Using the latest TTM figures, Firstenergy shows a gross margin of 32.2%, an operating margin of 23.3%, an EBITDA margin of 37.1%, and a net margin of 7.4%. Gross margin had the largest decline, falling by 8.1 percentage points, while the other available margins also weakened.
FE margin history
Over the last 3 years, Firstenergy recorded average margins of 36.55% gross, 25.85% operating, 37.65% EBITDA, and 7.63% net. The current gross, operating, EBITDA, and net margins are all below their three-year averages.
FE margin expansion
Year over year, gross, operating, EBITDA, and net margins all declined, with gross margin showing the largest decrease at 8.1 percentage points.
FE Gross margin
Over the last 3 years, Firstenergy's gross margin averaged 36.55%. The current gross margin of 32.2% is 4.4 percentage points below its three-year average. During this period, gross margin reached a high of 40.3% in Sep 2025 and a low of 32.2% in Sep 2026.
FE Operating margin
Over the last 3 years, Firstenergy had an average operating margin of 25.85%. Against its three-year average, Firstenergy's operating margin is currently 23.3%, 2.6 percentage points below its three-year average. Looking back over the last 3 years, Firstenergy's operating margin reached 28.4% at its highest point in Sep 2025 and 23.3% at its lowest in Sep 2026.
FE EBITDA margin
Over the last 3 years, the average EBITDA margin for Firstenergy was 37.65%. Against its three-year average, Firstenergy's EBITDA margin is currently 37.1%, 0.6 percentage points below its three-year average. Firstenergy's EBITDA margin ranged from a low of 34.7% in Mar 2026 to a high of 39.7% in Sep 2025.
FE Net margin
Firstenergy's net margin averaged 7.63% across the past 3 years. Compared with its three-year average, Firstenergy's current net margin is 7.4% and is 0.2 percentage points below its three-year average. Over the last 3 years, Firstenergy's net margin peaked at 9.3% in Jun 2025 and reached a low of 6.6% in Jun 2024.
FE margin group comparison
Firstenergy's gross margin of 32.2% is lower than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 42.7%, Firstenergy's gross margin is 25% lower.
FE margin peer comparison
Frequently asked questions
What is Firstenergy's gross margin?
For the period ending Sep 30, 2026, FE recorded a gross margin of 32.2%.
What is Firstenergy's operating margin?
For the period ending Sep 30, 2026, FE recorded an operating margin of 23.3%.
What is Firstenergy's EBITDA margin?
As of Sep 30, 2026, FE has an EBITDA margin of 37.1%.
What is Firstenergy's net margin?
As of Sep 30, 2026, FE has a net margin of 7.4%.
What are the average margins of FE?
The three-year average margins for FE were 36.6% gross, 25.9% operating, 37.7% EBITDA, and 7.6% net.
What are the highest historical margins of FE?
Looking back across 5 years, FE reached 40.3% gross in Sep 2025, 28.4% operating in Sep 2025, 49.2% EBITDA in Dec 2021, and 11.8% net in Jun 2022.
What are the lowest historical margins of FE?
Across the 5-year period, FE posted its lowest margins at 31.7% gross in Mar 2023, 23.3% operating in Sep 2026, 34.7% EBITDA in Mar 2026, and 3.2% net in Mar 2023.