FirstEnergy Corporation (FE) — Cash Flow Reinvestment Rate
FirstEnergy Corporation (FE) has a Cash Flow Reinvestment Rate of 8.50x as of March 2026, reinvesting $1.26 Billion (capex $1.25 Billion plus investments $-3.00 Million) from operating cash flow of $148.00 Million. Check FE cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
FirstEnergy Corporation Cash Flow Reinvestment Rate (1997–2025)
Historical reinvestment intensity for FirstEnergy Corporation across 29 annual periods. Explore long-term investment intensity of FirstEnergy Corporation to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for FirstEnergy Corporation (1997–2025)
Year-by-year capital reinvestment analysis for FirstEnergy Corporation. For live market cap and broader valuation context, see FE market cap overview.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.27x | $4.72 Billion | $3.70 Billion | $4.71 Billion | ▼ -56.0% |
| 2024 | 2.90x | $8.38 Billion | $2.89 Billion | $4.03 Billion | ▼ -41.7% |
| 2023 | 4.98x | $6.90 Billion | $1.39 Billion | $3.36 Billion | ▲ +128.9% |
| 2022 | 2.17x | $5.83 Billion | $2.68 Billion | $2.76 Billion | ▲ +148.8% |
| 2021 | 0.87x | $2.46 Billion | $2.81 Billion | $2.44 Billion | ▼ -53.6% |
| 2020 | 1.88x | $2.68 Billion | $1.42 Billion | $2.66 Billion | ▲ +71.8% |
| 2019 | 1.10x | $2.70 Billion | $2.47 Billion | $2.67 Billion | ▼ -52.2% |
| 2018 | 2.29x | $3.23 Billion | $1.41 Billion | $2.67 Billion | ▲ +196.7% |
| 2017 | 0.77x | $2.94 Billion | $3.81 Billion | $2.84 Billion | ▼ -18.1% |
| 2016 | 0.94x | $3.18 Billion | $3.37 Billion | $3.07 Billion | ▲ +8.3% |
| 2015 | 0.87x | $3.00 Billion | $3.45 Billion | $2.89 Billion | ▼ -35.3% |
| 2014 | 1.34x | $3.65 Billion | $2.71 Billion | $3.54 Billion | ▲ +20.9% |
| 2013 | 1.11x | $2.96 Billion | $2.66 Billion | $2.89 Billion | ▼ -13.0% |
| 2012 | 1.28x | $2.96 Billion | $2.32 Billion | $2.96 Billion | ▲ +71.8% |
| 2011 | 0.74x | $2.28 Billion | $3.06 Billion | $2.28 Billion | ▲ +16.5% |
| 2010 | 0.64x | $1.96 Billion | $3.08 Billion | $1.96 Billion | ▼ -28.6% |
| 2009 | 0.89x | $2.20 Billion | $2.46 Billion | $2.20 Billion | ▼ -31.3% |
| 2008 | 1.30x | $2.89 Billion | $2.22 Billion | $2.89 Billion | ▲ +35.0% |
| 2007 | 0.96x | $1.63 Billion | $1.69 Billion | $1.63 Billion | ▲ +42.1% |
| 2006 | 0.68x | $1.31 Billion | $1.94 Billion | $1.31 Billion | ▲ +24.6% |
| 2005 | 0.54x | $1.21 Billion | $2.22 Billion | $1.21 Billion | ▲ +20.7% |
| 2004 | 0.45x | $846.00 Million | $1.88 Billion | $846.00 Million | ▲ +2.8% |
| 2003 | 0.44x | $856.00 Million | $1.95 Billion | $856.00 Million | ▼ -15.8% |
| 2002 | 0.52x | $997.72 Million | $1.92 Billion | $997.72 Million | ▼ -21.7% |
| 2001 | 0.67x | $852.45 Million | $1.28 Billion | $852.45 Million | ▲ +70.7% |
| 2000 | 0.39x | $587.62 Million | $1.51 Billion | $587.62 Million | ▼ -7.2% |
| 1999 | 0.42x | $624.90 Million | $1.49 Billion | $624.90 Million | ▼ -25.7% |
| 1998 | 0.57x | $652.90 Million | $1.16 Billion | $652.90 Million | ▲ +137.5% |
| 1997 | 0.24x | $203.80 Million | $856.40 Million | $203.80 Million | — |