D vs. FE: Dominion Energy vs. FirstEnergy Stock Comparison

November 11, 2026

How do Dominion Energy (D) and FirstEnergy (FE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Dominion Energy (D) and FirstEnergy (FE) both fall under the Utilities industry group, but D is classified in Multi-Utilities while FE is classified in Electric Utilities.

Company profile comparison for Dominion Energy (D) and FirstEnergy (FE)
Profile Item	D	FE
Name	Dominion Energy, Inc.	FirstEnergy Corp.
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Multi-Utilities	Electric Utilities
GICS Sub-Industry	Multi-Utilities	Electric Utilities
Market Capitalization	60.34 billion USD	26.88 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	November 10, 1997
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GSPC

Dominion Energy (D) vs. FirstEnergy (FE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Dominion Energy (D) and FirstEnergy (FE). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Dominion Energy (D) and FirstEnergy (FE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Dominion Energy (D) and FirstEnergy (FE)
Metric	D	FE
Total Return (1Y)	16.61%	5.62%
Total Return (3Y, Annualized)	20.91%	14.20%
Total Return (5Y, Annualized)	2.95%	8.32%

Risk Profile

Drawdown History

GSPC

Dominion Energy (D) vs. FirstEnergy (FE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Dominion Energy (D) and FirstEnergy (FE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Dominion Energy (D) and FirstEnergy (FE)
Metric	D	FE
Volatility (1Y, Annualized)	21.38%	16.31%
Beta (5Y)	0.60	0.39
Max Drawdown (5Y)	-52.20%	-28.59%
Avg. Volume (3M)	4.42M	4.29M

Risk-Adjusted Performance

Risk-Return Positioning

D and FE are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Dominion Energy (D) and FirstEnergy (FE)
Metric	D	FE
Sharpe Ratio (1Y)	0.58	0.08
Sortino Ratio (1Y)	0.94	0.11

Profitability

ROE (TTM)

Both Dominion Energy (D) at 8.82% and FirstEnergy (FE) at 10.04% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

D

Utilities industry group

8.82%

Max: 17.99%
Q3: 12.01%
Median: 9.44%
D: 8.82%
Q1: 7.56%
Min: 2.17%

FE

Utilities industry group

10.04%

Max: 17.99%
Q3: 12.01%
FE: 10.04%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Dominion Energy (D) at 13.99% keeps about the industry-typical share of revenue as profit, while FirstEnergy (FE) at 7.49% retains only a bottom-quartile share.

D

Utilities industry group

13.99%

Max: 28.78%
Q3: 17.30%
D: 13.99%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

FE

Utilities industry group

7.49%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
Q1: 9.18%
FE: 7.49%
Min: -0.20%

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Dominion Energy (D) at 35.07% operates in the top operating margin quartile, ahead of FirstEnergy (FE) at 21.24%, which runs around its industry’s norm.

D

Utilities industry group

35.07%

Max: 53.83%
D: 35.07%
Q3: 31.12%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

FE

Utilities industry group

21.24%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
FE: 21.24%
Q1: 15.45%
Min: -4.90%

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Dominion Energy (D) and FirstEnergy (FE)
Metric	D	FE
ROE (TTM)	8.82%	10.04%
ROA (TTM)	3.17%	3.66%
Net Margin (TTM)	13.99%	7.49%
Operating Margin (TTM)	35.07%	21.24%
Gross Margin (TTM)	46.51%	69.63%

Growth

Revenue Growth

Dominion Energy (D) at 14.16% sits in the top revenue growth quartile, while FirstEnergy (FE) at 12.01% is closer to the peer norm — faster top-line expansion for D.

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Dominion Energy (D) at 39.78% sits in the top EPS growth quartile, while FirstEnergy (FE) at 3.53% is closer to the peer norm — faster per-share earnings growth for D.

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Dominion Energy (D) and FirstEnergy (FE)
Metric	D	FE
Revenue Growth (YoY)	14.16%	12.01%
Revenue Growth (3Y CAGR)	5.80%	6.59%
EPS Growth (YoY)	39.78%	3.53%
EPS Growth (3Y CAGR)	46.26%	35.34%

Financial Strength

Current Ratio (MRQ)

Dominion Energy (D) at 0.88 keeps current ratio within its industry’s typical mid-range, while FirstEnergy (FE) at 0.38 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for FE.

D

Utilities industry group

0.88

Max: 1.90
Q3: 1.17
Median: 0.88
D: 0.88
Q1: 0.66
Min: 0.29

FE

Utilities industry group

0.38

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
FE: 0.38
Min: 0.29

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Dominion Energy (D) at 1.62 carries an industry-typical debt-to-equity mix, while FirstEnergy (FE) at 2.07 uses more debt funding than most peers.

D

Utilities industry group

1.62

Max: 2.63
Q3: 1.77
D: 1.62
Median: 1.35
Q1: 0.84
Min: 0.00

FE

Utilities industry group

2.07

Max: 2.63
FE: 2.07
Q3: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Dominion Energy (D) and FirstEnergy (FE)
Metric	D	FE
Current Ratio (MRQ)	0.88	0.38
Debt / Equity (MRQ)	1.62	2.07
Net Debt / EBITDA	6.21	5.85

Dividends

Dividend Yield (TTM)

Both Dominion Energy (D) at 3.83% and FirstEnergy (FE) at 3.90% offer top-quartile dividend income relative to share price within their industries.

D

Utilities industry group

3.83%

Max: 6.66%
D: 3.83%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

FE

Utilities industry group

3.90%

Max: 6.66%
FE: 3.90%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Both Dominion Energy (D) at 88.12% and FirstEnergy (FE) at 87.92% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

D

Utilities industry group

88.12%

Max: 113.04%
D: 88.12%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

FE

Utilities industry group

87.92%

Max: 113.04%
FE: 87.92%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Dominion Energy (D) and FirstEnergy (FE)
Metric	D	FE
Dividend Yield (TTM)	3.83%	3.90%
Dividend Payout Ratio (TTM)	88.12%	87.92%

Valuation

P/E Ratio (TTM)

Both Dominion Energy (D) at 22.64 and FirstEnergy (FE) at 22.43 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

D

Utilities industry group

22.64

Max: 31.22
Q3: 23.30
D: 22.64
Median: 19.64
Q1: 15.17
Min: 3.34

FE

Utilities industry group

22.43

Max: 31.22
Q3: 23.30
FE: 22.43
Median: 19.64
Q1: 15.17
Min: 3.34

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Dominion Energy (D) at 3.14 and FirstEnergy (FE) at 1.68 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

D

Utilities industry group

3.14

Max: 6.35
Q3: 3.63
D: 3.14
Median: 2.63
Q1: 1.52
Min: 0.00

FE

Utilities industry group

1.68

Max: 6.35
Q3: 3.63
Median: 2.63
FE: 1.68
Q1: 1.52
Min: 0.00

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Dominion Energy (D) at 2.11 and FirstEnergy (FE) at 2.07 are valued close to their industries’ norm against book — neither stands out from peers.

D

Utilities industry group

2.11

Max: 3.12
Q3: 2.21
D: 2.11
Median: 1.83
Q1: 1.46
Min: 0.34

FE

Utilities industry group

2.07

Max: 3.12
Q3: 2.21
FE: 2.07
Median: 1.83
Q1: 1.46
Min: 0.34

Dominion Energy (D) vs. FirstEnergy (FE): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Dominion Energy (D) and FirstEnergy (FE)
Metric	D	FE
P/E Ratio (TTM)	22.64	22.43
P/S Ratio (TTM)	3.14	1.68
P/B Ratio (MRQ)	2.11	2.07
Free Cash Flow Yield (TTM)	-12.95%	-9.48%