FirstEnergy Corporation (FE) — Cash Flow Reinvestment Rate

Latest as of March 2026: 8.50x

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. See FirstEnergy Corporation (FE) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

8.50x
(Capex + Investments) / Operating CF

Total Reinvested

$1.26 Billion
Capex + Investments

Operating Cash Flow

$148.00 Million
USD

Capital Expenditures

$1.25 Billion
USD

FirstEnergy Corporation Cash Flow Reinvestment Rate (1997–2025)

Historical reinvestment intensity for FirstEnergy Corporation across 29 annual periods. For the full cash flow conversion analysis, see FirstEnergy Corporation (FE) cash flow conversion.

Annual Cash Flow Reinvestment Rate for FirstEnergy Corporation (1997–2025)

Year-by-year capital reinvestment analysis for FirstEnergy Corporation. See financial agility of FirstEnergy Corporation to measure the company's free cash flow as a share of total liabilities.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow