Firstenergy (FE) Interest Expense (2009 - 2022)
Firstenergy (FE) reported Interest Expenses of $313 million for Q1 2022, up 9.8% from $285 million a year earlier and up 9.4% from the prior quarter.
Firstenergy (FE) Interest Expense (2009 - 2022) Analysis & Trends
Over the twelve months ended Mar 31, 2022, Firstenergy's Interest Expenses came in at $1.17 billion, up 7.5% year-over-year; for FY2021, it came in at $1.14 billion, up 7.1% from FY2020.
- Interest Expenses has a five-year compound annual growth rate of 3.2% (FY2016 to FY2021).
- By year, Interest Expenses came in at $1.07 billion in FY2020 (+3.1%), $1.03 billion in FY2019 (-7.4%), $1.12 billion in FY2018 (+11.0%) and $1.01 billion in FY2017 (+3.3%).
- The Q1 2022 figure ranks as the highest quarterly Interest Expenses since Q2 2018.
- Year over year, Interest Expenses has now increased in each of the last 11 quarters, with growth averaging 5.9% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q4 2017 (growth of 130.9%); the low point was Q2 2019 (a decline of 27.0%).
- Per Business Quant data, the three quarters before Q1 2022 came in at $286 million (Q4 2021), $283 million (Q3 2021) and $287 million (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | - |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | - |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | - |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | - |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | - |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | - |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | - |
| 10 | Firstenergy | 26.75 Bn | 26.53 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 313.00 Mn |
| Dec 31, 2021 | 286.00 Mn |
| Sep 30, 2021 | 283.00 Mn |
| Jun 30, 2021 | 287.00 Mn |
| Mar 31, 2021 | 285.00 Mn |
| Dec 31, 2020 | 273.00 Mn |
| Sep 30, 2020 | 266.00 Mn |
| Jun 30, 2020 | 263.00 Mn |
| Mar 31, 2020 | 263.00 Mn |
| Dec 31, 2019 | 260.00 Mn |
| Sep 30, 2019 | 261.00 Mn |
| Jun 30, 2019 | 259.00 Mn |
| Mar 31, 2019 | 253.00 Mn |
| Dec 31, 2018 | 258.00 Mn |
| Sep 30, 2018 | 255.00 Mn |
| Jun 30, 2018 | 355.00 Mn |
| Mar 31, 2018 | 248.00 Mn |
| Dec 31, 2017 | 254.00 Mn |
| Sep 30, 2017 | 262.00 Mn |
| Jun 30, 2017 | 248.00 Mn |
Firstenergy Interest Expense 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-expense&ticker=FE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense", "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-expense&ticker=FE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();