Company / Operating Margin
FirstEnergy Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
14.6%
FY2025
5-year range
14.6% / 20.0%
FY2021-FY2025
Trend
-17.1%
vs FY2024
Sector context
#49 of 61
Utilities
What the data says
FirstEnergy's operating margin of 14.6% is lower than 80% of companies in the Utilities sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from 14.6% in FY2025 to 22.8% in FY2019.
Based on SEC 10-K filings.
14.6% in FY2025 with a 5-year CAGR of -5.4%.
Declined from 15.5% to 14.6% over the past 2 years.
Utilities sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -5.4pp
- 5-Year Change
- -5.4pp
- 10-Year Change
- -
Sector benchmark
Bottom 20% in UtilitiesTop 80% of 61This company 14.6% Sector average 21.7%
▼
-32.5% below sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 17.1% year-over-year.
- Currently 7.0pp below the Utilities sector average.
- Peak operating margin was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score 0.48 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 14.6% | -17.1% |
| FY2024 | 17.6% | +13.7% |
| FY2023 | 15.5% | -22.7% |
| FY2022 | 20.0% | +29.3% |
| FY2021 | 15.5% | -22.7% |
| FY2020 | 20.0% | -11.9% |
| FY2019 | 22.8% | +2.4% |
| FY2018 | 22.2% | +0.0% |
| FY2017 | 22.2% | +15.7% |
| FY2016 | 19.2% | +25.9% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026