FirstEnergy Corp. Financial Ratios — FE Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	22.9	25.59	14.1	12.06	24.99	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,051.55
Return on Assets (%)	2.16	1.57	0.78	0.59	1.11	-12.97	-4.04	3.28	2.21	2.49	2.85	0.89	2.32	1.94	1.89
Return on Capital (%)	7.36	6.1	4.38	- -	5.11	-26.96	-12.21	14.66	10.62	10.11	9.69	3.07	8.06	6.25	6.03
Return on Invested Capital (%)	4.28	3.88	4.7	- -	4.35	3.18	-1.77	6.66	7.34	6.33	4.5	1.77	5.38	4.98	5.79
Gross Margin (%)	55.35	55.97	56.63	53.51	58.22	63.73	68.68	67.61	68.97	71.55	69.05	63.14	63.9	67.52	65.31
EBITDA Margin (%)	19.92	22.82	29.54	17.64	27.69	37.09	36.84	34.51	33.77	31.15	31.54	25.9	27.47	29.22	29.42
Operating Margin (%)	12.08	13.99	15.96	7.06	15.53	18.64	21.28	22.22	22.75	20.04	16.59	15.33	17.72	18.48	18.77
Incremental Operating Margin (%)	-6.22	-22.24	-66.94	-837.58	-5,530.43	7.84	145.18	52.85	-3.54	142.04	-92.11	4.75	90.27	34.72	21.2
Pretax Margin (%)	8.83	8.52	3.83	1.14	5.94	10.07	13.05	13.43	10.12	10.46	14	11.55	11.38	11.16	10.33
Profit Margin (%)	5.5	5.05	2.63	1.99	3.85	-57.73	-15.78	11.97	8.26	10	11.53	3.26	8.56	7.26	6.76
Net Income to Common Margin (%)	5.5	5.05	2.63	1.99	3.85	-57.73	-15.78	8.71	8.23	10	11.53	3.26	8.56	7.26	6.76
Effective Tax Rate (%)	39.8	41.92	34.21	- -	35.27	48.89	120.27	32.41	19.07	11.16	20.53	69.49	18.24	25.07	18.47
Dvd Payout Ratio (%)	104.88	121.69	245.33	283.57	105.02	110.89	-221.11	61.83	90.67	84.25	68.52	188.77	71.28	76.02	66.75
Sustainable Growth Rate (%)	-1.12	-5.55	-20.49	-22.14	-1.25	- -	- -	- -	- -	- -	- -	- -	- -	- -	349.59

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	17,337	19,147	20,650	21,779	21,973	22,552	19,545	19,504	20,998	24,477	23,854	21,654	24,910	24,023	26,556
ST Debt	1,621	3,968	4,819	2,603	2,874	4,360	858	1,753	1,380	2,346	1,606	451	2,025	1,527	1,048
LT Debt	15,716	15,179	15,831	19,176	19,099	18,192	18,687	17,751	19,618	22,131	22,248	21,203	22,885	22,496	25,508
Total Debt/EBITDA	5.4	5.5	4.69	8.21	5.28	5.68	4.85	5.02	5.63	7.28	6.79	6.71	7.04	6.1	5.98
Net Debt/EBITDA	5.34	5.45	4.64	8.17	5.25	5.63	4.71	4.92	5.46	6.76	6.37	6.66	7.01	6.08	5.97
Total Debt/EBIT	8.91	8.97	8.69	20.51	9.41	11.3	8.4	7.8	8.37	11.32	12.91	11.34	10.92	9.65	9.37
Net Debt/EBIT	8.81	8.89	8.6	20.43	9.36	11.2	8.15	7.65	8.11	10.51	12.12	11.25	10.86	9.6	9.35
EBITDA to Interest Expense	3.42	3.82	4.82	2.76	4.1	4.32	4.22	3.7	3.87	3.4	3.3	3.38	3.44	3.89	4.3
EBITDA-CapEx/Interest Expense	0.99	0.57	1.65	-0.93	1.25	0.98	1.24	1.15	1.1	0.71	1	0.4	0.18	-0.09	-0.26
EBIT to Interest Expense	2.07	2.34	2.6	1.1	2.3	2.17	2.44	2.38	2.61	2.19	1.74	2	2.22	2.46	2.75
Interest Expense	938	911	913	963	1,015	918	953	1,051	962	988	1,064	955	1,027	1,011	1,032
Common Equity/Total Assets	6.53	5.8	5.22	4.51	4.41	-10.4	-14.71	-12.05	-9.25	-6.37	-3.41	-2.48	-0.08	0.19	0.17
Long-Term Debt/Equity (%)	118.17	115.93	124.7	154.37	153.75	291.49	476.1	260.51	281.26	305.8	256.46	199.22	209.65	163.97	183.17
Long-Term Debt/Capital (%)	76.87	68.73	67.99	79.54	78.69	100.71	140.22	120.37	114.83	102.25	99.74	101.02	90.28	88.61	90.89
Long-Term Debt/Total Assets (%)	33.21	30.06	31.4	37.13	36.66	42.16	44.22	44.31	46.38	49.77	48.97	45.99	46.93	43.22	45.63
Total Debt/Equity (%)	130.36	146.24	162.66	175.33	176.89	361.35	497.96	286.23	301.05	338.22	274.97	203.46	228.2	175.09	190.69
Total Debt/Capital (%)	84.8	86.69	88.68	90.34	90.53	124.84	146.66	132.26	122.9	113.09	106.94	103.17	98.27	94.62	94.62
Total Debt/Total Assets (%)	36.63	37.92	40.95	42.17	42.18	52.27	46.25	48.68	49.64	55.05	52.5	46.96	51.08	46.16	47.5
Net Debt to Equity	128.84	144.92	160.95	174.64	175.83	358.16	482.98	280.85	291.84	314.07	257.97	201.95	226.94	174.29	190.28
Net Debt/Capital (%)	84.65	86.59	88.58	90.31	90.48	125.12	148.81	133.08	123.68	114.16	107.36	103.19	98.26	94.6	94.61
EBITDA	3,208	3,481	4,399	2,654	4,160	3,969	4,026	3,886	3,727	3,361	3,511	3,227	3,536	3,936	4,440
EBITDA-CapEx	930	517	1,511	-891	1,266	902	1,185	1,211	1,062	704	1,066	379	180	-94	-265
Operating Income (Loss)	1,945	2,134	2,377	1,062	2,334	1,995	2,326	2,502	2,510	2,162	1,847	1,910	2,281	2,490	2,833

Liquidity (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.04	0.02	0.03	0.02	0.02	0.03	0.14	0.08	0.13	0.35	0.33	0.04	0.03	0.02	0.01
Current Ratio	0.69	0.5	0.53	0.6	0.54	0.41	0.76	0.52	0.5	0.74	0.73	0.61	0.48	0.56	0.57
Quick Ratio	0.41	0.28	0.28	0.34	0.31	0.25	0.5	0.41	0.4	0.63	0.62	0.44	0.32	0.39	0.39
CFO/Avg Current Liab	0.64	0.37	0.35	0.41	0.62	0.53	0.68	0.32	0.52	0.29	0.6	0.64	0.3	0.56	0.72
Common Equity/Total Assets	6.53	5.8	5.22	4.51	4.41	-10.4	-14.71	-12.05	-9.25	-6.37	-3.41	-2.48	-0.08	0.19	0.17
Long-Term Debt/Equity (%)	118.17	115.93	124.7	154.37	153.75	291.49	476.1	260.51	281.26	305.8	256.46	199.22	209.65	163.97	183.17
Long-Term Debt/Capital (%)	76.87	68.73	67.99	79.54	78.69	100.71	140.22	120.37	114.83	102.25	99.74	101.02	90.28	88.61	90.89
Long-Term Debt/Total Assets (%)	33.21	30.06	31.4	37.13	36.66	42.16	44.22	44.31	46.38	49.77	48.97	45.99	46.93	43.22	45.63
Total Debt/Equity (%)	130.36	146.24	162.66	175.33	176.89	361.35	497.96	286.23	301.05	338.22	274.97	203.46	228.2	175.09	190.69
Total Debt/Capital (%)	84.8	86.69	88.68	90.34	90.53	124.84	146.66	132.26	122.9	113.09	106.94	103.17	98.27	94.62	94.62
Total Debt/Total Assets (%)	36.63	37.92	40.95	42.17	42.18	52.27	46.25	48.68	49.64	55.05	52.5	46.96	51.08	46.16	47.5
CFO/Total Liabilities	9	6.2	7.06	6.92	8.72	9.17	9.93	4.24	6.98	3.82	7.65	7.57	3.66	7.54	8.81
CFO/CapEx	1.34	0.78	0.92	0.77	1.2	1.1	1.34	0.53	0.93	0.54	1.15	0.94	0.41	0.72	0.79
Altman's Z-Score	0.92	0.77	0.72	0.67	0.7	0.37	0.45	0.62	0.74	0.58	0.71	0.78	0.72	0.77	0.8

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	14.45	17.24	14.93	14.79	16	11.95	13.33	15.64	12.11	8.62	8.7	13.35	18.5	17.01	16.71
Days Sales Outstanding	25.26	21.18	24.45	24.68	22.81	30.55	27.39	23.34	30.15	42.35	41.95	27.33	19.72	21.46	21.84
Inventory Turnover	9.93	8.03	8.01	8.92	7.84	5.75	8.56	14.95	12.85	10.27	11.94	13.49	9.96	8.25	9.3
Days Inventory Outstanding	36.77	45.43	45.58	40.93	46.57	63.44	42.65	24.42	28.41	35.55	30.57	27.06	36.65	44.25	39.25
Accounts Payable Turnover	7.2	4.88	4.46	5.58	5.31	3.46	3.31	4.09	3.51	3.39	3.83	3.89	3.31	3.01	2.94
Accounts Payable Turnover Days	50.71	74.79	81.88	65.37	68.78	105.61	110.27	89.28	104.12	107.64	95.34	93.9	110.38	121.46	124.04
Cash Conversion Cycle	11.33	-8.18	-11.86	0.24	0.6	-11.63	-40.23	-41.52	-45.56	-29.74	-22.82	-39.51	-54	-55.75	-62.94
Inventory to Cash Days	-11.52	-24.25	-21.13	-16.25	-23.76	-32.89	-15.26	-1.08	1.74	6.8	11.39	0.27	-16.92	-22.79	-17.41
Inventories	811	861	752	817	785	564	236	252	281	317	260	421	512	549	577
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	811	861	752	817	785	564	236	252	281	317	260	421	512	549	577

Enterprise Value (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	17,676	17,456	13,786	16,376	13,390	13,193	13,595	18,475	26,001	16,591	22,667	23,948	21,006	22,874	25,832
- Cash & Cash Equivalents	202	172	218	85	131	199	588	367	627	1,734	1,462	160	137	111	57
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	71	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	19	9	3	2	1	- -	- -	- -	- -	- -	- -	477	479	1,265	1,416
+ Total Debt	17,337	19,147	20,650	21,779	21,973	22,552	19,545	19,504	20,998	24,477	23,854	21,654	24,910	24,023	26,556
Enterprise Value	34,830	36,440	34,221	38,072	35,233	35,546	32,552	37,683	46,372	39,334	45,059	45,919	46,258	48,050	53,747
Total Capital	20,445	22,086	23,285	24,108	24,272	18,064	13,327	14,747	17,085	21,643	22,306	20,989	25,349	25,389	28,065
Total Debt/Capital (%)	84.8	86.69	88.68	90.34	90.53	124.84	146.66	132.26	122.9	113.09	106.94	103.17	98.27	94.62	94.62
Total Debt / EV	0.5	0.53	0.6	0.57	0.62	0.63	0.6	0.52	0.45	0.62	0.53	0.47	0.54	0.5	0.49
EV/Sales	2.16	2.39	2.3	2.53	2.34	3.32	2.98	3.35	4.2	3.65	4.05	3.69	3.59	3.57	3.56
EV/EBITDA	10.86	10.47	7.78	14.35	8.47	8.96	8.09	9.7	12.44	11.7	12.83	14.23	13.08	12.21	12.11
EV/EBIT	17.91	17.08	14.4	35.85	15.1	17.82	13.99	15.06	18.47	18.19	24.4	24.04	20.28	19.3	18.97
EV/Cash Flow to Firm	9.6	12.79	10.49	9.73	8.56	9.23	9.01	17.77	14.29	17.1	12.32	15.44	20.77	13.17	11.84
EV/Free Cash Flow to Firm	5.9	6.27	5.56	5.11	5.03	5.14	5.04	7.86	7.85	7.93	7.38	7.89	8.29	6.26	5.81
Diluted Market Cap	17,764	17,497	13,819	16,415	13,454	13,193	13,595	18,550	26,341	16,621	22,708	23,990	21,043	22,953	25,877
Diluted Enterprise Value	34,918	36,481	34,254	38,111	35,297	35,546	32,552	37,758	46,712	39,364	45,100	45,961	46,295	48,130	53,792
EV per Share	87.29	87.18	81.87	90.65	83.49	83.44	73.32	76.59	86.68	72.57	82.68	80.42	80.73	83.57	93.15
TTM Sales	16,105	15,255	14,892	15,049	15,026	10,700	10,928	11,261	11,035	10,790	11,132	12,459	12,870	13,472	15,090
TTM EBITDA	3,208	3,481	4,399	2,654	4,160	3,969	4,026	3,886	3,727	3,361	3,511	3,227	3,536	3,936	4,440
TTM Operating Income	1,945	2,134	2,377	1,062	2,334	1,995	2,326	2,502	2,510	2,162	1,847	1,910	2,281	2,490	2,833
TTM Cash Flow to Firm	3,628	2,849	3,263	3,913	4,117	3,852	3,615	2,120	3,246	2,301	3,657	2,974	2,227	3,649	4,541
TTM Free Cash Flow to Firm	5,906	5,813	6,151	7,458	7,011	6,919	6,456	4,795	5,911	4,958	6,102	5,822	5,583	7,679	9,246

Multiples (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	3.33	3.31	2.49	2.62	2.12	2.05	2.04	4.54	5.13	4.07	4.32	4.34	4.44	3.32	3.08
EV/EBIT	17.91	17.08	14.4	35.85	15.1	17.82	13.99	15.06	18.47	18.19	24.4	24.04	20.28	19.3	18.97
Enterprise Value	34,830	36,440	34,221	38,072	35,233	35,546	32,552	37,683	46,372	39,334	45,059	45,919	46,258	48,050	53,747
Low Price	36.11	40.37	31.29	29.98	28.89	29.33	27.93	29.34	36.29	22.85	29.25	35.32	32.18	35.41	37.58
EV/Sales	2.16	2.39	2.3	2.53	2.34	3.32	2.98	3.35	4.2	3.65	4.05	3.69	3.59	3.57	3.56
EV/EBITDA	10.86	10.47	7.78	14.35	8.47	8.96	8.09	9.7	12.44	11.7	12.83	14.23	13.08	12.21	12.11
Price/Earnings	19.97	22.67	35.17	54.77	23.17	- -	- -	18.83	28.64	15.38	17.67	58.98	19.06	23.39	25.33
Price/Earnings Average	18.95	24.44	41.4	47.45	24.89	-2.3	-8.02	17.66	25.78	18.68	15.56	57.5	19.89	23.55	24.03
Price/Earnings High	20.97	27.76	49.87	57.37	30.43	-2.52	-9.07	20	28.91	26.38	17.73	68.7	22.52	26.44	27.27
Price/Earnings Low	16.28	21.92	33.37	42.11	21.09	-2.02	-7.19	14.71	21.38	11.48	12.42	49.67	16.73	20.82	21.26
Price/Book Value	5.72	5.96	5.24	7.04	5.83	-2.94	-2.19	-3.83	-6.64	-5.85	-14.64	-20.97	-525.15	226.47	277.77
Price/Book Value Average	5.43	6.42	6.17	6.1	6.26	-3.17	-2.22	-3.59	-5.98	-7.11	-12.9	-20.44	-547.88	228.05	263.52
Price/Book Value High	6.01	7.3	7.43	7.37	7.65	-3.47	-2.51	-4.06	-6.71	-10.04	-14.7	-24.42	-620.42	256.02	299.05
Price/Book Value Low	4.66	5.76	4.97	5.41	5.31	-2.78	-1.99	-2.99	-4.96	-4.37	-10.3	-17.66	-460.98	201.59	233.16
Price/Tangible Book Value	2.58	2.63	2.2	2.73	2.23	21.18	-8.03	16.42	19.16	10.25	7.41	4.77	3.96	2.82	3.11
Price/Tangible Book Value Average	2.45	2.83	2.59	2.36	2.4	22.82	-8.16	15.4	17.25	12.45	6.53	4.65	4.14	2.84	2.95
Price/Tangible Book Value High	2.71	3.22	3.11	2.86	2.93	25.03	-9.24	17.44	19.35	17.58	7.44	5.55	4.68	3.19	3.35
Price/Tangible Book Value Low	2.1	2.54	2.08	2.1	2.03	20.06	-7.32	12.83	14.31	7.65	5.21	4.01	3.48	2.51	2.61
Price/Sales	1.1	1.14	0.93	1.09	0.89	1.23	1.24	1.64	2.36	1.54	2.04	1.92	1.63	1.7	1.71
Price/Sales Average	1.04	1.23	1.09	0.94	0.96	1.33	1.26	1.54	2.12	1.87	1.79	1.87	1.7	1.71	1.62
Price/Sales High	1.15	1.4	1.31	1.14	1.17	1.46	1.43	1.74	2.38	2.64	2.04	2.24	1.93	1.92	1.84
Price/Sales Low	0.89	1.11	0.88	0.84	0.81	1.17	1.13	1.28	1.76	1.15	1.43	1.62	1.43	1.51	1.44
Price/Cash Flow	5.77	7.52	5.18	6.04	3.87	3.9	3.57	13.1	10.54	11.66	8.06	8.93	15.15	7.91	6.98
Price/Cash Flow Average	5.48	8.11	6.1	5.23	4.16	4.2	3.63	12.29	9.49	14.17	7.1	8.7	15.8	7.97	6.62
Price/Cash Flow High	6.06	9.21	7.34	6.32	5.08	4.61	4.11	13.92	10.64	20	8.09	10.4	17.89	8.94	7.52
Price/Cash Flow Low	4.7	7.27	4.91	4.64	3.52	3.69	3.26	10.24	7.87	8.7	5.67	7.52	13.29	7.04	5.86
Price/Free Cash Flow Average	3.16	3.57	2.93	2.27	2.27	2.2	2.08	4.26	4.62	4.95	3.81	4.23	4.63	3.34	2.92
Price/Free Cash Flow High	3.49	4.06	3.53	2.75	2.78	2.42	2.35	4.82	5.18	6.99	4.34	5.05	5.24	3.75	3.31
Price/Free Cash Flow Low	2.71	3.2	2.36	2.02	1.93	1.94	1.87	3.55	3.83	3.04	3.04	3.65	3.89	2.95	2.58
EV/Sales Average	2.11	2.48	2.46	2.38	2.41	3.42	3	3.24	3.97	3.98	3.8	3.64	3.66	3.58	3.47
EV/Sales High	2.22	2.65	2.68	2.58	2.62	3.55	3.17	3.45	4.23	4.75	4.06	4	3.89	3.79	3.69
EV/Sales Low	1.96	2.35	2.25	2.28	2.27	3.26	2.87	2.99	3.61	3.26	3.44	3.38	3.39	3.38	3.29
EV/EBITDA Average	10.58	10.86	8.33	13.52	8.71	9.21	8.14	9.4	11.75	12.77	12.06	14.04	13.34	12.25	11.81
EV/EBITDA High	11.13	11.59	9.09	14.64	9.48	9.56	8.59	9.99	12.51	15.24	12.86	15.45	14.16	12.97	12.55
EV/EBITDA Low	9.84	10.3	7.62	12.92	8.18	8.78	7.79	8.66	10.68	10.45	10.92	13.06	12.36	11.57	11.17
EV/EBIT Average	17.44	17.71	15.42	33.79	15.52	18.33	14.09	14.6	17.44	19.84	22.93	23.72	20.68	19.36	18.5
EV/EBIT High	18.36	18.91	16.82	36.58	16.89	19.02	14.87	15.52	18.58	23.69	24.44	26.11	21.95	20.5	19.67
EV/EBIT Low	16.23	16.8	14.1	32.29	14.58	17.47	13.48	13.45	15.85	16.25	20.75	22.06	19.15	18.29	17.51
Last Price	44.3	41.76	32.98	38.99	31.73	30.97	30.62	37.55	48.6	30.61	41.59	41.94	36.66	39.78	44.77
High Price	46.51	51.14	46.77	40.84	41.68	36.6	35.22	39.88	49.07	52.52	41.75	48.85	43.31	44.97	48.2
Enterprise Value Average	33,929	37,800	36,663	35,883	36,228	36,571	32,780	36,536	43,779	42,904	42,357	45,315	47,167	48,210	52,422
Enterprise Value High	35,711	40,361	39,985	38,849	39,432	37,945	34,595	38,829	46,623	51,209	45,146	49,864	50,069	51,035	55,726
Enterprise Value Low	31,562	35,859	33,514	34,288	34,035	34,848	31,358	33,643	39,786	35,128	38,333	42,139	43,691	45,538	49,599

Shares Outstanding	418	418	419	421	424	442	445	512	541	543	570	572	574	577	578
Diluted Weighted Avg Shares	401	419	419	421	424	426	444	494	542	543	546	572	574	577	578
Basic Weighted Avg Shares	399	418	418	420	422	426	444	492	535	542	545	571	573	575	577
Revenue per Share	40.36	36.5	35.63	35.83	35.61	25.12	24.61	22.89	20.63	19.91	20.43	21.82	22.46	23.43	26.15
EBITDA per Share	8.04	8.33	10.52	6.32	9.86	9.32	9.07	7.9	6.97	6.2	6.44	5.65	6.17	6.85	7.69
Operating Income per Share	4.87	5.11	5.69	2.53	5.53	4.68	5.24	5.09	4.69	3.99	3.39	3.35	3.98	4.33	4.91
Basic EPS, GAAP	2.22	1.84	0.94	0.71	1.37	-14.5	-3.88	1.99	1.7	1.99	2.35	0.71	1.92	1.7	1.77
Basic EPS from Cont Ops	2.15	1.81	0.9	0.51	1.37	1.29	-0.65	2.08	1.69	1.85	2.27	0.77	2.09	1.96	2.2
Diluted EPS, GAAP	2.21	1.84	0.94	0.71	1.36	-14.5	-3.88	1.99	1.68	1.99	2.35	0.71	1.92	1.69	1.76
Diluted EPS from Cont Ops	2.13	1.8	0.89	0.51	1.36	1.29	-0.65	2.07	1.67	1.85	2.27	0.77	2.09	1.95	2.2
Dividend per Share	2.21	2.2	2.2	1.44	1.44	1.43	1.44	1.57	1.53	1.56	1.56	1.56	1.58	1.69	1.76
Cash Flow per Share	7.68	5.55	6.37	6.46	8.2	7.94	8.58	2.87	4.61	2.63	5.16	4.7	2.42	5.03	6.41
Free Cash Flow per Basic Share	1.97	-1.54	-0.54	-1.98	1.34	0.74	2.18	-2.57	-0.37	-2.28	0.67	-0.29	-3.44	-1.98	-1.74
Cash & Equivalents per Share	0.51	0.41	0.52	0.2	0.31	0.47	1.32	0.75	1.17	3.2	2.68	0.28	0.24	0.19	0.1
Book Value per Share	7.74	7.01	6.3	5.54	5.45	-10.54	-14	-9.81	-7.31	-5.23	-2.84	-2	-0.07	0.18	0.16
Tangible Book Value per Share	17.19	15.9	15.02	14.3	14.23	1.46	-3.81	2.29	2.54	2.99	5.61	8.8	9.25	14.09	14.4

FirstEnergy Corp.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)