ES vs. FE: Eversource Energy vs. FirstEnergy Stock Comparison

November 11, 2026

How do Eversource Energy (ES) 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

Eversource Energy (ES) and FirstEnergy (FE) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.

Company profile comparison for Eversource Energy (ES) and FirstEnergy (FE)
Profile Item	ES	FE
Name	Eversource Energy	FirstEnergy Corp.
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Electric Utilities	Electric Utilities
GICS Sub-Industry	Electric Utilities	Electric Utilities
Market Capitalization	26.31 billion USD	26.88 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	November 10, 1997
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GSPC

Eversource Energy (ES) 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

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

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Eversource Energy (ES) and FirstEnergy (FE)
Metric	ES	FE
Total Return (1Y)	0.35%	5.62%
Total Return (3Y, Annualized)	14.06%	14.20%
Total Return (5Y, Annualized)	0.61%	8.32%

Risk Profile

Drawdown History

GSPC

Eversource Energy (ES) 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

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

Risk Metrics

Risk profile metrics for Eversource Energy (ES) and FirstEnergy (FE)
Metric	ES	FE
Volatility (1Y, Annualized)	24.60%	16.31%
Beta (5Y)	0.65	0.39
Max Drawdown (5Y)	-41.69%	-28.59%
Avg. Volume (3M)	2.53M	4.29M

Risk-Adjusted Performance

Risk-Return Positioning

ES 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 Eversource Energy (ES) and FirstEnergy (FE)
Metric	ES	FE
Sharpe Ratio (1Y)	-0.16	0.08
Sortino Ratio (1Y)	-0.20	0.11

Profitability

ROE (TTM)

Capital efficiency shows on one side only: FirstEnergy (FE) earns 10.04% on shareholders’ equity, ranked against its industry; Eversource Energy (ES) has no ROE this period.

ES

Utilities industry group

Max: 17.99%
Q3: 12.01%
Median: 9.44%
Q1: 7.56%
Min: 2.17%
ES: --

FE

Utilities industry group

10.04%

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

Eversource Energy (ES) vs. FirstEnergy (FE): ES does not report ROE, so it has no value marker; FE is benchmarked against the Utilities industry group.

Net Margin (TTM)

Eversource Energy (ES) at 10.38% keeps about the industry-typical share of revenue as profit, while FirstEnergy (FE) at 7.49% retains only a bottom-quartile share.

ES

Utilities industry group

10.38%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
ES: 10.38%
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%

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

Operating Margin (TTM)

Both Eversource Energy (ES) at 21.14% and FirstEnergy (FE) at 21.24% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

ES

Utilities industry group

21.14%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
ES: 21.14%
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%

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

Profitability Metrics

Profitability metrics for Eversource Energy (ES) and FirstEnergy (FE)
Metric	ES	FE
ROE (TTM)	--	10.04%
ROA (TTM)	--	3.66%
Net Margin (TTM)	10.38%	7.49%
Operating Margin (TTM)	21.14%	21.24%
Gross Margin (TTM)	51.63%	69.63%

Growth

Revenue Growth

Eversource Energy (ES) at 13.83% sits in the top revenue growth quartile, while FirstEnergy (FE) at 12.01% is closer to the peer norm — faster top-line expansion for ES.

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

EPS Growth

Eversource Energy (ES) at 100.88% clears its industry range for EPS growth, a much stronger earnings trajectory than FirstEnergy (FE) at 3.53%, which is closer to a typical peer reading.

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

Growth Metrics

Growth metrics for Eversource Energy (ES) and FirstEnergy (FE)
Metric	ES	FE
Revenue Growth (YoY)	13.83%	12.01%
Revenue Growth (3Y CAGR)	3.30%	6.59%
EPS Growth (YoY)	100.88%	3.53%
EPS Growth (3Y CAGR)	4.03%	35.34%

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: FirstEnergy (FE) shows current ratio of 0.38 against its industry benchmark, while Eversource Energy (ES) has no reading this period.

ES

Utilities industry group

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
Min: 0.29
ES: --

FE

Utilities industry group

0.38

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

Eversource Energy (ES) vs. FirstEnergy (FE): ES does not report current ratio, so it has no value marker; FE is benchmarked against the Utilities industry group.

Debt / Equity (MRQ)

Both Eversource Energy (ES) at 1.81 and FirstEnergy (FE) at 2.07 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.

ES

Utilities industry group

1.81

Max: 2.63
ES: 1.81
Q3: 1.77
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

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

Financial Strength Metrics

Financial strength metrics for Eversource Energy (ES) and FirstEnergy (FE)
Metric	ES	FE
Current Ratio (MRQ)	--	0.38
Debt / Equity (MRQ)	1.81	2.07
Net Debt / EBITDA	5.73	5.85

Dividends

Dividend Yield (TTM)

Both Eversource Energy (ES) at 4.33% and FirstEnergy (FE) at 3.90% offer top-quartile dividend income relative to share price within their industries.

ES

Utilities industry group

4.33%

Max: 6.66%
ES: 4.33%
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%

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

Dividend Payout Ratio (TTM)

Both Eversource Energy (ES) at 82.19% and FirstEnergy (FE) at 87.92% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

ES

Utilities industry group

82.19%

Max: 113.04%
ES: 82.19%
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%

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

Dividend Metrics

Dividend metrics for Eversource Energy (ES) and FirstEnergy (FE)
Metric	ES	FE
Dividend Yield (TTM)	4.33%	3.90%
Dividend Payout Ratio (TTM)	82.19%	87.92%

Valuation

P/E Ratio (TTM)

Both Eversource Energy (ES) at 18.43 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.

ES

Utilities industry group

18.43

Max: 31.22
Q3: 23.30
Median: 19.64
ES: 18.43
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

Eversource Energy (ES) 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 Eversource Energy (ES) at 1.91 and FirstEnergy (FE) at 1.68 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

ES

Utilities industry group

1.91

Max: 6.35
Q3: 3.63
Median: 2.63
ES: 1.91
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

Eversource Energy (ES) 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 Eversource Energy (ES) at 1.61 and FirstEnergy (FE) at 2.07 are valued close to their industries’ norm against book — neither stands out from peers.

ES

Utilities industry group

1.61

Max: 3.12
Q3: 2.21
Median: 1.83
ES: 1.61
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

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

Valuation Metrics

Valuation metrics for Eversource Energy (ES) and FirstEnergy (FE)
Metric	ES	FE
P/E Ratio (TTM)	18.43	22.43
P/S Ratio (TTM)	1.91	1.68
P/B Ratio (MRQ)	1.61	2.07
Free Cash Flow Yield (TTM)	--	-9.48%