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WEC Energy Group WEC Electric Operations — Number Of Customers

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AWR
AWRElectric: — Number of customers
24.9K0.0%
EVR
EVRGNumber of customers served
1.7M0.0%
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FEDistribution Segment — Number of customers
4.3M0.0%
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HNRGElectric Operations — Revenue
$65.23M-24.2%
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FEIntegrated Segment — Number of customers
2M—
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SONumber of traditional electric operating companies
3—

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-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEC Energy Group's electric operations — number of customers?
WEC Energy Group (WEC) reported electric operations — number of customers of 1.7M in Q4 2025.
How has WEC Energy Group's electric operations — number of customers changed year-over-year?
WEC Energy Group's electric operations — number of customers decreased by 0.0% year-over-year, from 1.7M to 1.7M.
What does electric operations — number of customers mean?
This metric represents the total count of active residential, commercial, and industrial accounts served by the company's electric utility segment. It serves as a primary indicator of the utility's customer base size and market reach within its regulated service territories. Growth in this figure typically reflects regional population expansion, economic development, or successful customer acquisition strategies.