Firstenergy (FE) Interest Coverage Ratio (2009 - 2022)
Firstenergy's Interest Coverage Ratio came in at 1.79 for Q1 2022, down 8.9% from 1.96 a year earlier but up 128.0% from the prior quarter.
Firstenergy (FE) Interest Coverage Ratio (2009 - 2022) Analysis & Trends
Over the trailing twelve months to Mar 31, 2022, Firstenergy reported Interest Coverage Ratio of 1.48, down 26.7% year-over-year; for FY2021, it came in at 1.51, down 25.5% from FY2020.
- Going back by year, Interest Coverage Ratio was 2.03 in FY2020 (-16.5%), 2.43 in FY2019 (+8.4%), 2.24 in FY2018 (-7.2%) and 2.42 in FY2017 (+14.4%).
- The five-year range for quarterly Interest Coverage Ratio is 0.78 (Q4 2021) to 2.80 (Q3 2017).
- Year-over-year, Interest Coverage Ratio has declined for six consecutive quarters, with an average decline of 21.0% over the last eight quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q4 2019 (growth of 19.2%), and the weakest in Q4 2021 (a decline of 45.7%).
- Business Quant data shows FE's Interest Coverage Ratio at 0.78 (Q4 2021), 2.23 (Q3 2021) and 1.09 (Q2 2021) in the three quarters before Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 2,624.00 |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 2.23 |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 2.14 |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 2.99 |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 0.59 |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 3.21 |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 1.22 |
| 10 | Firstenergy | 26.75 Bn | 26.53 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 1.79 |
| Dec 31, 2021 | 0.78 |
| Sep 30, 2021 | 2.23 |
| Jun 30, 2021 | 1.09 |
| Mar 31, 2021 | 1.96 |
| Dec 31, 2020 | 1.44 |
| Sep 30, 2020 | 2.71 |
| Jun 30, 2020 | 1.96 |
| Mar 31, 2020 | 2.02 |
| Dec 31, 2019 | 2.37 |
| Sep 30, 2019 | 2.61 |
| Jun 30, 2019 | 2.26 |
| Mar 31, 2019 | 2.49 |
| Dec 31, 2018 | 1.98 |
| Sep 30, 2018 | 2.78 |
| Jun 30, 2018 | 1.97 |
| Mar 31, 2018 | 2.34 |
| Dec 31, 2017 | 1.99 |
| Sep 30, 2017 | 2.80 |
| Jun 30, 2017 | 2.31 |
Firstenergy Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "FE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();