FirstEnergy's regulated utilities are focused on accelerating investments that should result in solid earnings growth. The company expects to invest $26 billion through 2028, a 44% increase from the previous five-year capital investment plan, supporting our expectations for the company to achieve the midpoint of management's 6%-8% annual earnings growth target.
FirstEnergy's narrow-moat businesses support operating earnings and roughly $26 billion of investment growth opportunities.
Relationships with Ohio regulators may take years to mend and could pressure returns in that jurisdiction.
|
Metric
|
FE
|
AEP
|
DUK
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.84 | 15.90 | 17.22 |
Price/Book Value | 2.08 | 1.74 | 1.59 |
Price/Sales | 1.69 | 2.28 | 2.58 |
Price/Cash Flow | 12.19 | 7.58 | 7.79 |
|
Metric
|
FE
|
AEP
|
DUK
|
|---|---|---|---|
Quick Ratio | 0.32 | 0.27 | 0.25 |
Current Ratio | 0.48 | 0.53 | 0.74 |
Interest Coverage | 2.43 | 2.22 | 2.57 |
|
Metric
|
FE
|
AEP
|
DUK
|
|---|---|---|---|
Return on Assets (Normalized) | 2.64% | 2.26% | 0.49% |
Return on Equity (Normalized) | 11.99% | 8.82% | 1.85% |
Return on Invested Capital (Normalized) | 6.06% | 5.77% | 2.77% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Mxdbsgnm | Ljfnnjg | $128.9 Bil | |
SO
| Southern Co | Rtvzkcskgv | Pbvsjrh | $74.9 Bil | |
DUK
| Duke Energy Corp | Hgncqwqyc | Ypcyqlm | $72.6 Bil | |
NGG
| National Grid PLC ADR | Spbwyzvz | Jvbw | $48.4 Bil | |
AEP
| American Electric Power Co Inc | Lrbjznfz | Bpmjq | $42.6 Bil | |
PCG
| PG&E Corp | Gfdqgnz | Xcpd | $42.6 Bil | |
D
| Dominion Energy Inc | Bngtnjgw | Vkkbg | $40.1 Bil | |
EXC
| Exelon Corp | Dvqdzxzj | Hbxtgs | $36.3 Bil | |
PEG
| Public Service Enterprise Group Inc | Pqdzbppv | Zhxgbt | $32.5 Bil | |
ED
| Consolidated Edison Inc | Ykwlwmhg | Ghjl | $30.9 Bil |
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