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	8.6B	8.53B	8.63B	8.69B	8.89B	9.23B	9.28B	9.58B	9.6B	9.24B	8.98B	8.53B	8.32B	8.05B	7.95B	7.82B	7.24B	7.26B	7.21B	7.25B	7.52B	7.65B	7.69B	7.77B	7.68B	7.66B	7.67B	7.63B	7.65B	7.56B	7.61B	7.58B	7.47B	7.36B	7.34B	6.73B
Cost of Revenue	5.41B	5.22B	5.24B	4.95B	5.06B	5.79B	5.95B	6.3B	6.3B	6.03B	5.8B	5.41B	5.32B	5.03B	4.98B	4.91B	4.35B	4.38B	4.42B	4.49B	4.86B	5.09B	5.15B	5.24B	5.17B	5.04B	4.97B	4.91B	4.87B	4.84B	4.9B	4.91B	4.83B	4.71B	4.77B	4.43B
Gross Profit	3.19B	3.31B	3.39B	3.73B	3.83B	3.44B	3.33B	3.27B	3.3B	3.21B	3.18B	3.12B	3B	3.02B	2.97B	2.92B	2.89B	2.87B	2.8B	2.76B	2.66B	2.56B	2.53B	2.53B	2.51B	2.62B	2.7B	2.72B	2.78B	2.72B	2.71B	2.68B	2.64B	2.65B	2.58B	2.31B
Operating Income	2.24B	2.17B	2.25B	2.29B	2.09B	1.95B	1.88B	1.86B	1.92B	1.87B	1.86B	1.82B	1.71B	1.76B	1.74B	1.71B	1.71B	1.7B	1.64B	1.62B	1.53B	1.46B	1.45B	1.47B	1.47B	1.59B	1.68B	1.71B	1.79B	1.73B	1.74B	1.71B	1.68B	1.7B	1.65B	1.48B
Interest Income	10.6M	n/a	182.8M	355.6M	528.1M	678.6M	623.6M	450.8M	278.3M	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	1.75B	1.47B	1.58B	1.66B	1.54B	1.61B	1.61B	1.62B	1.73B	1.67B	1.63B	1.61B	1.5B	1.53B	1.51B	1.47B	1.43B	1.43B	1.36B	1.32B	1.26B	1.2B	1.21B	1.24B	1.23B	1.37B	1.46B	1.5B	1.59B	1.54B	1.54B	1.52B	1.51B	1.52B	1.47B	1.31B
Net Income	1.53B	1.29B	1.37B	1.45B	1.33B	1.37B	1.35B	1.35B	1.41B	1.38B	1.37B	1.36B	1.3B	1.32B	1.29B	1.26B	1.2B	1.2B	1.17B	1.17B	1.13B	1.1B	1.09B	1.09B	1.06B	1.29B	1.27B	1.24B	1.2B	965.5M	967.1M	949.4M	939M	925.7M	891.2M	790.7M
Selling & General & Admin	28.6M	582.5M	605.3M	612.6M	621.8M	68M	76.7M	87.6M	97.4M	98.3M	89.8M	79M	68.6M	71.1M	57.9M	42.4M	35.5M	34.6M	34.4M	38.2M	30.1M	31.6M	27.8M	21.5M	18.9M	19.9M	15.5M	12.2M	6.5M	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	665M	191.5M	-158.9M	-43.1M	407.5M	827.5M	1.13B	1.41B	1.38B	1.05B	735.3M	439.3M	133.2M	117.3M	117.8M	106.7M	79.5M	85.8M	81.9M	76.9M	102.2M	81.6M	85.9M	93.7M	70.3M	84.4M	74.7M	56.4M	64.6M	53.4M	44.5M	63.8M	80.8M	91.3M	94.9M	88.6M
Operating Expenses	951M	1.15B	1.14B	1.44B	1.74B	1.49B	1.45B	1.41B	1.38B	1.34B	1.32B	1.31B	1.28B	1.26B	1.23B	1.21B	1.18B	1.17B	1.16B	1.15B	1.13B	1.1B	1.08B	1.06B	1.04B	1.03B	1.02B	1.01B	993.5M	982.7M	974.5M	966.4M	957.3M	945.8M	931M	826.8M
Interest Expense	808.7M	790.3M	768.6M	746.7M	726.9M	683.6M	628.6M	569.7M	515.1M	478.5M	469M	469.2M	471.1M	475.4M	479.4M	483.8M	493.7M	503M	506.8M	506.5M	501.5M	492.2M	478.4M	462.8M	445.1M	432.5M	424.3M	417.7M	415.7M	413M	408.3M	406.5M	402.7M	407.1M	411.8M	373.8M
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	6.34B	6.35B	6.37B	6.4B	6.81B	7.29B	7.4B	7.72B	7.67B	7.37B	7.13B	6.72B	6.6B	6.29B	6.21B	6.12B	5.54B	5.56B	5.57B	5.64B	5.99B	6.19B	6.24B	6.3B	6.21B	6.07B	5.99B	5.92B	5.86B	5.82B	5.87B	5.87B	5.79B	5.66B	5.7B	5.25B
Income Tax Expense	222M	182.5M	211.3M	218.2M	204.6M	242M	255M	269.9M	322.9M	284.4M	261.8M	252.5M	200.3M	217M	213.1M	212.8M	227.9M	224.2M	188.6M	150M	125M	104.9M	110.6M	146.5M	169.8M	81.1M	193.8M	258.5M	383.5M	570.2M	568.9M	566.7M	566.5M	592.8M	574.9M	524.5M
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)	4.83	4.09	4.33	4.58	4.22	4.33	4.29	4.28	4.46	4.37	4.33	4.30	4.13	4.18	4.11	4.00	3.81	3.82	3.71	3.69	3.59	3.47	3.47	3.45	3.36	4.08	4.02	3.92	3.81	3.06	3.07	3.01	2.98	2.93	2.82	2.61
EPS (Diluted)	4.83	4.09	4.33	4.58	4.22	4.33	4.29	4.28	4.46	4.37	4.33	4.29	4.11	4.16	4.08	3.97	3.79	3.80	3.70	3.68	3.58	3.46	3.46	3.45	3.35	4.06	4.00	3.90	3.79	3.04	3.04	2.98	2.95	2.91	2.81	2.59
EBITDA	3.91B	3.6B	3.66B	3.7B	3.53B	3.52B	3.42B	3.34B	3.37B	3.26B	3.21B	3.17B	3.05B	3.04B	2.99B	2.94B	2.88B	2.86B	2.79B	2.73B	2.65B	2.56B	2.53B	2.52B	2.48B	2.63B	2.71B	2.73B	2.8B	2.74B	2.68B	2.59B	2.5B	2.39B	2.37B	2.19B
EBIT	2.56B	2.26B	2.35B	2.41B	2.26B	2.29B	2.24B	2.19B	2.25B	2.14B	2.1B	2.08B	1.97B	2.01B	1.99B	1.96B	1.92B	1.93B	1.87B	1.82B	1.76B	1.69B	1.68B	1.7B	1.68B	1.8B	1.89B	1.86B	1.89B	1.83B	1.83B	1.86B	1.91B	1.93B	1.88B	1.69B
Depreciation & Amortization	1.35B	1.33B	1.31B	1.29B	1.26B	1.22B	1.18B	1.15B	1.12B	1.11B	1.1B	1.09B	1.07B	1.05B	1.02B	998.2M	975.9M	962.8M	951.6M	939M	926.3M	907.8M	886.8M	863.6M	845.8M	833.2M	821.6M	812.6M	798.6M	774.6M	768.9M	765.3M	762.6M	774.1M	752.7M	667.2M