WEC Energy Group, Inc. (WEC)

WEC Energy Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	50	27.6	9.8	42.9	28.9	16.3
Accounts Receivable	1,529	2,063	1,669	1,503	1,818	1,506
Inventory	744.6	803.4	813.2	775.2	807.1	635.8
Prepaid Expenses	261	271.2	297.5	250.7	271.6	245.5
Restricted Cash	100.3	50.5	21.3	70.1	25.6	19.6
Other Current Assets	96.7	69.3	100.6	153.6	236.1	233.8
Total Current Assets	2,782	3,285	2,912	2,796	3,188	2,657
Property, Plant & Equipment	39,828	38,348	34,678	31,614	29,130	27,002
Regulatory Assets	3,130	3,156	3,340	3,250	3,265	3,265
Goodwill	3,053	3,053	3,053	3,053	3,053	3,053
Other Intangible Assets	77.5	68.4	47.5	34.5	24.9	5.7
Long-Term Investments	2,421	2,280	2,109	2,006	1,909	1,789
Other Long-Term Assets	1,460	1,328	1,225	1,188	1,303	1,217
Total Assets	52,750	51,518	47,363	43,940	41,872	38,989

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,019	1,140	1,137	896.6	1,198	1,006
Short-Term Debt	1,934	1,925	1,117	2,021	1,647	1,897
Current Portion of Long-Term Debt	1,414	1,519	1,729	1,264	808.5	91
Current Portion of Leases	-	3.3	4.5	4.7	76.7	82.1
Other Current Liabilities	842.2	1,006	854.7	928.4	880.6	677.2
Total Current Liabilities	5,208	5,593	4,842	5,115	4,611	3,753
Long-Term Debt	19,216	18,498	17,178	15,367	14,656	13,472
Long-Term Leases	459.3	445	340.8	184.7	135.9	80.4
Long-Term Unearned Revenue	305	314.2	334.6	356.4	370.7	389.2
Pension & Post-Retirement Benefits	-	-	-	-	171.6	219
Long-Term Deferred Tax Liabilities	6,165	5,892	5,515	4,919	4,626	4,309
Other Long-Term Liabilities	6,823	6,723	6,351	5,927	5,685	5,653
Total Liabilities	38,177	37,466	34,561	31,868	30,256	27,875

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	3.3	3.3	3.2	3.2	3.2	3.2
Additional Paid-In Capital	5,162	5,124	4,316	4,116	4,115	4,138
Retained Earnings	8,977	8,494	8,084	7,613	7,265	6,775
Comprehensive Income & Other	-7.5	-7.6	-7.8	-7.7	-6.8	-3.2
Total Common Equity	14,135	13,614	12,395	11,724	11,377	10,913
Minority Interest	438.1	439.2	406.9	347.3	239.7	200.1
Shareholders' Equity	14,573	14,053	12,802	12,072	11,617	11,113
Total Liabilities & Equity	52,750	51,518	47,363	43,940	41,872	38,989

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	23,023	22,391	20,369	18,841	17,324	15,623
Net Cash (Debt)	-22,973	-22,363	-20,359	-18,799	-17,295	-15,607
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-70.09	-69.06	-64.33	-59.51	-54.71	-49.34
Filing Date Shares Outstanding	325.85	325.53	317.75	315.56	315.43	315.43
Total Common Shares Outstanding	325.85	325.46	317.68	315.43	315.43	315.43
Working Capital	-2,427	-2,309	-1,930	-2,319	-1,423	-1,096
Book Value Per Share	43.38	41.83	39.02	37.17	36.07	34.60
Tangible Book Value	11,005	10,492	9,295	8,637	8,299	7,855
Tangible Book Value Per Share	33.77	32.24	29.26	27.38	26.31	24.90
Machinery	-	42,725	39,662	36,693	33,691	33,441
Construction In Progress	-	3,425	1,695	1,154	1,054	435.8

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error