WEC
WEC Energy Group Inc
NYSE: WEC · UTILITIES · UTILITIES - REGULATED ELECTRIC
$114.51
-1.10% today
Updated 2026-04-29
Market cap
$37.30B
P/E ratio
23.81
P/S ratio
3.81x
EPS (TTM)
$4.81
Dividend yield
3.08%
52W range
$98 – $120
Volume
1.9M
WEC Energy Group Inc (WEC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.00B | $4.24B | $4.43B | $4.13B | $4.20B | $4.49B | $4.25B | $4.52B | $5.00B | $5.93B | $7.47B | $7.65B | $7.68B | $7.52B | $7.24B | $8.32B | $9.60B | $8.89B | $8.60B | $9.80B |
| Revenue growth (YoY) | — | +6.0% | +4.6% | -6.8% | +1.8% | +6.8% | -5.3% | +6.4% | +10.6% | +18.6% | +26.1% | +2.4% | +0.4% | -2.0% | -3.7% | +14.8% | +15.4% | -7.3% | -3.3% | +14.0% |
| Cost of revenue | $802.00M | $996.40M | $2.46B | $1.97B | $3.18B | $3.16B | $2.76B | $2.98B | $3.37B | $3.95B | $4.82B | $4.88B | $5.17B | $4.86B | $4.35B | $5.32B | $6.30B | $5.29B | $4.81B | $4.85B |
| Gross profit | $3.19B | $3.24B | $1.97B | $2.13B | $1.02B | $1.33B | $1.49B | $1.54B | $1.63B | $1.98B | $2.65B | $2.77B | $2.51B | $2.66B | $2.89B | $3.00B | $3.30B | $3.60B | $3.79B | $4.95B |
| Gross margin | 79.9% | 76.5% | 44.4% | 51.6% | 24.4% | 29.7% | 35.0% | 34.0% | 32.5% | 33.4% | 35.5% | 36.2% | 32.7% | 35.4% | 39.9% | 36.1% | 34.4% | 40.5% | 44.0% | 50.5% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $36.20M | $36.20M | $194.70M | $194.90M | $2.47B | $2.39B | $2.24B | $2.22B | $2.19B | $5.90M | $5.80M | $7.80M |
| Operating income | $568.50M | $628.50M | $172.50M | $663.70M | $810.40M | $887.30M | $1.00B | $1.08B | $1.11B | $1.25B | $1.68B | $1.79B | $1.47B | $1.53B | $1.71B | $1.71B | $1.92B | $1.91B | $2.15B | $2.37B |
| Operating margin | 14.2% | 14.8% | 3.9% | 16.1% | 19.3% | 19.8% | 23.6% | 23.9% | 22.3% | 21.1% | 22.5% | 23.3% | 19.1% | 20.4% | 23.6% | 20.6% | 20.0% | 21.5% | 25.0% | 24.2% |
| EBITDA | $934.00M | $966.50M | $1.06B | $1.09B | $1.23B | $1.35B | $1.47B | $1.56B | $1.61B | $1.99B | $2.67B | $2.80B | $2.52B | $2.69B | $2.90B | $3.04B | $3.37B | $3.53B | $3.92B | $4.05B |
| EBITDA margin | 23.4% | 22.8% | 23.9% | 26.5% | 29.2% | 30.1% | 34.7% | 34.6% | 32.2% | 33.6% | 35.8% | 36.6% | 32.8% | 35.7% | 40.0% | 36.6% | 35.1% | 39.7% | 45.5% | 41.3% |
| EBIT | $597.20M | $605.30M | $727.80M | $745.40M | $910.70M | $1.01B | $1.10B | $1.16B | $1.19B | $1.41B | $1.91B | $2.00B | $1.68B | $1.76B | $1.92B | $1.97B | $2.25B | $2.26B | $2.56B | $2.57B |
| Interest expense | $0.00 | $167.60M | $153.70M | $156.70M | $206.40M | $235.80M | $248.20M | $250.90M | $240.30M | $331.40M | $402.70M | $415.70M | $445.10M | $501.50M | $493.70M | $471.10M | $515.10M | $727.40M | $815.30M | $895.10M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $316.40M | $335.60M | $359.10M | $382.40M | $456.50M | $526.20M | $546.30M | $577.40M | $588.30M | $640.30M | $940.20M | $1.20B | $1.06B | $1.14B | $1.20B | $1.30B | $1.41B | $1.33B | $1.53B | $1.56B |
| Net income growth (YoY) | — | +6.1% | +7.0% | +6.5% | +19.4% | +15.3% | +3.8% | +5.7% | +1.9% | +8.8% | +46.8% | +28.2% | -12.0% | +7.0% | +5.8% | +8.4% | +8.3% | -5.4% | +14.7% | +2.0% |
| Profit margin | 7.9% | 7.9% | 8.1% | 9.3% | 10.9% | 11.7% | 12.9% | 12.8% | 11.8% | 10.8% | 12.6% | 15.8% | 13.8% | 15.1% | 16.6% | 15.7% | 14.7% | 15.0% | 17.8% | 15.9% |