What is WEC Energy Group, Inc.'s earnings per share (EPS)?

WEC Energy Group, Inc. (WEC) reported diluted earnings per share of $4.81 for fiscal year 2025. This represents a -0.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

WEC Energy Group, Inc. (WEC) Financials

WEC

Trailing 12 months to June 30, 2026

Revenue $10.1B +8.9% YoY

Net Income $1.7B +2.0% YoY

EPS (Diluted) $4.81 FY2025 annual

Operating Cash Flow $3.6B +7.4% YoY

Market Cap $33.0B as of Oct 6, 2026

Price / Sales 3.3x on $10.1B revenue, trailing 12 months to June 30, 2026

Price / Earnings 19.5x on $1.7B net income, trailing 12 months to June 30, 2026

Price / Book 2.3x on $14.6B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 4, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WEC SEC filings page.

WEC Energy Group, Inc. (WEC) reported $10.1B in revenue over the twelve months to Jun 30, 2026, up 8.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WEC FY2025 2026-10-03

The business has cash conversion, but asset growth and debt financing make expansion increasingly capital-intensive.

FY2025 operating cash flow reached $3.4B, more than twice net income of $1.6B. With depreciation and amortization at $1.5B, the gap points to an asset-heavy model in which accounting profit is reduced by non-cash charges even as operations generate cash.

Total assets rose from $39.0B in FY2021 to $51.5B in FY2025, so growth has required a materially larger balance sheet rather than merely more sales. The FY2025 current ratio was 0.6x and debt-to-equity was 1.3x, showing reliance on both short-term obligations and borrowing.

Net margin fell from 17.7% in FY2024 to 15.9% in FY2025, so the latest earnings growth was not proportional to the revenue rebound. Interest expense reached $895M as operating margin slipped to 22.9%, a visible constraint on profit pass-through.

Financial Health Signals

Financial Health Score 42/100

Scored as: Utilities peer group

Scored against utilities for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of WEC Energy Group, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

WEC Energy Group, Inc. has an operating margin of 22.9%, meaning the company retains $23 of operating profit per $100 of revenue. This strong profitability earns a score of 74/100, reflecting efficient cost management and pricing power. This is down from 25.0% the prior year.

Growth

WEC Energy Group, Inc.'s revenue grew 14.0% year-over-year to $9.8B, a solid pace of expansion. This earns a growth score of 52/100.

Leverage

WEC Energy Group, Inc. has a moderate D/E ratio of 1.32. This balance of debt and equity financing earns a leverage score of 32/100.

Liquidity

WEC Energy Group, Inc.'s current ratio of 0.59 is below the typical benchmark, resulting in a score of 22/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Not available for WEC Energy Group, Inc., and counted as zero in the overall score.

Returns

WEC Energy Group, Inc. earns a strong 11.1% return on equity (ROE), meaning it generates $11 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 73/100. This is down from 11.9% the prior year.

Altman Z-Score Distress

1.04

WEC Energy Group, Inc. scores 1.04, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($33.0B) relative to total liabilities ($37.5B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

5/9

WEC Energy Group, Inc. passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

2.17x

For every $1 of reported earnings, WEC Energy Group, Inc. generates $2.17 in operating cash flow ($3.4B OCF vs $1.6B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.51x

WEC Energy Group, Inc. earns $2.51 in operating income for every $1 of interest expense ($2.2B vs $895.1M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.1B

YoY+2.6%

QoQ-40.0%

5Y CAGR+4.2%

10Y CAGR+2.6%

WEC Energy Group, Inc. generated $2.1B in revenue in Q2 2026. This represents an increase of 2.6% from the same quarter a year earlier. Against the prior quarter it is down 40.0%.

EBITDA

$817.7M

YoY+5.7%

QoQ-39.9%

5Y CAGR+5.2%

10Y CAGR+4.6%

WEC Energy Group, Inc.'s EBITDA was $817.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.7% from the same quarter a year earlier. Against the prior quarter it is down 39.9%.

Net Income

$301.0M

YoY+23.9%

QoQ-62.7%

5Y CAGR+1.8%

10Y CAGR+5.2%

WEC Energy Group, Inc. reported $301.0M in net income in Q2 2026. This represents an increase of 23.9% from the same quarter a year earlier. Against the prior quarter it is down 62.7%.

EPS (Diluted)

$0.91

YoY+19.7%

QoQ-62.9%

WEC Energy Group, Inc. earned $0.91 per diluted share (EPS) in Q2 2026. This represents an increase of 19.7% from the same quarter a year earlier. Against the prior quarter it is down 62.9%.

Cash & Balance Sheet

Free Cash Flow

-$269.7M

YoY-1228.5%

QoQ-167.3%

WEC Energy Group, Inc. recorded an outflow of $269.7M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 1228.5% from the same quarter a year earlier. Against the prior quarter it is down 167.3%.

Cash & Debt

$50.0M

YoY+117.4%

QoQ+9.6%

5Y CAGR+7.4%

10Y CAGR+4.5%

WEC Energy Group, Inc. held $50.0M in cash against $19.2B in long-term debt as of Q2 2026.

Dividends Per Share

$0.95

YoY+6.7%

QoQ0.0%

WEC Energy Group, Inc. paid $0.95 per share in dividends in Q2 2026. This represents an increase of 6.7% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

326M

YoY+1.2%

QoQ0.0%

5Y CAGR+0.7%

10Y CAGR+0.3%

WEC Energy Group, Inc. had 326M shares outstanding in Q2 2026. This represents an increase of 1.2% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Gross Margin

73.1%

YoY+1.5pp

QoQ+13.6pp

5Y change+4.4pp

WEC Energy Group, Inc.'s gross margin was 73.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 13.6 percentage points.

Operating Margin

21.0%

YoY+0.8pp

QoQ-7.5pp

5Y change-1.0pp

10Y change+0.3pp

WEC Energy Group, Inc.'s operating margin was 21.0% in Q2 2026, reflecting core business profitability. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.5 percentage points.

Net Margin

14.6%

YoY+2.5pp

QoQ-8.9pp

5Y change-1.9pp

10Y change+3.3pp

WEC Energy Group, Inc.'s net profit margin was 14.6% in Q2 2026, showing the share of revenue converted to profit. This is up 2.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 8.9 percentage points.

Return on Equity

2.1%

YoY+0.3pp

QoQ-3.5pp

5Y change-0.4pp

WEC Energy Group, Inc.'s ROE was 2.1% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.5 percentage points.

Capital Allocation

Capital Expenditures

$1.3B

YoY+52.2%

QoQ+54.3%

WEC Energy Group, Inc. invested $1.3B in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 52.2% from the same quarter a year earlier. Against the prior quarter it is up 54.3%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

WEC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WEC quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$10.1B	$9.8B+14.0%	$8.6B-3.3%	$8.9B-7.3%	$9.6B+15.4%	$8.3B+14.8%	$7.2B-3.7%	$7.5B-2.0%	$7.7B+0.4%	$7.6B+2.4%	$7.5B+26.1%	$5.9B+18.6%	$5.0B+10.6%	$4.5B+6.4%	$4.2B-5.3%	$4.5B
Cost of Revenue	$3.5B	$3.3B+23.0%	$2.7B-16.8%	$3.2B-26.8%	$4.4B+31.6%	$3.3B+42.7%	$2.3B-13.4%	$2.7B-7.6%	$2.9B+2.7%	$2.8B+6.6%	$2.6B+18.2%	$2.2B-0.9%	$2.3B+23.7%	$1.8B	N/A	N/A
Gross Profit	$6.7B	$6.5B+9.9%	$5.9B+4.2%	$5.7B+8.8%	$5.2B+4.7%	$5.0B+1.7%	$4.9B+1.6%	$4.8B+1.3%	$4.8B-0.9%	$4.8B0.0%	$4.8B+30.9%	$3.7B+34.6%	$2.7B+1.7%	$2.7B	N/A	N/A
Operating Income	$2.3B	$2.2B+4.3%	$2.2B+12.8%	$1.9B-0.8%	$1.9B+12.2%	$1.7B+0.5%	$1.7B+11.4%	$1.5B+4.3%	$1.5B-17.3%	$1.8B+4.7%	$1.7B+35.6%	$1.3B+12.4%	$1.1B+3.0%	$1.1B+8.0%	$1.0B+12.7%	$887.3M
EBITDA	N/A	$3.7B+6.2%	$3.5B+10.6%	$3.2B+4.1%	$3.0B+9.2%	$2.8B+4.0%	$2.7B+9.1%	$2.5B+6.2%	$2.3B-10.1%	$2.6B+4.7%	$2.5B+35.7%	$1.8B+20.5%	$1.5B+5.9%	$1.4B+4.1%	$1.4B+12.1%	$1.2B
Interest Expense	$908.7M	$895.1M+9.8%	$815.3M+12.2%	$726.9M+41.1%	$515.1M+9.3%	$471.1M-4.6%	$493.7M-1.6%	$501.5M+12.7%	$445.1M+7.1%	$415.7M+3.2%	$402.7M+21.5%	$331.4M+37.9%	$240.3M-4.2%	$250.9M+1.1%	$248.2M+5.3%	$235.8M
Income Tax	$117.9M	$118.0M-46.8%	$222.0M+8.5%	$204.6M-36.6%	$322.9M+61.2%	$200.3M-12.1%	$227.9M+82.3%	$125.0M-26.4%	$169.8M-55.7%	$383.5M-32.3%	$566.5M+30.6%	$433.8M+19.9%	$361.7M+7.0%	$337.9M+10.3%	$306.3M+16.1%	$263.9M
Net Income	$1.7B	$1.6B+2.0%	$1.5B+14.5%	$1.3B-5.5%	$1.4B+8.6%	$1.3B+8.1%	$1.2B+5.9%	$1.1B+7.0%	$1.1B-12.0%	$1.2B+28.3%	$939.0M+46.7%	$640.3M+8.6%	$589.5M+1.9%	$578.6M+5.9%	$546.3M+3.8%	$526.2M
EPS (Basic)	N/A	$4.84+0.2%	$4.83+14.5%	$4.22-5.4%	$4.46+8.3%	$4.12+8.4%	$3.80+5.6%	$3.60+7.1%	$3.36-11.8%	$3.81+27.9%	$2.98+26.3%	$2.36-9.6%	$2.61+2.8%	$2.54+7.2%	$2.37+4.9%	$2.26
EPS (Diluted)	—	$4.81-0.4%	$4.83+14.5%	$4.22-5.2%	$4.45+8.3%	$4.11+8.4%	$3.79+5.9%	$3.58+7.2%	$3.34-11.9%	$3.79+28.0%	$2.96+26.5%	$2.34-9.7%	$2.59+3.2%	$2.51+6.8%	$2.35+4.9%	$2.24
Diluted Shares (Avg)	N/A	324M+2.3%	317M+0.2%	316M-0.1%	316M-0.1%	316M-0.1%	317M-0.1%	317M-0.1%	317M-0.1%	317M+0.1%	317M+16.2%	273M+19.9%	228M-1.0%	230M-1.3%	233M-1.1%	235M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$2.1B+2.6%	$3.4B+9.0%	$2.5B+11.1%	$2.1B+12.9%	$2.0B+13.4%	$3.1B+17.5%	$2.3B+3.0%	$1.9B-4.8%
Cost of Revenue	$555.6M-2.6%	$1.4B+19.3%	$921.5M+24.8%	$608.1M+16.8%	$570.5M+21.5%	$1.2B+25.7%	$738.4M-3.0%	$520.8M-11.3%
Gross Profit	$1.5B+4.7%	$2.0B+3.0%	$1.6B+4.5%	$1.5B+11.4%	$1.4B+10.5%	$2.0B+13.2%	$1.5B+6.1%	$1.3B-2.0%
Operating Income	$432.8M+6.9%	$980.0M+4.5%	$452.9M-23.4%	$449.6M+17.2%	$404.9M+11.0%	$937.5M+15.3%	$590.9M+73.1%	$383.7M-18.7%
EBITDA	$817.7M+5.7%	$1.4B+4.8%	$829.2M-11.3%	$823.0M+13.6%	$773.8M+10.3%	$1.3B+13.1%	$934.9M+40.4%	$724.2M-8.6%
Interest Expense	$228.9M+3.7%	$228.5M+2.5%	$227.7M+4.2%	$223.6M+9.5%	$220.8M+10.1%	$223.0M+16.1%	$218.5M+12.9%	$204.2M+11.9%
Income Tax	$27.0M+38.5%	$53.1M-12.5%	$3.4M-94.4%	$34.4M+8.9%	$19.5M-53.1%	$60.7M-30.8%	$61.1M+182.9%	$31.6M-47.7%
Net Income	$301.0M+23.9%	$806.1M+11.1%	$316.8M-30.1%	$270.2M+13.2%	$243.0M+15.7%	$725.5M+16.5%	$453.1M+107.4%	$238.6M-24.4%
EPS (Basic)	$0.92+19.5%	$2.47+8.3%	N/A	$0.84+10.5%	$0.77+14.9%	$2.28+15.7%	N/A	$0.76-24.0%
EPS (Diluted)	$0.91+19.7%	$2.45+7.9%	N/A	$0.83+9.2%	$0.76+13.4%	$2.27+15.2%	N/A	$0.76-24.0%
Diluted Shares (Avg)	329M+2.1%	328M+2.8%	N/A	326M+2.9%	322M+1.9%	319M+1.1%	N/A	317M+0.2%

Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.

WEC Balance Sheet

WEC quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$51.5B+8.8%	$47.4B+7.8%	$43.9B+4.9%	$41.9B+7.4%	$39.0B+5.3%	$37.0B+5.9%	$35.0B+4.4%	$33.5B+6.0%	$31.6B+4.9%	$30.1B+2.6%	$29.4B+96.9%	$14.9B+3.2%	$14.4B+1.1%	$14.3B+3.1%	$13.9B
Current Assets	$3.3B+12.8%	$2.9B+4.1%	$2.8B-12.3%	$3.2B+20.0%	$2.7B+27.5%	$2.1B-0.5%	$2.1B-6.9%	$2.2B+1.5%	$2.2B+2.1%	$2.2B-1.7%	$2.2B+70.7%	$1.3B-16.7%	$1.6B+21.9%	$1.3B-10.8%	$1.4B
Cash & Equivalents	$27.6M+181.6%	$9.8M-77.2%	$42.9M+48.4%	$28.9M+77.3%	$16.3M-34.3%	$24.8M-33.9%	$37.5M-55.6%	$84.5M+117.2%	$38.9M+3.7%	$37.5M-24.7%	$49.8M-19.5%	$61.9M+138.1%	$26.0M-27.0%	$35.6M+152.5%	$14.1M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$2.1B+23.6%	$1.7B+11.0%	$1.5B-17.3%	$1.8B+20.8%	$1.5B+25.2%	$1.2B+2.2%	$1.2B-8.2%	$1.3B-5.2%	$1.4B+8.8%	$1.2B+20.7%	$1.0B+59.9%	$643.4M+58.5%	$406.0M+42.3%	$285.3M-18.3%	$349.4M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$85.8M+161.6%	$32.8M-9.1%	$36.1M+1.7%	$35.5M-18.6%	$43.6M
Goodwill	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B+0.2%	$3.0B+0.8%	$3.0B+584.2%	$441.9M0.0%	$441.9M0.0%	$441.9M0.0%	$441.9M
Total Liabilities	$37.5B+8.4%	$34.6B+8.5%	$31.9B+5.3%	$30.3B+8.5%	$27.9B+5.7%	$26.4B+6.8%	$24.7B+4.5%	$23.6B+6.9%	$22.1B+4.4%	$21.2B+2.4%	$20.7B+97.7%	$10.5B+2.7%	$10.2B+0.6%	$10.1B+2.2%	$9.9B
Current Liabilities	$5.6B+15.5%	$4.8B-5.3%	$5.1B+10.9%	$4.6B+22.9%	$3.8B-9.5%	$4.1B+30.3%	$3.2B-4.5%	$3.3B-13.9%	$3.9B+59.1%	$2.4B-10.2%	$2.7B+62.3%	$1.7B+11.5%	$1.5B+3.8%	$1.4B+5.6%	$1.4B
Non-Current Liabilities	$31.9B+7.2%	$29.7B+11.1%	$26.8B+4.3%	$25.6B+6.3%	$24.1B+8.6%	$22.2B+3.3%	$21.5B+6.0%	$20.3B+11.4%	$18.2B-2.7%	$18.7B+4.3%	$18.0B+104.4%	$8.8B+1.2%	$8.7B+0.1%	$8.7B+1.7%	$8.5B
Long-Term Debt	$18.5B+7.7%	$17.2B+11.8%	$15.4B+4.9%	$14.7B+8.8%	$13.5B+15.4%	$11.7B+4.5%	$11.2B+12.0%	$10.0B+14.1%	$8.7B-4.5%	$9.2B+0.4%	$9.1B+118.8%	$4.2B-4.4%	$4.4B-2.0%	$4.5B-3.5%	$4.6B
Total Equity	$14.1B+9.8%	$12.8B+6.1%	$12.1B+3.9%	$11.6B+4.5%	$11.1B+4.2%	$10.7B+4.0%	$10.3B+4.2%	$9.8B+3.7%	$9.5B+5.9%	$9.0B+3.2%	$8.7B+95.2%	$4.5B+4.4%	$4.3B+2.4%	$4.2B+5.1%	$4.0B
Retained Earnings	$8.5B+5.1%	$8.1B+6.2%	$7.6B+4.8%	$7.3B+7.2%	$6.8B+7.0%	$6.3B+6.8%	$5.9B+7.0%	$5.5B+7.0%	$5.2B+12.2%	$4.6B+7.3%	$4.3B+4.4%	$4.1B	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$52.8B+8.7%	$51.7B+7.3%	$51.5B+8.8%	$49.8B+10.2%	$48.5B+8.8%	$48.2B+9.8%	$47.4B+7.8%	$45.2B+4.0%
Current Assets	$2.8B+7.0%	$3.0B+1.3%	$3.3B+12.8%	$2.5B-4.0%	$2.6B+0.6%	$2.9B+13.0%	$2.9B+4.1%	$2.6B+7.2%
Cash & Equivalents	$50.0M+117.4%	$45.6M-44.5%	$27.6M+181.6%	$51.1M-84.2%	$23.0M-89.7%	$82.2M+111.3%	$9.8M-77.2%	$322.5M+602.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$1.5B+2.2%	$1.9B+5.6%	$2.1B+23.6%	$1.3B+8.0%	$1.5B+20.4%	$1.8B+16.4%	$1.7B+11.0%	$1.2B-5.4%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%
Total Liabilities	$38.2B+9.5%	$37.2B+6.8%	$37.5B+8.4%	$35.8B+9.1%	$34.9B+8.3%	$34.8B+10.5%	$34.6B+8.5%	$32.8B+4.7%
Current Liabilities	$5.2B+10.9%	$4.4B-25.1%	$5.6B+15.5%	$5.1B+26.0%	$4.7B+34.5%	$5.9B+24.5%	$4.8B-5.3%	$4.0B-1.6%
Non-Current Liabilities	$33.0B+9.3%	$32.8B+13.2%	$31.9B+7.2%	$30.7B+6.8%	$30.2B+5.1%	$28.9B+8.0%	$29.7B+11.1%	$28.8B+5.6%
Long-Term Debt	$19.2B+12.3%	$19.4B+19.9%	$18.5B+7.7%	$17.7B+4.6%	$17.1B+1.2%	$16.2B+5.1%	$17.2B+11.8%	$16.9B+5.8%
Total Equity	$14.6B+6.6%	$14.6B+8.5%	$14.1B+9.8%	$14.0B+13.1%	$13.7B+10.3%	$13.4B+8.1%	$12.8B+6.1%	$12.4B+2.4%
Retained Earnings	$9.0B+5.8%	$9.0B+5.4%	$8.5B+5.1%	$8.5B+7.2%	$8.5B+7.1%	$8.5B+6.9%	$8.1B+6.2%	$7.9B+3.3%

Not reported in any period shown, so not listed: Inventory.

WEC Cash Flow Statement

WEC quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$3.6B	$3.4B+5.2%	$3.2B+6.4%	$3.0B+46.5%	$2.1B+1.4%	$2.0B-7.4%	$2.2B-6.4%	$2.3B-4.1%	$2.4B+17.7%	$2.1B-1.2%	$2.1B+62.4%	$1.3B+8.1%	$1.2B-2.7%	$1.2B+4.9%	$1.2B+18.2%	$993.4M
Depreciation & Amortization	N/A	$1.5B+9.2%	$1.4B+7.1%	$1.3B+12.6%	$1.1B+4.5%	$1.1B+10.1%	$975.9M+5.4%	$926.3M+9.5%	$845.8M+5.9%	$798.6M+4.7%	$762.6M+35.7%	$561.8M+43.5%	$391.4M+15.1%	$340.1M-6.6%	$364.2M+10.3%	$330.2M
Stock-Based Compensation	N/A	$48.2M+22.6%	$39.3M+305.2%	$9.7M-72.1%	$34.8M+121.7%	$15.7M-56.0%	$35.7M-28.9%	$50.2M+39.1%	$36.1M+24.5%	$29.0M+61.1%	$18.0M-22.7%	$23.3M+6.4%	$21.9M+15.3%	$19.0M-13.6%	$22.0M-22.8%	$28.5M
Capital Expenditures	N/A	N/A	N/A	N/A	$2.7B+13.7%	$2.4B-17.5%	$2.9B+13.7%	$2.5B+4.6%	$2.4B+23.4%	$2.0B+37.6%	$1.4B+12.4%	$1.3B+66.3%	$761.2M+5.0%	$725.2M+2.6%	$707.0M-14.9%	$830.8M
Free Cash Flow	N/A	N/A	N/A	N/A	-$636.2M-87.1%	-$340.0M+49.9%	-$678.3M-269.6%	-$183.5M-746.1%	$28.4M-76.2%	$119.1M-82.5%	$680.1M+2253.3%	$28.9M-93.4%	$436.5M-13.7%	$505.8M+8.3%	$466.9M+187.1%	$162.6M
Investing Cash Flow	-$5.1B	-$4.9B-28.2%	-$3.8B-6.9%	-$3.6B-34.7%	-$2.6B-14.3%	-$2.3B+17.6%	-$2.8B-12.5%	-$2.5B-4.6%	-$2.4B-5.8%	-$2.3B-66.5%	-$1.4B+44.1%	-$2.4B-220.1%	-$756.8M-1.5%	-$745.8M-2.2%	-$729.6M+18.3%	-$892.5M
Financing Cash Flow	$1.6B	$1.5B+225.8%	$467.7M-10.5%	$522.8M-22.7%	$676.4M+130.1%	$294.0M-51.1%	$601.1M+602.2%	$85.6M+224.2%	$26.4M-83.6%	$161.4M+119.1%	-$845.7M-168.5%	$1.2B+404.8%	-$405.0M+18.1%	-$494.8M-17.0%	-$422.8M-279.9%	-$111.3M
Dividends Paid	$1.2B	$1.1B+8.7%	$1.1B+7.3%	$984.2M+7.2%	$917.9M+7.4%	$854.8M+7.1%	$798.0M+7.2%	$744.5M+6.8%	$697.3M+6.2%	$656.5M+5.1%	$624.9M+37.2%	$455.4M+29.4%	$352.0M+7.0%	$328.9M+19.0%	$276.3M+14.2%	$242.0M
Share Buybacks	N/A	$1.3M-59.4%	$3.2M-80.7%	$16.6M-76.0%	$69.2M+109.1%	$33.1M-66.6%	$99.2M-29.2%	$140.1M+93.5%	$72.4M+1.5%	$71.3M-34.0%	$108.0M+44.6%	$74.7M-39.4%	$123.2M-44.9%	$223.4M+45.8%	$153.2M-21.0%	$193.9M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$992.3M+16.3%	$1.2B+4.8%	$424.6M-27.0%	$938.9M+28.8%	$853.3M-17.7%	$1.2B+34.6%	$581.8M+21.2%	$729.0M-7.0%
Depreciation & Amortization	$384.9M+4.3%	$379.8M+5.5%	$376.3M+9.4%	$373.4M+9.7%	$368.9M+9.6%	$359.9M+7.9%	$344.0M+6.0%	$340.5M+6.3%
Capital Expenditures	$1.3B+52.2%	$817.9M+16.7%	N/A	$1.6B+96.5%	$829.4M+19.5%	$701.1M+57.7%	N/A	$796.3M+21.4%
Free Cash Flow	-$269.7M-1228.5%	$400.5M-13.2%	N/A	-$625.7M-829.7%	$23.9M-93.0%	$461.5M+10.1%	N/A	-$67.3M-152.5%
Investing Cash Flow	-$1.3B-50.9%	-$886.4M+19.5%	-$1.3B+25.4%	-$1.6B-99.1%	-$871.0M-6.9%	-$1.1B-152.6%	-$1.7B-122.4%	-$802.4M-19.7%
Financing Cash Flow	$310.4M+649.4%	-$295.6M-831.7%	$832.8M-1.9%	$707.3M+437.9%	-$56.5M-56.9%	$40.4M+108.5%	$848.7M+156.9%	$131.5M+216.9%
Dividends Paid	$310.2M+8.8%	$310.1M+9.3%	$290.4M+9.6%	$288.7M+9.4%	$285.1M+8.1%	$283.6M+7.6%	$265.0M+7.7%	$264.0M+7.3%
Share Buybacks	N/A	N/A	$0	$0	$0-100.0%	$1.3M-35.0%	$0-100.0%	$0-100.0%

Not reported in any period shown, so not listed: Stock-Based Compensation.

WEC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

WEC quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	66.7%-2.4pp	69.1%+5.0pp	64.1%+9.5pp	54.6%-5.6pp	60.2%-7.8pp	68.0%+3.6pp	64.4%+2.1pp	62.3%-0.8pp	63.1%-1.5pp	64.6%+2.4pp	62.2%+7.4pp	54.8%-4.8pp	59.6%	N/A	N/A
Operating Margin	22.9%-2.1pp	25.0%+3.6pp	21.5%+1.4pp	20.1%-0.6pp	20.6%-2.9pp	23.6%+3.2pp	20.4%+1.2pp	19.1%-4.1pp	23.2%+0.5pp	22.7%+1.6pp	21.1%-1.2pp	22.3%-1.6pp	23.9%+0.3pp	23.6%+3.8pp	19.8%
Net Margin	15.9%-1.8pp	17.7%+2.7pp	15.0%+0.3pp	14.7%-0.9pp	15.6%-1.0pp	16.6%+1.5pp	15.1%+1.3pp	13.8%-1.9pp	15.8%+3.2pp	12.6%+1.8pp	10.8%-1.0pp	11.8%-1.0pp	12.8%-0.1pp	12.9%+1.1pp	11.7%
Return on Equity	11.1%-0.8pp	11.9%+0.9pp	11.0%-1.1pp	12.1%+0.5pp	11.7%+0.4pp	11.3%+0.2pp	11.1%+0.3pp	10.8%-1.9pp	12.7%+2.2pp	10.5%+3.1pp	7.4%-5.9pp	13.3%-0.3pp	13.6%+0.5pp	13.1%-0.2pp	13.3%
Return on Assets	3.0%-0.2pp	3.2%+0.2pp	3.0%-0.3pp	3.4%0.0pp	3.3%+0.1pp	3.2%0.0pp	3.3%+0.1pp	3.2%-0.6pp	3.8%+0.7pp	3.1%+0.9pp	2.2%-1.8pp	4.0%0.0pp	4.0%+0.2pp	3.8%0.0pp	3.8%
Current Ratio	0.590.0x	0.60+0.1x	0.55-0.1x	0.690.0x	0.71+0.2x	0.50-0.2x	0.660.0x	0.67+0.1x	0.57-0.3x	0.89+0.1x	0.810.0x	0.77-0.3x	1.04+0.2x	0.88-0.2x	1.05
Debt-to-Equity	1.320.0x	1.34+0.1x	1.270.0x	1.260.0x	1.21+0.1x	1.090.0x	1.09+0.1x	1.01+0.1x	0.92-0.1x	1.020.0x	1.05+0.1x	0.94-0.1x	1.020.0x	1.07-0.1x	1.16
Asset Turnover	0.190.0x	0.180.0x	0.200.0x	0.230.0x	0.210.0x	0.200.0x	0.220.0x	0.230.0x	0.240.0x	0.250.0x	0.20-0.1x	0.340.0x	0.310.0x	0.300.0x	0.32
FCF Margin	N/A	N/A	N/A	-6.6%-2.5pp	-4.1%+5.3pp	-9.4%-6.9pp	-2.4%-2.8pp	0.4%-1.2pp	1.6%-7.5pp	9.1%+8.6pp	0.5%-8.3pp	8.7%-2.4pp	11.2%+0.2pp	11.0%+7.4pp	3.6%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	73.1%+1.5pp	59.5%-3.5pp	63.7%-4.0pp	71.1%-1.0pp	71.6%-1.9pp	63.0%-2.4pp	67.7%+2.0pp	72.0%+2.1pp
Operating Margin	21.0%+0.8pp	28.5%-1.2pp	17.8%-8.0pp	21.4%+0.8pp	20.2%-0.4pp	29.8%-0.6pp	25.9%+10.5pp	20.6%-3.5pp
Net Margin	14.6%+2.5pp	23.5%+0.4pp	12.5%-7.3pp	12.8%0.0pp	12.1%+0.2pp	23.0%-0.2pp	19.8%+10.0pp	12.8%-3.3pp
Return on Equity	2.1%+0.3pp	5.5%+0.1pp	2.3%-1.3pp	1.9%0.0pp	1.8%+0.1pp	5.4%+0.4pp	3.5%+1.7pp	1.9%-0.7pp
Return on Assets	0.6%+0.1pp	1.6%+0.1pp	0.6%-0.3pp	0.5%0.0pp	0.5%0.0pp	1.5%+0.1pp	1.0%+0.5pp	0.5%-0.2pp
Current Ratio	0.530.0x	0.68+0.2x	0.590.0x	0.50-0.2x	0.55-0.2x	0.50-0.1x	0.60+0.1x	0.65+0.1x
Debt-to-Equity	1.32+0.1x	1.33+0.1x	1.320.0x	1.26-0.1x	1.25-0.1x	1.200.0x	1.34+0.1x	1.360.0x
Asset Turnover	0.040.0x	0.070.0x	0.050.0x	0.040.0x	0.040.0x	0.070.0x	0.050.0x	0.040.0x
FCF Margin	-13.1%-14.3pp	11.7%-3.0pp	N/A	-29.7%-26.1pp	1.2%-18.2pp	14.6%-1.0pp	N/A	-3.6%-10.2pp

Note: The current ratio is below 1.0 (0.59), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
WEC Energy Group, Inc. WEC	FY2025	$9.8B	$1.6B	15.9%	$33.0B	42/100
Consolidated Edison, Inc. ED	FY2025	$16.9B	$2.0M	0.0%	$38.2B	47/100
PG&E Corporation PCG	FY2025	$24.9B	$3K	0.0%	$37.0B	46/100
Xcel Energy, Inc. XEL	FY2025	N/A	$2.0B	N/A	$44.6B	—
Public Service Enterprise Group Incorporated PEG	FY2025	$12.2B	$2.1B	17.3%	$33.9B	63/100
Entergy Corporation ETR	FY2025	$12.9B	$1.8B	13.7%	$48.2B	47/100

Where WEC Energy Group, Inc. Ranks

Frequently Asked Questions

What is WEC Energy Group, Inc.'s annual revenue?

WEC Energy Group, Inc. (WEC) reported $9.8B in total revenue for fiscal year 2025. This represents a 14.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is WEC Energy Group, Inc.'s revenue growing?

WEC Energy Group, Inc. (WEC) revenue grew by 14.0% year-over-year, from $8.6B to $9.8B in fiscal year 2025.

Is WEC Energy Group, Inc. profitable?

Yes, WEC Energy Group, Inc. (WEC) reported a net income of $1.6B in fiscal year 2025, with a net profit margin of 15.9%.

What is WEC Energy Group, Inc.'s EBITDA?

WEC Energy Group, Inc. (WEC) had EBITDA of $3.7B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does WEC Energy Group, Inc. have?

As of fiscal year 2025, WEC Energy Group, Inc. (WEC) had $27.6M in cash and equivalents against $18.5B in long-term debt.

What is WEC Energy Group, Inc.'s gross margin?

WEC Energy Group, Inc. (WEC) had a gross margin of 66.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is WEC Energy Group, Inc.'s operating margin?

WEC Energy Group, Inc. (WEC) had an operating margin of 22.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is WEC Energy Group, Inc.'s net profit margin?

WEC Energy Group, Inc. (WEC) had a net profit margin of 15.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does WEC Energy Group, Inc. pay dividends?

Yes, WEC Energy Group, Inc. (WEC) paid $3.57 per share in dividends during fiscal year 2025.

What is WEC Energy Group, Inc.'s return on equity (ROE)?

WEC Energy Group, Inc. (WEC) has a return on equity of 11.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is WEC Energy Group, Inc.'s operating cash flow?

WEC Energy Group, Inc. (WEC) generated $3.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are WEC Energy Group, Inc.'s total assets?

WEC Energy Group, Inc. (WEC) had $51.5B in total assets as of fiscal year 2025, including both current and long-term assets.

Does WEC Energy Group, Inc. buy back shares?

Yes, WEC Energy Group, Inc. (WEC) spent $1.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does WEC Energy Group, Inc. have outstanding?

WEC Energy Group, Inc. (WEC) had 326M shares outstanding as of fiscal year 2025.

What is WEC Energy Group, Inc.'s current ratio?

WEC Energy Group, Inc. (WEC) had a current ratio of 0.59 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is WEC Energy Group, Inc.'s debt-to-equity ratio?

WEC Energy Group, Inc. (WEC) had a debt-to-equity ratio of 1.32 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is WEC Energy Group, Inc.'s return on assets (ROA)?

WEC Energy Group, Inc. (WEC) had a return on assets of 3.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is WEC Energy Group, Inc.'s P/E ratio?

WEC Energy Group, Inc. (WEC) trades at 19.5x earnings, its market capitalization divided by net income of $1.7B net income, trailing 12 months to June 30, 2026. The market capitalization is $33.0B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is WEC Energy Group, Inc.'s price-to-sales ratio?

WEC Energy Group, Inc. (WEC) trades at 3.3x sales, its market capitalization divided by revenue of $10.1B revenue, trailing 12 months to June 30, 2026. The market capitalization is $33.0B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is WEC Energy Group, Inc.'s Altman Z-Score?

WEC Energy Group, Inc. (WEC) has an Altman Z-Score of 1.04, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is WEC Energy Group, Inc.'s Piotroski F-Score?

WEC Energy Group, Inc. (WEC) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are WEC Energy Group, Inc.'s earnings high quality?

WEC Energy Group, Inc. (WEC) has an earnings quality ratio of 2.17x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can WEC Energy Group, Inc. cover its interest payments?

WEC Energy Group, Inc. (WEC) has an interest coverage ratio of 2.51x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is WEC Energy Group, Inc.?

WEC Energy Group, Inc. (WEC) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its utilities peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.