FE vs SO

FirstEnergy (FE) and Southern (SO) compared side by side. Southern (SO) is larger, with a market cap of $106.9B versus $26.7B for FirstEnergy, about 4.0 times the size. On trailing earnings, SO is cheaper at 22.4x versus 24.7x for FE.

Head to head

MetricFESO
Market cap$26.7B$106.9B
P/E (TTM)24.7x22.4x
Forward P/E15.7x18.9x
Revenue (TTM)$15.6B$30.2B
Revenue growth8.8%0.1%
Gross margin68.6%48.3%
Operating margin19.3%29.6%
Free cash flow-$2.0B-$3.3B
Dividend yield4.03%3.27%
1-year return+3.2%-0.2%
5-year return (annual)+8.4%+12.1%
Max drawdown-56%-38%
FI Handbook gradeCC-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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FESO

FE vs SO FAQ

Which is bigger, FE or SO?

Southern (SO) is larger, with a market cap of $106.9B versus $26.7B for FirstEnergy, about 4.0 times the size.

Is FE or SO cheaper?

On trailing earnings, SO is cheaper at 22.4x versus 24.7x for FE. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, FE or SO?

FE returned +3.2% over the past year including dividends, versus -0.2% for SO, through October 23, 2026.

Which pays a higher dividend, FE or SO?

FE yields 4.03% versus 3.27% for SO.

Full pages: FirstEnergy · Southern