WEC Energy Group, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 8.32B | 9.60B | 8.89B | 8.60B | 9.80B | 14.0% | |
| Cost of Revenue | (5.32B) | (6.30B) | (5.29B) | (4.81B) | (4.85B) | 0.7% | |
Gross Profit | 3.00B | 3.30B | 3.60B | 3.79B | 4.95B | 30.8% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | — | — | — | — | (591.50M) | — | |
| Depreciation & Amortization | (1.07B) | (1.12B) | (1.26B) | (1.35B) | (1.48B) | 9.2% | |
Operating Income (EBIT) | 1.71B | 1.92B | 1.91B | 2.15B | 2.37B | 10.3% | |
| Non-Operating Items | |||||||
| Interest Income | — | 1.20M | — | 17.20M | — | -100.0% | |
| Interest Expense | (471.10M) | (515.10M) | (727.40M) | (815.30M) | (895.10M) | 9.8% | |
| Other Income/Expenses (Net) | -216.10M | -191.60M | -371.70M | -406.50M | -701.40M | 72.5% | |
Income Before Tax | 1.50B | 1.73B | 1.54B | 1.75B | 1.67B | -4.2% | |
| Income Tax Expense | (200.30M) | (322.90M) | (204.60M) | (222.00M) | (118.00M) | -46.8% | |
Net Income | 1.30B | 1.41B | 1.33B | 1.53B | 1.56B | 2.0% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $4 | $4 | $4 | $5 | $5 | 1.0% | |
| Weighted Avg Shares Outstanding | 315.40M | 315.40M | 315.40M | 316.20M | 325.40M | 2.9% | |
| Weighted Avg Shares Outstanding (Diluted) | 316.30M | 316.10M | 315.90M | 316.50M | 327.90M | 3.6% | |
EBITDA | 3.04B | 3.37B | 3.53B | 3.92B | 4.05B | 3.3% |
Explore WEC
WEC in the Utilities
Large Cap