WEC Energy Group, Inc. (WEC)
NYSE: WEC · Real-Time Price · USD
94.50
+1.24 (1.33%)
Dec 20, 2024, 4:00 PM EST - 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 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Revenue | 8,533 | 8,893 | 9,597 | 8,316 | 7,242 | 7,523 | Upgrade
|
| Revenue Growth (YoY) | -7.59% | -7.34% | 15.41% | 14.83% | -3.74% | -2.04% | Upgrade
|
| Operations & Maintenance | 2,179 | 2,095 | 1,931 | 2,002 | 2,027 | 2,179 | Upgrade
|
| Selling, General & Admin | 5.9 | 5.9 | 7 | 3.6 | 5.7 | 6.1 | Upgrade
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| Depreciation & Amortization | 1,335 | 1,264 | 1,123 | 1,074 | 975.9 | 926.3 | Upgrade
|
| Other Operating Expenses | 2,859 | 3,344 | 4,508 | 3,449 | 2,486 | 2,844 | Upgrade
|
| Total Operating Expenses | 6,379 | 6,708 | 7,569 | 6,529 | 5,494 | 5,956 | Upgrade
|
| Operating Income | 2,154 | 2,185 | 2,029 | 1,787 | 1,747 | 1,568 | Upgrade
|
| Interest Expense | -791.5 | -728.1 | -516.3 | -472.3 | -494.9 | -502.7 | Upgrade
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| Net Interest Expense | -791.5 | -728.1 | -516.3 | -472.3 | -494.9 | -502.7 | Upgrade
|
| Income (Loss) on Equity Investments | 182.6 | 176.4 | 204 | 178 | 178.2 | 131.1 | Upgrade
|
| Other Non-Operating Income (Expenses) | 104.6 | 81.1 | 15.1 | 41.1 | 35.9 | 62.5 | Upgrade
|
| EBT Excluding Unusual Items | 1,650 | 1,714 | 1,731 | 1,534 | 1,467 | 1,259 | Upgrade
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| Asset Writedown | -178.9 | -178.9 | - | - | - | - | Upgrade
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| Other Unusual Items | - | - | - | -36.3 | -38.4 | - | Upgrade
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| Pretax Income | 1,471 | 1,535 | 1,731 | 1,498 | 1,428 | 1,259 | Upgrade
|
| Income Tax Expense | 182.5 | 204.6 | 322.9 | 200.3 | 227.9 | 125 | Upgrade
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| Earnings From Continuing Ops. | 1,289 | 1,331 | 1,409 | 1,297 | 1,200 | 1,134 | Upgrade
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| Minority Interest in Earnings | 3.7 | 1.2 | -0.4 | 3 | -0.3 | 0.5 | Upgrade
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| Net Income | 1,292 | 1,332 | 1,408 | 1,300 | 1,200 | 1,134 | Upgrade
|
| Net Income to Common | 1,292 | 1,332 | 1,408 | 1,300 | 1,200 | 1,134 | Upgrade
|
| Net Income Growth | -5.40% | -5.43% | 8.29% | 8.37% | 5.81% | 7.05% | Upgrade
|
| Shares Outstanding (Basic) | 316 | 315 | 315 | 315 | 315 | 315 | Upgrade
|
| Shares Outstanding (Diluted) | 316 | 316 | 316 | 316 | 317 | 317 | Upgrade
|
| Shares Change (YoY) | 0.08% | -0.06% | -0.06% | -0.06% | -0.06% | -0.06% | Upgrade
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| EPS (Basic) | 4.09 | 4.22 | 4.46 | 4.12 | 3.80 | 3.60 | Upgrade
|
| EPS (Diluted) | 4.09 | 4.22 | 4.45 | 4.11 | 3.79 | 3.58 | Upgrade
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| EPS Growth | -5.27% | -5.17% | 8.27% | 8.44% | 5.87% | 7.19% | Upgrade
|
| Free Cash Flow | 411.9 | 525.5 | -254.2 | -220.1 | -42.8 | 84.7 | Upgrade
|
| Free Cash Flow Per Share | 1.30 | 1.66 | -0.80 | -0.70 | -0.14 | 0.27 | Upgrade
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| Dividend Per Share | 3.285 | 3.120 | 2.910 | 2.710 | 2.530 | 2.360 | Upgrade
|
| Dividend Growth | 7.09% | 7.22% | 7.38% | 7.11% | 7.20% | 6.79% | Upgrade
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| Profit Margin | 15.14% | 14.97% | 14.67% | 15.64% | 16.57% | 15.07% | Upgrade
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| Free Cash Flow Margin | 4.83% | 5.91% | -2.65% | -2.65% | -0.59% | 1.13% | Upgrade
|
| EBITDA | 3,486 | 3,449 | 3,151 | 2,861 | 2,723 | 2,494 | Upgrade
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| EBITDA Margin | 40.85% | 38.78% | 32.83% | 34.41% | 37.60% | 33.15% | Upgrade
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| D&A For EBITDA | 1,332 | 1,264 | 1,123 | 1,074 | 975.9 | 926.3 | Upgrade
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| EBIT | 2,154 | 2,185 | 2,029 | 1,787 | 1,747 | 1,568 | Upgrade
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| EBIT Margin | 25.24% | 24.57% | 21.14% | 21.49% | 24.13% | 20.84% | Upgrade
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| Effective Tax Rate | 12.41% | 13.33% | 18.65% | 13.37% | 15.96% | 9.93% | Upgrade
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Source: S&P Capital IQ. Utility template. Financial Sources.