FirstEnergy Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of FirstEnergy Corporation (FE). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Utilities and Transmission Companies | $9.36B 85.2% | $9.71B 85.7% · +3.7% | $10.80B 85.3% · +11.2% | $11.04B 84.3% · +2.2% |
| Regulated Transmission | $1.63B 14.8% | $1.62B 14.3% · -0.7% | $1.87B 14.7% · +15.5% | $2.05B 15.7% · +10.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Distribution services and retail generation | $8.69B 80.5% | $9.01B 80.9% · +3.7% | $9.92B 79.6% · +10.1% | $10.41B 80.8% · +4.9% | $10.98B 81.5% · +5.5% | $12.19B 80.8% · +11.1% |
| Transmission | $1.61B 14.9% | $1.61B 14.4% · -0.3% | $1.86B 15.0% · +15.9% | $2.05B 15.9% · +10.0% | $2.15B 15.9% · +4.8% | $2.31B 15.3% · +7.6% |
| Other | $489.0M 4.5% | $515.0M 4.6% · +5.3% | $680.0M 5.5% · +32.0% | $416.0M 3.2% · -38.8% | $348.0M 2.6% · -16.3% | $590.0M 3.9% · +69.5% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.