Firstenergy (FE) Debt to Equity (2011 - 2026)
Firstenergy (FE) reported Debt to Equity of $1.9 for Q1 2026, up 15.02% year-over-year from $1.65 in Q1 2025, and down 9.54% quarter-over-quarter from $2.1 in Q4 2025.
Firstenergy (FE) Debt to Equity (2011 - 2026) Analysis & Trends
Firstenergy (FE) has 16 years of Debt to Equity data on file, last reported at $1.9 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $1.9, up 15.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.9 (up 15.02% YoY), and the FY2025 annual result was $2.1, up 24.83% from the prior year.
- Debt to Equity eased to $1.9 in Q1 2026 per FE's latest filing, from $2.1 in the prior quarter.
- Over five years, Debt to Equity peaked at $173.97 in Q4 2023 and troughed at -$4380.4 in Q1 2024.
- A 5-year average of -$423.68 and a median of $2.0 in 2022 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2023 and 2024: Debt to Equity surged 8591.59% in 2023, then sank 212068.22% in 2024.
- A 5-year view of Debt to Equity shows it stood at $2.0 in 2022, then surged by 8591.59% to $173.97 in 2023, then plunged by 99.03% to $1.68 in 2024, then climbed by 24.83% to $2.1 in 2025, then declined by 9.54% to $1.9 in 2026.
- Business Quant data shows FE's Debt to Equity at $1.9 in Q1 2026, $2.1 in Q4 2025, and -$1517.7 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | - |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 1.44 |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 1.51 |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 1.52 |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 1.49 |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 2.63 |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 1.97 |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 1.90 |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 1.99 |
| 10 | Alliant Energy | 18.75 Bn | 18.19 Bn | 854.00 Mn | 1.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.90 |
| Dec 31, 2025 | 2.10 |
| Sep 30, 2025 | -1,517.71 |
| Jun 30, 2025 | -1,509.13 |
| Mar 31, 2025 | 1.65 |
| Dec 31, 2024 | 1.68 |
| Sep 30, 2024 | 4.31 |
| Jun 30, 2024 | 4.40 |
| Mar 31, 2024 | -4,380.40 |
| Dec 31, 2023 | 173.97 |
| Sep 30, 2023 | 2.21 |
| Jun 30, 2023 | 2.10 |
| Mar 31, 2023 | 2.07 |
| Dec 31, 2022 | 2.00 |
| Sep 30, 2022 | 1.89 |
| Jun 30, 2022 | 1.87 |
| Mar 31, 2022 | 2.61 |
| Dec 31, 2021 | 2.75 |
| Sep 30, 2021 | 3.17 |
| Jun 30, 2021 | 3.20 |