What does steam — requested rate increase (decrease), amount mean?

This metric represents the total monetary value of a requested adjustment to steam utility service rates submitted to regulatory authorities. It reflects the company's attempt to recover costs or adjust for changes in capital investment and operational expenses within the steam utility segment. Investors monitor this to gauge the company's pursuit of revenue growth and cost recovery through the regulatory process.

WEC Energy Group WEC Steam — Requested Rate Increase (Decrease), Amount

Other product segments

Electric

$179.5M—

Natural gas

$59.4M—

Similar metrics at other companies

YORWWater Utility Service — Public Utilities Requested Rate Increase Decrease Amount

2,031,200,000%+1,523,400,000pp

ARTNAPublic Utilities Requested Rate Increase Decrease Amended Percentage

10.2%—

YORWWastewater Utility Service — Public Utilities Requested Rate Increase Decrease Amount

385,800,000%+289,350,000pp

ARTNAPercentage Of Revenue Increase Requested For New Rates

6.8%—

ETRElectricity — Public Utilities, Approved Rate Increase (Decrease), Amount

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YORWWater Utility Service — Public Utilities Approved Rate Increase Decrease Amount

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Other financials

Income statement

See full

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

See full

Gross margin65.4%-2.7pp

Operating margin22.7%-2.4pp

Net margin16.2%-1.7pp

FCF margin-10.7%—

Returns & leverage

See full

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:PublicUtilitiesRequestedRateIncreaseDecreaseAmount.

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 steam — requested rate increase (decrease), amount?: WEC Energy Group (WEC) reported steam — requested rate increase (decrease), amount of $1.2M in Q1 2026.
What does steam — requested rate increase (decrease), amount mean?: This metric represents the total monetary value of a requested adjustment to steam utility service rates submitted to regulatory authorities. It reflects the company's attempt to recover costs or adjust for changes in capital investment and operational expenses within the steam utility segment. Investors monitor this to gauge the company's pursuit of revenue growth and cost recovery through the regulatory process.