What is the ROE (Return on Equity) of FirstEnergy this year?
The ROE of FirstEnergy this year is 0.11 undefined.
FirstEnergy ROE 2024
FirstEnergy ROE
0.11
Ticker
FE
ISIN
US3379321074
WKN
910509
In 2024, FirstEnergy's return on equity (ROE) was 0.11, a 164.38% increase from the 0.04 ROE in the previous year.
FirstEnergy Aktienanalyse
What does FirstEnergy do?
FirstEnergy Corp is an energy supply company based in Akron, Ohio, USA. It was founded in 1997 and has since become one of the largest energy companies in the country. The company offers various energy services, including electricity, gas, and renewable energy. History: FirstEnergy Corp was founded in 1997 when Ohio Edison Company and Centerior Energy Corporation merged. Ohio Edison Company was founded in 1930 and initially supplied the cities of Akron and Cleveland with electricity. Centerior Energy Corporation was founded in 1986 and primarily supplied northern Ohio with electricity. Since this merger, the company has expanded through several acquisitions and mergers, including the acquisition of GPU Energy in Pennsylvania and New Jersey, as well as Allegheny Energy. Business model: FirstEnergy Corp's business model is primarily focused on providing reliable energy supply to its customers at a reasonable price. The company operates a variety of power generation facilities, from coal to nuclear power plants, as well as gas and oil pipelines. FirstEnergy Corp also owns a subsidiary called FirstEnergy Solutions, which offers alternative energy resources, including wind, solar, and hydro power. Segments: FirstEnergy Corp has three main business segments: Regulated Distribution Companies, Competitive Energy Generation, and Corporate Transactions and Services. The Regulated Distribution Companies supply electricity and gas to customers in Ohio, Pennsylvania, New Jersey, Maryland, and West Virginia. The Competitive Energy Generation segment operates power plants in Ohio, Pennsylvania, and West Virginia and sells the generated electricity on the open market. The Corporate Services segment handles the infrastructure of FirstEnergy Corp and the execution of transactions such as acquisitions, mergers, and IPOs. Products: FirstEnergy Corp offers its customers various products and services to meet their energy needs. These products include electricity and gas for residential and commercial customers, as well as renewable energy such as wind and solar power. Additionally, the company operates public lighting in many communities, provides energy efficiency programs, and supports the energy needs of industrial and large customers. Summary: FirstEnergy Corp is an energy supply company that provides its customers with reliable and cost-effective energy supply. The company operates various power generation facilities and gas and oil pipelines. It has three main business segments: regulated distribution companies, competitive energy generation, and corporate transactions and services. FirstEnergy Corp offers its customers various products such as electricity, gas, renewable energy, and energy efficiency programs. FirstEnergy ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding FirstEnergy's Return on Equity (ROE)
FirstEnergy's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing FirstEnergy's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
FirstEnergy's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in FirstEnergy’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about FirstEnergy stock
How has the Return on Equity (ROE) of FirstEnergy developed compared to the previous year?
The ROE of FirstEnergy has increased by 164.38% increased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of FirstEnergy?
A high ROE indicates that FirstEnergy generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of FirstEnergy?
A low ROE can indicate that FirstEnergy is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of FirstEnergy affect the company?
A change in ROE (Return on Equity) of FirstEnergy can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of FirstEnergy?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of FirstEnergy?
Some factors that can influence FirstEnergy's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does FirstEnergy pay?
Over the past 12 months, FirstEnergy paid a dividend of 1.58 USD . This corresponds to a dividend yield of about 3.55 %. For the coming 12 months, FirstEnergy is expected to pay a dividend of 1.54 USD.
What is the dividend yield of FirstEnergy?
The current dividend yield of FirstEnergy is 3.55 %.
When does FirstEnergy pay dividends?
FirstEnergy pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of FirstEnergy?
FirstEnergy paid dividends every year for the past 25 years.
What is the dividend of FirstEnergy?
For the upcoming 12 months, dividends amounting to 1.54 USD are expected. This corresponds to a dividend yield of 3.47 %.
In which sector is FirstEnergy located?
FirstEnergy is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von FirstEnergy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of FirstEnergy from 9/1/2024 amounting to 0.425 USD, you needed to have the stock in your portfolio before the ex-date on 8/7/2024.
When did FirstEnergy pay the last dividend?
The last dividend was paid out on 9/1/2024.
What was the dividend of FirstEnergy in the year 2023?
In the year 2023, FirstEnergy distributed 1.56 USD as dividends.
In which currency does FirstEnergy pay out the dividend?
The dividends of FirstEnergy are distributed in USD.
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Andere Kennzahlen von FirstEnergy
Our stock analysis for FirstEnergy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of FirstEnergy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
