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WEC Energy Group WEC Debt-to-equity

Debt-to-equity at other companies

Xcel Energy logo
Xcel EnergyXEL
1.6×0.0×
DTE Energy logo
DTE EnergyDTE
1.9×+0.1×
CMS
CMS EnergyCMS
0.0×
Entergy logo
EntergyETR
1.9×-0.1×
EVR
EvergyEVRG
1.3×0.0×
Duke Energy logo
Duke EnergyDUK
1.6×0.0×

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$36.66B+8.9%
Enterprise value$58.35B+13.6%
P/E22.4×+1.7×
P/S3.6×-0.1×

Profitability

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

Returns & leverage

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Return on equity11.7%-0.9pp
Current ratio0.7×+0.2×

Where this comes from

Calculated from WEC Energy Group’s reported figures.

Based on the most recent quarter.

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 debt-to-equity?
WEC Energy Group (WEC) reported debt-to-equity of 1.5× in Q1 2026.
How has WEC Energy Group's debt-to-equity changed year-over-year?
WEC Energy Group's debt-to-equity increased by 13.0% year-over-year, from 1.3× to 1.5×.
What is the long-term trend for WEC Energy Group's debt-to-equity?
Over 4 years (2021 to 2025), WEC Energy Group's debt-to-equity has grown at a 1.4% compound annual growth rate (CAGR), from 5.2× to 5.5×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.