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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

WEC Energy Group, Inc. (WEC) Quarterly Financial Ratios

Last 48 quarters of trend data · Utilities · Regulated Electric

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

WEC Energy Group, Inc.'s quarterly P/E stands at 27.2x, up 65.3% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has compressed 25.5% YoY to 10.0x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →24.2227.1834.5234.2812.0016.4431.6429.2810.4230.5020.1423.9814.72
—+65.3%+9.1%+17.1%+15.2%-46.1%+57.1%+22.1%-29.2%+4.1%-13.5%-13.3%+5.6%
P/S Ratio3.883.414.434.162.763.274.083.502.423.003.253.812.59
—+4.3%+8.6%+18.8%+14.1%+9.0%+25.7%-8.1%-6.6%+3.5%-7.9%+1.9%-4.5%
P/B Ratio0.940.852.662.442.592.332.462.002.092.202.102.322.50
—-63.6%+8.4%+22.1%+24.1%+5.9%+16.9%-13.6%-16.4%-13.6%-13.8%-16.3%-9.4%
P/FCF———349.55143.08——18.0615.47—49.5718.15—
———+1835.9%+824.6%——-0.5%———-90.8%—
EV / EBITDA10.8610.0017.7517.4210.6413.4217.0615.479.7017.0213.7615.5212.26
—-25.5%+4.1%+12.6%+9.7%-21.2%+24.0%-0.3%-20.9%-3.6%-15.5%-9.4%+6.1%
EV / EBIT17.6216.4627.6627.9013.6817.1226.0524.0012.3326.1419.5222.1915.85
—-3.9%+6.2%+16.2%+11.0%-34.5%+33.4%+8.2%-22.2%+2.7%-12.0%-11.3%+10.5%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

WEC Energy Group, Inc.'s operating margin was 23.0% in Q4 2025, up 1.6 pp QoQ and down 2.9 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. Gross margin expanded 9.5% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin50.5%48.8%71.1%41.9%43.7%44.6%41.6%43.4%45.6%40.7%43.6%43.8%36.2%
—+9.5%+70.8%-3.3%-4.2%+9.6%-4.5%-0.9%+26.1%+40.2%+17.4%+25.2%-1.7%
Operating Margin24.2%23.0%21.4%20.1%29.8%25.9%20.6%20.6%30.3%15.4%24.1%23.2%23.2%
—-11.2%+3.8%-2.1%-1.9%+68.0%-14.6%-11.4%+31.0%+3.5%+19.5%+21.1%-7.9%
Net Margin15.9%12.5%12.9%12.2%23.0%19.9%12.9%11.9%23.2%9.9%16.2%15.8%17.6%
—-37.1%-0.0%+2.4%-1.0%+101.3%-20.2%-24.6%+32.1%-0.2%+7.2%+17.3%-9.6%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE5.8%1.2%2.0%1.8%5.5%3.6%1.9%1.7%5.1%1.8%2.6%2.4%4.3%
—-67.9%+1.1%+6.4%+8.7%+99.0%-26.0%-29.4%+18.1%-16.9%+0.2%-3.7%-14.2%
ROA3.2%0.6%0.6%0.5%1.5%1.0%0.5%0.5%1.4%0.5%0.7%0.7%1.2%
—-36.2%+3.0%+6.2%+7.0%+95.8%-26.8%-29.3%+18.1%-18.2%-2.6%-7.6%-17.4%
ROIC4.6%1.1%1.0%0.9%2.1%1.4%0.9%0.9%2.0%0.8%1.2%1.1%1.7%
—-20.2%+5.4%+1.1%+6.4%+64.0%-21.4%-17.1%+15.6%-16.5%+5.9%-7.2%-17.2%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

WEC Energy Group, Inc.'s Debt/EBITDA ratio is 4.0x, down from 25.7x last quarter — at a moderate level that warrants monitoring. The current ratio has weakened 8.7% YoY to 0.55x, tightening the short-term liquidity position.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.090.091.511.501.531.591.561.521.501.561.511.501.49
—-94.1%-3.0%-1.1%+2.1%+2.0%+3.5%+1.1%+0.2%+4.2%+6.9%+12.6%+12.9%
Debt / EBITDA0.993.9825.7526.5415.8121.7426.6626.8416.2128.2322.9924.4518.36
—-81.7%-3.4%-1.1%-2.5%-23.0%+16.0%+9.8%-11.7%+8.1%-3.7%+9.7%+22.5%
Current Ratio0.520.550.430.550.500.600.650.740.550.550.600.600.75
—-8.7%-34.4%-25.2%-9.2%+10.0%+8.9%+23.4%-26.6%-20.9%-27.1%-13.3%-4.0%
Quick Ratio0.370.400.260.400.400.430.460.540.420.400.420.450.61
—-8.5%-42.7%-25.4%-4.7%+9.7%+9.7%+19.5%-31.1%-23.5%-24.1%-16.6%-8.5%
Interest Coverage2.652.562.011.834.202.941.881.824.241.762.592.383.89
—————————————

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Includes 30+ ratios · 48 years · Updated daily

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Frequently Asked Questions

What is WEC Energy Group, Inc.'s quarterly P/E ratio trend?

WEC Energy Group, Inc.'s current P/E is 24.2x. The average P/E over the last 4 quarters is 27.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do WEC Energy Group, Inc.'s margins change by quarter?

WEC Energy Group, Inc.'s current operating margin is 24.2%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at WEC quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking WEC Energy Group, Inc.'s business trajectory between earnings reports.

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