What is WEC Energy Group's change in AP?

WEC Energy Group (WEC) reported change in AP of -$201M in Q1 2026.

How has WEC Energy Group's change in AP changed year-over-year?

WEC Energy Group's change in AP decreased by 2.9% year-over-year, from -$195.4M to -$201M.

What does change in AP mean?

Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.

WEC Energy Group WEC Change in AP

Change in AP at other companies

Xcel EnergyXEL

-$191M-81.9%

MGE EnergyMGEE

-$16.66M-1.1%

CMS

CMS EnergyCMS

-$137M-1,154%

NorthWestern Energy Group, Inc.NWE

-$7.98M+46.7%

Portland General ElectricPOR

-$48M-29.7%

PG&EPCG

-$4M-104%

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%

CapEx$817.9M+16.7%

Free cash flow$400.5M-13.2%

Valuation

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Market cap$38.03B+17.4%

Enterprise value$59.73B+18.0%

P/E23.3×+3.7×

P/S3.8×+0.3×

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:IncreaseDecreaseInAccountsPayable.

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 change in AP?: WEC Energy Group (WEC) reported change in AP of -$201M in Q1 2026.
How has WEC Energy Group's change in AP changed year-over-year?: WEC Energy Group's change in AP decreased by 2.9% year-over-year, from -$195.4M to -$201M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.