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WEC Energy Group WEC Other States — Goodwill

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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 us-gaap:Goodwill.

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 other states — goodwill?
WEC Energy Group (WEC) reported other states — goodwill of $183.2M in Q1 2026.
How has WEC Energy Group's other states — goodwill changed year-over-year?
WEC Energy Group's other states — goodwill decreased by 0.0% year-over-year, from $183.2M to $183.2M.
What is the long-term trend for WEC Energy Group's other states — goodwill?
Over 4 years (2021 to 2025), WEC Energy Group's other states — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $732.8M to $732.8M.
What does other states — goodwill mean?
This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within this segment. It reflects the premium paid for expected future economic benefits and market positioning.