Firstenergy (FE) EBITDA Margin (2011 - 2026)
Firstenergy (FE) posted quarterly EBITDA Margin of 19.7% for Q1 2026, down 32.0% year-over-year from 28.98% in Q1 2025, and down 59.8% quarter-over-quarter from 49.01% in Q4 2025.
Firstenergy (FE) EBITDA Margin (2011 - 2026) Analysis & Trends
Firstenergy (FE) has reported EBITDA Margin for 16 consecutive years, with 19.7% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin fell 32.0% year-over-year to 19.7%; the TTM figure through Mar 2026 stood at 19.02% (down 336.0% YoY), while the FY2025 annual figure was 14.62%, down 301.0% from the prior year.
- EBITDA Margin eased to 19.7% in Q1 2026 per FE's latest filing, from 49.01% in the prior quarter.
- Across five years, EBITDA Margin topped out at 66.5% in Q4 2024 and bottomed at 0.12% in Q1 2024.
- Historically, EBITDA Margin has averaged 17.73% across 5 years, with a median of 16.0% in 2023.
- Annual changes were most pronounced in 2024 — EBITDA Margin soared 4844 bps — and 2025, when it sank 1749 bps.
- Firstenergy's EBITDA Margin stood at 12.56% in 2022, then soared by 44 bps to 18.05% in 2023, then jumped by 268 bps to 66.5% in 2024, then dropped by 26 bps to 49.01% in 2025, then plunged by 60 bps to 19.7% in 2026.
- Business Quant data shows FE's EBITDA Margin at 19.7% in Q1 2026, 49.01% in Q4 2025, and 4.15% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 7.41% |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 22.64% |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 20.99% |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 21.94% |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 25.06% |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 48.55% |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 29.93% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 16.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.70% |
| Dec 31, 2025 | 49.01% |
| Sep 30, 2025 | 4.15% |
| Jun 30, 2025 | 2.75% |
| Mar 31, 2025 | 20.03% |
| Dec 31, 2024 | 66.50% |
| Sep 30, 2024 | 4.21% |
| Jun 30, 2024 | 3.02% |
| Mar 31, 2024 | 0.12% |
| Dec 31, 2023 | 18.05% |
| Sep 30, 2023 | 19.10% |
| Jun 30, 2023 | 16.00% |
| Mar 31, 2023 | 17.05% |
| Dec 31, 2022 | 12.56% |
| Sep 30, 2022 | 14.53% |
| Jun 30, 2022 | 15.86% |
| Mar 31, 2022 | 18.70% |
| Dec 31, 2021 | 8.42% |
| Sep 30, 2021 | 20.20% |
| Jun 30, 2021 | 11.90% |