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WEC Energy Group WEC Utility operations — Other Nonoperating Income (Expense)

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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:OtherNonoperatingIncomeExpense.

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 utility operations — other nonoperating income (expense)?
WEC Energy Group (WEC) reported utility operations — other nonoperating income (expense) of $45.2M in Q1 2026.
How has WEC Energy Group's utility operations — other nonoperating income (expense) changed year-over-year?
WEC Energy Group's utility operations — other nonoperating income (expense) increased by 128.3% year-over-year, from $19.8M to $45.2M.
What is the long-term trend for WEC Energy Group's utility operations — other nonoperating income (expense)?
Over 3 years (2022 to 2025), WEC Energy Group's utility operations — other nonoperating income (expense) has grown at a -3.3% compound annual growth rate (CAGR), from $116.5M to $105.5M.
What does utility operations — other nonoperating income (expense) mean?
This metric aggregates income and expenses that fall outside the utility's primary regulated operations, such as interest income, investment returns, or miscellaneous non-core adjustments. It captures the financial impact of peripheral activities that do not stem from the core delivery of electricity or gas. Investors use this to isolate core utility performance from incidental financial items.