Company research
FirstEnergy Transmission, LLC
CIK 2038118Updated Nov 5, 2026
Filing activity
Latest filing
30 filings on record · 10-Q, 8-K, 10-K, 424B3, EFFECT, CORRESP.
Recent filings
10-Q filing
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Regulation FD Disclosure
Items 1.01, 2.03, 7.01, 9.01
10-Q filing
Entry into a Material Definitive Agreement
Items 1.01, 9.01
10-Q filing
Show 5 more recent filings
10-K filing
Entry into a Material Definitive Agreement
Items 1.01
424B3 filing
Other Events
Items 8.01, 9.01
424B3 filing
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 13,889,000,000Source | 12,565,000,000Source | 11,419,000,000Source |
| GoodwillUSD | 224,000,000Source | 224,000,000Source | 224,000,000Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 8,000,000Source | 8,000,000Source | 76,000,000Source |
| Assets, CurrentUSD | 414,000,000Source | 344,000,000Source | 214,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 412,000,000Source | 412,000,000Source | 413,000,000Source |
| Other Assets, NoncurrentUSD | 38,000,000Source | 47,000,000Source | 36,000,000Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 10,271,000,000Source | 9,255,000,000Source | 8,244,000,000Source |
| Stockholders’ equity: | |||
| Retained Earnings (Accumulated Deficit)USD | 588,000,000Source | 286,000,000Source | 159,000,000Source |
| Liabilities and EquityUSD | 13,889,000,000Source | 12,565,000,000Source | 11,419,000,000Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 891,000,000Source | 1,458,000,000Source | 753,000,000Source |
| Operating Lease, Liability, CurrentUSD | 6,000,000Source | 6,000,000Source | 6,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 405,000,000Source | 406,000,000Source | 406,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 1,540,000,000Source | 1,412,000,000Source | 1,218,000,000Source |
| Other Liabilities, NoncurrentUSD | 9,000,000Source | 9,000,000Source | 8,000,000Source |
| Additional Financial Items | |||
| Deferred Tax Liabilities, NetUSD | 1,540,000,000Source | 1,412,000,000Source | 1,218,000,000Source |
| Long-term Debt, Current MaturitiesUSD | 75,000,000Source | 625,000,000Source | 0Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 578,000,000Source | 411,000,000Source | 438,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Deferred Income Tax Expense (Benefit)USD | 30,000,000Source | 190,000,000Source | 90,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,166,000,000Source | 1,140,000,000Source | 637,000,000Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,673,000,000Source | -1,437,000,000Source | 406,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 5,000,000Source | 2,000,000Source | -2,000,000Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 507,000,000Source | 229,000,000Source | -1,044,000,000Source |
| Dividends paid | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -17,000,000Source | -14,000,000Source | -5,000,000Source |
| Repayments of Long-term DebtUSD | 625,000,000Source | 600,000,000Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 0Source | -68,000,000Source | -1,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 8,000,000Source | 8,000,000Source | 76,000,000Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 253,000,000Source | 248,000,000Source | 218,000,000Source |
| Income Taxes Paid, NetUSD | 50,000,000Source | -16,000,000Source | 74,000,000Source |
| Additional Financial Items | |||
| DepreciationUSD | 351,000,000Source | 321,000,000Source | 291,000,000Source |
| GoodwillUSD | 224,000,000Source | 224,000,000Source | 224,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 90,000,000Source | 162,000,000Source | 136,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 502,000,000Source | 342,000,000Source | 369,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 76,000,000Source | 69,000,000Source | 69,000,000Source |
| Nonoperating Income (Expense)USD | -193,000,000Source | -193,000,000Source | -212,000,000Source |
| Other Nonoperating Income (Expense)USD | 1,000,000Source | 4,000,000Source | 2,000,000Source |
| Proceeds from Contributed CapitalUSD | — | 0Source | 0Source |
| Proceeds from Contributions from ParentUSD | — | 0Source | 0Source |
| Proceeds from Issuance of Long-term DebtUSD | 1,475,000,000Source | 1,200,000,000Source | 325,000,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 61,000,000Source | 40,000,000Source | 26,000,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,802,000,000Source | 1,684,000,000Source | 1,636,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 1,820,000,000Source | 1,701,000,000Source | 1,652,000,000Source |
| Operating Income (Loss)USD | 861,000,000Source | 766,000,000Source | 786,000,000Source |
| Other Nonoperating Income (Expense)USD | 1,000,000Source | 4,000,000Source | 2,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 668,000,000Source | 573,000,000Source | 574,000,000Source |
| Income Tax Expense (Benefit)USD | 90,000,000Source | 162,000,000Source | 136,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 76,000,000Source | 69,000,000Source | 69,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 502,000,000Source | 342,000,000Source | 369,000,000Source |
| Additional Financial Items | |||
| Costs and ExpensesUSD | 959,000,000Source | 935,000,000Source | 866,000,000Source |
| Current Income Tax Expense (Benefit)USD | 60,000,000Source | -28,000,000Source | 46,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source |
| Nonoperating Income (Expense)USD | -193,000,000Source | -193,000,000Source | -212,000,000Source |
| Other Cost and Expense, OperatingUSD | 302,000,000Source | 329,000,000Source | 313,000,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 61,000,000Source | 40,000,000Source | 26,000,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,802,000,000Source | 1,684,000,000Source | 1,636,000,000Source |
| Taxes, MiscellaneousUSD | 301,000,000Source | 279,000,000Source | 256,000,000Source |
Offerings
Registration 333-291265
Filing attachments
ex991-1x8x2026xfetnewsrele.htm · 8-K · 2026-01-08
Exhibit 99.1 FirstEnergy Corp. For Release: January 8, 2026 ───────────────────────────────────────────────────────────── 341 White Pond Drive Akron, Ohio 44320 www.firstenergycorp.com News Media Contact: Investor Contact: Tricia Ingraham Karen Sagot (330) 384-5247 (330) 761-4286 FirstEnergy Transmission, LLC Announces Extension of Exchange Offer for its 4.750% Senior Notes Due 2033 FAIRMONT, W.Va. - FirstEnergy Transmission, LLC (…
Read attachment ↗ex991-12x5x2025xfetnewsrel.htm · 8-K · 2025-12-05
EX-99.1 2 ex991-12x5x2025xfetnewsrel.htm EX-99.1 Document Exhibit 99.1 FirstEnergy Corp. For Release: December 5, 2025 ────────────────────────────────────────────────────────────── 341 White Pond Drive Akron, Ohio 44320 www.firstenergycorp.com News Media Contact: Investor Contact: Tricia Ingraham Karen Sagot (330) 384-5247 (330) 761-4286 FirstEnergy Transmission, LLC Announces Launch of Exchange Offer For its 4.750% Senior No…
Read attachment ↗d21962dex45.htm · S-4 · 2025-11-04
EX-4.5 2 d21962dex45.htm EX-4.5 EX-4.5 Exhibit 4.5 FIRSTENERGY TRANSMISSION, LLC OFFICER’S CERTIFICATE August 13, 2025 I, Steven R. Staub, the Vice President and Treasurer of FirstEnergy Transmission, LLC, a Delaware limited liability company (the “Company”), pursuant to the authority granted in the resolutions of the Board of Directors of the Company adopted on August 8, 2025 and Sections 102, 201 and 301 of the Indenture defined herein, do hereby certify to U.S. Bank Trust Company, Na…
Read attachment ↗d21962dex991.htm · S-4 · 2025-11-04
EX-99.1 7 d21962dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the action to be taken, you should immediately consult your broker, bank manager, lawyer, accountant, investment advisor or other professional adviser. LETTER OF TRANSMITTAL Relating to FIRSTENERGY TRANSMISSION, LLC Offer to Exchange $450,000,000 4.750% Senior Notes due 2033 that have not been registered under the Securities Act of 193…
Read attachment ↗d21962dex992.htm · S-4 · 2025-11-04
EX-99.2 8 d21962dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 LETTER TO CLIENTS Relating to FIRSTENERGY TRANSMISSION, LLC Offer to Exchange $450,000,000 4.750% Senior Notes due 2033 that have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) for $450,000,000 4.750% Senior Notes due 2033 that have been registered under the Securities Act Pursuant to the Prospectus, dated, 2025 To Our Clients: Enclosed for your consideration is a Prospectus, dated, 20…
Read attachment ↗ex43fet2025-formofnote.htm · 8-K · 2025-08-15
EX-4.3 2 ex43fet2025-formofnote.htm EX-4.3 EX 4.3 FET 2025 - Form of Note 1 144 Note only 2 Temp Reg S Note only 3 Perm Reg S Note only 1 Exhibit 4.3 [FORM OF NOTE] (Face of Senior Note) [Insert the Restricted Notes Legend, if applicable pursuant to the provisions of the Indenture and the Officer’s Certificate] [Insert the Global Notes Legend, if applicable pursuant to the provisions of the Indenture and the Officer’s Certificate] [Insert the Temporary Regulation S Note Legend, i…
Read attachment ↗