Firstenergy (FE) Return on Invested Capital [ROIC] (2009 - 2026)
Firstenergy (FE) posted Return on Invested Capital [ROIC] of 4.41% for Q2 2026, down 1.11 percentage points from 5.52% a year earlier and down 0.08 percentage points from the prior quarter.
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Analysis
Firstenergy (FE) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Firstenergy's Return on Invested Capital [ROIC] came in at 4.60%, down 0.24 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -2.27 percentage points (FY2020 to FY2025).
- In prior years, Firstenergy's Return on Invested Capital [ROIC] was 4.84% in FY2024 (-0.64 pp), 5.48% in FY2023 (+3.62 pp), 1.86% in FY2022 (-2.69 pp) and 4.55% in FY2021 (-2.31 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of 1.82% in Q4 2022 to a high of 5.61% in Q3 2025 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last three quarters, with an average year-over-year change of +0.23 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2023, with a gain of 3.38 percentage points; the weakest was Q2 2023, with a drop of 3.04 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 4.50% (Q1 2026), 4.38% (Q4 2025) and 5.61% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 4.66% |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 5.11% |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 5.41% |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 5.55% |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 3.52% |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 1.80% |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 4.68% |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | 4.49% |
| 10 | Firstenergy | 26.70 Bn | 26.62 Bn | - | 4.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.41% |
| Mar 31, 2026 | 4.50% |
| Dec 31, 2025 | 4.38% |
| Sep 30, 2025 | 5.61% |
| Jun 30, 2025 | 5.52% |
| Mar 31, 2025 | 5.11% |
| Dec 31, 2024 | 4.74% |
| Sep 30, 2024 | 4.56% |
| Jun 30, 2024 | 4.59% |
| Mar 31, 2024 | 4.95% |
| Dec 31, 2023 | 5.20% |
| Sep 30, 2023 | 2.34% |
| Jun 30, 2023 | 1.90% |
| Mar 31, 2023 | 1.83% |
| Dec 31, 2022 | 1.82% |
| Sep 30, 2022 | 4.40% |
| Jun 30, 2022 | 4.94% |
| Mar 31, 2022 | 4.44% |
| Dec 31, 2021 | 4.50% |
| Sep 30, 2021 | 4.94% |
API Access
Firstenergy Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=FE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=FE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();