| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | 1 | — | — | 5 | — | — | 1 | — | — | 1 | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 3.81 |
—
—
—
|
| 2025 | 3.57 |
—
—
—
—
|
| 2024 | 3.34 |
—
—
—
—
|
| 2023 | 3.12 |
—
—
—
—
|
| 2022 | 3.64 |
—
—
—
—
—
|
| 2021 | 2.71 |
—
—
—
—
|
| 2020 | 2.53 |
—
—
—
—
|
| 2019 | 2.36 |
—
—
—
—
|
| 2018 | 2.21 |
—
—
—
—
|
| 2017 | 2.08 |
—
—
—
—
|
| 2016 | 2.48 |
—
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 42.90 | 9.80 | 27.60 | 50.00 |
| Receivables | 1,503.20 | 1,669.30 | 2,062.70 | 1,529.20 |
| Inventory | 775.20 | 813.20 | 803.40 | 744.60 |
| Other | 223.70 | 121.90 | 119.80 | 197.00 |
| 2,795.70 | 2,911.70 | 3,284.70 | 2,781.80 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 896.60 | 1,137.10 | 1,140.10 | 1,018.60 |
| ST’ Debt | 3,285.10 | 2,845.60 | 3,444.10 | 3,347.60 |
| Other | 933.10 | 859.20 | 1,009.20 | 842.20 |
| 5,114.80 | 4,841.90 | 5,593.40 | 5,208.40 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 3,434.20 | 2,062.10 | — | — |
—
|
| ’25 | 3,149.50 | 2,009.50 | 2,104.00 | 2,537.10 |
9,800.10
|
| ’24 | 2,680.20 | 1,772.00 | 1,863.50 | 2,284.20 |
8,599.90
|
| ’23 | 2,888.10 | 1,830.00 | 1,957.40 | 2,217.50 |
8,893.00
|
| ’22 | 2,908.10 | 2,127.90 | 2,003.00 | 2,558.40 |
9,597.40
|
| ’21 | 2,691.40 | 1,676.20 | 1,746.50 | 2,201.90 |
8,316.00
|
| ’20 | 2,108.60 | 1,548.70 | 1,651.00 | 1,933.40 |
7,241.70
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1,218.40 | 992.30 | — | — |
—
|
| ’25 | 1,162.60 | 853.30 | 938.90 | 424.60 |
3,379.40
|
| ’24 | 863.60 | 1,037.40 | 729.00 | 581.80 |
3,211.80
|
| ’23 | 796.10 | 958.20 | 784.10 | 480.00 |
3,018.40
|
| ’22 | 1,076.80 | 685.80 | 296.90 | 1.20 |
2,060.70
|
| ’21 | 395.20 | 831.00 | 780.50 | 26.00 |
2,032.70
|
| ’20 | 690.50 | 689.10 | 570.10 | 246.30 |
2,196.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 346.40 | (306.30) | — | — |
—
|
| ’25 | 419.20 | (20.90) | (538.60) | (1,020.80) |
(1,161.10)
|
| ’24 | 407.00 | 325.30 | (37.00) | (310.10) |
385.20
|
| ’23 | 296.70 | 414.30 | 128.30 | (377.50) |
461.80
|
| ’22 | 703.00 | 95.80 | (371.00) | (677.70) |
(249.90)
|
| ’21 | (64.10) | 301.00 | 163.50 | (598.60) |
(198.20)
|
| ’20 | 195.70 | 148.80 | (3.70) | (363.30) |
(22.50)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 2.45 | 0.91 | — | — |
—
|
| ’25 | 2.27 | 0.76 | 0.83 | 0.97 |
4.81
|
| ’24 | 1.97 | 0.67 | 0.76 | 1.43 |
4.83
|
| ’23 | 1.61 | 0.92 | 1.00 | 0.69 |
4.22
|
| ’22 | 1.79 | 0.91 | 0.96 | 0.80 |
4.45
|
| ’21 | 1.61 | 0.87 | 0.92 | 0.71 |
4.11
|
| ’20 | 1.43 | 0.76 | 0.84 | 0.76 |
3.79
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 80.82 | 75.47 | 75.13 | 91.94 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 108.39 | 99.26 | 102.79 | 118.19 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,022 | 7,000 | 7,017 | 7,151 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.37 | 1.27 | 1.23 | 1.37 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9,597.40 | 8,893.00 | 8,599.90 | 9,800.10 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 54.58% | 64.12% | 69.12% | 66.68% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,732.60 | 1,536.30 | 1,746.30 | 1,673.50 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 18.05% | 17.28% | 20.31% | 17.08% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,409.70 | 1,331.70 | 1,524.30 | 1,555.50 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,122.60 | 1,264.20 | 1,354.50 | 1,478.50 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 30.43 | 28.20 | 27.20 | 30.44 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡ | 4.46 | 4.22 | 4.83 | 4.84 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.53 | 9.57 | 10.16 | 10.50 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (7.33) | (8.11) | (8.94) | (14.11) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.79) | 1.46 | 1.22 | (3.61) | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 36.83 | 38.27 | 40.49 | 43.66 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 315.40 | 315.40 | 316.20 | 321.90 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 21.11 | 20.46 | 19.47 | 21.70 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.09 | 3.06 | 3.46 | 3.46 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.56 | 2.26 | 2.33 | 2.42 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.89 | 5.17 | 5.82 | 5.74 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (203.57) | 99.57 | 129.94 | (48.43) | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,060.70 | 3,018.40 | 3,211.80 | 3,379.40 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2,310.60) | (2,556.60) | (2,826.60) | (4,540.50) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (249.90) | 461.80 | 385.20 | (1,161.10) | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,423.30) | (2,319.10) | (1,930.20) | (2,308.70) | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17,294.50 | 18,797.90 | 20,327.00 | 22,314.20 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17,265.60 | 18,755.00 | 20,317.20 | 22,286.60 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11,616.60 | 12,071.50 | 12,801.90 | 14,052.80 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.48% | 3.10% | 3.35% | 3.15% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.16% | 3.87% | 4.06% | 3.86% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.42% | 11.27% | 12.31% | 11.63% | — | — | — |
ROE
|
WEC Energy Group, a stalwart Midwest utility prized for its steady dividends and regulated moat, faces a contrarian reckoning amid ballooning debt that has doubled to $20.3 billion since 2016, erratic free cash flow devoured by surging capex for renewables, and a wave of insider sells totaling $18.4 million with zero buys. While revenue per share has climbed 15% to $27.20 and profitability metrics like EBT margins hit 20.3% in 2024, underlying volatility from weather disruptions, regulatory hurdles, and post-COVID sags raises doubts about rosy analyst projections of 14% revenue rebounds and 20% net income surges through 2027.
Cash flow tells a stark tale: operating cash flow rose to $3.21 billion, but capex explosions—forecast at 61% growth to $4.54 billion in 2025—could plunge FCF into negative territory, threatening dividend sustainability in a rising rate environment that amplifies leverage risks. Stock resilience near $100+ highs masks these cracks, with multiples like 19.5x PE appearing reasonable yet blind to headwinds such as Midwest storms, nuclear retirements, and supply chain snarls.
Consensus chases yield in this energy transition play, but insiders’ exits and historical parallels to utility debt crises signal overowned complacency. Is WEC’s defensive allure fading? Dive into the full analysis for the data-driven case to wait for a 10-15% pullback before engaging.
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