FirstEnergy Income Before Tax vs Gross Profit Analysis

FE Stock

USD 40.44 0.60 1.51%

FirstEnergy financial indicator trend analysis is much more than just examining FirstEnergy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FirstEnergy is a good investment. Please check the relationship between FirstEnergy Income Before Tax and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FirstEnergy Income Before Tax account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between FirstEnergy's Income Before Tax and Gross Profit is -0.19. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of FirstEnergy, assuming nothing else is changed. The correlation between historical values of FirstEnergy's Income Before Tax and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of FirstEnergy are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., FirstEnergy's Income Before Tax and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on FirstEnergy income statement and is an important metric when analyzing FirstEnergy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of FirstEnergy minus its cost of goods sold. It is profit before FirstEnergy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from FirstEnergy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FirstEnergy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.At present, FirstEnergy's Tax Provision is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	7.7B	7.9B	8.2B	8.2B
Total Revenue	11.1B	12.5B	12.9B	12.9B

Gross Profit Total Revenue

FirstEnergy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Common Stock Total Equity	Property Plant And Equipment Gross
Total Assets		0.77	0.46	0.72	0.74	0.93	-0.11	0.8	0.28	0.36	0.01	1.0	-0.13	0.01	0.88	0.61	0.89	0.65	0.31	0.44	0.94	0.82	0.46	0.5	0.49	0.75
Short Long Term Debt Total	0.77		0.27	0.46	0.19	0.89	-0.06	0.99	-0.29	0.3	0.41	0.77	0.17	0.41	0.58	0.87	0.92	0.1	0.16	0.48	0.91	0.6	0.23	0.8	0.8	0.84
Other Current Liab	0.46	0.27		0.38	0.47	0.39	-0.14	0.32	0.33	-0.2	-0.3	0.47	-0.09	-0.3	0.44	0.31	0.26	0.41	0.12	-0.18	0.35	0.26	0.18	0.3	0.29	0.35
Total Current Liabilities	0.72	0.46	0.38		0.57	0.54	-0.25	0.5	0.26	0.45	-0.16	0.7	0.04	-0.16	0.79	0.24	0.49	0.66	0.57	0.52	0.66	0.73	0.91	0.14	0.13	0.36
Total Stockholder Equity	0.74	0.19	0.47	0.57		0.57	-0.07	0.24	0.83	0.16	-0.32	0.74	-0.37	-0.32	0.66	0.14	0.37	0.8	0.25	0.1	0.46	0.59	0.41	0.09	0.09	0.45
Property Plant And Equipment Net	0.93	0.89	0.39	0.54	0.57		-0.08	0.91	0.09	0.36	0.16	0.94	0.0	0.16	0.72	0.82	0.93	0.36	0.18	0.37	0.92	0.64	0.24	0.75	0.74	0.89
Current Deferred Revenue	-0.11	-0.06	-0.14	-0.25	-0.07	-0.08		-0.13	-0.02	-0.73	0.57	-0.14	-0.15	0.57	-0.12	0.11	-0.03	-0.28	-0.55	0.08	-0.1	0.2	-0.3	0.1	0.1	0.01
Net Debt	0.8	0.99	0.32	0.5	0.24	0.91	-0.13		-0.25	0.36	0.3	0.81	0.17	0.3	0.63	0.85	0.94	0.17	0.21	0.47	0.93	0.59	0.26	0.79	0.78	0.84
Retained Earnings	0.28	-0.29	0.33	0.26	0.83	0.09	-0.02	-0.25		-0.15	-0.41	0.28	-0.34	-0.41	0.23	-0.35	-0.13	0.71	0.18	-0.17	-0.05	0.28	0.29	-0.34	-0.34	0.06
Accounts Payable	0.36	0.3	-0.2	0.45	0.16	0.36	-0.73	0.36	-0.15		-0.31	0.38	0.09	-0.31	0.39	0.19	0.35	0.24	0.49	0.32	0.39	0.09	0.39	0.13	0.13	0.18
Cash	0.01	0.41	-0.3	-0.16	-0.32	0.16	0.57	0.3	-0.41	-0.31		-0.02	0.12	1.0	-0.19	0.44	0.26	-0.52	-0.29	0.26	0.18	0.24	-0.17	0.4	0.41	0.25
Non Current Assets Total	1.0	0.77	0.47	0.7	0.74	0.94	-0.14	0.81	0.28	0.38	-0.02		-0.13	-0.02	0.87	0.63	0.89	0.64	0.3	0.43	0.93	0.79	0.44	0.52	0.51	0.77
Non Currrent Assets Other	-0.13	0.17	-0.09	0.04	-0.37	0.0	-0.15	0.17	-0.34	0.09	0.12	-0.13		0.12	-0.24	0.1	-0.02	-0.35	0.19	-0.09	0.01	-0.16	0.13	0.1	0.1	0.04
Cash And Short Term Investments	0.01	0.41	-0.3	-0.16	-0.32	0.16	0.57	0.3	-0.41	-0.31	1.0	-0.02	0.12		-0.19	0.44	0.26	-0.52	-0.29	0.26	0.18	0.24	-0.17	0.4	0.41	0.25
Net Receivables	0.88	0.58	0.44	0.79	0.66	0.72	-0.12	0.63	0.23	0.39	-0.19	0.87	-0.24	-0.19		0.41	0.74	0.74	0.35	0.42	0.83	0.82	0.58	0.28	0.27	0.47
Common Stock Shares Outstanding	0.61	0.87	0.31	0.24	0.14	0.82	0.11	0.85	-0.35	0.19	0.44	0.63	0.1	0.44	0.41		0.78	-0.17	-0.13	0.28	0.72	0.34	-0.08	0.97	0.96	0.81
Non Current Liabilities Total	0.89	0.92	0.26	0.49	0.37	0.93	-0.03	0.94	-0.13	0.35	0.26	0.89	-0.02	0.26	0.74	0.78		0.33	0.17	0.49	0.97	0.7	0.22	0.66	0.65	0.77
Inventory	0.65	0.1	0.41	0.66	0.8	0.36	-0.28	0.17	0.71	0.24	-0.52	0.64	-0.35	-0.52	0.74	-0.17	0.33		0.41	0.19	0.44	0.63	0.61	-0.26	-0.27	0.15
Other Current Assets	0.31	0.16	0.12	0.57	0.25	0.18	-0.55	0.21	0.18	0.49	-0.29	0.3	0.19	-0.29	0.35	-0.13	0.17	0.41		0.21	0.28	0.28	0.72	-0.21	-0.21	0.03
Other Stockholder Equity	0.44	0.48	-0.18	0.52	0.1	0.37	0.08	0.47	-0.17	0.32	0.26	0.43	-0.09	0.26	0.42	0.28	0.49	0.19	0.21		0.54	0.52	0.47	0.24	0.24	0.37
Total Liab	0.94	0.91	0.35	0.66	0.46	0.92	-0.1	0.93	-0.05	0.39	0.18	0.93	0.01	0.18	0.83	0.72	0.97	0.44	0.28	0.54		0.79	0.41	0.6	0.59	0.75
Total Current Assets	0.82	0.6	0.26	0.73	0.59	0.64	0.2	0.59	0.28	0.09	0.24	0.79	-0.16	0.24	0.82	0.34	0.7	0.63	0.28	0.52	0.79		0.62	0.19	0.18	0.45
Short Term Debt	0.46	0.23	0.18	0.91	0.41	0.24	-0.3	0.26	0.29	0.39	-0.17	0.44	0.13	-0.17	0.58	-0.08	0.22	0.61	0.72	0.47	0.41	0.62		-0.16	-0.17	0.11
Common Stock	0.5	0.8	0.3	0.14	0.09	0.75	0.1	0.79	-0.34	0.13	0.4	0.52	0.1	0.4	0.28	0.97	0.66	-0.26	-0.21	0.24	0.6	0.19	-0.16		1.0	0.84
Common Stock Total Equity	0.49	0.8	0.29	0.13	0.09	0.74	0.1	0.78	-0.34	0.13	0.41	0.51	0.1	0.41	0.27	0.96	0.65	-0.27	-0.21	0.24	0.59	0.18	-0.17	1.0		0.84
Property Plant And Equipment Gross	0.75	0.84	0.35	0.36	0.45	0.89	0.01	0.84	0.06	0.18	0.25	0.77	0.04	0.25	0.47	0.81	0.77	0.15	0.03	0.37	0.75	0.45	0.11	0.84	0.84

Click cells to compare fundamentals

FirstEnergy Account Relationship Matchups

FirstEnergy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	42.3B	44.5B	45.4B	46.1B	48.8B	41.1B
Short Long Term Debt Total	21.0B	24.5B	23.9B	21.7B	24.9B	17.9B
Other Current Liab	1.4B	560M	402M	1.8B	1.8B	1.9B
Total Current Liabilities	4.9B	5.0B	4.4B	4.0B	5.4B	5.3B
Total Stockholder Equity	7.0B	7.2B	8.7B	10.2B	10.4B	9.2B
Property Plant And Equipment Net	31.7B	33.3B	34.7B	36.3B	38.4B	25.3B
Current Deferred Revenue	1.1B	1.3B	1.5B	223M	227M	215.7M
Net Debt	20.4B	22.7B	22.4B	21.5B	24.8B	17.5B
Retained Earnings	(4.0B)	(2.9B)	(1.6B)	(1.2B)	(97M)	(92.2M)
Accounts Payable	1.0B	827M	943M	1.5B	1.4B	1.2B
Cash	627M	1.7B	1.5B	160M	137M	130.2M
Non Current Assets Total	39.9B	40.8B	42.2B	43.7B	46.2B	38.2B
Non Currrent Assets Other	1.8B	1.1B	1.1B	1.2B	(3.0B)	(3.2B)
Cash And Short Term Investments	627M	1.7B	1.5B	160M	137M	130.2M
Net Receivables	1.3B	1.4B	1.3B	1.6B	1.6B	1.5B
Common Stock Shares Outstanding	542M	543M	546M	572M	574M	411.5M
Liabilities And Stockholders Equity	42.3B	44.5B	45.4B	46.1B	48.8B	41.1B
Non Current Liabilities Total	30.5B	32.2B	32.3B	31.5B	32.5B	23.8B
Inventory	281M	317M	260M	421M	512M	543.4M
Other Stockholder Equity	10.9B	10.1B	10.2B	1.2B	10.5B	8.2B
Total Liab	35.3B	37.2B	36.8B	35.5B	37.9B	31.9B
Total Current Assets	2.4B	3.7B	3.2B	2.4B	2.6B	2.9B
Accumulated Other Comprehensive Income	20M	(5M)	(15M)	(14M)	(17M)	(17.9M)
Short Term Debt	1.4B	2.3B	1.6B	451M	2.0B	2.6B
Property Plant And Equipment Gross	31.7B	33.3B	47.4B	36.3B	52.2B	27.0B
Other Liab	10.6B	9.8B	10.1B	10.1B	11.6B	9.3B
Other Assets	1.9B	1.1B	1.2B	906M	815.4M	774.6M
Long Term Debt	49M	30M	22.2B	21.2B	22.9B	24.0B
Intangible Assets	5.7B	93M	80M	73M	65.7M	62.4M
Property Plant Equipment	31.7B	33.3B	34.7B	2.0B	2.2B	2.1B
Retained Earnings Total Equity	(4.0B)	(2.9B)	(1.6B)	(1.2B)	(1.1B)	(1.1B)
Deferred Long Term Liab	99M	82M	71M	4.2B	4.8B	5.1B

FirstEnergy Investors Sentiment

The influence of FirstEnergy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in FirstEnergy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to FirstEnergy's public news can be used to forecast risks associated with an investment in FirstEnergy. The trend in average sentiment can be used to explain how an investor holding FirstEnergy can time the market purely based on public headlines and social activities around FirstEnergy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

FirstEnergy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for FirstEnergy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average FirstEnergy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on FirstEnergy.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FirstEnergy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, FirstEnergy's short interest history, or implied volatility extrapolated from FirstEnergy options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether FirstEnergy is a strong investment it is important to analyze FirstEnergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstEnergy's future performance. For an informed investment choice regarding FirstEnergy Stock, refer to the following important reports:

How To Invest In FirstEnergy

Details

Is FirstEnergy Stock a good investment?

Details

What is FirstEnergy's Net Worth?

Details

Largest Electric Utilities Companies

View

Largest Utilities - Regulated Electric Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.

Note that the FirstEnergy information on this page should be used as a complementary analysis to other FirstEnergy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for FirstEnergy Stock analysis

When running FirstEnergy's price analysis, check to measure FirstEnergy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstEnergy is operating at the current time. Most of FirstEnergy's value examination focuses on studying past and present price action to predict the probability of FirstEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstEnergy's price. Additionally, you may evaluate how the addition of FirstEnergy to your portfolios can decrease your overall portfolio volatility.

	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Transaction History View history of all your transactions and understand their impact on performance
	Global Correlations Find global opportunities by holding instruments from different markets
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities

Is FirstEnergy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstEnergy. If investors know FirstEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.14)

Dividend Share

1.6

Earnings Share

1.89

Revenue Per Share

22.216

Quarterly Revenue Growth

0.017

The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

FirstEnergy Income Before Tax vs Gross Profit Analysis

Income Before Tax vs Gross Profit

Income Before Tax vs Gross Profit Correlation Analysis

Correlation Coefficient

Income Before Tax

Gross Profit

FirstEnergy fundamental ratios Correlations

FirstEnergy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FirstEnergy fundamental ratios Accounts

FirstEnergy Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for FirstEnergy Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Common Stock Total Equity	+ 1.0	Common Stock
Net Debt	+ 0.99	Short Long Term Debt Total
Common Stock	+ 0.97	Common Stock Shares Outstanding
Total Liab	+ 0.97	Non Current Liabilities Total

Accounts Payable	- 0.73	Current Deferred Revenue
Other Current Assets	- 0.55	Current Deferred Revenue
Inventory	- 0.52	Cash And Short Term Investments
Inventory	- 0.52	Cash
Cash And Short Term Investments	- 0.41	Retained Earnings
Cash	- 0.41	Retained Earnings