8-K Announcements
6May 5, 2026·SEC
Apr 1, 2026·SEC
Mar 2, 2026·SEC
WEC Energy Group, Inc. (WEC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
WEC Energy Group, Inc. (WEC) stock price & volume — 10-year historical chart
WEC Energy Group, Inc. (WEC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
WEC Energy Group, Inc. (WEC) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $2.45vs $2.30+6.5% | $3.4Bvs $3.3B+3.4% |
| Q1 2026 | Feb 5, 2026 | $1.42vs $1.39+2.2% | $2.5Bvs $2.1B+18.3% |
| Q4 2025 | Oct 30, 2025 | $0.83vs $0.81+2.5% | $2.1Bvs $1.9B+11.1% |
| Q3 2025 | Jul 30, 2025 | $0.76vs $0.70+7.8% | $2.0Bvs $1.8B+13.8% |
WEC Energy Group, Inc. (WEC) competitors in Electric and gas combination utilities — business model, growth, and fundamentals comparison
WEC Energy Group, Inc. (WEC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WEC Energy Group, Inc. (WEC) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.65B | 7.68B | 7.52B | 7.24B | 8.32B | 9.6B | 8.89B | 8.6B | 9.8B | 10.08B |
| Revenue Growth % | 2.36% | 0.41% | -2.04% | -3.74% | 14.83% | 15.41% | -7.34% | -3.3% | 13.96% | 11.2% |
| Cost of Revenue | 4.88B | 5.17B | 4.86B | 4.35B | 5.32B | 6.3B | 5.29B | 4.81B | 4.85B | 4.46B |
| Gross Profit | 2.77B▲ 0% | 2.51B▼ 9.3% | 2.66B▲ 5.9% | 2.89B▲ 8.7% | 3B▲ 3.8% | 3.3B▲ 10.0% | 3.6B▲ 9.1% | 3.79B▲ 5.1% | 4.95B▲ 30.8% | 5.62B▲ 0% |
| Gross Margin % | 36.21% | 32.7% | 35.35% | 39.91% | 36.07% | 34.39% | 40.5% | 44.02% | 50.55% | 55.74% |
| Gross Profit Growth % | 4.37% | -9.33% | 5.91% | 8.67% | 3.79% | 10.04% | 9.11% | 5.13% | 30.85% | - |
| Operating Expenses | 993.5M | 1.04B | 1.13B | 1.18B | 1.28B | 1.38B | 1.69B | 1.63B | 2.58B | 3.2B |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 2.58B | 2.31B | 2.46B | 2.68B | 2.79B | 3.05B | 3.17B | 3.51B | 3.85B | 3.92B |
| EBITDA Margin % | 33.78% | 30.13% | 32.67% | 37.04% | 33.54% | 31.75% | 35.67% | 40.78% | 39.32% | 38.83% |
| EBITDA Growth % | 5.69% | -10.43% | 6.2% | 9.13% | 4% | 9.24% | 4.12% | 10.56% | 9.87% | 7.05% |
| Depreciation & Amortization | 798.6M | 845.8M | 926.3M | 975.9M | 1.07B | 1.12B | 1.26B | 1.35B | 1.48B | 1.5B |
| D&A / Revenue % | 10.44% | 11.01% | 12.31% | 13.48% | 12.92% | 11.7% | 14.22% | 15.75% | 15.09% | 14.86% |
| Operating Income (EBIT) | 1.79B▲ 0% | 1.47B▼ 17.7% | 1.53B▲ 4.3% | 1.71B▲ 11.4% | 1.71B▲ 0.5% | 1.92B▲ 12.2% | 1.91B▼ 0.8% | 2.15B▲ 12.8% | 2.37B▲ 10.3% | 2.42B▲ 0% |
| Operating Margin % | 23.34% | 19.12% | 20.36% | 23.56% | 20.62% | 20.05% | 21.46% | 25.03% | 24.23% | 23.97% |
| Operating Income Growth % | 6.13% | -17.75% | 4.29% | 11.41% | 0.52% | 12.2% | -0.84% | 12.83% | 10.32% | - |
| Interest Expense | 415.7M | 445.1M | 501.5M | 493.7M | 471.1M | 515.1M | 727.4M | 815.3M | 895.1M | 4M |
| Interest Coverage | 4.82x | 3.76x | 3.51x | 3.90x | 4.18x | 4.36x | 3.11x | 3.14x | 2.87x | - |
| Interest / Revenue % | 5.44% | 5.8% | 6.67% | 6.82% | 5.66% | 5.37% | 8.18% | 9.48% | 9.13% | 0.04% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -4M |
| Pretax Income | 1.59B▲ 0% | 1.23B▼ 22.5% | 1.26B▲ 2.4% | 1.43B▲ 13.5% | 1.5B▲ 4.9% | 1.73B▲ 15.6% | 1.54B▼ 11.3% | 1.75B▲ 13.7% | 1.67B▼ 4.2% | 1.75B▲ 0% |
| Pretax Margin % | 20.77% | 16.02% | 16.74% | 19.74% | 18.02% | 18.05% | 17.28% | 20.31% | 17.08% | 17.32% |
| Income Tax | 383.5M | 169.8M | 125M | 227.9M | 200.3M | 322.9M | 204.6M | 222M | 118M | 110.4M |
| Effective Tax Rate % | 24.14% | 13.8% | 9.92% | 15.94% | 13.36% | 18.64% | 13.32% | 12.71% | 7.05% | 6.32% |
| Net Income | 1.2B▲ 0% | 1.06B▼ 12.0% | 1.14B▲ 7.0% | 1.2B▲ 5.8% | 1.3B▲ 8.4% | 1.41B▲ 8.3% | 1.33B▼ 5.4% | 1.53B▲ 14.7% | 1.56B▲ 2.0% | 1.64B▲ 0% |
| Net Margin % | 15.75% | 13.81% | 15.09% | 16.59% | 15.65% | 14.68% | 14.99% | 17.77% | 15.9% | 16.25% |
| Net Income Growth % | 28.15% | -11.98% | 7.04% | 5.81% | 8.36% | 8.28% | -5.42% | 14.67% | 1.96% | 0.51% |
| EPS (Diluted) | 3.79▲ 0% | 3.35▼ 11.6% | 3.58▲ 6.9% | 3.79▲ 5.9% | 4.11▲ 8.4% | 4.45▲ 8.3% | 4.22▼ 5.2% | 4.83▲ 14.5% | 4.83▲ 0.0% | 4.99▲ 0% |
| EPS Growth % | 28.04% | -11.61% | 6.87% | 5.87% | 8.44% | 8.27% | -5.17% | 14.46% | 0% | -2.34% |
| EPS (Basic) | 3.81 | 3.36 | 3.60 | 3.80 | 4.12 | 4.46 | 4.22 | 4.81 | 4.86 | - |
| Diluted Shares Outstanding | 317.2M | 316.9M | 316.7M | 316.5M | 316.3M | 316.1M | 315.9M | 316.5M | 327.9M | 328.3M |
WEC Energy Group, Inc. (WEC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 31.59B | 33.48B | 34.95B | 37.03B | 38.99B | 41.87B | 43.94B | 47.36B | 51.52B | 51.73B |
| Asset Growth % | 4.87% | 5.97% | 4.41% | 5.94% | 5.29% | 7.4% | 4.94% | 7.79% | 8.77% | 35.08% |
| PP&E (Net) | 21.35B | 22B | 23.62B | 25.71B | 26.98B | 29.11B | 31.58B | 34.65B | 38.28B | 38.71B |
| PP&E / Total Assets % | 67.57% | 65.72% | 67.58% | 69.43% | 69.21% | 69.53% | 71.87% | 73.15% | 74.3% | 74.82% |
| Total Current Assets | 2.21B | 2.25B | 2.09B | 2.08B | 2.66B | 3.19B | 2.8B | 2.91B | 2.89B | 2.98B |
| Cash & Equivalents | 38.9M | 84.5M | 37.5M | 24.8M | 16.3M | 28.9M | 42.9M | 9.8M | 27.6M | 45.6M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 539M | 548.2M | 549.8M | 528.6M | 635.8M | 807.1M | 775.2M | 813.2M | 803.4M | 612.3M |
| Other Current Assets | 74.9M | 77.2M | 68M | 63.4M | 253.4M | 261.7M | 223.7M | 121.9M | -271.2M | 203M |
| Long-Term Investments | 1.55B | 1.67B | 1.72B | 1.76B | 1.79B | 1.91B | 2.01B | 2.11B | 2.28B | 9.12B |
| Goodwill | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 34.5M | 34.5M | 580.3M | 0 |
| Other Assets | 3.42B | 4.51B | 4.46B | 4.42B | 4.51B | 4.61B | 4.47B | 4.61B | -2.28B | 4.62B |
| Total Liabilities | 22.1B | 23.63B | 24.7B | 26.37B | 27.88B | 30.26B | 31.87B | 34.56B | 37.47B | 37.16B |
| Total Debt | 11.03B | 11.8B | 12.73B | 14.29B | 15.59B | 17.37B | 18.8B | 20.33B | 22.31B | 22.32B |
| Net Debt | 10.99B | 11.71B | 12.7B | 14.27B | 15.57B | 17.34B | 18.75B | 20.32B | 22.29B | 22.27B |
| Long-Term Debt | 8.75B | 9.99B | 11.17B | 11.67B | 13.47B | 14.58B | 15.37B | 17.18B | 18.5B | 19.38B |
| Short-Term Borrowings | 2.29B | 1.81B | 1.52B | 2.55B | 1.99B | 2.53B | 3.29B | 2.85B | 3.44B | 2.57B |
| Capital Lease Obligations | 0 | 0 | 45.9M | 63.4M | 129.7M | 255.9M | 145.9M | 303.3M | 372M | 1.47B |
| Total Current Liabilities | 3.87B | 3.33B | 3.18B | 4.15B | 3.75B | 4.61B | 5.11B | 4.84B | 6.17B | 4.39B |
| Accounts Payable | 859.9M | 876.4M | 908.1M | 880.7M | 1.01B | 1.2B | 896.6M | 1.14B | 1.14B | 830.8M |
| Accrued Expenses | 169.1M | 185.4M | 199.8M | 174M | 0 | 0 | 0 | 0 | 0 | 264.1M |
| Deferred Revenue | 543.3M | 520.4M | 497.1M | 412.2M | 389.2M | 370.7M | 356.4M | 334.6M | 314.2M | 309.6M |
| Other Current Liabilities | 553.6M | 464.8M | 550.8M | 530.7M | 680.9M | 811.9M | 933.1M | 859.2M | 1.59B | 728.9M |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 23.41B |
| Other Liabilities | 5.94B | 6.4B | 6.04B | 6.02B | 5.9B | 5.88B | 5.97B | 6.39B | 6.22B | 6.75B |
| Total Equity | 9.52B▲ 0% | 9.84B▲ 3.4% | 10.25B▲ 4.2% | 10.66B▲ 4.0% | 11.11B▲ 4.2% | 11.62B▲ 4.5% | 12.07B▲ 3.9% | 12.8B▲ 6.1% | 14.05B▲ 9.8% | 14.57B▲ 0% |
| Equity Growth % | 5.91% | 3.37% | 4.18% | 3.98% | 4.23% | 4.53% | 3.92% | 6.05% | 9.77% | 41.64% |
| Shareholders Equity | 9.49B | 9.82B | 10.14B | 10.5B | 10.94B | 11.41B | 11.75B | 12.43B | 13.64B | 14.16B |
| Minority Interest | 30.4M | 23.4M | 110.8M | 162.4M | 169.7M | 209.3M | 316.9M | 376.5M | 408.8M | 407.9M |
| Common Stock | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.3M | 3.3M |
| Additional Paid-in Capital | 4.28B | 4.25B | 4.19B | 4.14B | 4.14B | 4.12B | 4.12B | 4.32B | 5.12B | 5.15B |
| Retained Earnings | 5.18B | 5.54B | 5.93B | 6.33B | 6.78B | 7.27B | 7.61B | 8.08B | 8.49B | 8.99B |
| Accumulated OCI | 2.9M | -2.6M | -4.1M | -6.8M | -3.2M | -6.8M | -7.7M | -7.8M | -7.6M | -7.5M |
| Return on Assets (ROA) | 3.9% | 3.26% | 3.32% | 3.34% | 3.42% | 3.49% | 3.11% | 3.35% | 3.15% | 3.25% |
| Return on Equity (ROE) | 13.02% | 10.95% | 11.3% | 11.48% | 11.95% | 12.4% | 11.25% | 12.29% | 11.61% | 11.64% |
| Debt / Equity | 1.16x | 1.20x | 1.24x | 1.34x | 1.40x | 1.50x | 1.56x | 1.59x | 1.59x | 1.59x |
| Debt / Assets | 34.93% | 35.25% | 36.44% | 38.59% | 39.99% | 41.48% | 42.78% | 42.92% | 43.31% | 43.14% |
| Net Debt / EBITDA | 4.26x | 5.06x | 5.17x | 5.32x | 5.58x | 5.69x | 5.91x | 5.79x | 5.78x | 5.78x |
| Book Value per Share | 30.02 | 31.06 | 32.38 | 33.69 | 35.14 | 36.75 | 38.21 | 40.45 | 42.86 | 44.38 |
WEC Energy Group, Inc. (WEC) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 2.08B | 2.45B | 2.35B | 2.2B | 2.03B | 2.06B | 3.02B | 3.21B | 3.38B | 3.38B |
| Operating CF Growth % | -1.14% | 17.59% | -4.09% | -6.37% | -7.44% | 1.38% | 46.47% | 6.41% | 5.22% | -15.81% |
| Operating CF / Revenue % | 27.19% | 31.84% | 31.18% | 30.32% | 24.44% | 21.47% | 33.94% | 37.35% | 34.48% | 33.51% |
| Net Income | 1.2B | 1.06B | 1.13B | 1.2B | 1.3B | 1.41B | 1.33B | 1.52B | 1.56B | 1.64B |
| Depreciation & Amortization | 798.6M | 845.8M | 926.3M | 975.9M | 1.07B | 1.12B | 1.26B | 1.35B | 1.48B | 1.5B |
| Deferred Taxes | 271.7M | 297.3M | 162.9M | 209.4M | 151.1M | 280.1M | 219.4M | 529M | 0 | 44.5M |
| Other Non-Cash Items | -322.7M | 194.2M | -48.2M | -138.9M | -184.4M | -410.9M | -31.3M | -116.7M | 455.6M | 299.8M |
| Working Capital Changes | 126.1M | 47.7M | 169.8M | -51.8M | -306.8M | -340.8M | 234.4M | -79.3M | -110.2M | -70.7M |
| Capital Expenditures | -1.96B | -2.12B | -2.26B | -2.24B | -2.25B | -2.31B | -2.49B | -2.78B | -4.4B | -4.51B |
| CapEx / Revenue % | 25.62% | 27.55% | 30.05% | 30.92% | 27.09% | 24.12% | 28.03% | 32.34% | 44.88% | 44.77% |
| CapEx / D&A | 2.45x | 2.50x | 2.44x | 2.29x | 2.10x | 2.06x | 1.97x | 2.05x | 2.97x | 3.01x |
| CapEx Coverage (OCF/CapEx) | 1.06x | 1.16x | 1.04x | 0.98x | 0.90x | 0.89x | 1.21x | 1.15x | 0.77x | 0.75x |
| Cash from Investing | -2.24B | -2.38B | -2.49B | -2.81B | -2.31B | -2.64B | -3.56B | -3.8B | -4.87B | -4.66B |
| Acquisitions | -335.6M | -354.9M | -320.8M | -625.7M | -119.9M | -427.5M | -1.08B | -1.04B | -406.1M | 42.3M |
| Purchase of Investments | -3.7M | -65M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -75.8M |
| Sale of Investments | 8.7M | 118.6M | 200K | 0 | 18.7M | 15.4M | 10.4M | 0 | 0 | 21.7M |
| Other Investing | 36M | 32.6M | 86.5M | 57.7M | 42.2M | 84.6M | 3M | 17.8M | -70.5M | -132.6M |
| Cash from Financing | 161.4M | 26.4M | 85.6M | 601.1M | 294M | 676.4M | 522.8M | 467.7M | 1.52B | 1.19B |
| Dividends Paid | -656.5M | -697.3M | -744.5M | -798M | -854.8M | -917.9M | -984.2M | -1.06B | -1.15B | -1.17B |
| Dividend Payout Ratio % | 54.49% | 65.75% | 65.58% | 66.44% | 65.68% | 65.13% | 73.84% | 69.1% | 73.65% | - |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 2M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 163.4M | 761.9M | 679.4M |
| Share Repurchases | -71.3M | -72.4M | -140.1M | -99.2M | -33.1M | -69.2M | -16.6M | -3.2M | -1.3M | 0 |
| Other Financing | 24.3M | 13.9M | 44.6M | -54.4M | -60.7M | 8.9M | -14.7M | -56.4M | 28.6M | -30.3M |
| Net Change in Cash | 1.4M▲ 0% | 87.5M▲ 6150.0% | -63.8M▼ 172.9% | -9.7M▲ 84.8% | 14.9M▲ 253.6% | 94.7M▲ 535.6% | -17M▼ 118.0% | -123M▼ 623.5% | 28.7M▲ 123.3% | -45.2M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.9M |
| Cash at Beginning | 37.5M | 58.6M | 146.1M | 82.3M | 72.6M | 87.5M | 182.2M | 165.2M | 42.2M | 70.9M |
| Cash at End | 38.9M | 146.1M | 82.3M | 72.6M | 87.5M | 182.2M | 165.2M | 42.2M | 70.9M | 107.3M |
| Free Cash Flow | 120.1M▲ 0% | 329.8M▲ 174.6% | 84.7M▼ 74.3% | -42.8M▼ 150.5% | -220.1M▼ 414.3% | -254.2M▼ 15.5% | 525.5M▲ 306.7% | 430.7M▼ 18.0% | -1.02B▼ 336.5% | -1.11B▲ 0% |
| FCF Growth % | -82.33% | 174.6% | -74.32% | -150.53% | -414.25% | -15.49% | 306.73% | -18.04% | -336.52% | -33.26% |
| FCF Margin % | 1.57% | 4.29% | 1.13% | -0.59% | -2.65% | -2.65% | 5.91% | 5.01% | -10.39% | -10.97% |
| FCF / Net Income % | 9.97% | 31.1% | 7.46% | -3.56% | -16.91% | -18.04% | 39.43% | 28.18% | -65.37% | -67.54% |
WEC Energy Group, Inc. (WEC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 13.02% | 10.95% | 11.3% | 11.48% | 11.95% | 12.4% | 11.25% | 12.29% | 11.61% | 11.64% |
| EBITDA Margin | 33.78% | 30.13% | 32.67% | 37.04% | 33.54% | 31.75% | 35.67% | 40.78% | 39.32% | 38.83% |
| Net Debt / EBITDA | 4.26x | 5.06x | 5.17x | 5.32x | 5.58x | 5.69x | 5.91x | 5.79x | 5.78x | 5.78x |
| Interest Coverage | 4.82x | 3.76x | 3.51x | 3.90x | 4.18x | 4.36x | 3.11x | 3.14x | 2.87x | - |
| CapEx / Revenue | 25.62% | 27.55% | 30.05% | 30.92% | 27.09% | 24.12% | 28.03% | 32.34% | 44.88% | 44.77% |
| Dividend Payout Ratio | 54.49% | 65.75% | 65.58% | 66.44% | 65.68% | 65.13% | 73.84% | 69.1% | 73.65% | 71.66% |
| Debt / Equity | 1.16x | 1.20x | 1.24x | 1.34x | 1.40x | 1.50x | 1.56x | 1.59x | 1.59x | 1.59x |
| EPS Growth | 28.04% | -11.61% | 6.87% | 5.87% | 8.44% | 8.27% | -5.17% | 14.46% | 0% | -2.34% |
WEC Energy Group, Inc. (WEC) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Apr 1, 2026·SEC
Mar 2, 2026·SEC
WEC Energy Group, Inc. (WEC) stock FAQ — growth, dividends, profitability & financials explained
WEC Energy Group, Inc. (WEC) reported $10.08B in revenue for fiscal year 2025. This represents a 469% increase from $1.77B in 1996.
WEC Energy Group, Inc. (WEC) grew revenue by 14.0% over the past year. This is steady growth.
Yes, WEC Energy Group, Inc. (WEC) is profitable, generating $1.64B in net income for fiscal year 2025 (15.9% net margin).
Yes, WEC Energy Group, Inc. (WEC) pays a dividend with a yield of 3.04%. This makes it attractive for income-focused investors.
WEC Energy Group, Inc. (WEC) has a return on equity (ROE) of 11.6%. This is reasonable for most industries.
WEC Energy Group, Inc. (WEC) had negative free cash flow of $1.11B in fiscal year 2025, likely due to heavy capital investments.
WEC Energy Group, Inc. (WEC) has a dividend payout ratio of 74%. The dividend is reasonably covered.
WEC Energy Group, Inc. (WEC) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates