Saturday 17 October 2026
Export WEC’s income statement to Excel — free account
WEC Energy Group, Inc.
WEC Utilities Utilities Regulated Electric
WEC Energy Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.8 billion, up 14.0% from fiscal 2024. In the quarter to June 2026, revenue grew 2.62%, EPS grew 19.5%, free cash flow fell 1,365.6% and total debt rose 11.9%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, operating cash flow growth for three.
108.97
2.93
+2.76%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
19.63 | 17.26 | 20.61 | 25.69 | 24.15 | 23.50 | 21.11 | 20.46 | 19.47 | 21.70 |
Piotroski F-Score |
7 | 6 | 5 | 6 | 7 | 7 | 6 | 6 | 6 | 5 |
P/S ratio |
2.47 | 2.71 | 2.85 | 3.87 | 4.01 | 3.68 | 3.09 | 3.06 | 3.46 | 3.46 |
Altman Z-Score |
1.16 | 1.16 | 1.12 | 1.27 | 1.18 | 1.23 | 1.17 | 1.02 | 1.04 | 1.05 |
Altman Z″-Score (non-manufacturers) |
1.27 | 1.02 | 1.06 | 1.08 | 0.93 | 1.10 | 1.05 | 0.91 | 0.98 | 0.93 |
P/FCF ratio |
21.81 | 174.28 | 66.26 | 343.44 | 0.00 | 0.00 | 0.00 | 58.95 | 77.19 | 0.00 |
Beneish M-Score |
(2.50) | (2.54) | (2.70) | (2.76) | (2.64) | (2.29) | (2.32) | (2.96) | (2.61) | (2.45) |
P/Operating CF |
48.34 | 62.35 | 49.97 | 57.63 | 117.85 | 1,177.53 | 24,748.39 | 56.72 | 51.11 | 79.95 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 38 |
P/B ratio |
2.07 | 2.19 | 2.23 | 2.85 | 2.73 | 2.76 | 2.56 | 2.26 | 2.33 | 2.42 |
Price to Tangible BV |
3.14 | 3.24 | 3.23 | 4.06 | 3.83 | 3.81 | 3.48 | 3.03 | 3.06 | 3.09 |
EV/Sales |
3.83 | 4.15 | 4.37 | 5.55 | 5.98 | 5.55 | 4.89 | 5.17 | 5.82 | 5.74 |
EV/EBITDA |
11.63 | 12.33 | 14.50 | 17.00 | 16.14 | 16.56 | 15.41 | 14.49 | 14.27 | 15.10 |
EV/Operating CF |
13.59 | 15.28 | 13.73 | 17.82 | 19.71 | 22.72 | 22.79 | 15.23 | 15.58 | 16.64 |
EV/FCF |
33.79 | 266.59 | 101.78 | 493.35 | (1,924.10) | (233.05) | (203.57) | 99.57 | 129.94 | (48.43) |
Quick Ratio |
0.53 | 0.36 | 0.41 | 0.38 | 0.30 | 0.41 | 0.40 | 0.30 | 0.35 | 0.37 |
Current Ratio |
0.89 | 0.57 | 0.67 | 0.66 | 0.50 | 0.71 | 0.69 | 0.55 | 0.60 | 0.59 |
Net Debt/EBITDA |
4.12 | 4.27 | 5.06 | 5.17 | 5.32 | 5.58 | 5.67 | 5.91 | 5.79 | 5.99 |
Debt/Assets |
33.78% | 34.93% | 35.25% | 36.44% | 38.59% | 39.99% | 41.30% | 42.78% | 42.92% | 43.31% |
Debt/Equity |
1.14 | 1.16 | 1.20 | 1.24 | 1.34 | 1.40 | 1.49 | 1.56 | 1.59 | 1.59 |
Asset Turnover |
0.25 | 0.25 | 0.24 | 0.22 | 0.20 | 0.22 | 0.24 | 0.21 | 0.19 | 0.20 |
Operating CF/Net income |
2.24 | 1.73 | 2.31 | 2.07 | 1.83 | 1.56 | 1.46 | 2.27 | 2.10 | 2.17 |
Capex/Depreciation |
(1.65) | (2.45) | (2.50) | (2.44) | (2.27) | (2.08) | (2.06) | (2.02) | (2.09) | (3.07) |
Interest Coverage |
4.21 | 4.27 | 3.30 | 3.05 | 3.46 | 3.64 | 3.74 | 2.62 | 2.64 | 2.51 |
| 10.68% | 13.09% | 10.99% | 11.32% | 11.51% | 11.98% | 12.42% | 11.27% | 12.31% | 11.63% | |
| 3.16% | 3.90% | 3.26% | 3.31% | 3.33% | 3.42% | 3.48% | 3.10% | 3.35% | 3.15% | |
ROIC |
5.55% | 5.42% | 4.26% | 4.17% | 4.28% | 4.02% | 4.16% | 3.87% | 4.06% | 3.86% |
Return on Tangible Assets |
4.78% | 6.11% | 5.06% | 5.03% | 5.08% | 5.02% | 5.09% | 4.55% | 4.67% | 4.33% |
Average Days of Receivables |
60.65 | 64.46 | 60.88 | 57.08 | 60.62 | 66.09 | 69.16 | 61.70 | 70.85 | 76.82 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
31.66% | 29.43% | 32.13% | 31.72% | 30.93% | 26.65% | 22.84% | 26.43% | 28.19% | 27.36% |
Intangible Assets out of Total Assets |
0.10 | 0.10 | 0.09 | 0.09 | 0.08 | 0.08 | 0.07 | 0.07 | 0.06 | 0.06 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(1.03) | (0.96) | (0.98) | (0.78) | (0.84) | (0.82) | (0.91) | (1.07) | (1.06) | (1.01) |
Graham Number |
43.56 | 50.69 | 48.49 | 51.17 | 53.76 | 57.14 | 60.72 | 60.21 | 66.25 | 69.02 |
Earnings Yield |
5.09% | 5.79% | 4.85% | 3.89% | 4.14% | 4.25% | 4.74% | 4.89% | 5.14% | 4.61% |
Free Cash Flow Yield |
4.59% | 0.57% | 1.51% | 0.29% | (0.08%) | (0.65%) | (0.78%) | 1.70% | 1.30% | (3.42%) |
Revenue per Share |
23.68 | 24.23 | 24.34 | 23.85 | 22.96 | 26.37 | 30.43 | 28.20 | 27.20 | 30.44 |
Operating CF per Share |
6.67 | 6.59 | 7.75 | 7.44 | 6.96 | 6.44 | 6.53 | 9.57 | 10.16 | 10.50 |
Capex per Share |
(3.98) | (6.21) | (6.71) | (7.17) | (7.03) | (7.07) | (7.33) | (8.11) | (8.94) | (14.11) |
Free Cash Flow per Share |
2.68 | 0.38 | 1.05 | 0.27 | (0.07) | (0.63) | (0.79) | 1.46 | 1.22 | (3.61) |
Cash per Share |
0.12 | 0.12 | 0.27 | 0.12 | 0.08 | 0.05 | 0.09 | 0.14 | 0.03 | 0.09 |
Shareholders Equity per Share |
28.39 | 30.08 | 31.20 | 32.51 | 33.81 | 35.24 | 36.83 | 38.27 | 40.49 | 43.66 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
28.39 | 30.08 | 31.20 | 32.51 | 33.81 | 35.24 | 36.83 | 38.27 | 40.49 | 43.66 |
Free Cash Flow |
846.40 | 119.10 | 329.80 | 84.70 | (22.50) | (198.20) | (249.90) | 461.80 | 385.20 | (1,161.10) |
Working Capital |
(262.90) | (1,655.80) | (1,084.10) | (1,089.10) | (2,065.10) | (1,096.30) | (1,423.30) | (2,319.10) | (1,930.20) | (2,308.70) |
Capital Expenditures |
(1,257.40) | (1,959.50) | (2,115.70) | (2,260.80) | (2,218.50) | (2,230.90) | (2,310.60) | (2,556.60) | (2,826.60) | (4,540.50) |
Net Current Asset Value |
(18,994.30) | (19,885.20) | (21,385.50) | (22,603.60) | (24,282.60) | (25,218.50) | (27,067.80) | (29,072.50) | (31,649.60) | (34,180.80) |
EV/EBIT |
16.86 | 17.88 | 22.86 | 27.29 | 25.38 | 26.93 | 24.41 | 24.10 | 23.25 | 25.05 |
Capex to Sales |
0.17 | 0.26 | 0.28 | 0.30 | 0.31 | 0.27 | 0.24 | 0.29 | 0.33 | 0.46 |
Price to Operating Income |
10.88 | 11.69 | 14.88 | 19.00 | 17.01 | 17.85 | 15.43 | 14.27 | 13.81 | 15.12 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
Cash ROIC |
4.41% | 0.58% | 1.52% | 0.37% | (0.09%) | (0.74%) | (0.86%) | 1.49% | 1.16% | (3.19%) |
Accounts Receivable Turnover |
6.58 | 5.90 | 5.84 | 6.12 | 6.09 | 6.14 | 5.77 | 5.35 | 5.42 | 5.25 |
Accounts Payable Turnover |
3.16 | 3.28 | 3.34 | 3.00 | 2.59 | 3.51 | 3.96 | 3.05 | 2.61 | 2.87 |
Inventory Turnover |
4.15 | 5.01 | 5.33 | 4.88 | 4.30 | 5.69 | 6.04 | 4.03 | 3.34 | 4.04 |
Average Days of Payables |
118.78 | 111.19 | 110.39 | 123.73 | 138.59 | 110.87 | 100.33 | 102.55 | 156.27 | 127.42 |
Days of Inventory on Hand |
81.01 | 69.70 | 69.05 | 74.91 | 83.18 | 70.09 | 67.58 | 88.67 | 111.75 | 89.79 |
Average Receivables |
1,135.15 | 1,296.20 | 1,315.80 | 1,228.70 | 1,189.65 | 1,354.25 | 1,662.05 | 1,660.80 | 1,586.25 | 1,866.00 |
Average Payables |
838.45 | 860.70 | 868.15 | 892.25 | 894.40 | 943.20 | 1,101.90 | 1,047.35 | 1,016.85 | 1,138.60 |
Average Inventory |
637.30 | 563.30 | 543.60 | 549.00 | 539.20 | 582.20 | 721.45 | 791.15 | 794.20 | 808.30 |
Average Assets |
29,739.20 | 30,856.85 | 32,533.15 | 34,213.80 | 35,989.95 | 38,008.30 | 40,430.30 | 42,905.90 | 45,651.45 | 49,440.75 |
Average Common Equity |
8,792.30 | 9,195.60 | 9,636.85 | 10,018.25 | 10,428.15 | 10,857.50 | 11,334.55 | 11,813.65 | 12,406.30 | 13,396.95 |
Columns are period end dates