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%
Market cap
$34.6B
P/E
21.0×
Fwd P/E
20.2×
Dividend yield
3.44%
F-score
5/9
Altman Z
1.05
Beneish M
−2.45
Dividend safety
38/100
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
ROE
10.68% 13.09% 10.99% 11.32% 11.51% 11.98% 12.42% 11.27% 12.31% 11.63%
ROA
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

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