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WEC Energy Group

WEC

WEC Energy Group is a leading energy holding company that provides regulated electric and natural gas services to millions of customers across the Midwest.

Market cap
$37.86B+13.7%
Revenue$10.1B+11.2%
Net income$1.6B+0.5%
Free cash flow-$1.1B-180%
EPS (diluted)$5.00-2.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 29, 2026 (In 2 weeks)
Revenue estimate$2.1B
EPS estimate$0.82

Financials

Q1 2026

Income statement

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Revenue$3.4B+9.0%
Gross profit$2.0B+3.0%
Operating income$980.0M+4.5%
Net income$806.1M+11.1%
EPS (diluted)$2.45+7.9%

Balance sheet

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Cash & equivalents$107.3M-25.2%
Total debt$21.8B+22.6%
Total equity$14.6B+8.5%
Total assets$51.7B+7.3%

Cash flow

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Operating cash flow$1.2B+4.8%
CapEx$817.9M+16.7%
Free cash flow$400.5M-13.2%

Valuation & ratios

Valuation

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Market cap$37.86B+13.7%
Enterprise value$59.55B+15.6%
P/E23.1×+3.1×
P/S3.8×+0.2×

Profitability

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Gross margin65.4%-2.7pp
Operating margin22.7%-2.4pp
Net margin16.2%-1.7pp
FCF margin-10.7%

Returns & leverage

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Return on equity11.7%-0.9pp
Debt / equity1.5×+0.2×
Current ratio0.7×+0.2×

Segments

By segment

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Wisconsin$2.3B+13.5%
Illinois$749.7M-4.9%
Other States$259.1M+13.0%
Non-Utility Energy Infrastructure$210.7M+8.4%
Corporate and Other-

By product

See full
Natural gas$1.9B+8.2%
Electric$1.4B+8.6%
Other non-utility revenues$79.7M+21.9%

Competitors

Profile

WEC Energy Group is a leading energy holding company that provides regulated electric and natural gas services to millions of customers across the Midwest. The company focuses on the generation and distribution of energy through a portfolio of utility subsidiaries, while also investing in renewable energy infrastructure and electric transmission assets.

Competitive position

A dominant regional utility holding company with a significant regulated rate base and a growing portfolio of renewable energy assets.

GeographiesWisconsin, Illinois, Michigan, Minnesota
Customer segmentsResidential, Commercial, Industrial, Public Sector
Business modelRegulated Utility, Asset Heavy, Infrastructure Investment
SuppliersFuel Suppliers, Power Plant Equipment Manufacturers, Renewable Energy Technology Providers, Natural Gas Producers
CustomersResidential Households, Manufacturing Facilities, Data Centers, Municipalities, Iron Ore Mines
Listed1972
Employees7.0K
CEOScott J. Lauber
SectorUtilities
FilingsSEC EDGAR

Questions, answered.

What is WEC Energy Group's market cap?
WEC Energy Group (WEC) has a market capitalization of $37.9B and trades on NYSE.
What is WEC Energy Group's revenue and profitability?
WEC Energy Group generated $10.1B in trailing twelve-month revenue with net income of $1.6B, representing a net margin of 16.2%. Gross margin stands at 65.4%, with free cash flow of -$1.1B. These figures are based on the Q1 2026 filing.
Who are WEC Energy Group's competitors?
WEC Energy Group's key competitors include Xcel Energy Inc., Alliant Energy Corporation, DTE Energy Company, and others. These companies compete in similar markets and product categories.
Who does WEC Energy Group partner with?
WEC Energy Group's notable partners include MISO.
What subsidiaries does WEC Energy Group have?
WEC Energy Group's subsidiaries include Wisconsin Electric Power Company, Wisconsin Public Service Corporation, Wisconsin Gas LLC, and others.
Where is WEC Energy Group headquartered?
WEC Energy Group is headquartered in United States of America and employs approximately 7,000 people. It has been publicly traded since 1972.