FirstEnergy Corporation Financial Flexibility Index
FirstEnergy Corporation financial flexibility index. FirstEnergy Corporation (FE) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of $1.40 Billion (operating CF $148.00 Million minus capex $1.25 Billion) represents 0% of total liabilities ($42.81 Billion). See cash generation quality of FirstEnergy Corporation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of FirstEnergy Corporation (1997–2025)
Financial flexibility index of FirstEnergy Corporation from 1997 to 2025. Historical Financial Flexibility Index trend for FirstEnergy Corporation across 29 annual periods. Check FE operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
FirstEnergy Corporation Financial Flexibility Index by Year (1997–2025)
FirstEnergy Corporation financial flexibility index by year from 1997 to 2025. Year-by-year free cash flow to debt coverage for FirstEnergy Corporation. For the full cash flow conversion analysis, see FE cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.20x | $8.40 Billion | $3.70 Billion | $41.98 Billion | ▲ +10.9% |
| 2024 | 0.18x | $6.92 Billion | $2.89 Billion | $38.32 Billion | ▲ +44.1% |
| 2023 | 0.13x | $4.74 Billion | $1.39 Billion | $37.85 Billion | ▼ -18.3% |
| 2022 | 0.15x | $5.44 Billion | $2.68 Billion | $35.47 Billion | ▲ +7.3% |
| 2021 | 0.14x | $5.26 Billion | $2.81 Billion | $36.76 Billion | ▲ +30.5% |
| 2020 | 0.11x | $4.08 Billion | $1.42 Billion | $37.23 Billion | ▼ -24.6% |
| 2019 | 0.15x | $5.13 Billion | $2.47 Billion | $35.33 Billion | ▲ +18.2% |
| 2018 | 0.12x | $4.08 Billion | $1.41 Billion | $33.25 Billion | ▼ -29.2% |
| 2017 | 0.17x | $6.65 Billion | $3.81 Billion | $38.33 Billion | ▼ -0.6% |
| 2016 | 0.17x | $6.44 Billion | $3.37 Billion | $36.91 Billion | ▲ +9.4% |
| 2015 | 0.16x | $6.34 Billion | $3.45 Billion | $39.77 Billion | ▲ +1.3% |
| 2014 | 0.16x | $6.26 Billion | $2.71 Billion | $39.74 Billion | ▲ +7.0% |
| 2013 | 0.15x | $5.55 Billion | $2.66 Billion | $37.73 Billion | ▲ +3.9% |
| 2012 | 0.14x | $5.28 Billion | $2.32 Billion | $37.31 Billion | ▼ -9.8% |
| 2011 | 0.16x | $5.34 Billion | $3.06 Billion | $34.03 Billion | ▼ -18.1% |
| 2010 | 0.19x | $5.04 Billion | $3.08 Billion | $26.29 Billion | ▲ +5.7% |
| 2009 | 0.18x | $4.67 Billion | $2.46 Billion | $25.75 Billion | ▼ -10.4% |
| 2008 | 0.20x | $5.11 Billion | $2.22 Billion | $25.24 Billion | ▲ +40.4% |
| 2007 | 0.14x | $3.33 Billion | $1.69 Billion | $23.09 Billion | ▼ -1.9% |
| 2006 | 0.15x | $3.25 Billion | $1.94 Billion | $22.16 Billion | ▼ -3.0% |
| 2005 | 0.15x | $3.43 Billion | $2.22 Billion | $22.65 Billion | ▲ +24.9% |
| 2004 | 0.12x | $2.72 Billion | $1.88 Billion | $22.48 Billion | ▲ +6.2% |
| 2003 | 0.11x | $2.81 Billion | $1.95 Billion | $24.62 Billion | ▲ +3.6% |
| 2002 | 0.11x | $2.91 Billion | $1.92 Billion | $26.46 Billion | ▲ +54.5% |
| 2001 | 0.07x | $2.13 Billion | $1.28 Billion | $29.95 Billion | ▼ -55.2% |
| 2000 | 0.16x | $2.10 Billion | $1.51 Billion | $13.17 Billion | ▲ +2.0% |
| 1999 | 0.16x | $2.11 Billion | $1.49 Billion | $13.54 Billion | ▲ +16.5% |
| 1998 | 0.13x | $1.81 Billion | $1.16 Billion | $13.49 Billion | ▲ +74.4% |
| 1997 | 0.08x | $1.06 Billion | $856.40 Million | $13.80 Billion | — |