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WEC Energy Group WEC Amounts refundable to customers

Amounts refundable to customers at other companies

National Fuel Gas logo
National Fuel GasNFG
$303.2M+0.3%
CMS
CMS EnergyCMS
$0-100%
Southern Company logo
Southern CompanySO
$5M+105%
Kopin logo
KopinKOPN
$128.52K—
National Fuel Gas logo
National Fuel GasNFG
$288K-99.2%
NWN
Northwest NaturalNWN
$0—

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$38.03B+17.4%
Enterprise value$59.73B+18.0%
P/E23.3×+3.7×
P/S3.8×+0.3×

Profitability

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Gross margin65.4%-2.7pp
Operating margin22.7%-2.4pp
Net margin16.2%-1.7pp
FCF margin-10.7%—

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

Reported directly by WEC Energy Group in its filing.

Tagged under the XBRL concept wec:AmountsRefundableToCustomers.

The official record: WEC Energy Group’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEC Energy Group's amounts refundable to customers?
WEC Energy Group (WEC) reported amounts refundable to customers of $10.9M in Q4 2025.
How has WEC Energy Group's amounts refundable to customers changed year-over-year?
WEC Energy Group's amounts refundable to customers increased by 2081.8% year-over-year, from -$550K to $10.9M.
What is the long-term trend for WEC Energy Group's amounts refundable to customers?
Over 2 years (2023 to 2025), WEC Energy Group's amounts refundable to customers has grown at a 120.1% compound annual growth rate (CAGR), from -$9M to $43.6M.
What does amounts refundable to customers mean?
Tracks liabilities representing funds collected from customers that are subject to refund, often due to regulatory adjustments or over-collection of pass-through costs. This is specific to the regulated utility business model.