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

108.26

-0.46%

Pre-market: May 02, 2025, 07:31 AM EDT

WEC Energy Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	8.6B	8.89B	9.6B	8.32B	7.24B	7.52B	7.68B	7.65B	7.47B
Cost of Revenue	4.81B	5.29B	6.3B	5.32B	4.35B	4.86B	5.17B	4.87B	4.83B
Gross Profit	3.79B	3.6B	3.3B	3B	2.89B	2.66B	2.51B	2.78B	2.64B
Operating Income	2.15B	1.91B	1.92B	1.71B	1.71B	1.53B	1.47B	1.79B	1.68B
Interest Income	17.2M	n/a	516.3M	472.3M	494.9M	502.7M	n/a	n/a	n/a
Pretax Income	1.75B	1.54B	1.73B	1.5B	1.43B	1.26B	1.23B	1.59B	1.51B
Net Income	1.53B	1.33B	1.41B	1.3B	1.2B	1.14B	1.06B	1.2B	940.2M
Selling & General & Admin	n/a	91.8M	97.4M	68.6M	35.5M	30.1M	18.9M	1.9M	14.2M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	1.63B	1.6B	1.38B	1.28B	1.18B	1.13B	70.3M	64.6M	80.8M
Operating Expenses	1.63B	1.69B	1.38B	1.28B	1.18B	1.13B	1.04B	993.5M	957.3M
Interest Expense	815.3M	726.9M	515.1M	471.1M	493.7M	501.5M	445.1M	415.7M	402.7M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	6.45B	6.99B	7.67B	6.6B	5.54B	5.99B	6.21B	5.86B	5.79B
Income Tax Expense	222M	204.6M	322.9M	200.3M	227.9M	125M	169.8M	383.5M	566.5M
Shares Outstanding (Basic)	316.2M	315.4M	315.4M	315.4M	315.4M	315.4M	315.5M	315.6M	315.6M
Shares Outstanding (Diluted)	316.5M	315.9M	316.1M	316.3M	316.5M	316.7M	316.9M	317.2M	316.9M
EPS (Basic)	4.81	4.22	4.46	4.12	3.80	3.60	3.36	3.81	2.98
EPS (Diluted)	4.83	4.22	4.45	4.11	3.79	3.58	3.35	3.79	2.96
EBITDA	3.92B	3.53B	3.15B	2.86B	2.72B	2.49B	2.34B	2.58B	2.44B
EBIT	2.56B	2.26B	2.25B	1.97B	1.92B	1.76B	1.68B	2B	1.91B
Depreciation & Amortization	1.35B	1.26B	1.12B	1.07B	975.9M	926.3M	845.8M	798.6M	762.6M