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Discontinued — last reported Q2 '26

Net debt at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Zscaler logo
ZscalerZS
19.2×+12.3×
Citigroup logo
CitigroupC
0.1×-0.3×
Morgan Stanley logo
Morgan StanleyMS
-0.2×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
0.6×-1.3×
American Express logo
American ExpressAXP
0.3×+0.3×

Other financials

Income statement

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Revenue$2.1B+2.6%
Gross profit$1.5B+4.7%
Operating income$432.8M+6.9%
Net income$299.2M+23.1%
EPS (diluted)$0.91+19.7%

Balance sheet

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Cash & equivalents$50.0M-27.7%
Total debt$21.6B+18.0%
Total equity$14.1B+3.4%
Total assets$52.8B+8.7%

Cash flow

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Operating cash flow$992.3M+16.3%
CapEx$1.3B+52.2%
Free cash flow-$269.7M-1,228%

Valuation

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Market cap$35.65B-0.4%
Enterprise value$57.17B+5.8%
P/E21.1×-0.5×
P/S3.5×-0.3×

Profitability

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Gross margin65.7%-2.1pp
Operating margin22.8%-2.1pp
Net margin16.7%-1.1pp
FCF margin-13.5%

Returns & leverage

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Return on equity12.2%-0.6pp
Debt / equity1.5×+0.2×
Current ratio0.5×0.0×

Where this comes from

Reported directly by WEC Energy Group in its filing.

The source filing: WEC Energy Group’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 7:27 AM EDT
Accession
0000783325-26-000080

FAQ

What is WEC Energy Group's net debt?
WEC Energy Group (WEC) reported net debt of $21.52B in Q2 2026.
How has WEC Energy Group's net debt changed year-over-year?
WEC Energy Group's net debt increased by 18.1% year-over-year, from $18.21B to $21.52B.
What is the long-term trend for WEC Energy Group's net debt?
Over 5 years (2020 to 2025), WEC Energy Group's net debt has grown at a 9.0% compound annual growth rate (CAGR), from $13.5B to $20.8B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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