WEC Energy Group, Inc. (WEC) Financial Statements
Historical financial data — 42 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
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $1.86B+5.2% | $240.1M | $1.34B | $383.7M | $729.0M | $45.20B | $17.49B | $12.39B |
| Q4 FY2024 | $2.28B+22.6% | $453.5M | $1.55B | $590.9M | $581.8M | $47.36B | $18.29B | N/A |
| Q1 FY2025 | $3.15B+37.9% | $724.2M | $1.98B | $937.5M | $1.16B | $48.23B | $17.49B | $13.43B |
| Q2 FY2025 | $2.01B-36.2% | $245.4M | $1.44B | $404.9M | $853.3M | $48.52B | $17.92B | $13.67B |
| Q3 FY2025 | $2.10B+4.7% | $271.3M | $1.50B | $449.6M | $938.9M | $49.81B | $18.92B | $14.01B |
| Q4 FY2025 | $2.54B+20.6% | $316.6M | $1.62B | $452.9M | $424.6M | $51.52B | $20.42B | N/A |
| Q1 FY2026 | $3.43B+35.4% | $804.4M | $2.04B | $980.0M | $1.22B | $51.73B | $22.32B | $14.57B |
| Q2 FY2026 | $2.06B-40.0% | $299.2M | $1.51B | $432.8M | $992.3M | $52.75B | $23.02B | $14.57B |
Balance Sheet Summary (Q2 FY2026)
WEC Energy Group, Inc. (WEC) Financial Statements & Revenue History
WEC Energy Group, Inc. (WEC) is a US-listed stock operating in the Utilities sector, specifically the Electric & Other Services Combined industry trading at $108.71 with a market capitalization of $35. This page provides 42 historical financial statements for WEC Energy Group, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, WEC Energy Group, Inc. reported revenue of $9.8 billion, representing 14.0% year-over-year growth. The net profit margin of 15.9% reflects strong profitability..
WEC Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows WEC Energy Group, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether WEC is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track WEC's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently WEC Energy Group, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of WEC's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use WEC Financial Data
Investors use WEC Energy Group, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare WEC's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how WEC's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View WEC's financial health score, earnings, and pre-market pricing.
Financial data is sourced from WEC Energy Group, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.WEC trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.