WEC Energy Group, Inc. (WEC)
NYSE: WEC · Real-Time Price · USD
111.05
-0.62 (-0.56%)
May 29, 2026, 4:00 PM EDT - Market closed
WEC Energy Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 10,085 | 9,800 | 8,600 | 8,893 | 9,597 | 8,316 | |
Revenue Growth (YoY) | 11.20% | 13.96% | -3.30% | -7.34% | 15.41% | 14.84% |
Fuel and Purchased Power Expense | 3,491 | 3,266 | 2,656 | 3,191 | 4,359 | 3,311 |
Operations and Maintenance Expenses | 2,402 | 2,401 | 2,158 | 2,101 | 1,938 | 2,006 |
Gross Profit | 4,192 | 4,134 | 3,786 | 3,601 | 3,301 | 3,000 |
Depreciation & Amortization Expenses | 1,498 | 1,479 | 1,355 | 1,264 | 1,123 | 1,074 |
Taxes Other than Income Tax | 276.4 | 280.1 | 266.5 | 250.2 | 253.7 | 210.3 |
Other Operating Expenses | 130 | 130 | 12.1 | 178.9 | - | - |
Operating Income | 2,287 | 2,245 | 2,153 | 1,908 | 1,924 | 1,715 |
Interest Income | 221.7 | 215.8 | 207.5 | 177.5 | 194.7 | 158.1 |
Interest Expense | -900.6 | -895.1 | -815.3 | -727.4 | -515.1 | -471.1 |
Other Non-Operating Income (Expense) | 138 | 107.9 | 201.3 | 178.2 | 128.8 | 96.9 |
Total Non-Operating Income (Expense) | -540.9 | -571.4 | -406.5 | -371.7 | -191.6 | -216.1 |
Pretax Income | 1,747 | 1,674 | 1,746 | 1,536 | 1,733 | 1,499 |
Provision for Income Taxes | 110.4 | 118 | 222 | 204.6 | 322.9 | 200.3 |
Net Income | 1,638 | 1,558 | 1,527 | 1,332 | 1,408 | 1,300 |
Minority Interest in Earnings | -2.8 | -3.2 | -4.1 | -1.2 | 0.4 | -3 |
Net Income Attributable to Preferred Dividends | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 |
Net Income to Common | 1,638 | 1,558 | 1,527 | 1,332 | 1,408 | 1,300 |
Net Income Growth | 0.53% | 1.98% | 14.68% | -5.43% | 8.29% | 8.37% |
Shares Outstanding (Basic) | 324 | 322 | 316 | 315 | 315 | 315 |
Shares Outstanding (Diluted) | 326 | 324 | 317 | 316 | 316 | 316 |
Shares Change (YoY) | 2.72% | 2.31% | 0.19% | -0.06% | -0.06% | -0.06% |
EPS (Basic) | 5.05 | 4.84 | 4.83 | 4.22 | 4.46 | 4.12 |
EPS (Diluted) | 5.01 | 4.81 | 4.83 | 4.22 | 4.45 | 4.11 |
EPS Growth | -2.34% | -0.41% | 14.46% | -5.17% | 8.27% | 8.44% |
Shares Outstanding | 325.73 | 325.46 | 317.68 | 315.44 | 315.44 | 315.44 |
Free Cash Flow | -1,080 | -1,019 | 430.7 | 525.5 | -254.2 | -220.1 |
Free Cash Flow Growth | - | - | -18.04% | - | - | - |
Free Cash Flow Per Share | -3.31 | -3.15 | 1.36 | 1.66 | -0.80 | -0.70 |
Dividends Per Share | 3.630 | 3.570 | 3.340 | 3.120 | 2.910 | 2.710 |
Dividend Growth | 1.68% | 6.89% | 7.05% | 7.22% | 7.38% | 7.12% |
Gross Margin | 41.57% | 42.18% | 44.02% | 40.50% | 34.39% | 36.07% |
Operating Margin | 22.68% | 22.91% | 25.03% | 21.46% | 20.05% | 20.62% |
Profit Margin | 16.22% | 15.87% | 17.72% | 14.97% | 14.69% | 15.61% |
FCF Margin | -10.71% | -10.39% | 5.01% | 5.91% | -2.65% | -2.65% |
EBITDA | 3,786 | 3,723 | 3,507 | 3,172 | 3,047 | 2,789 |
EBITDA Margin | 37.54% | 37.99% | 40.78% | 35.67% | 31.75% | 33.54% |
EBIT | 2,287 | 2,245 | 2,153 | 1,908 | 1,924 | 1,715 |
EBIT Margin | 22.68% | 22.91% | 25.03% | 21.46% | 20.05% | 20.62% |
Effective Tax Rate | 6.32% | 7.05% | 12.71% | 13.32% | 18.64% | 13.36% |