When did WEC Energy Group report Q4 2024 earnings?

WEC Energy Group (WEC) reported Q4 2024 earnings on February 4, 2025 before market open.

What were WEC Energy Group's Q4 2024 revenue and EPS?

WEC Energy Group reported revenue of $2.3B and diluted EPS of $1.43 for Q4 2024.

Did WEC Energy Group beat estimates in Q4 2024?

Revenue missed the consensus estimate of $2.6B by $274.1M. EPS missed the consensus estimate of $1.49 by $0.06.

Where can I find WEC Energy Group's Q4 2024 SEC filings?

You can read the 10-K periodic report (0000107815-25-000103) directly on SEC EDGAR. The filing index links above go to sec.gov.

WEC Energy Group WEC Q4 2024 Annual earnings

Reported February 4, 2025 · Before market open

Revenue$2.3BMiss by $274.1M Diluted EPS$1.43Miss by $0.06

Revenue estimate$2.6B

EPS estimate$1.49

Next report

Jul 29, 2026 (In 2 weeks)

Revenue estimate$2.1B

EPS estimate$0.82

Financials

Q4 2024

Income statement

See full

Revenue$2.3B+3.0%

Gross profit$1.5B+6.1%

Operating income$590.9M+73.1%

Net income$453.1M+107%

EPS (diluted)$1.43+104%

Balance sheet

See full

Cash & equivalents$42.2M-74.5%

Total debt$18.6B+6.0%

Total equity$12.8B+6.1%

Total assets$47.4B+7.8%

Cash flow

See full

Operating cash flow$581.8M+21.2%

CapEx$846.4M+10.9%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$29.75B+12.1%

Enterprise value$48.35B+10.0%

P/E19.5×-0.4×

P/S3.5×+0.5×

Profitability

See full

Gross margin69.1%+5.0pp

Operating margin25%+3.6pp

Net margin17.7%+2.7pp

Returns & leverage

See full

Return on equity12.3%+1.0pp

Debt / equity1.5×0.0×

Current ratio0.6×+0.1×

Segments

By segment

See full

Wisconsin$1.6B+0.7%

Illinois$486.0M+10.1%

Non-Utility Energy Infrastructure$181.7M+5.9%

Other States$141.2M+1.1%

Corporate and Other-—

By product

See full

Electric$1.2B-0.2%

Natural gas$1.0B+8.8%

Other non-utility revenues$68.2M+17.6%

Versus estimates

Revenue

Q1 2026$3.4BBeat by $113.0M Q4 2025$2.5BBeat by $392.7M Q3 2025$2.1BBeat by $210.3M Q2 2025$2.0BBeat by $244.0M Q1 2025$3.1BBeat by $365.4M

Q4 2024$2.3BMiss by $274.1M

Diluted EPS

Q1 2026$2.45Beat by $0.15 Q4 2025$1.42Beat by $0.03 Q3 2025$0.83Beat by $0.02 Q2 2025$0.76Beat by $0.06 Q1 2025$2.27Beat by $0.09

Q4 2024$1.43Miss by $0.06

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Questions, answered.

When did WEC Energy Group report Q4 2024 earnings?: WEC Energy Group (WEC) reported Q4 2024 earnings on February 4, 2025 before market open.
What were WEC Energy Group's Q4 2024 revenue and EPS?: WEC Energy Group reported revenue of $2.3B and diluted EPS of $1.43 for Q4 2024.
Did WEC Energy Group beat estimates in Q4 2024?: Revenue missed the consensus estimate of $2.6B by $274.1M. EPS missed the consensus estimate of $1.49 by $0.06.
Where can I find WEC Energy Group's Q4 2024 SEC filings?: You can read the 10-K periodic report (0000107815-25-000103) directly on SEC EDGAR. The filing index links above go to sec.gov.