FirstEnergy Corporation (FE) — Free Cash Flow Generation Index
FirstEnergy Corporation (FE) has a Free Cash Flow Generation Index of -7.48x as of March 2026. Free cash flow of $-1.11 Billion represents -7% of operating cash flow ($148.00 Million). Explore FE capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
FirstEnergy Corporation Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for FirstEnergy Corporation across 29 annual periods. For the full cash flow conversion analysis, see FE cash flow conversion.
Annual Free Cash Flow Generation for FirstEnergy Corporation (1997–2025)
Year-by-year Free Cash Flow Generation Index for FirstEnergy Corporation. Check FirstEnergy Corporation total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.27x | $-1.00 Billion | $3.70 Billion | $4.71 Billion | ▲ +31.1% |
| 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 | — |