Firstenergy (FE) Debt Ratio (2011 - 2026)

Firstenergy's (FE) quarterly Debt Ratio came in at 0.49 in Q1 2026, down 78.87% year-on-year from 2.3 in Q1 2025, and up 5.08% on a QoQ basis from 0.46 in Q4 2025.

Firstenergy (FE) Debt Ratio (2011 - 2026) Analysis & Trends

Firstenergy (FE) has 16 years of Debt Ratio data on file, last reported at 0.49 in Q1 2026.

  • On a quarterly basis, Debt Ratio fell 78.87% year-over-year to 0.49 in Q1 2026; TTM through Mar 2026 was 0.49, a 78.87% decrease from a year earlier, with the FY2025 full-year figure at 0.46, up 2.46% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.49, up from 0.46 in the prior quarter.
  • Over the last five years, Debt Ratio for FE reached as high as 2.6 in Q4 2023 and fell as low as 0.45 in Q4 2024.
  • Historically, Debt Ratio has averaged 1.24 across 5 years, with a median of 0.5 in 2023.
  • Across the five-year window, Debt Ratio surged 456.07% in 2023 and tumbled 82.65% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.47 in 2022, then jumped by 456.07% to 2.6 in 2023, then tumbled by 82.65% to 0.45 in 2024, then climbed by 2.46% to 0.46 in 2025, then rose by 5.08% to 0.49 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.49 in Q1 2026, 0.46 in Q4 2025, and 2.25 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 0.45
2 Dominion Energy 62.80 Bn 67.01 Bn - 0.00
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 0.42
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 0.41
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - 0.07
6 Ameren 31.32 Bn 31.43 Bn - 0.40
7 Edison International 30.65 Bn 30.49 Bn - 0.41
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 0.49
9 Hydro One 25.14 Bn 25.13 Bn - 0.47
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 0.47

Historic Data

Download Data
DateValue
Mar 31, 2026 0.49
Dec 31, 2025 0.46
Sep 30, 2025 2.25
Jun 30, 2025 2.31
Mar 31, 2025 2.30
Dec 31, 2024 0.45
Sep 30, 2024 2.26
Jun 30, 2024 2.28
Mar 31, 2024 2.38
Dec 31, 2023 2.60
Sep 30, 2023 0.51
Jun 30, 2023 0.50
Mar 31, 2023 0.48
Dec 31, 2022 0.47
Sep 30, 2022 0.47
Jun 30, 2022 0.47
Mar 31, 2022 0.50
Dec 31, 2021 0.49
Sep 30, 2021 0.51
Jun 30, 2021 0.53