
Sep 30, 2017 113.00 Mn
Jun 30, 2017 78.00 Mn
Mar 31, 2017 83.00 Mn
Dec 31, 2016 75.00 Mn
Sep 30, 2016 98.00 Mn
Jun 30, 2016 63.00 Mn
Mar 31, 2016 61.00 Mn
Dec 31, 2015 -29.00 Mn
Sep 30, 2015 110.00 Mn
Jun 30, 2015 59.00 Mn
Mar 31, 2015 32.00 Mn
Dec 31, 2014 -15.00 Mn
Sep 30, 2014 35.00 Mn
Jun 30, 2014 20.00 Mn
Mar 31, 2014 -28.00 Mn
Dec 31, 2013 51.00 Mn
Sep 30, 2013 312.00 Mn
Jun 30, 2013 72.00 Mn
Mar 31, 2013 59.00 Mn
Dec 31, 2012 -266.00 Mn
Sep 30, 2012 61.00 Mn
Jun 30, 2012 62.00 Mn
Mar 31, 2012 75.00 Mn
Dec 31, 2011 130.00 Mn
Sep 30, 2011 122.00 Mn
Jun 30, 2011 90.00 Mn
Mar 31, 2011 132.00 Mn