What is WEC Energy Group's revenue?

WEC Energy Group (WEC) generated $10.1B in revenue over the trailing twelve months, up 11.2% year over year.

Is WEC Energy Group profitable?

WEC Energy Group reported $1.6B in net income over the trailing twelve months, a 16.2% net margin.

What are WEC Energy Group's profit margins?

Gross margin is 65.4% and operating margin is 22.7%, with a 16.2% net margin.

What is WEC Energy Group's earnings per share?

WEC Energy Group's diluted EPS over the trailing twelve months is $5.00.

Where does WEC Energy Group's income statement data come from?

Every line is extracted from WEC Energy Group's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

WEC Energy Group WEC Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Total revenue	$9.8B+14.0%	$8.6B-3.3%	$8.89B-7.3%	$9.6B+15.4%
Total cost of revenue	$3.27B+23.0%	$2.66B-16.8%	$3.19B-26.8%	$4.36B+31.6%
Gross profit	$6.53B+9.9%	$5.94B+4.2%	$5.7B+8.8%	$5.24B+4.7%
Gross margin	66.7%-2.4pp	69.1%+5.0pp	64.1%+9.5pp	54.6%-5.6pp
Compensation and benefits	——	——	——	——
Depreciation and amortization	$1.48B+9.2%	$1.35B+7.1%	$1.26B+12.6%	$1.12B+4.5%
Provision for credit losses	$142.8M+36.1%	$104.9M+45.7%	$72M-16.4%	$86.1M+13.7%
Restructuring charges	$0—	——	$1.6M-85.8%	$11.3M+146%
Impairment charges	$145.9M+1,106%	$12.1M-93.2%	$178.9M—	$0—
Other operating expenses	——	——	——	$1.94B-3.4%
Total costs & expenses	$7.56B+17.2%	$6.45B-7.7%	$6.99B-9.0%	$7.67B+16.2%
Operating income	$2.24B+4.3%	$2.15B+12.8%	$1.91B-0.8%	$1.92B+12.2%
Operating margin	22.9%-2.1pp	25%+3.6pp	21.5%+1.4pp	20%-0.6pp
Interest expense	$895.1M+9.8%	$815.3M+12.1%	$727.4M+41.2%	$515.1M+9.3%
Interest income	——	$17.2M+341%	$3.9M+225%	$1.2M—
Other income (expense), net	-$571.4M-40.6%	-$406.5M-9.4%	-$371.7M-94.0%	-$191.6M+11.3%
Income from equity method investments	——	——	——	——
Gain (loss) on extinguishment of debt	$0-100%	$23.1M+4,520%	$500K—	$0+100%
Gain (loss) on disposal of assets	——	$11.7M-14.6%	$13.7M-79.3%	$66.2M+968%
Income before income taxes	$1.67B-4.2%	$1.75B+13.7%	$1.54B-11.3%	$1.73B+15.6%
Income tax expense	$118M-46.8%	$222M+8.5%	$204.6M-36.6%	$322.9M+61.2%
Net income	$1.56B+2.0%	$1.52B+14.5%	$1.33B-5.5%	$1.41B+8.6%
Net margin	15.9%-1.9pp	17.7%+2.7pp	15%+0.3pp	14.7%-0.9pp
Income from continuing operations	$2.53B-2.8%	$2.6B+95.3%	$1.33B—	——
Net income attributable to noncontrolling interests	-$3.2M+36.0%	-$5M-317%	-$1.2M—	——
Preferred stock dividends	$1.2M0.0%	$1.2M0.0%	$1.2M0.0%	$1.2M0.0%
Diluted earnings per share	$4.82-0.2%	$4.83+14.2%	$4.23-5.2%	$4.46+8.5%
Basic earnings per share	$4.86+0.6%	$4.83+14.5%	$4.22-5.4%	$4.46+8.0%
Weighted-average shares, diluted	1.3B+2.0%	1.3B+0.1%	1.3B-0.1%	1.3B0.0%
Weighted-average shares, basic	1.3B+1.6%	1.3B+0.2%	1.3B0.0%	1.3B0.0%
Impairments related to Illinois segment	$130M+974%	$12.1M-93.2%	$178.9M—	——
Continuing operations (in dollars per share)	——	——	——	——
Continuing operations (in dollars per share)	——	——	——	——
Adjustment For Amortization	$58.1M+8.2%	$53.7M+6.1%	$50.6M+348%	$11.3M+48.7%
Pre-tax stock-based compensation cost	$48.2M+22.6%	$39.3M+305%	$9.7M-72.1%	$34.8M+122%
Additions / (Releases)	$14.1M-54.1%	$30.7M+429%	$5.8M+480%	$1M—
Accounts Receivable, Allowance for Credit Loss, Recovery	$107.9M+49.9%	$72M+25.2%	$57.5M-0.9%	$58M+27.8%
Accounts Receivable, Allowance for Credit Loss, Writeoff	$241M-1.0%	$243.4M+8.9%	$223.6M+8.5%	$206M+58.7%
Amounts refundable to customers	$43.6M+2,082%	-$2.2M+75.6%	-$9M—	——
Changes in estimated cash flows	$23.7M+270%	$6.4M+105%	-$133.5M-6,168%	$2.2M+103%
Capital investments accrued but not yet paid	$232M-19.8%	$289.4M—	——	——
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	——	-$123M—	——	——
Dividends declared (in dollars per share)	$3.57+6.9%	$3.34+7.1%	$3.12+7.2%	$2.91+7.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$1.56B+2.0%	$1.53B+14.8%	$1.33B-5.2%	$1.4B+7.7%
Less: comprehensive income attributable to noncontrolling interest	-$3.2M+22.0%	-$4.1M-242%	-$1.2M—	——
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$1.56B+2.1%	$1.52B+14.5%	$1.33B-5.4%	$1.41B+8.0%
Cost of natural gas sold	$1.59B+32.5%	$1.2B-23.8%	$1.58B-36.4%	$2.48B—
Federal	-$242.5M-35.9%	-$178.5M-386%	-$36.7M—	——
Current State And Local Tax Expense Benefit	-$8M+93.8%	-$128.5M-687%	$21.9M—	——
Federal	$240.9M-37.6%	$386.2M+197%	$130.1M—	——
Deferred and other income taxes	$368.5M-30.3%	$529M+141%	$219.4M-21.7%	$280.1M—
State	$135.6M-11.1%	$152.5M+52.8%	$99.8M—	——
Defined Contribution Plan Cost Recognized	$67.3M+9.3%	$61.6M+7.1%	$57.5M+5.7%	$54.4M+5.0%
Derivative, Gain (Loss) on Derivative, Net	-$400K+99.7%	-$119.6M+48.7%	-$233.2M-175%	$311.3M+102%
Dividends, Common Stock, Cash	$1.15B+8.7%	$1.06B+7.3%	$984.2M+7.2%	$917.9M+7.4%
Effective tax rates	——	——	——	——
Income taxes at U.S. statutory rate of 21%	——	——	——	——
Effective Income Tax Rate Reconciliation Other Reconciling Items Percent	——	——	——	——
State income taxes – net of federal income tax benefit	——	——	——	——
Changes in unrecognized tax benefits	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Energy-Related, Amount	——	$200.1M+19.0%	$168.2M—	——
Effective Income Tax Rate Reconciliation, Tax Credit, Energy-Related, Percent	——	——	——	——
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent	27.1%-7.1%	34.2%+4.1%	30.1%+5.9%	24.2%+3.9%
Effective Income Tax Reconciliation Allowance For Funds Used During Construction Capitalized Cost Of Equity	4.9%+2.1%	2.8%—	——	——
Federal excess deferred tax amortization, percent	——	——	——	——
Share-Based Payment Arrangement, Expense, Tax Benefit	$13.2M+22.2%	$10.8M+300%	$2.7M-71.9%	$9.6M+123%
Equity Securities, FV-NI, Unrealized Loss	——	——	——	——
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Sales	——	$0—	$0—	——
Purchases/originations	$23.7M-17.4%	$28.7M+36.7%	$21M-11.4%	$23.7M+289%
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements	$24.8M-9.5%	$27.4M+29.9%	$21.1M+12.2%	$18.8M+208%
Realized and unrealized gains (losses): Included in income (loss)	$0+100%	-$700K-40.0%	-$500K—	——
Fuel and purchased power costs	$1.67B+15.1%	$1.46B-9.9%	$1.62B-14.1%	$1.88B—
Goodwill Period Increase Decrease	$0—	$0—	$0—	$0—
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions	$29.2M-49.1%	$57.4M+73.9%	$33M-55.6%	$74.3M+175%
Equity in earnings of transmission affiliates	——	$207.5M+16.9%	$177.5M-8.8%	$194.7M+23.1%
Federal taxes	-$256.3M+3.3%	-$265M-253%	-$75M—	——
State taxes	-$25M-3,225%	$800K-95.0%	$16.1M—	——
Income Tax Reconciliation Allowance For Funds Used During Construction Capitalized Cost Of Equity	$21M+66.7%	$12.6M+1.6%	$12.4M+100%	$6.2M+63.2%
Federal excess deferred tax amortization, amount	——	-$36.7M+2.4%	-$37.6M-1.9%	-$36.9M+1.1%
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	$351.9M-4.2%	$367.3M+13.9%	$322.6M-11.3%	$363.5M+15.4%
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	-$10.8M—	——	$14.2M+3,450%	$400K+117%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	$101.2M-6.3%	$108M+14.5%	$94.3M-14.0%	$109.7M+14.2%
Changes in unrecognized tax benefits	——	-$400K+77.8%	-$1.8M—	——
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Amount	——	——	——	$107.6M+32.3%
Income Taxes Paid, Net	-$281.3M-6.5%	-$264.2M-349%	-$58.9M-212%	$52.4M+55.0%
Increase (Decrease) in Accounts and Other Receivables	$411.8M+155%	$161.5M—	——	$342.1M+37.3%
Accounts payable	——	$99.7M—	——	$121.5M—
Increase Decrease In Interest Payable Net	——	——	——	——
Increase (Decrease) in Inventories	——	$38M—	——	——
Increase (Decrease) in Other Current Assets	——	$34.4M—	——	——
Increase (decrease) in other current liabilities	$86.5M+527%	$13.8M-75.6%	$56.5M-55.5%	$126.9M+838%
Incremental Common Shares Attributable To Conversion Of Debt Securities	4.8M—	0—	——	——
Add - Incremental shares under stock-based compensation plans (in shares)	$1.7M—	——	$500K—	——
Interest Paid, Excluding Capitalized Interest, Operating Activity	$858.5M+9.3%	$785.7M+20.2%	$653.4M+34.7%	$485.2M+2.4%
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders	$9.6M+191%	$3.3M-45.0%	$6M+39.5%	$4.3M+4.9%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	$1.52B+226%	$467.7M—	——	$676.4M+130%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$4.87B-28.2%	-$3.8B-6.9%	-$3.56B-34.7%	-$2.64B-14.3%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$3.38B+5.2%	$3.21B+6.4%	$3.02B+46.5%	$2.06B+1.4%
Net Income Loss Attributable To Noncontrolling Interest	-$3.2M+36.0%	-$5M-317%	-$1.2M—	——
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component	-$2.7M+96.8%	-$83.7M+14.3%	-$97.7M+6.4%	-$104.4M-44.6%
Noncontrolling Interest Increase From Business Combination	——	$99.4M—	——	——
Purchase of non-controlling interest	——	——	——	——
Number of reportable segments	——	——	——	——
Amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost	$200K+100%	$100K—	$0-100%	$200K-50.0%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax	$200K-33.3%	$300K0.0%	$300K0.0%	$300K—
Other comprehensive income (loss)	$200K—	——	-$900K+75.0%	-$3.6M-200%
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	-$400K-100%	-$200K-133%	$600K-81.8%	$3.3M+257%
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax	-$200K-100%	-$100K-117%	$600K-82.9%	$3.5M+306%
Other Nonoperating Income	——	——	——	——
Other income, net (Note 6)	$107.9M-39.5%	$178.2M+0.3%	$177.7M+38.0%	$128.8M-3.3%
All other operating activities	$93.2M—	——	-$160.5M+11.4%	-$181.1M-95.8%
Other, net	$1.8M+63.6%	$1.1M-75.0%	$4.4M+252%	-$2.9M-164%
Payments for Asset Acquisition Eight, Net of Cash Acquired	$0-100%	$431.2M—	$0—	$0—
Payments for Asset Acquisition Seven, net of cash acquired	$0-100%	$462.5M—	$0—	$0-100%
Payments for Assets Acquisition Four, net of cash acquired	$0-100%	$2.1M-98.5%	$143.8M—	$0—
Payment for (Proceeds from) Other Investing Activity	-$32.1M-231%	-$9.7M+27.1%	-$13.3M-225%	$10.6M—
Payments for Restructuring	$700K+40.0%	$500K—	$0—	$0-100%
Payments of Ordinary Dividends, Common Stock	$1.15B+8.7%	$1.06B+7.3%	$984.2M+7.2%	$917.9M+7.4%
Payments To Acquire Assets Investing Activities	——	$0—	——	$0—
Payments To Acquire Interest In Subsidiaries And Affiliates	$142.4M+213%	$45.5M-28.6%	$63.7M+40.0%	$45.5M—
Payments To Acquire Other Property Plant And Equipment	$4.4B+58.1%	$2.78B+11.6%	$2.49B+7.7%	$2.31B+2.8%
Payments to Acquire Property, Plant, and Equipment	——	——	——	$2.7B+13.7%
Payment for Pension and Other Postretirement Benefits	$13.7M-5.5%	$14.5M-13.2%	$16.7M+10.6%	$15.1M-77.2%
Proceeds From Collection Of Advance To Affiliate	——	——	$100K—	——
Proceeds from Issuance of Common Stock	$761.9M+366%	$163.4M—	$0—	$0—
Debt issued (Note 13)	$2.84B-36.2%	$4.46B+106%	$2.17B+8.5%	$2B-16.1%
Financing — other	——	-$6.1M—	——	-$9.1M—
Short-term borrowings/(repayments) less than 90 days — net	$806.9M—	——	$373.7M—	——
Proceeds from disposition of property, plant and equipment/other	——	——	——	——
Cash received from option exercises	$39.1M+65.0%	$23.7M+276%	$6.3M-81.3%	$33.6M+114%
Net additions (releases) charged to costs and expenses	$142.8M+36.1%	$104.9M+45.7%	$72M-16.4%	$86.1M+13.7%
Allowance for Funds Used During Construction, Capitalized Interest	$39M+101%	$19.4M-0.5%	$19.5M+77.3%	$11M+61.8%
Allowance for Funds Used During Construction, Equity	——	$59.8M+1.2%	$59.1M+101%	$29.4M+63.3%
Increase in receivables for corporate-owned life insurance proceeds	——	——	$1.4M—	$0—
Increase in receivables related to property damage insurance proceeds	$3.5M+52.2%	$2.3M-34.3%	$3.5M—	$0—
Repayments of Long-Term Debt	$1.73B-19.1%	$2.14B+113%	$1.01B+992%	$92.1M-92.7%
Restructuring Reserve Accrual Adjustment1	——	-$3.9M—	——	$0—
PTCs sold to third parties	$256.3M-4.8%	$269.1M+259%	$75M—	——
Property, plant, and equipment additions	$4.8B+27.3%	$3.77B+7.6%	$3.51B+30.1%	$2.7B+13.7%
Shares issued - At-the-market offering program	13.2M+1,177%	1M—	——	——
Stock Issued1	——	——	$0—	$0—
Shares Issued - 401(k)	433.2K-30.3%	621.8K—	——	——
Employee Stock Purchase Plan, number of shares purchased by employees	604.2K-20.3%	757.7K—	——	——
Distributed under benefit plans	1.2M+58.3%	756.1K—	——	——
Stock Issued During Period, Value, Stock Options Exercised	$39.1M+65.0%	$23.7M+276%	$6.3M-81.3%	$33.6M+114%
Stock Repurchased During Period Shares	——	——	——	——
Stockholders' Equity, Other	-$9M+23.1%	-$11.7M-7.3%	-$10.9M+13.5%	-$12.6M-2.4%
Taxes other than income taxes and other – net	$280.1M+5.1%	$266.5M+6.5%	$250.2M-1.4%	$253.7M+20.6%
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions	$1.5M+650%	$200K-89.5%	$1.9M+58.3%	$1.2M-82.1%
Unrecognized tax benefit, penalty expense (benefit)	$0—	$0—	$0—	$0—
Additions for tax positions of prior years	$100K—	$0-100%	$200K-33.3%	$300K—
Unrecognized tax benefit, interest expense (income)	-$600K-300%	$300K+200%	$100K-75.0%	$400K+200%
Valuation Allowances And Reserves Adjustments	-$23.8M—	——	——	$0—
Valuation Allowances And Reserves Charged To Cost And Expense	$142.8M+36.1%	$104.9M+45.7%	$72M-16.4%	$86.1M-19.8%
Deferral - addition	——	$35.8M-59.5%	$88.3M+40.4%	$62.9M+240%
Valuation Allowances And Reserves Deductions	$133.1M-22.3%	$171.4M+3.2%	$166.1M+12.2%	$148M+75.4%
EBITDA	$3.72B+6.2%	$3.51B+10.6%	$3.17B+4.1%	$3.05B+9.2%
EBITDA margin	38%-2.8pp	40.8%+5.1pp	35.7%+3.9pp	31.7%-1.8pp
EBIT	$2.24B+4.3%	$2.15B+12.8%	$1.91B-0.8%	$1.92B+12.2%

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Questions, answered.

What is WEC Energy Group's revenue?: WEC Energy Group (WEC) generated $10.1B in revenue over the trailing twelve months, up 11.2% year over year.
Is WEC Energy Group profitable?: WEC Energy Group reported $1.6B in net income over the trailing twelve months, a 16.2% net margin.
What are WEC Energy Group's profit margins?: Gross margin is 65.4% and operating margin is 22.7%, with a 16.2% net margin.
What is WEC Energy Group's earnings per share?: WEC Energy Group's diluted EPS over the trailing twelve months is $5.00.
Where does WEC Energy Group's income statement data come from?: Every line is extracted from WEC Energy Group's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.