What is WEC Energy Group's goodwill?

WEC Energy Group (WEC) reported goodwill of $3.05B in Q1 2026.

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

WEC Energy Group's goodwill decreased by 0.0% year-over-year, from $3.05B to $3.05B.

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

Over 5 years (2020 to 2025), WEC Energy Group's goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $3.05B to $3.05B.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

WEC Energy Group WEC Goodwill

Goodwill at other companies

NorthWestern Energy Group, Inc.NWE

$367.64M+2.8%

FirstEnergyFE

$5.62B0.0%

Duke EnergyDUK

$19.3B0.0%

Essential UtilitiesWTRG

$2.35B+0.4%

BKH

Black HillsBKH

$1.3B0.0%

American Electric PowerAEP

$53M—

Segments

By segment

See full

Illinois$758.7M0.0%

Other States$183.2M0.0%

Non-Utility Energy Infrastructure$6.6M0.0%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$1.2B+4.8%

CapEx$817.9M+16.7%

Free cash flow$400.5M-13.2%

Valuation

See full

Market cap$38.71B+15.1%

Enterprise value$60.4B+16.5%

P/E23.7×+3.4×

P/S3.8×+0.2×

Profitability

See full

Gross margin65.4%-2.7pp

Operating margin22.7%-2.4pp

Net margin16.2%-1.7pp

FCF margin-10.7%—

Returns & leverage

See full

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:Goodwill.

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

Ask your AI about WEC Energy Group's goodwill.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is WEC Energy Group's goodwill?: WEC Energy Group (WEC) reported goodwill of $3.05B in Q1 2026.
How has WEC Energy Group's goodwill changed year-over-year?: WEC Energy Group's goodwill decreased by 0.0% year-over-year, from $3.05B to $3.05B.
What is the long-term trend for WEC Energy Group's goodwill?: Over 5 years (2020 to 2025), WEC Energy Group's goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $3.05B to $3.05B.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.