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WEC Energy Group, Inc. (WEC) Operating Margin: 23.97%

Is WEC Energy Group, Inc.’s operating margin high or low?

WEC Energy Group, Inc.'s operating margin of 23.97% is in line with its 5-year average of 22.49%, near the high end of its 5-year range (20.05%–25.03%).

As of Tuesday, June 16, 2026. 2.68% below its 12-month average of 24.63%.

WEC Operating Margin Chart

WEC Operating Margin
24.23%-3.20% 1Y
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WEC Average Operating Margin Chart

WEC Current vs Average Operating Margin Chart

WEC Operating Margin Metrics

OPERATING MARGIN

23.97%

OPERATING MARGIN AVG TTM

24.63%

OPERATING MARGIN AVG 3Y

22.69%

OPERATING MARGIN AVG 5Y

22.49%

OPERATING MARGIN AVG 10Y

21.94%

OPERATING MARGIN AVG 15Y

21.88%

OPERATING MARGIN AVG 20Y

20.50%

CURRENT VS TTM AVG

-2.68%

CURRENT VS 3Y AVG

+5.63%

CURRENT VS 5Y AVG

+6.57%

CURRENT VS 10Y AVG

+9.23%

CURRENT VS 15Y AVG

+9.53%

CURRENT VS 20Y AVG

+16.92%

WEC Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
WEC Energy Group, Inc. (WEC)$37.36B23.97%24.63%22.69%22.49%
Consolidated Edison, Inc. (ED)vs ›$40.23B17.33%17.62%16.92%18.31%
Public Service Enterprise Group Incorporated (PEG)vs ›$40.30B25.47%23.68%23.56%18.18%
Ameren Corporation (AEE)vs ›$30.58B23.97%21.46%20.68%21.00%
Atmos Energy Corporation (ATO)vs ›$28.49B35.87%32.86%28.15%28.06%
CenterPoint Energy, Inc. (CNP)vs ›$28.36B22.51%22.79%20.65%18.82%
FirstEnergy Corp. (FE)vs ›$27.59B18.72%18.20%17.33%17.48%
PPL Corporation (PPL)vs ›$27.37B23.53%22.06%20.28%22.45%
Exelon Corporation (EXC)vs ›$47.67B21.03%19.98%18.97%16.56%
Eversource Energy (ES)vs ›$26.25B22.52%22.40%20.71%20.89%

Operating Efficiency

Gross Margin

55.7%

Operating Margin

24.0%

WEC Energy Group, Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

WEC Energy Group, Inc. Operating Margin FAQ

What is the operating margin for WEC Energy Group, Inc. (WEC)?
The operating margin for WEC stock is 23.97%.
Is WEC Energy Group, Inc.'s operating margin high or low?
WEC Energy Group, Inc.'s operating margin of 23.97% is in line with its 5-year average of 22.49%, near the high end of its 5-year range (20.05%–25.03%).
What is the TTM average operating margin for WEC Energy Group, Inc. (WEC)?
The TTM average operating margin for WEC stock is 24.63%.
What is the 3Y average operating margin for WEC Energy Group, Inc. (WEC)?
The 3Y average operating margin for WEC stock is 22.69%.
What is the 5Y average operating margin for WEC Energy Group, Inc. (WEC)?
The 5Y average operating margin for WEC stock is 22.49%.
What is the 10Y average operating margin for WEC Energy Group, Inc. (WEC)?
The 10Y average operating margin for WEC stock is 21.94%.
What is the 15Y average operating margin for WEC Energy Group, Inc. (WEC)?
The 15Y average operating margin for WEC stock is 21.88%.
What is the 20Y average operating margin for WEC Energy Group, Inc. (WEC)?
The 20Y average operating margin for WEC stock is 20.50%.

WEC Energy Group, Inc. Operating Margin History

DATEOPERATING MARGIN
2025-12-3124.23%
2024-12-3125.03%
2023-12-3121.46%
2022-12-3120.05%
2021-12-3120.62%
2020-12-3123.56%
2019-12-3120.36%
2018-12-3119.12%
2017-12-3123.34%
2016-12-3122.51%
2015-12-3121.10%
2014-12-3122.25%
2013-12-3123.90%
2012-12-3123.56%
2011-12-3119.78%
2010-12-3119.28%
2009-12-3116.08%
2008-12-313.89%
2007-12-3114.83%
2006-12-3114.23%
2005-12-3114.75%
2004-12-3110.40%
2003-12-3113.59%
2002-12-3112.26%
2001-12-3115.40%
2000-12-3113.26%
1999-12-3120.05%
1998-12-3118.93%
1997-12-3112.20%
1996-12-3124.61%

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