FirstEnergy Corp - Company Profile
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FirstEnergy Corp (FirstEnergy) is a utility company that generates, transmits, and distributes electricity. It owns and operates nuclear, coal-fired, solar power generating, hydroelectric, oil and natural gas, and wind facilities. The company offers transmission infrastructure facilities, and owns, and operates certain of the company’s utilities to transmit electricity from generation sources to distribution facilities. FirstEnergy distributes electricity through its utility operating companies to various commercial, industrial, residential, retail, and wholesale customers. The company serves approximately customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy primarily operates in the US. The company is headquartered in Akron, Ohio, the US.
Headquarters
United States of America
Address
341 White Pond Drive, Akron, Ohio, 44320
Website
www.firstenergycorp.com
Telephone
1 800 7363402
No of Employees
11,186
Industry
Power
Ticker Symbol & Exchange
FE (NYSE)
Revenue (2025)
$15.1B
12%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
4.3%
(2025 vs 2024)
Market Cap*
$27.1B
Net Profit Margin (2025)
XYZ
-6.9%
(2025 vs 2024)
* As of and is in US$
FirstEnergy Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Electricity Distribution Services |
| Electricity Transmission Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In November, the company subsidiaries Mon Power and Potomac Edison announced an investment of US$13 million to improve reliability. |
| 2025 | Plans/Strategy | In November, the company announced its plans for the construction of a 1,200-megawatt combined-cycle natural gas plant. |
| 2025 | Plans/Strategy | In August, the company's subsidiary JCP&L announced an investment of US$15.4 million for upgrades in Hunterdon County. |
Competitor Comparison
| Key Parameters | FirstEnergy Corp | Duke Energy Corp | Southern Co | American Electric Power Co Inc | Edison International |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Akron | Charlotte | Atlanta | Columbus | Rosemead |
| State/Province | Ohio | North Carolina | Georgia | Ohio | California |
| No. of Employees | 11,186 | 26,441 | 29,800 | 17,581 | 14,013 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Brian X. Tierney | Chief Executive Officer; Chairman; President | Executive Board | 2024 | 57 |
| K. Jon Taylor | Chief Financial Officer; Senior Vice President | Senior Management | - | 51 |
| Toby L. Thomas | Chief Operating Officer | Senior Management | 2023 | 53 |
| Hyun Park | Chief Legal Officer; Senior Vice President | Senior Management | 2021 | 63 |
| Karen McClendon | Chief Human Resources Officer; Senior Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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