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WEC Energy Group WEC Net debt / EBITDA

Net debt / EBITDA at other companies

Xcel Energy logo
Xcel EnergyXEL
6.6×+0.6×
DTE Energy logo
DTE EnergyDTE
5.8×+0.5×
CMS
CMS EnergyCMS
6.2×+0.4×
Entergy logo
EntergyETR
4.9×-1.0×
EVR
EvergyEVRG
4.9×0.0×
Duke Energy logo
Duke EnergyDUK
5.3×-0.4×

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
Debt / equity1.5×+0.2×
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 net debt / EBITDA?
WEC Energy Group (WEC) reported net debt / EBITDA of 5.7× in Q1 2026.
How has WEC Energy Group's net debt / EBITDA changed year-over-year?
WEC Energy Group's net debt / EBITDA increased by 18.8% year-over-year, from 4.8× to 5.7×.
What is the long-term trend for WEC Energy Group's net debt / EBITDA?
Over 4 years (2021 to 2025), WEC Energy Group's net debt / EBITDA has grown at a -0.5% compound annual growth rate (CAGR), from 20.7× to 20.3×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.