What is WEC Energy Group's capex?

WEC Energy Group (WEC) reported capex of $817.9M in Q1 2026.

How has WEC Energy Group's capex changed year-over-year?

WEC Energy Group's capex increased by 16.7% year-over-year, from $701.1M to $817.9M.

What is the long-term trend for WEC Energy Group's capex?

Over 4 years (2021 to 2025), WEC Energy Group's capex has grown at a 18.2% compound annual growth rate (CAGR), from $2.25B to $4.4B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

WEC Energy Group WEC CapEx

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——

Other financials

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%

Free cash flow$400.5M-13.2%

Valuation

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Market cap$38.71B+15.1%

Enterprise value$60.4B+16.5%

P/E23.7×+3.4×

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×

Where this comes from

Reported directly by WEC Energy Group in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: WEC Energy Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEC Energy Group's capex?: WEC Energy Group (WEC) reported capex of $817.9M in Q1 2026.
How has WEC Energy Group's capex changed year-over-year?: WEC Energy Group's capex increased by 16.7% year-over-year, from $701.1M to $817.9M.
What is the long-term trend for WEC Energy Group's capex?: Over 4 years (2021 to 2025), WEC Energy Group's capex has grown at a 18.2% compound annual growth rate (CAGR), from $2.25B to $4.4B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.