FirstEnergy Historical Income Statement
FE Stock | USD 39.24 0.15 0.38% |
Historical analysis of FirstEnergy income statement accounts such as Total Revenue of 12.9 B can show how well FirstEnergy performed in making a profits. Evaluating FirstEnergy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FirstEnergy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining FirstEnergy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FirstEnergy is a good buy for the upcoming year.
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About FirstEnergy Income Statement Analysis
FirstEnergy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FirstEnergy shareholders. The income statement also shows FirstEnergy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
FirstEnergy Income Statement Chart
FirstEnergy Income Statement is one of the three primary financial statements used for reporting FirstEnergy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of FirstEnergy revenue and expense. FirstEnergy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, FirstEnergy's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 10.8 B, whereas Gross Profit is forecasted to decline to about 8.2 B. Add Fundamental
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts FirstEnergy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of FirstEnergy minus its cost of goods sold. It is profit before FirstEnergy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FirstEnergy. It is also known as FirstEnergy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from FirstEnergy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of FirstEnergy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from FirstEnergy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FirstEnergy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.At present, FirstEnergy's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 10.8 B, whereas Gross Profit is forecasted to decline to about 8.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.7B | 7.9B | 8.2B | 8.2B | Total Revenue | 11.1B | 12.5B | 12.9B | 12.9B |
FirstEnergy income statement Correlations
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FirstEnergy Account Relationship Matchups
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FirstEnergy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 786M | 1.2B | 1.6B | 1.3B | 1.3B | 1.4B | |
Interest Expense | 1.1B | 962M | 988M | 1.1B | 1.0B | 605.9M | |
Total Revenue | 11.0B | 10.8B | 11.1B | 12.5B | 12.9B | 12.9B | |
Gross Profit | 7.6B | 7.7B | 7.7B | 7.9B | 8.2B | 8.2B | |
Other Operating Expenses | 8.9B | 9.2B | 9.1B | 10.5B | 10.7B | 10.8B | |
Operating Income | 2.5B | 2.2B | 2.7B | 2.6B | 2.3B | 1.2B | |
Ebit | 2.5B | 2.2B | 2.7B | 2.6B | 2.7B | 2.2B | |
Ebitda | 3.3B | 3.3B | 4.3B | 3.9B | 4.0B | 3.6B | |
Cost Of Revenue | 3.4B | 3.1B | 3.4B | 4.6B | 4.6B | 4.8B | |
Total Operating Expenses | 5.8B | 6.0B | 5.5B | 5.9B | 6.0B | 6.0B | |
Income Before Tax | 1.1B | 1.1B | 1.6B | 1.4B | 1.5B | 1.5B | |
Total Other Income Expense Net | (1.4B) | (1.0B) | (1.2B) | (1.2B) | 303M | 318.2M | |
Net Income | 912M | 1.1B | 1.3B | 406M | 1.1B | 1.2B | |
Income Tax Expense | 213M | 126M | 320M | 1B | 267M | 271.6M | |
Net Income Applicable To Common Shares | 908M | 1.1B | 1.3B | 406M | 365.4M | 325.0M | |
Extraordinary Items | (2.6B) | 302M | 8M | 76M | 44M | 0.0 | |
Selling General Administrative | 674M | 477M | (382M) | (72M) | 78M | 74.1M | |
Discontinued Operations | 326M | 8M | 76M | 44M | 50.6M | 53.1M | |
Net Income From Continuing Ops | 904M | 1.0B | 1.2B | 439M | 1.2B | 1.3B | |
Non Operating Income Net Other | (431M) | (45M) | 899M | 484M | 556.6M | 584.4M | |
Tax Provision | 213M | 126M | 320M | 1B | 267M | 280.4M | |
Interest Income | 962M | 988M | 1.1B | 787M | 708.3M | 774M | |
Net Interest Income | (962M) | (988M) | (1.1B) | (955M) | (1.0B) | (1.1B) | |
Reconciled Depreciation | 1.2B | 1.2B | 1.6B | 1.3B | 1.3B | 1.1B |
FirstEnergy Investors Sentiment
The influence of FirstEnergy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in FirstEnergy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to FirstEnergy's public news can be used to forecast risks associated with an investment in FirstEnergy. The trend in average sentiment can be used to explain how an investor holding FirstEnergy can time the market purely based on public headlines and social activities around FirstEnergy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
FirstEnergy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for FirstEnergy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average FirstEnergy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on FirstEnergy.
FirstEnergy Implied Volatility | 81.77 |
FirstEnergy's implied volatility exposes the market's sentiment of FirstEnergy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if FirstEnergy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that FirstEnergy stock will not fluctuate a lot when FirstEnergy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FirstEnergy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, FirstEnergy's short interest history, or implied volatility extrapolated from FirstEnergy options trading.
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.Note that the FirstEnergy information on this page should be used as a complementary analysis to other FirstEnergy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for FirstEnergy Stock analysis
When running FirstEnergy's price analysis, check to measure FirstEnergy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstEnergy is operating at the current time. Most of FirstEnergy's value examination focuses on studying past and present price action to predict the probability of FirstEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstEnergy's price. Additionally, you may evaluate how the addition of FirstEnergy to your portfolios can decrease your overall portfolio volatility.
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Is FirstEnergy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstEnergy. If investors know FirstEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 1.6 | Earnings Share 1.89 | Revenue Per Share 22.216 | Quarterly Revenue Growth 0.017 |
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.