FIRSTENERGY (FE) 10-K Summary — Year Ended Dec 31, 2024
FirstEnergy Corp filed its annual 10-K report for the most recent fiscal year. The filing includes business overview, risk factors, and management discussion, with financial results indicating revenue growth compared to the prior year.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
FirstEnergy Corp filed its annual 10-K report for the most recent fiscal year. The filing includes business overview, risk factors, and management discussion, with financial results indicating revenue growth compared to the prior year.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$13.5B
Revenue reported for the fiscal year.
Operating income
$2.4B
Income from operations reported for the year.
Net income
$978M
Net income reported for the year.
Operating cash flow
$2.9B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $11.1B | n/a |
| Dec 31, 2022 | $12.5B | +11.9% |
| Dec 31, 2023 | $12.9B | +3.3% |
| Dec 31, 2024 | $13.5B | +4.7% |
Business overview
The company's business overview section covers topics such as capital requirements, supply plan, system demand, and regional reliability, indicating its operations in the electric utility sector. The discussion also mentions competition, seasonality, and human capital. Further details are provided on executive officers and corporate communications.
Financial performance
Revenue increased compared to the prior year, as shown in the trend data. Operating income, net income, and operating cash flow were reported for the period. The financial results reflect the company's ongoing operations.
Material risks
The filing references risk factors in Item 1A, but no specific risk descriptions are included in the provided context. Therefore, material risks cannot be identified from the supplied information.
Liquidity and capital
The management discussion and analysis section is referenced in the filing, but no specific liquidity or capital allocation details are provided in the supplied context.
What to watch
Monitor the revenue trend in the next filing, as it has shown consistent growth over recent periods.