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WEC Energy Group, Inc.

WEC Energy Group, Inc.

NYSE•WEC
CEO: Mr. Scott J. Lauber CPA
Sector: Utilities
Industry: Regulated Electric
Listing Date: 1980-03-17
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
Contact Information
231 West Michigan Street, PO Box 1331, Milwaukee, WI, 53201, United States
414-221-2345
www.wecenergygroup.com
Market Cap
$33.99B
P/E (TTM)
20.3
22.3
Dividend Yield
3.4%
52W High
$118.19
52W Low
$91.94
52W Range
55%
Rank32Top 16.7%
5.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$2.10B+12.91%
4-Quarter Trend

EPS

$0.84+10.53%
4-Quarter Trend

FCF

-$625.70M+829.72%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Net Income Growth Net income attributed to common shareholders reached $1.24B USD for nine months, marking a $167.2M increase.
Strong Operating Cash Flow Operating activities provided $2.95B USD cash flow for nine months, increasing $324.8M year-over-year.
Revenue Reached $7.26B Operating revenues totaled $7.26B USD for nine months ended September 30, 2025, showing strong growth.

Risk Factors

Regulatory Cost Recovery Risk Recovery of deferred costs in future rates is subject to regulator approval, posing financial uncertainty risks.
Large Customer Concentration Business concentration with a few large data center customers risks investment recovery if demand shifts.
Inflation and Supply Chain Inflation, trade policy changes, and supply chain disruptions increase equipment and material costs significantly.

Outlook

Major Renewable Capital Plan Plan includes $11.6B investment in regulated solar and battery storage from 2026 through 2030 for clean energy.
Coal Phase-Out Timeline Expect coal use only as backup fuel by end of 2030, aiming for net zero generation by 2050.
Distribution System Upgrades Utilities plan $4.7B investment through 2030 for electric and natural gas distribution reliability upgrades.

Peer Comparison

Revenue (TTM)

PG&E CorporationPCG
$24.76B
-0.3%
Exelon CorporationEXC
$24.32B
+6.1%
Consolidated Edison, Inc.ED
$16.59B
+10.3%

Gross Margin (Latest Quarter)

DTE Energy CompanyDTE
83.5%
+46.5pp
Consolidated Edison, Inc.ED
79.1%
+13.0pp
WEC Energy Group, Inc.WEC
71.1%
+29.5pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
XEL$45.99B32.26.8%84.3%
EXC$44.37B15.710.2%43.6%
ETR$42.18B22.811.5%43.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-2.7%
Flat Growth
4Q Net Income CAGR
-15.8%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 31, 2025|
    Revenue: $2.10B+12.9%
    |
    EPS: $0.84+10.5%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 1, 2025|
    Revenue: $2.01B+13.4%
    |
    EPS: $0.77+14.9%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 7, 2025|
    Revenue: $3.15B+17.5%
    |
    EPS: $2.28+15.7%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 21, 2025|
    Revenue: $8.60B-3.3%
    |
    EPS: $4.81+14.0%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 1, 2024|
    Revenue: $1.86B-4.8%
    |
    EPS: $0.76-24.0%
    Meet
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 31, 2024|
    Revenue: $1.77B-3.2%
    |
    EPS: $0.67-27.2%
    Meet
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $2.68B-7.2%
    |
    EPS: $1.97+22.4%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 22, 2024|
    Revenue: $8.89B-7.3%
    |
    EPS: $4.22-5.4%
    Miss