WEC Energy Group Inc. (WEC)

NYSE: WEC · Real-Time Price · USD

108.76

-0.76 (-0.69%)

At close: May 01, 2025, 3:59 PM

109.64

0.81%

Pre-market: May 02, 2025, 08:37 AM EDT

WEC Energy Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	2.28B	1.86B	1.77B	2.68B	2.22B	1.96B	1.83B	2.89B	2.56B	2B	2.13B	2.91B	2.2B	1.75B	1.68B	2.69B	1.93B	1.65B	1.55B	2.11B	1.95B	1.61B	1.59B	2.38B	2.08B	1.64B	1.67B	2.29B	2.06B	1.66B	1.63B	2.3B	1.96B	1.71B	1.6B	2.19B
Cost of Revenue	1.28B	1.09B	1.31B	1.74B	1.09B	1.1B	1.03B	1.84B	1.82B	1.26B	1.38B	1.84B	1.55B	1.03B	989.7M	1.75B	1.26B	981.5M	917.6M	1.19B	1.29B	1.01B	995.5M	1.56B	1.52B	1.08B	1.09B	1.48B	1.39B	1.01B	1.02B	1.44B	1.36B	1.07B	1.03B	1.37B
Gross Profit	1.01B	775.9M	460.1M	944.2M	1.13B	853.4M	801M	1.04B	742.7M	743.6M	743.9M	1.07B	655M	712.1M	686.5M	945.9M	671.2M	669.5M	631.1M	918.2M	653.1M	594.5M	594.7M	817.2M	555M	566.5M	587.1M	802.5M	664.2M	643.1M	609.9M	861.5M	603M	640.3M	571.7M	824.4M
Operating Income	590.9M	383.7M	392.6M	868.7M	520.3M	472M	425.3M	669.3M	380.4M	404.2M	408.2M	731.4M	326.8M	390M	368.8M	629.3M	370.5M	370.2M	338.8M	626.6M	363.1M	310.9M	314.6M	542.8M	289.8M	302.7M	330.8M	545.1M	412.1M	393.6M	362.2M	617.3M	361.7M	399M	332.1M	589.3M
Interest Income	10.6M	n/a	n/a	n/a	n/a	182.8M	172.8M	172.5M	150.5M	127.8M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pretax Income	514.2M	270.2M	251.6M	710.3M	240.1M	376M	338.5M	581.7M	311.2M	375.1M	351.2M	695.1M	244.3M	339.5M	329.8M	585.2M	276.8M	314M	295.9M	542.6M	277.7M	245.6M	251M	485.4M	218.7M	250.5M	282.4M	478.7M	357.6M	345.4M	315.2M	570.2M	306.1M	345.7M	295.3M	559.6M
Net Income	453.8M	240.4M	211.6M	622.6M	218.8M	316.3M	290M	507.8M	253M	302M	287.5M	565.9M	224.2M	290M	276M	510.1M	239M	266.8M	241.6M	452.5M	243.9M	234.3M	235.7M	420.1M	205M	233.2M	231M	390.1M	432.6M	215.4M	199.1M	356.6M	194.4M	217M	181.4M	346.2M
Selling & General & Admin	n/a	n/a	13.9M	14.7M	553.9M	22.8M	21.2M	23.9M	100K	31.5M	32.1M	33.7M	1M	23M	21.3M	23.3M	3.5M	9.8M	5.8M	16.4M	2.6M	9.6M	9.6M	8.3M	4.1M	5.8M	3.3M	5.7M	5.1M	1.4M	n/a	n/a	n/a	n/a	n/a	n/a
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	415.8M	392.2M	-67.5M	-75.5M	-57.7M	41.8M	48.3M	375.1M	362.3M	339.4M	335.7M	338.9M	35.5M	25.2M	39.7M	32.8M	19.6M	25.7M	28.6M	5.6M	25.9M	21.8M	23.6M	30.9M	5.3M	26.1M	31.4M	7.5M	19.4M	16.4M	13.1M	15.7M	8.2M	7.5M	32.4M	32.7M
Operating Expenses	415.8M	392.2M	67.5M	75.5M	611.6M	381.4M	375.7M	375.1M	362.3M	339.4M	335.7M	338.9M	328.2M	322.1M	317.7M	316.6M	300.7M	299.3M	292.3M	291.6M	290M	283.6M	280.1M	274.4M	265.2M	263.8M	256.3M	257.4M	252.1M	249.5M	247.7M	244.2M	241.3M	241.3M	239.6M	235.1M
Interest Expense	211.9M	204.2M	200.6M	192M	193.5M	182.5M	178.7M	172.2M	150.2M	127.5M	119.8M	117.6M	113.6M	118M	120M	119.5M	117.9M	122M	124.4M	129.4M	127.2M	125.8M	124.1M	124.4M	117.9M	112M	108.5M	106.7M	105.3M	103.8M	101.9M	104.7M	102.6M	99.1M	100.1M	100.9M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	1.69B	1.46B	1.38B	1.81B	1.7B	1.49B	1.4B	2.22B	2.18B	1.6B	1.72B	2.18B	1.88B	1.36B	1.31B	2.06B	1.56B	1.28B	1.21B	1.48B	1.58B	1.3B	1.28B	1.83B	1.79B	1.34B	1.34B	1.74B	1.64B	1.26B	1.27B	1.69B	1.6B	1.31B	1.27B	1.61B
Income Tax Expense	61.1M	31.6M	41.6M	87.7M	21.6M	60.4M	48.5M	74.1M	59M	73.4M	63.4M	127.1M	20.5M	50.8M	54.1M	74.9M	37.2M	46.9M	53.8M	90M	33.5M	11.3M	15.2M	65M	13.4M	17M	51.1M	88.3M	-75.3M	129.7M	115.8M	213.3M	111.4M	128.4M	113.6M	213.1M
Shares Outstanding (Basic)	317.1M	316.2M	315.9M	315.6M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.4M	315.5M	315.5M	315.5M	315.5M	315.5M	315.6M	315.6M	315.6M	315.6M	315.6M	315.6M	315.6M	315.7M
Shares Outstanding (Diluted)	317.5M	316.5M	316.2M	315.9M	315.8M	315.8M	315.9M	315.9M	315.9M	316.2M	316.2M	316.2M	316.2M	316.3M	316.3M	316.2M	316.5M	316.5M	316.5M	316.7M	316.7M	316.8M	316.7M	316.7M	316.9M	316.9M	316.9M	316.9M	317.2M	317.5M	317.4M	317.2M	316.7M	316.9M	317M	317.1M
EPS (Basic)	1.43	0.76	0.67	1.97	0.69	1.00	0.92	1.61	0.80	0.96	0.91	1.79	0.71	0.92	0.88	1.62	0.76	0.85	0.77	1.43	0.77	0.74	0.75	1.33	0.65	0.74	0.73	1.24	1.37	0.68	0.63	1.13	0.62	0.69	0.57	1.10
EPS (Diluted)	1.43	0.76	0.67	1.97	0.69	1.00	0.92	1.61	0.80	0.96	0.91	1.79	0.71	0.92	0.87	1.61	0.76	0.84	0.76	1.43	0.77	0.74	0.74	1.33	0.65	0.74	0.73	1.23	1.36	0.68	0.63	1.12	0.61	0.68	0.57	1.09
EBITDA	1.07B	814.9M	788.8M	1.24B	758.1M	878.8M	831.1M	1.06B	746.1M	782.9M	750.6M	1.09B	635.8M	729.1M	716M	966.1M	629M	681M	662.8M	911.1M	608M	605.2M	605M	836.2M	513.7M	575.3M	597.6M	794M	668M	650.4M	614.8M	869.5M	601.8M	594.5M	526.2M	781.2M
EBIT	726.1M	474.4M	452.2M	902.3M	433.6M	558.5M	517.2M	753.9M	461.4M	502.6M	471M	812.7M	357.9M	457.5M	449.8M	704.7M	394.7M	436M	420.3M	672M	404.9M	371.4M	375.1M	609.8M	336.6M	362.5M	390.9M	585.4M	462.9M	449.2M	362.2M	614.7M	408.7M	444.8M	395.4M	660.5M
Depreciation & Amortization	344M	340.5M	336.6M	333.4M	324.5M	320.3M	313.9M	305.5M	284.6M	280.3M	279.6M	278.1M	275.1M	271.6M	266.2M	261.4M	249.3M	245M	242.5M	239.1M	236.2M	233.8M	229.9M	226.4M	217.7M	212.8M	206.7M	208.6M	205.1M	201.2M	197.7M	194.6M	181.1M	195.5M	194.1M	191.9M