FirstEnergy Corporation (FE) — Free Cash Flow Generation Index
FirstEnergy Corporation (FE) has a Free Cash Flow Generation Index of 3.63x as of September 2025. Free cash flow of $3.07 Billion represents 4% of operating cash flow ($845.00 Million). See FirstEnergy Corporation working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
FirstEnergy Corporation Free Cash Flow Generation Index (1997–2024)
Historical FCF Generation Index trend for FirstEnergy Corporation across 28 annual periods. Explore FirstEnergy Corporation (FE) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for FirstEnergy Corporation (1997–2024)
Year-by-year Free Cash Flow Generation Index for FirstEnergy Corporation. For the full company profile including market capitalisation, see FE market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | -0.39x | $-1.14 Billion | $2.89 Billion | $4.03 Billion | ▲ +72.2% |
| 2023 | -1.42x | $-1.97 Billion | $1.39 Billion | $3.36 Billion | ▼ -5117.6% |
| 2022 | -0.03x | $-73.00 Million | $2.68 Billion | $2.76 Billion | ▼ -120.9% |
| 2021 | 0.13x | $366.00 Million | $2.81 Billion | $2.44 Billion | ▲ +115.0% |
| 2020 | -0.87x | $-1.23 Billion | $1.42 Billion | $2.66 Billion | ▼ -980.5% |
| 2019 | -0.08x | $-198.00 Million | $2.47 Billion | $2.67 Billion | ▲ +91.1% |
| 2018 | -0.90x | $-1.26 Billion | $1.41 Billion | $2.67 Billion | ▼ -453.3% |
| 2017 | 0.25x | $967.00 Million | $3.81 Billion | $2.84 Billion | ▲ +181.6% |
| 2016 | 0.09x | $304.00 Million | $3.37 Billion | $3.07 Billion | ▼ -43.8% |
| 2015 | 0.16x | $553.00 Million | $3.45 Billion | $2.89 Billion | ▲ +152.3% |
| 2014 | -0.31x | $-832.00 Million | $2.71 Billion | $3.54 Billion | ▼ -261.2% |
| 2013 | -0.08x | $-226.00 Million | $2.66 Billion | $2.89 Billion | ▲ +69.4% |
| 2012 | -0.28x | $-644.00 Million | $2.32 Billion | $2.96 Billion | ▼ -208.3% |
| 2011 | 0.26x | $785.00 Million | $3.06 Billion | $2.28 Billion | ▼ -29.2% |
| 2010 | 0.36x | $1.11 Billion | $3.08 Billion | $1.96 Billion | ▲ +240.4% |
| 2009 | 0.11x | $262.00 Million | $2.46 Billion | $2.20 Billion | ▲ +135.3% |
| 2008 | -0.30x | $-669.00 Million | $2.22 Billion | $2.89 Billion | ▼ -937.2% |
| 2007 | 0.04x | $61.00 Million | $1.69 Billion | $1.63 Billion | ▼ -88.8% |
| 2006 | 0.32x | $624.00 Million | $1.94 Billion | $1.31 Billion | ▼ -29.4% |
| 2005 | 0.46x | $1.01 Billion | $2.22 Billion | $1.21 Billion | ▼ -17.0% |
| 2004 | 0.55x | $1.03 Billion | $1.88 Billion | $846.00 Million | ▼ -2.2% |
| 2003 | 0.56x | $1.10 Billion | $1.95 Billion | $856.00 Million | ▲ +17.2% |
| 2002 | 0.48x | $917.56 Million | $1.92 Billion | $997.72 Million | ▲ +43.1% |
| 2001 | 0.33x | $429.24 Million | $1.28 Billion | $852.45 Million | ▼ -45.1% |
| 2000 | 0.61x | $920.21 Million | $1.51 Billion | $587.62 Million | ▲ +5.2% |
| 1999 | 0.58x | $863.40 Million | $1.49 Billion | $624.90 Million | ▲ +33.4% |
| 1998 | 0.43x | $502.40 Million | $1.16 Billion | $652.90 Million | ▼ -42.9% |
| 1997 | 0.76x | $652.60 Million | $856.40 Million | $203.80 Million | — |