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WEC Energy Group Cash Flow Statement

Operating, investing, and financing cash movements

WEC Energy Group generated $3.4B in operating cash flow over the trailing twelve months. After $4.5B in capital expenditures, free cash flow was -$1.1B. Free cash flow decreased 1.8% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$3.4BNet Cash From Investing (TTM)-$4.7BNet Cash From Financing (TTM)$1.2BCapital Expenditures (TTM)$4.5BDepreciation And Amortization Cf (TTM)$1.5BNet Change In Cash (TTM)$27.3M
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$36.8B
P/E Ratio22.51
ROE11.69%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquisitions, net of cash acquired$0$42.3M$45.5M$54.6M$0$75.8M
Capital expenditures$846.4M$701.1M$829.4M$1.6B$1.3B$817.9M
Payments for Asset Acquisition Eight, Net of Cash Acquired$107.8M$0$0$0$0—
Payments for Asset Acquisition Seven, net of cash acquired$115.6M$0$0$0$0—
Payments for Assets Acquisition Four, net of cash acquired$525K$0$0$0$0—
Payment for (Proceeds from) Other Investing Activity-$5.8M-$8M$13M-$21.5M-$15.6M$14.4M
Payments to Acquire Assets, Investing Activities$0$406.1M——-$406.1M$0
Payments to Acquire Other Property, Plant, and Equipment$695.3M$1.1B$1.1B$1.1B$1.1B—
Proceeds From Collection Of Advance To Affiliate$1.9M$39.7M——$100K$0
Proceeds from disposition of property, plant and equipment/other—$0———$21.7M
Net cash from investing activities-$1.7B-$1.1B-$871M-$1.6B-$1.3B-$886.4M
Other investing activities-$5.8M-$8M$13M-$21.5M-$15.6M$14.4M
Proceeds from sale of businesses$500K$0———$21.7M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts payable$251.4M-$195.4M——$191.7M-$201M
Change in inventories$23.3M-$237.2M—$139.6M-$39.2M-$191.1M
Change in other current assets$32.6M-$13M-$52.4M——$10.2M
Change in other liabilities$89M$74.2M-$80.6M$13.5M$79.4M-$47.9M
Other working capital changes-$51.5M-$8.9M$22.9M-$53.2M$132.4M-$90.9M
Change in receivables$485.5M$180.3M-$316.7M-$231.6M$779.8M-$77.9M
Deferred income taxes$160.7M$55.6M$164.4M$76.2M$72.3M$27.8M
Depreciation and amortization$344M$359.9M$368.9M$373.4M$376.3M$379.8M
Distributions from equity method investments$28.1M-$2.2M$5.6M$14.1M$11.7M$13.3M
Net cash from operating activities$581.8M$1.2B$853.3M$938.9M$424.6M$1.2B
Amounts refundable to customers-$550K$10.9M$10.9M$10.9M$10.9M—
Impairments related to Illinois segment$3M$32.5M$32.5M$32.5M$32.5M—
Income Loss From Equity Method Investments Net Of Dividends Or Distributions$28.1M-$2.2M$5.6M$14.1M$11.7M$13.3M
Increase (Decrease) in Accounts and Other Receivables$485.5M$180.3M-$316.7M-$231.6M$779.8M-$77.9M
Increase Decrease In Interest Payable Net—$83.5M———$102.8M
Increase (Decrease) in Other Current Assets$32.6M-$13M-$52.4M——$10.2M
Current liabilities$89M$74.2M-$80.6M$13.5M$79.4M-$47.9M
Payment for Pension and Other Postretirement Benefits$3.5M$3.9M$3.2M$3.2M$3.4M$3.8M
Pension contributions$3.5M$3.9M$3.2M$3.2M$3.4M$3.8M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Proceeds from issuance of debt$1.8B$0$1B$919.6M$899.9M$1B
Repayments of debt$1.3B$17.9M$549.7M$718.3M$443M$1.1B
Dividends paid$265M$283.6M$285.1M$288.7M$290.4M$310.1M
Other, net-$3.8M-$5.9M—-$3.5M-$4.7M-$11.2M
Short-term borrowings/(repayments) less than 90 days — net—$209.5M-$517.5M$449.7M$665.2M$119.2M
Net cash from financing activities$848.7M$40.4M-$56.5M$707.3M$832.8M-$295.6M
Other financing activities-$3.8M-$5.9M—-$3.5M-$4.7M-$11.2M
Proceeds from issuance of common stock$112.4M$117.1M$281.7M$347.8M$15.3M$12.8M
Net change in short-term borrowings—$209.5M-$517.5M$449.7M$665.2M$119.2M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow—$461.5M$23.9M-$625.7M-$878.4M$400.5M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash-$318.8M$101.2M—$48.5M—$36.4M