A. INTRODUCTION In this report, when we refer to "WEC Energy Group," "the Company," "us," "we," "our," or "ours," we are referring to WEC Energy Group, Inc. and all of its subsidiaries. The term "utility" refers to the regulated activities of the electric and natural gas utility companies, while the term "non-utility" refers to the activities of the electric and natural gas companies that are not regulated, as well as We Power and Bluewater. The term "nonregulated" refers to activities at WECI, which holds interests in several renewable generating facilities, WEC Energy Group holding company, the Integrys holding company, the PELLC holding company, Wispark, Wisvest, WECC, WBS, and PDL. References to "Notes" are to the Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K. For more information about our business operations, including financial and geographic information, see Note 22, Segment Information, and Item 7.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 9.8B | 9.8B | 8.6B | 8.9B | 9.6B | 8.3B |
| Net Income | 1.6B | 1.6B | 1.5B | 1.3B | 1.4B | 1.3B |
| EPS | $4.81 | $4.81 | $4.83 | $4.22 | $4.45 | $4.11 |
| Free Cash Flow | -1.0B | -1.0B | 431M | 526M | -254M | -220M |
| ROIC | 5.9% | 6.1% | 5.8% | 5.5% | 5.5% | 5.6% |
| Gross Margin | 66.7% | 66.7% | 69.1% | 64.1% | 54.6% | 60.2% |
| Debt/Equity | 1.61 | 1.61 | 1.62 | 1.59 | 1.52 | 1.43 |
| Dividends/Share | $3.54 | $3.57 | $3.34 | $3.12 | $2.91 | $2.71 |
| Operating Income | 2.2B | 2.2B | 2.2B | 1.9B | 1.9B | 1.7B |
| Operating Margin | 22.9% | 22.9% | 25.0% | 21.5% | 20.0% | 20.6% |
| ROE | 11.4% | 12.0% | 12.3% | 11.4% | 12.4% | 11.9% |
| Shares Outstanding | 324M | 324M | 316M | 316M | 316M | 316M |
WEC ENERGY GROUP, INC. passes 4 of 9 quality checks, suggesting mixed fundamentals.
WEC ENERGY GROUP, INC. trades at 24.2x trailing earnings, compared to its 15-year median P/E of 18.9x, suggesting it is currently Expensive relative to its historical range. The company's 5-year average ROIC is 5.7% with a gross margin of 62.9%. Total shareholder yield (dividends) is 3.1%. At current prices, the estimated annualized return to fair value is -3.5%.
WEC ENERGY GROUP, INC. (WEC) has a current P/E ratio of 24.2, compared to its historical median P/E of 18.9. The stock is currently considered Expensive based on its historical valuation range.
WEC ENERGY GROUP, INC. (WEC) has a 5-year average return on invested capital (ROIC) of 5.7%. This is below average and may indicate limited pricing power.
WEC ENERGY GROUP, INC. (WEC) has a market capitalization of $37.7B. It is classified as a large-cap stock.
Yes, WEC ENERGY GROUP, INC. (WEC) pays a dividend with a trailing twelve-month yield of 3.05%. The company also returns capital through share buybacks, with a buyback yield of 0.00%.
Based on historical P/E analysis, WEC ENERGY GROUP, INC. (WEC) appears expensive. The current P/E of 24.2 is 28% above its historical median of 18.9. The estimated fair value CAGR (P/E method) is 5.2%.
WEC ENERGY GROUP, INC. (WEC) operates in the Electric & Other Services Combined industry, within the Utilities sector.
WEC ENERGY GROUP, INC. (WEC) reported annual revenue of $9.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
WEC ENERGY GROUP, INC. (WEC) has a net profit margin of 15.9%. This is a healthy margin.
WEC ENERGY GROUP, INC. (WEC) generated $-1.0 billion in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
WEC ENERGY GROUP, INC. (WEC) has a debt-to-equity ratio of 1.61. This indicates higher leverage, which may increase financial risk.
WEC ENERGY GROUP, INC. (WEC) reported earnings per share (EPS) of $4.81 in its most recent fiscal year.
WEC ENERGY GROUP, INC. (WEC) has a return on equity (ROE) of 12.0%. This indicates moderate shareholder returns.
WEC ENERGY GROUP, INC. (WEC) has a 5-year average gross margin of 62.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 19 years of financial data for WEC ENERGY GROUP, INC. (WEC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
WEC ENERGY GROUP, INC. (WEC) has a book value per share of $42.04, based on its most recent annual SEC filing.