WEC Energy Group (WEC) Financials: History & Chart

WEC Energy Group, Inc. (WEC)WECWEC Energy Group, Inc.

About WEC Energy Group, Inc.

WEC Energy Group, Inc. is a major energy provider operating across the United States, delivering regulated natural gas and electricity, as well as both regulated and non-regulated renewable energy services. The company's operations are divided into six main business segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. Its electricity generation relies on a diverse portfolio of sources, including coal, natural gas, oil, hydroelectric, wind, solar, and biomass. Beyond power generation, WEC Energy Group also provides electric transmission services, manages retail natural gas distribution, handles natural gas transportation, and is involved in the production, distribution, and sale of steam. As of December 31, 2021, the company's vast infrastructure network included approximately 35,800 miles of overhead electricity distribution lines and 35,600 miles of underground cables. This electrical system was supported by 440 distribution substations and 510,500 line transformers. For natural gas, its network comprised 50,900 miles of distribution mains, 1,200 miles of transmission mains, 2.3 million lateral services, and 500 distribution and transmission gate stations. Furthermore, WEC Energy Group managed 68.2 billion cubic feet of working gas capacity within its underground natural gas storage facilities. The company, founded in 1981, was previously known as Wisconsin Energy Corporation until it officially adopted the name WEC Energy Group, Inc. in June 2015. Its corporate headquarters are located in Milwaukee, Wisconsin.

Milwaukee, WI

7,000 employees

www.wecenergygroup.com

Utilities / Regulated Electric

Sector: Utilities
Industry: Regulated Electric
CEO: Scott J. Lauber

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Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	10.08B	3.43B	2.54B	2.10B	2.01B	3.15B	2.28B	1.86B	1.77B
Cost of Goods Sold	4.46B	1.39B	1.30B	608.10M	1.17B	1.77B	1.27B	1.09B	1.00B
Gross Profit	5.62B	2.04B	1.24B	1.50B	842.80M	1.38B	1.02B	775.90M	768.90M
Gross Profit Margin	55.7%	59.5%	48.8%	71.1%	41.9%	43.7%	44.6%	41.6%	43.4%
Total Operating Expenses	3.20B	1.06B	656.40M	1.05B	437.90M	438.30M	427.90M	392.20M	404.10M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	1.20B	608.70M	591.50M	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income (EBIT)	2.42B	980.00M	582.90M	449.60M	404.90M	937.50M	590.90M	383.70M	364.80M
Operating Margin	24.0%	28.5%	23.0%	21.4%	20.1%	29.8%	25.9%	20.6%	20.6%
Income Before Tax (EBT)	1.75B	859.20M	320.20M	304.60M	262.50M	786.20M	514.20M	270.20M	251.60M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	900.60M	228.50M	227.70M	223.60M	220.80M	223.00M	201.30M	204.20M	200.60M
Other Income/Expense	-670.90M	-120.80M	-262.70M	-145.00M	-142.40M	-151.30M	-76.70M	-113.50M	-113.20M
Net Income	1.64B	804.70M	316.90M	271.30M	245.70M	724.50M	453.80M	240.40M	211.60M
Income Tax Expense	110.40M	53.10M	3.40M	34.40M	19.50M	60.70M	61.10M	31.60M	41.60M
Net Profit Margin	16.2%	23.4%	12.5%	12.9%	12.2%	23.0%	19.9%	12.9%	11.9%
EBITDA	3.92B	1.36B	959.20M	823.00M	773.80M	1.30B	934.90M	724.20M	701.40M
EBITDA Margin	38.8%	39.6%	37.8%	39.1%	38.5%	41.2%	40.9%	38.9%	39.6%
Depreciation & Amortization	1.50B	379.80M	376.30M	373.40M	368.90M	359.90M	344.00M	340.50M	336.60M
EPS Basic	5.05	2.47	0.97	0.84	0.77	2.28	1.43	0.76	0.67
EPS Diluted	5.01	2.45	0.97	0.83	0.76	2.27	1.43	0.76	0.67
Shares Outstanding	325.60M	325.60M	325.40M	323.50M	319.30M	318.20M	317.10M	316.20M	315.90M
Diluted Shares Outstanding	328.30M	328.30M	327.90M	325.60M	320.70M	319.30M	317.50M	316.50M	316.20M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	9.80B	8.60B	8.89B	9.60B	8.32B	7.24B	7.52B	7.68B
Cost of Goods Sold	4.85B	4.81B	5.29B	6.30B	5.32B	4.35B	4.86B	5.17B
Gross Profit	4.95B	3.79B	3.60B	3.30B	3.00B	2.89B	2.66B	2.51B
Gross Profit Margin	50.5%	44.0%	40.5%	34.4%	36.1%	39.9%	35.4%	32.7%
Total Operating Expenses	2.58B	1.63B	1.69B	1.38B	1.28B	1.18B	1.13B	1.04B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	591.50M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income (EBIT)	2.37B	2.15B	1.91B	1.92B	1.71B	1.71B	1.53B	1.47B
Operating Margin	24.2%	25.0%	21.5%	20.0%	20.6%	23.6%	20.4%	19.1%
Income Before Tax (EBT)	1.67B	1.75B	1.54B	1.73B	1.50B	1.43B	1.26B	1.23B
Interest Income	N/A	17.20M	N/A	1.20M	N/A	N/A	N/A	N/A
Interest Expense	895.10M	815.30M	727.40M	515.10M	471.10M	493.70M	501.50M	445.10M
Other Income/Expense	-701.40M	-406.50M	-371.70M	-191.60M	-216.10M	-276.80M	-271.70M	-238.10M
Net Income	1.56B	1.53B	1.33B	1.41B	1.30B	1.20B	1.14B	1.06B
Income Tax Expense	118.00M	222.00M	204.60M	322.90M	200.30M	227.90M	125.00M	169.80M
Net Profit Margin	15.9%	17.8%	15.0%	14.7%	15.7%	16.6%	15.1%	13.8%
EBITDA	3.85B	3.51B	3.17B	3.05B	2.79B	2.68B	2.46B	2.31B
EBITDA Margin	39.3%	40.8%	35.7%	31.7%	33.5%	37.0%	32.7%	30.1%
Depreciation & Amortization	1.48B	1.35B	1.26B	1.12B	1.07B	975.90M	926.30M	845.80M
EPS Basic	4.86	4.81	4.22	4.46	4.12	3.80	3.60	3.36
EPS Diluted	4.83	4.83	4.22	4.45	4.11	3.79	3.58	3.35
Shares Outstanding	325.40M	316.20M	315.40M	315.40M	315.40M	315.40M	315.40M	315.50M
Diluted Shares Outstanding	327.90M	316.50M	315.90M	316.10M	316.30M	316.50M	316.70M	316.90M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.