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WEC Energy Group WEC Electric — Number Of Customers

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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$38.71B+15.1%
Enterprise value$60.4B+16.5%
P/E23.7×+3.4×
P/S3.8×+0.2×

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:NumberOfCustomers.

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 electric — number of customers?
WEC Energy Group (WEC) reported electric — number of customers of 1.7M in Q1 2026.
How has WEC Energy Group's electric — number of customers changed year-over-year?
WEC Energy Group's electric — number of customers decreased by 0.0% year-over-year, from 1.7M to 1.7M.
What does electric — number of customers mean?
The total count of unique utility service accounts receiving electric power from the company. This metric reflects the scale of the customer base and the company's market penetration within its regulated service territories.