Firstenergy (FE) Construction in Progress (2011 - 2026)
Firstenergy (FE) posted quarterly Construction in Progress of $3.9 billion for Q1 2026, up 33.39% year-over-year from $2.9 billion in Q1 2025, and up 15.4% quarter-over-quarter from $3.4 billion in Q4 2025.
Firstenergy (FE) Construction in Progress (2011 - 2026) Analysis & Trends
Firstenergy (FE) has reported Construction in Progress for 16 consecutive years, with $3.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Construction in Progress rose 33.39% year-over-year to $3.9 billion; the TTM figure through Mar 2026 stood at $3.9 billion (up 33.39% YoY), while the FY2025 annual figure was $3.4 billion, up 23.06% from the prior year.
- Construction in Progress improved to $3.9 billion in Q1 2026 per FE's latest filing, from $3.4 billion in the prior quarter.
- Across five years, Construction in Progress topped out at $3.9 billion in Q1 2026 and bottomed at $1.5 billion in Q1 2022.
- Historically, Construction in Progress has averaged $2.5 billion across 5 years, with a median of $2.2 billion in 2023.
- Annual changes were most pronounced in 2022 — Construction in Progress slipped 9.7% — and 2025, when it soared 46.3%.
- Firstenergy's Construction in Progress stood at $1.7 billion in 2022, then grew by 24.99% to $2.1 billion in 2023, then jumped by 30.15% to $2.8 billion in 2024, then increased by 23.06% to $3.4 billion in 2025, then grew by 15.4% to $3.9 billion in 2026.
- Business Quant data shows FE's Construction in Progress at $3.9 billion in Q1 2026, $3.4 billion in Q4 2025, and $3.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | - |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 9.84 Bn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | - |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | - |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | - |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | - |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 3.93 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 3.60 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.91 Bn |
| Dec 31, 2025 | 3.39 Bn |
| Sep 30, 2025 | 3.74 Bn |
| Jun 30, 2025 | 3.32 Bn |
| Mar 31, 2025 | 2.93 Bn |
| Dec 31, 2024 | 2.75 Bn |
| Sep 30, 2024 | 2.73 Bn |
| Jun 30, 2024 | 2.27 Bn |
| Mar 31, 2024 | 2.16 Bn |
| Dec 31, 2023 | 2.12 Bn |
| Sep 30, 2023 | 2.23 Bn |
| Jun 30, 2023 | 1.86 Bn |
| Mar 31, 2023 | 1.75 Bn |
| Dec 31, 2022 | 1.69 Bn |
| Sep 30, 2022 | 1.73 Bn |
| Jun 30, 2022 | 1.58 Bn |
| Mar 31, 2022 | 1.48 Bn |
| Dec 31, 2021 | 1.41 Bn |
| Sep 30, 2021 | 1.73 Bn |
| Jun 30, 2021 | 1.66 Bn |