WEC Energy Group Inc. (WEC)
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93.79
-0.03%
After-hours Jan 03, 2025, 04:00 PM EST

Income Statement (Annual)

Get detailed income statement breakdowns, uncovering revenue, expenses, and much more.
Year FY23 FY22 FY21 FY20 FY19 FY18 FY17 FY16 FY15 FY14 FY13 FY12 FY11 FY10 FY09 FY08 FY07 FY06 FY05 FY04 FY03 FY02 FY01 FY00 FY99 FY98 FY97 FY96 FY95 FY94 FY93 FY92 FY91 FY90 FY89 FY88 FY87 FY86 FY85
Revenue 8.89B 9.60B 8.32B 7.24B 7.52B 7.68B 7.65B 7.47B 5.93B 5.00B 4.52B 4.25B 4.49B 4.20B 4.13B 4.43B 4.24B 4.00B 3.82B 3.43B 4.05B 3.74B 3.93B 3.35B 2.27B 1.98B 1.79B 1.77B 1.77B 1.74B 1.64B 1.55B 1.54B 1.44B 1.49B 1.54B 1.36B 1.41B 1.44B
Cost of Revenue 5.29B 6.30B 5.32B 4.35B 4.86B 5.17B 4.87B 4.83B 3.95B 3.37B 2.98B 2.76B 1.90B 1.85B 1.98B 1.24B 996.40M 802.00M 776.70M 592.90M 570.80M 594.10M 660.10M 682.10M 588.10M 461.40M 444.70M 331.90M 345.40M 328.50M n/a n/a n/a n/a n/a n/a n/a n/a n/a
Gross Profit 3.60B 3.30B 3.00B 2.89B 2.66B 2.51B 2.78B 2.64B 1.98B 1.63B 1.54B 1.49B 2.59B 2.35B 2.15B 3.19B 3.24B 3.19B 3.04B 2.84B 3.48B 3.14B 3.27B 2.67B 1.68B 1.52B 1.34B 1.44B 1.43B 1.41B 1.64B 1.55B 1.54B 1.44B 1.49B 1.54B 1.36B 1.41B 1.44B
Operating Income 1.91B 1.92B 1.71B 1.71B 1.53B 1.47B 1.79B 1.68B 1.25B 1.11B 1.08B 1.00B 887.30M 810.40M 663.70M 172.50M 628.50M 568.50M 562.90M 356.90M 550.80M 458.00M 604.90M 444.90M 455.70M 374.80M 218.30M 436.50M 477.30M 392.80M 1.64B 1.55B 1.54B 1.44B 1.49B 1.54B 1.36B 1.41B 1.44B
Interest Income n/a 516.30M 472.30M 494.90M 502.70M n/a n/a n/a n/a 1.20M 1.20M n/a 26.70M n/a n/a n/a n/a n/a n/a n/a 5.80M 5.80M 18.20M 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 1.54B 1.73B 1.50B 1.43B 1.26B 1.23B 1.59B 1.51B 1.07B 950.00M 915.30M 852.60M 776.70M 704.30M 594.50M 575.70M 552.90M 487.50M 452.80M 202.50M 379.40M 272.70M 358.90M 280.10M 320.10M 284.30M 84.70M 347.50M 379.80M 309.20M n/a n/a n/a n/a n/a n/a n/a n/a n/a
Net Income 1.33B 1.41B 1.30B 1.20B 1.14B 1.06B 1.20B 940.20M 640.30M 588.30M 577.40M 546.30M 526.20M 456.50M 382.40M 359.10M 335.60M 316.40M 308.70M 306.40M 244.30M 167.00M 219.00M 154.20M 209.00M 188.10M 60.70M 218.10M 234.00M 180.90M 188.50M 169.70M 189.30M 186.70M 194.00M 183.20M 169.50M 157.70M 167.50M
Selling & General & Admin 91.80M 97.40M 68.60M 35.50M 30.10M 18.90M 1.90M 14.20M 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
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 n/a n/a n/a
Other Expenses 1.60B 1.38B 1.28B 1.18B 1.13B 70.30M 64.60M 80.80M 58.90M 13.40M 18.80M 34.80M 1.70B 1.54B 1.72B 3.02B 2.61B 2.63B 2.48B 2.48B 2.93B 2.68B 2.66B 2.23B 1.23B 1.14B 1.13B 1.01B 947.80M 1.02B n/a n/a n/a n/a n/a n/a n/a n/a n/a
Operating Expenses 1.69B 1.38B 1.28B 1.18B 1.13B 1.04B 993.50M 957.30M 726.20M 513.20M 456.80M 485.60M 1.70B 1.54B 1.49B 3.02B 2.61B 2.63B 2.48B 2.48B 2.93B 2.68B 2.66B 2.23B 1.23B 1.14B 1.13B 1.01B 947.80M 1.02B n/a n/a n/a n/a n/a n/a n/a n/a n/a
Interest Expense 726.90M 515.10M 471.10M 493.70M 501.50M 445.10M 415.70M 402.70M 331.40M 241.50M 252.10M 248.20M 262.50M 206.40M 156.70M 153.70M 167.60M n/a n/a n/a 221.20M 221.20M 245.00M 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
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 n/a n/a n/a
Cost & Expenses 6.99B 7.67B 6.60B 5.54B 5.99B 6.21B 5.86B 5.79B 4.68B 3.88B 3.44B 3.25B 3.60B 3.39B 3.46B 4.26B 3.61B 3.43B 3.25B 3.07B 3.50B 3.28B 3.32B 2.91B 1.82B 1.61B 1.57B 1.34B 1.29B 1.35B n/a n/a n/a n/a n/a n/a n/a n/a n/a
Income Tax 204.60M 322.90M 200.30M 227.90M 125.00M 169.80M 383.50M 566.50M 433.80M 361.70M 337.90M 306.30M 263.90M 249.90M 217.30M 217.10M 216.40M 175.00M 149.20M 80.30M 135.10M 105.70M 150.40M 125.90M 111.10M 96.20M 24.00M 129.40M 145.80M 128.30M -188.50M -169.70M -189.30M -186.70M -194.00M -183.20M -169.50M -157.70M -167.50M
Shares Outstanding (Basic) 315.40M 315.40M 315.40M 315.40M 315.40M 315.50M 315.60M 315.60M 271.10M 225.60M 227.60M 230.20M 232.60M 233.80M 233.80M 233.80M 233.80M 234.00M 234.00M 235.69M 233.78M 283.05M 234.22M 240.94M 233.52M 228.00M 224.81M 221.42M 219.70M 216.05M 209.44M 203.23M 201.97M 201.97M 201.97M 201.97M 199.64M 199.63M 199.63M
Shares Outstanding (Diluted) 315.90M 316.10M 316.30M 316.50M 316.70M 316.90M 317.20M 316.90M 272.70M 227.50M 229.70M 232.80M 235.40M 236.70M 235.80M 236.40M 237.00M 236.80M 236.80M 238.44M 237.18M 285.47M 235.48M 242.83M 233.52M 228.00M 224.81M 221.42M 219.87M 216.05M 209.44M 203.23M 201.97M 201.97M 201.97M 201.97M 199.64M 199.63M 199.63M
EPS (Basic) 4.22 4.46 4.12 3.80 3.60 3.36 3.81 2.98 2.36 2.61 2.54 2.37 2.26 1.95 1.64 1.54 1.44 1.35 1.32 1.30 1.05 0.59 0.94 0.64 0.90 0.83 0.27 0.99 1.07 0.84 0.90 0.84 0.62 0.62 0.64 0.61 0.57 0.26 0.27
EPS (Diluted) 4.22 4.45 4.11 3.79 3.58 3.35 3.79 2.96 2.34 2.59 2.51 2.35 2.24 1.93 1.62 1.52 1.42 1.34 1.31 1.29 1.03 0.59 0.93 0.64 0.90 0.83 0.27 0.99 1.07 0.84 0.90 0.84 0.62 0.62 0.64 0.61 0.57 0.26 0.27
EBITDA 3.53B 3.15B 2.86B 2.72B 2.49B 2.34B 2.58B 2.44B 1.83B 1.60B 1.56B 1.47B 1.16B 1.22B 1.10B 1.06B 966.50M 813.60M 912.90M 882.60M 867.80M 783.30M 947.00M 845.10M 778.30M 663.90M 539.40M 696.00M 724.60M 623.80M 1.64B 1.55B 1.54B 1.44B 1.49B 1.54B 1.36B 1.41B 1.44B
Depreciation & Amortization 1.26B 1.12B 1.07B 975.90M 926.30M 845.80M 798.60M 762.60M 583.50M 419.40M 400.20M 371.70M 336.40M 317.40M 349.40M 332.30M 361.20M 336.80M 350.00M 384.20M 383.40M 389.10M 409.80M 400.20M 349.70M 289.10M 321.10M 259.50M 247.30M 231.00M n/a n/a n/a n/a n/a n/a n/a n/a n/a