Firstenergy (FE) Regulatory Liabilities (2016 - 2026)
Firstenergy's Regulatory Liabilities came in at $923 million for Q3 2026, down 4.9% from $971 million a year earlier but up 3.6% from the prior quarter.
Firstenergy (FE) Regulatory Liabilities (2016 - 2026) Analysis & Trends
At the end of FY2025, Firstenergy's Regulatory Liabilities was $1.19 billion, up 19.1% from FY2024.
- Regulatory Liabilities carries a five-year compound annual growth rate of -8.3% (FY2020 to FY2025).
- Going back by year, Regulatory Liabilities was $995 million in FY2024 (-18.0%), $1.21 billion in FY2023 (-34.3%), $1.85 billion in FY2022 (-13.0%) and $2.12 billion in FY2021 (+16.3%).
- The five-year range for quarterly Regulatory Liabilities is $877 million (Q1 2026) to $2.12 billion (Q4 2021).
- Year-over-year, Regulatory Liabilities has declined for three consecutive quarters, with an average decline of 1.6% over the last eight quarters.
- The fastest year-over-year change in Regulatory Liabilities over five years came in Q4 2025 (growth of 19.1%), and the weakest in Q1 2024 (a decline of 44.1%).
- Business Quant data shows FE's Regulatory Liabilities at $891 million (Q2 2026), $877 million (Q1 2026) and $1.19 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Regulatory Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 13.32 Bn |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | - |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 15.36 Bn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 8.75 Bn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 9.42 Bn |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 3.90 Bn |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 4.40 Bn |
| 10 | Firstenergy | 26.75 Bn | 26.53 Bn | - | 923.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 923.00 Mn |
| Jun 30, 2026 | 891.00 Mn |
| Mar 31, 2026 | 877.00 Mn |
| Dec 31, 2025 | 1.19 Bn |
| Sep 30, 2025 | 971.00 Mn |
| Jun 30, 2025 | 1.01 Bn |
| Mar 31, 2025 | 998.00 Mn |
| Dec 31, 2024 | 995.00 Mn |
| Sep 30, 2024 | 916.00 Mn |
| Jun 30, 2024 | 956.00 Mn |
| Mar 31, 2024 | 964.00 Mn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 1.32 Bn |
| Jun 30, 2023 | 1.52 Bn |
| Mar 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 1.85 Bn |
| Sep 30, 2022 | 1.98 Bn |
| Jun 30, 2022 | 1.93 Bn |
| Mar 31, 2022 | 2.03 Bn |
| Dec 31, 2021 | 2.12 Bn |
Firstenergy Regulatory Liabilities 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=regulatory-liabilities&ticker=FE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "regulatory-liabilities", "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=regulatory-liabilities&ticker=FE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();