WEC ENERGY GROUP, INC. financials

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WEC CIK 0000783325

Source: EDGAR filings · Built 2026-06-02T04:22:57Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow — — — -642.20M -348.10M -684.60M
EBITDA 3.72B 3.51B 3.17B 3.05B 2.79B 2.68B
Working Capital -2.31B -1.93B -2.32B -1.42B -1.10B -2.07B
Net Debt 22.36B 20.36B 18.80B 17.30B 15.61B 14.27B
Gross Margin 66.68% 69.12% 64.12% 54.58% 60.19% 67.97%
Operating Margin 22.91% 25.03% 21.46% 20.05% 20.62% 23.56%
Net Margin 15.87% 17.72% 14.97% 14.69% 15.61% 16.59%
Return on Equity (ROE) 11.07% 11.91% 11.03% 12.14% 11.68% 11.27%
Return on Assets (ROA) 3.02% 3.22% 3.03% 3.37% 3.33% 3.24%
Current Ratio 0.59× 0.60× 0.55× 0.69× 0.71× 0.50×
Debt-to-Equity 1.59× 1.59× 1.56× 1.49× 1.41× 1.34×
Effective Tax Rate 7.05% 12.71% 13.32% 18.64% 13.36% 15.94%
Cash Conversion Ratio 2.17× 2.11× 2.27× 1.46× 1.57× 1.83×
Accruals Ratio -0.04× -0.04× -0.04× -0.02× -0.02× -0.03×
SBC % of Revenue 0.49% 0.46% 0.11% 0.36% 0.19% 0.49%
CapEx Coverage — — — 0.76× 0.85× 0.76×
Free Cash Flow Per Share — — — $-2.03 $-1.10 $-2.16

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 21.93× 19.47× 19.95× 21.07× 23.62× 24.28×
EV / EBITDA 15.22× 14.32× 14.30× 15.38× 16.57× 16.14×
P/S 3.50× 3.47× 2.99× 3.08× 3.68× 4.01×
P/B 2.45× 2.34× 2.21× 2.55× 2.76× 2.73×

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenues 9.80B 8.60B 8.89B 9.60B 8.32B 7.24B
Cost of Goods and Services Sold 3.27B 2.66B 3.19B 4.36B 3.31B 2.32B
Operating Income (Loss) 2.24B 2.15B 1.91B 1.92B 1.71B 1.71B
Income Tax Expense (Benefit) 118.00M 222.00M 204.60M 322.90M 200.30M 227.90M
Earnings Per Share, Basic $4.84 $4.83 $4.22 $4.46 $4.12 $3.80
Weighted Average Number of Shares Outstanding, Basic 321.90M 316.20M 315.40M 315.40M 315.40M 315.40M
Earnings Per Share, Diluted $4.81 $4.83 $4.22 $4.45 $4.11 $3.79
Weighted Average Number of Shares Outstanding, Diluted 323.80M 316.50M 315.90M 316.10M 316.30M 316.50M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 27.60M 9.80M 42.90M 28.90M 16.30M 24.80M
Assets, Current 3.28B 2.91B 2.80B 3.19B 2.66B 2.08B
Assets 51.52B 47.36B 43.94B 41.87B 38.99B 37.03B
Long-term Debt 20.02B 18.91B 16.63B 15.46B 13.56B 12.45B
Liabilities, Current 5.59B 4.84B 5.11B 4.61B 3.75B 4.15B
Long-term Debt, Excluding Current Maturities 18.50B 17.18B 15.37B 14.66B 13.47B 11.67B
Common Stock, Shares, Outstanding 325.46M 317.68M 315.43M 315.43M 315.43M 315.43M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 3.38B 3.21B 3.02B 2.06B 2.03B 2.20B
Payments to Acquire Property, Plant, and Equipment — — — 2.70B 2.37B 2.87B
Net Cash Provided by (Used in) Investing Activities -4.87B -3.80B -3.56B -2.64B -2.31B -2.81B
Payments for Repurchase of Common Stock 1.30M 3.20M 16.60M 69.20M 33.10M 99.20M
Net Cash Provided by (Used in) Financing Activities 1.52B 467.70M 522.80M 676.40M 294.00M 601.10M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

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Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (WEC CIK 0000783325), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.

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