WEC Energy Group financials
$102.58+1.11%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.80B | $8.60B | $8.89B | $9.60B | $8.32B | $7.24B | $7.52B | $7.68B | $7.65B | $7.47B |
| Gross profit | $6.53B | $5.94B | $5.70B | $5.24B | $5.00B | $4.92B | $4.84B | $4.78B | $4.83B | $4.82B |
| Gross margin | 66.7% | 69.1% | 64.1% | 54.6% | 60.2% | 68.0% | 64.4% | 62.3% | 63.1% | 64.6% |
| Operating income | $2.24B | $2.15B | $1.91B | $1.92B | $1.71B | $1.71B | $1.53B | $1.47B | $1.78B | $1.70B |
| Net income | $1.56B | $1.53B | $1.33B | $1.41B | $1.30B | $1.20B | $1.13B | $1.06B | $1.20B | $939.0M |
| Net margin | 15.9% | 17.8% | 15.0% | 14.7% | 15.6% | 16.6% | 15.1% | 13.8% | 15.7% | 12.6% |
| Diluted EPS | $4.81 | $4.83 | $4.22 | $4.45 | $4.11 | $3.79 | $3.58 | $3.34 | $3.79 | $2.96 |
| EBITDA | $3.85B | $3.52B | $3.35B | $3.05B | $2.79B | $2.68B | $2.46B | $2.31B | $2.57B | $2.46B |
| Operating cash flow | $3.38B | $3.21B | $3.02B | $2.06B | $2.03B | $2.20B | $2.35B | $2.45B | $2.08B | $2.10B |
| Free cash flow | -$1.02B | $430.7M | $525.5M | -$254.2M | -$220.1M | -$42.8M | $84.7M | $329.8M | $119.1M | $680.1M |
| Diluted shares | 323.8M | 316.5M | 315.9M | 316.1M | 316.3M | 316.5M | 316.7M | 316.9M | 317.2M | 316.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $27.6M | $9.8M | $42.9M | $28.9M | $16.3M | $24.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $22.31B | $20.33B | $18.80B | $17.29B | $15.59B | $14.29B |
| Total assets | $51.52B | $47.36B | $43.94B | $41.87B | $38.99B | $37.03B |
| Total liabilities | $37.47B | $34.56B | $31.87B | $30.26B | $27.88B | $26.37B |
| Shareholders' equity | $14.05B | $12.43B | $11.75B | $11.41B | $10.94B | $10.50B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology