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WEC Energy Group WEC Electric Transmission — Net income attributed to common shareholders

Other segment segments

Non-Utility Energy Infrastructure
$120.6M+10.8%
Corporate and Other
$7.3M+381%

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Other financials

Income statement

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Revenue$2.1B+2.6%
Gross profit$1.5B+4.7%
Operating income$432.8M+6.9%
Net income$299.2M+23.1%
EPS (diluted)$0.91+19.7%

Balance sheet

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Cash & equivalents$50.0M-27.7%
Total debt$21.6B+18.0%
Total equity$14.1B+3.4%
Total assets$52.8B+8.7%

Cash flow

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Operating cash flow$992.3M+16.3%
CapEx$1.3B+52.2%
Free cash flow-$269.7M-1,228%

Valuation

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Market cap$35.28B-0.1%
Enterprise value$56.79B+6.1%
P/E20.9×-0.4×
P/S3.5×-0.3×

Profitability

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Gross margin65.7%-2.1pp
Operating margin22.8%-2.1pp
Net margin16.7%-1.1pp
FCF margin-13.5%

Returns & leverage

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Return on equity12.2%-0.6pp
Debt / equity1.5×+0.2×
Current ratio0.5×0.0×

Where this comes from

Reported directly by WEC Energy Group in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic.

The source filing: WEC Energy Group’s 10-Q, filed May 7, 2026.

Filed
May 6, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000783325-26-000052
(in millions) / Three Months Ended March 31, 2026Utility Operations / WisconsinUtility Operations / IllinoisUtility Operations / Other StatesUtility Operations / Total Utility OperationsElectric TransmissionNon-Utility Energy InfrastructureCorporate and OtherReconciling EliminationsWEC Energy Group Consolidated
Income tax expense (benefit)73.774.213.1161.013.7(31.5)(90.1)53.1
Preferred stock dividends of subsidiary0.30.30.3
Net income attributed to noncontrolling interests(1.4)(1.4)
Net income attributed to common shareholders$408.1$188.9$37.6$634.6$41.9$120.6$7.3$804.4
Other Segment Disclosures
Three Months Ended March 31, 2026
Capital expenditures and asset acquisitions$716.3$55.9$12.2$784.4$27.0$6.5$817.9
Balance at March 31, 2026

Item 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is WEC Energy Group's electric transmission — net income attributed to common shareholders?
WEC Energy Group (WEC) reported electric transmission — net income attributed to common shareholders of $41.9M in Q1 2026.
How has WEC Energy Group's electric transmission — net income attributed to common shareholders changed year-over-year?
WEC Energy Group's electric transmission — net income attributed to common shareholders increased by 13.6% year-over-year, from $36.9M to $41.9M.
What is the long-term trend for WEC Energy Group's electric transmission — net income attributed to common shareholders?
Over 4 years (2021 to 2025), WEC Energy Group's electric transmission — net income attributed to common shareholders has grown at a 8.6% compound annual growth rate (CAGR), from $106.3M to $147.6M.
What does electric transmission — net income attributed to common shareholders mean?
The residual earnings of the electric transmission segment available to the parent company's common shareholders after accounting for taxes, interest, and noncontrolling interests. This is a key measure of the segment's contribution to overall corporate value.

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