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WEC Energy Group WEC Natural Gas Operations — Number Of Customers

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EVR
EVRGNumber of customers served
1.7M0.0%

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$38.71B+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 natural gas operations — number of customers?
WEC Energy Group (WEC) reported natural gas operations — number of customers of 3M in Q4 2025.
How has WEC Energy Group's natural gas operations — number of customers changed year-over-year?
WEC Energy Group's natural gas operations — number of customers decreased by 0.0% year-over-year, from 3M to 3M.
What does natural gas operations — number of customers mean?
This metric represents the total count of active residential, commercial, and industrial accounts served by the company's natural gas distribution utility segment. It serves as a primary indicator of the utility's market reach and the scale of its regulated customer base within its designated service territories. Growth in this figure typically reflects regional population expansion, new housing developments, or successful conversion efforts from alternative heating sources.