WEC Energy Group, Inc. (WEC) Financial Statements

Historical financial data — 41 statements covering FY2016–FY2025

WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in Ame...

WEC Energy Group, Inc.'s revenue increased 14.0% year over year, from $8.60B to $9.80B.

Net income increased 2.0% over the same period, from $1.53B to $1.56B.

Over the 9-year period from FY2016 to FY2025, revenue grew by 31% in total.

Total debt increased by 11.6% to $20.42B.

Operating cash flow grew 5.2% to $3.38B.

WEC Energy Group, Inc. maintains a healthy net profit margin of 15.9%.

Recent Financial Statements

PeriodRevenueNet IncomeGross ProfitEBITOp. Cash FlowTotal AssetsTotal DebtEquity
Q3 FY2023$6.68B+41.5%$1.11B$4.25B$1.57B$2.54B$43.44B$17.51BN/A
Q1 FY2024$2.68B-59.9%$622.3M$1.75B$813.4M$863.6M$43.93B$17.95BN/A
Q2 FY2024$4.45B+66.1%$833.6M$3.06B$1.18B$1.90B$44.58B$17.67BN/A
Q3 FY2024$6.32B+41.9%$1.07B$4.40B$1.56B$2.63B$45.20B$17.49BN/A
Q1 FY2025$3.15B-50.1%$724.2M$1.98B$937.5M$1.16B$48.23B$17.49BN/A
Q2 FY2025$5.16B+63.8%$969.6M$3.42B$1.34B$2.02B$48.52B$17.92BN/A
Q3 FY2025$7.26B+40.8%$1.24B$4.92B$1.79B$2.95B$49.81B$18.92BN/A
Q1 FY2026$3.43B-52.7%$804.4M$2.04B$980.0M$1.22B$51.73B$21.43BN/A

Balance Sheet Summary (Latest Period)

Total Assets
$51.52B
Total Liabilities
N/A
Total Equity
N/A
Cash & Equivalents
$27.6M
Total Debt
$20.42B
Current Assets
$3.28B
Current Liabilities
$5.59B
Retained Earnings
$8.49B
Current Price: $106.14
Market Cap: $34.6B
Sector: Utilities