Firstenergy (FE) Debt Ratio (2011 - 2026)
Firstenergy (FE) posted quarterly Debt Ratio of 0.49 for Q1 2026, down 78.87% year-over-year from 2.3 in Q1 2025, and up 5.08% quarter-over-quarter from 0.46 in Q4 2025.
Firstenergy (FE) Debt Ratio (2011 - 2026) Analysis & Trends
Firstenergy (FE) has reported Debt Ratio for 16 consecutive years, with 0.49 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio fell 78.87% year-over-year to 0.49; the TTM figure through Mar 2026 stood at 0.49 (down 78.87% YoY), while the FY2025 annual figure was 0.46, up 2.46% from the prior year.
- Debt Ratio advanced to 0.49 in Q1 2026 per FE's latest filing, from 0.46 in the prior quarter.
- Across five years, Debt Ratio topped out at 2.6 in Q4 2023 and bottomed at 0.45 in Q4 2024.
- Historically, Debt Ratio has averaged 1.24 across 5 years, with a median of 0.5 in 2023.
- Annual changes were most pronounced in 2023 — Debt Ratio jumped 456.07% — and 2024, when it sank 82.65%.
- Firstenergy's Debt Ratio stood at 0.47 in 2022, then surged by 456.07% to 2.6 in 2023, then tumbled by 82.65% to 0.45 in 2024, then gained by 2.46% to 0.46 in 2025, then grew by 5.08% to 0.49 in 2026.
- Business Quant data shows FE's Debt Ratio at 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 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 0.42 |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 0.45 |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 0.40 |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 0.40 |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 0.46 |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 0.46 |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 0.49 |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 0.49 |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |