Financials in USD. Standardized financial statements.
A compact view of how WEC Energy Group, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $9.80B | $8.60B | $8.89B | $9.60B | $8.32B | $7.24B | $7.52B | $7.68B | $7.65B | $7.47B |
| Revenue Growth? | +14.0% | -3.3% | -7.3% | +15.4% | +14.8% | -3.7% | -2.0% | +0.4% | +2.4% | 0.0% |
| Cost of Revenue? | $4.85B | $4.81B | $5.29B | $6.30B | $5.32B | $4.35B | $4.86B | $5.17B | $4.88B | $4.82B |
| Gross Profit? | $4.95B | $3.79B | $3.60B | $3.30B | $3.00B | $2.89B | $2.66B | $2.51B | $2.77B | $2.65B |
| Gross Margin? | +50.5% | +44.0% | +40.5% | +34.4% | +36.1% | +39.9% | +35.4% | +32.7% | +36.2% | +35.5% |
| Operating Expenses? | $2.58B | $1.63B | $1.69B | $1.38B | $1.28B | $1.18B | $1.13B | $1.04B | $993.50M | $957.30M |
| Operating Income? | $2.37B | $2.15B | $1.91B | $1.92B | $1.71B | $1.71B | $1.53B | $1.47B | $1.79B | $1.68B |
| EBITDA? | $4.05B | $3.92B | $3.53B | $3.37B | $3.04B | $2.90B | $2.69B | $2.52B | $2.80B | $2.67B |
| Income Before Tax | $1.67B | $1.75B | $1.54B | $1.73B | $1.50B | $1.43B | $1.26B | $1.23B | $1.59B | $1.51B |
| Income Tax Expense | $118.00M | $222.00M | $204.60M | $322.90M | $200.30M | $227.90M | $125.00M | $169.80M | $383.50M | $566.50M |
| Net Income? | $1.56B | $1.53B | $1.33B | $1.41B | $1.30B | $1.20B | $1.14B | $1.06B | $1.20B | $940.20M |
| EPS? | $4.86 | $4.81 | $4.22 | $4.46 | $4.12 | $3.80 | $3.60 | $3.36 | $3.81 | $2.98 |
| Diluted EPS? | $4.83 | $4.83 | $4.22 | $4.45 | $4.11 | $3.79 | $3.58 | $3.35 | $3.79 | $2.96 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality