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
|
ETR
|
AEP
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.02 | 15.83 | 16.48 |
Price/Book Value | 2.11 | 1.56 | 1.80 |
Price/Sales | 1.71 | 1.87 | 2.37 |
Price/Cash Flow | 12.34 | 6.00 | 7.86 |
|
Metric
|
FE
|
ETR
|
AEP
|
|---|---|---|---|
Quick Ratio | 0.32 | 0.24 | 0.27 |
Current Ratio | 0.48 | 0.57 | 0.53 |
Interest Coverage | 2.43 | 2.50 | 2.22 |
|
Metric
|
FE
|
ETR
|
AEP
|
|---|---|---|---|
Return on Assets (Normalized) | 2.64% | 3.89% | 2.26% |
Return on Equity (Normalized) | 11.99% | 17.15% | 8.82% |
Return on Invested Capital (Normalized) | 6.06% | 7.33% | 5.77% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NEE
| NextEra Energy Inc | Htsvqwdw | Rbwyldm | $136.7 Bil | |
SO
| Southern Co | Dbttvvfh | Kvprb | $80.9 Bil | |
DUK
| Duke Energy Corp | Rqrslhd | Cxrvww | $76.3 Bil | |
NGG
| National Grid PLC ADR | Jrvhhjrr | Xtg | $48.9 Bil | |
AEP
| American Electric Power Co Inc | Ksklntkk | Qkzlq | $45.5 Bil | |
PCG
| PG&E Corp | Lxlmjlxm | Tfcj | $44.3 Bil | |
D
| Dominion Energy Inc | Ttnbscdl | Qkjwsgz | $42.9 Bil | |
EXC
| Exelon Corp | Tpkqvgtq | Qsbhx | $37.8 Bil | |
PEG
| Public Service Enterprise Group Inc | Jffhffk | Wqhbzn | $33.5 Bil | |
ED
| Consolidated Edison Inc | Cpjzccv | Vkq | $32.1 Bil |
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