FirstEnergy Corporation (FE) — 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). Check FirstEnergy Corporation total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
FirstEnergy Corporation Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend for FirstEnergy Corporation across 29 annual periods. For the full cash flow conversion analysis, see FirstEnergy Corporation (FE) cash conversion ratio.
Annual Financial Flexibility Index for FirstEnergy Corporation (1997–2025)
Year-by-year free cash flow to debt coverage for FirstEnergy Corporation. Explore FE debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| 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 | — |