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WEC Energy Group WEC Utility operations — Other operation and maintenance

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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:OtherCostAndExpenseOperating.

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 operation and maintenance?
WEC Energy Group (WEC) reported utility operations — other operation and maintenance of $593.9M in Q1 2026.
How has WEC Energy Group's utility operations — other operation and maintenance changed year-over-year?
WEC Energy Group's utility operations — other operation and maintenance increased by 0.5% year-over-year, from $590.7M to $593.9M.
What is the long-term trend for WEC Energy Group's utility operations — other operation and maintenance?
Over 4 years (2021 to 2025), WEC Energy Group's utility operations — other operation and maintenance has grown at a 4.1% compound annual growth rate (CAGR), from $1.98B to $2.32B.
What does utility operations — other operation and maintenance mean?
This metric represents the miscellaneous operating and maintenance expenses incurred by the utility segment that are not categorized as fuel, purchased power, or depreciation. It captures the day-to-day costs of running utility infrastructure, including labor, administrative overhead, and routine maintenance activities. Monitoring this helps assess the operational efficiency and cost management discipline of the utility business.