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WEC Energy Group WEC Operating margin

Operating margin at other companies

DTE Energy logo
DTE EnergyDTE
13.1%-3.0pp
CMS
CMS EnergyCMS
19.5%-0.6pp
Entergy logo
EntergyETR
27.1%+8.4pp
EVR
EvergyEVRG
25.9%+0.4pp
Duke Energy logo
Duke EnergyDUK
27.2%+1.6pp
PG&E logo
PG&EPCG
19.4%+1.4pp

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
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 trailing twelve months.

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 operating margin?
WEC Energy Group (WEC) reported operating margin of 22.7% in Q1 2026.
How has WEC Energy Group's operating margin changed year-over-year?
WEC Energy Group's operating margin decreased by 9.7% year-over-year, from 25.1% to 22.7%.
What is the long-term trend for WEC Energy Group's operating margin?
Over 4 years (2021 to 2025), WEC Energy Group's operating margin has grown at a 3.2% compound annual growth rate (CAGR), from 86.2% to 97.9%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.