WEC Financial Statements From 2010 to 2024

WEC Stock  USD 100.66  0.30  0.30%   
WEC Energy financial statements provide useful quarterly and yearly information to potential WEC Energy Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on WEC Energy financial statements helps investors assess WEC Energy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting WEC Energy's valuation are summarized below:
Gross Profit
3.3 B
Profit Margin
0.1514
Market Capitalization
31.8 B
Enterprise Value Revenue
5.9605
Revenue
8.5 B
We have found one hundred twenty available fundamental measures for WEC Energy, which can be analyzed and compared to other ratios and to its peers in the sector. Investors should ensure to confirm all of WEC Energy's latest performance against the performance from 2010 to 2024 to make sure the company is sustainable for few more years. The current year's Market Cap is expected to grow to about 28.9 B. The current year's Enterprise Value is expected to grow to about 30.2 B

WEC Energy Total Revenue

9.34 Billion

Check WEC Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WEC Energy's main balance sheet or income statement drivers, such as Total Revenue of 9.3 B, Gross Profit of 2.5 B or Operating Income of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.13, Dividend Yield of 0.0388 or PTB Ratio of 1.54. WEC financial statements analysis is a perfect complement when working with WEC Energy Valuation or Volatility modules.
  
Check out the analysis of WEC Energy Correlation against competitors.

WEC Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding269.4 M315.9 M280 M
Slightly volatile
Total Assets46.1 B43.9 B28.7 B
Slightly volatile
Short and Long Term Debt Total19.7 B18.8 B11 B
Slightly volatile
Total Current Liabilities5.4 B5.1 BB
Slightly volatile
Total Stockholder Equity12.3 B11.8 B8.2 B
Slightly volatile
Property Plant And Equipment Net33.2 B31.6 B19.9 B
Slightly volatile
Net Debt19.7 B18.8 B10.9 B
Slightly volatile
Retained EarningsB7.6 B5.3 B
Slightly volatile
Accounts Payable534.4 M896.6 M688.6 M
Slightly volatile
Cash54.8 M42.9 M37.5 M
Pretty Stable
Non Current Assets Total43.2 B41.1 B26.6 B
Slightly volatile
Cash And Short Term Investments54.8 M42.9 M37.5 M
Pretty Stable
Net Receivables796.2 M1.5 BB
Slightly volatile
Liabilities And Stockholders Equity46.1 B43.9 B28.7 B
Slightly volatile
Non Current Liabilities Total28.1 B26.8 B17.4 B
Slightly volatile
Inventory468.6 M775.2 M517.2 M
Slightly volatile
Other Current Assets307 M474.4 M205.6 M
Slightly volatile
Other Stockholder Equity2.5 B4.1 B3.6 B
Slightly volatile
Total Liabilities33.5 B31.9 B20.4 B
Slightly volatile
Total Current Assets1.7 B2.8 BB
Slightly volatile
Short Term Debt3.5 B3.3 B1.7 B
Slightly volatile
Common Stock3.5 M3.7 M266.9 M
Slightly volatile
Current Deferred Revenue285.6 M356.4 M293.4 M
Slightly volatile
Common Stock Total Equity2.1 M3.7 M2.8 M
Slightly volatile
Property Plant And Equipment Gross43.8 B41.7 B22.6 B
Slightly volatile
Other Liabilities13.1 B12.5 B7.8 B
Slightly volatile
Other Assets8.4 BB3.9 B
Slightly volatile
Long Term Debt16.1 B15.4 B9.4 B
Slightly volatile
Good Will3.7 B3.5 B2.3 B
Slightly volatile
Preferred Stock Total Equity24.3 M27.4 M29.8 M
Slightly volatile
Intangible Assets781.9 M594.8 M675.5 M
Pretty Stable
Property Plant Equipment35.2 B33.5 B20.2 B
Slightly volatile
Net Tangible Assets7.9 B9.6 B7.4 B
Slightly volatile
Long Term Debt Total9.2 B17 B9.1 B
Slightly volatile
Non Current Liabilities Other1.2 B1.3 B2.9 B
Pretty Stable
Long Term Investments1.7 BB1.3 B
Slightly volatile
Short and Long Term Debt2.5 B3.3 B3.1 B
Slightly volatile
Capital Surpluse3.4 B3.7 B4.2 B
Slightly volatile
Cash And Equivalents30.7 M26 M36.7 M
Pretty Stable
Net Invested Capital27.5 B30.4 B23.1 B
Slightly volatile
Capital Stock26.9 M30.2 M32.9 M
Slightly volatile
Capital Lease Obligations125 M145.9 M73.7 M
Slightly volatile

WEC Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue9.3 B8.9 B6.6 B
Slightly volatile
Gross Profit2.5 B4.4 B2.5 B
Slightly volatile
Operating Income1.1 B1.9 B1.4 B
Slightly volatile
EBIT1.2 B2.2 B1.5 B
Slightly volatile
EBITDA3.6 B3.4 B2.4 B
Slightly volatile
Net Income1.4 B1.3 B935.4 M
Slightly volatile
Depreciation And Amortization1.3 B1.3 B778 M
Slightly volatile
Other Operating Expenses4.3 BBB
Slightly volatile
Cost Of Revenue2.5 B4.5 B3.9 B
Slightly volatile
Total Operating Expenses1.2 B1.7 B1.1 B
Slightly volatile
Income Before Tax841 M1.5 B1.2 B
Slightly volatile
Net Income Applicable To Common Shares1.7 B1.6 B973 M
Slightly volatile
Discontinued Operations4.2 M4.7 M5.1 M
Slightly volatile
Net Income From Continuing Ops973.7 M1.3 B919.8 M
Slightly volatile
Non Operating Income Net Other189.6 M372 M191.6 M
Slightly volatile
Tax Provision237.5 M242 M338.5 M
Slightly volatile
Interest Income325.2 M368.5 M282.4 M
Slightly volatile
Reconciled Depreciation1.1 B1.3 B913.3 M
Slightly volatile
Preferred Stock And Other Adjustments960 K1.1 M1.2 M
Slightly volatile

WEC Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow191.3 M182.2 M72.7 M
Slightly volatile
Dividends PaidB984.2 M607.8 M
Slightly volatile
Capital Expenditures2.6 B2.5 B1.6 B
Slightly volatile
Total Cash From Operating Activities3.2 BB1.9 B
Slightly volatile
End Period Cash Flow173.5 M165.2 M78.8 M
Slightly volatile
Depreciation751.6 M1.3 B734.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.132.98522.6904
Slightly volatile
Dividend Yield0.03880.03710.0332
Pretty Stable
PTB Ratio1.542.25852.23
Slightly volatile
Days Sales Outstanding45.1161.696657.0108
Slightly volatile
Book Value Per Share40.1938.273628.0326
Slightly volatile
Operating Cash Flow Per Share10.059.57016.3193
Slightly volatile
Stock Based Compensation To Revenue0.00460.00420.0043
Pretty Stable
Capex To Depreciation1.711.97192.0718
Pretty Stable
PB Ratio1.542.25852.23
Slightly volatile
EV To Sales2.585.09414.0992
Slightly volatile
ROIC0.0640.0550.0607
Slightly volatile
Inventory Turnover3.785.74747.1578
Pretty Stable
Net Income Per Share4.444.22613.1872
Slightly volatile
Days Of Inventory On Hand60.3363.506857.8819
Slightly volatile
Payables Turnover3.424.96925.7419
Slightly volatile
Capex To Revenue0.180.28030.2222
Slightly volatile
Cash Per Share0.130.1360.5333
Slightly volatile
POCF Ratio6.98.79519.9334
Slightly volatile
Interest Coverage2.742.62483.5708
Slightly volatile
Payout Ratio0.740.73840.6434
Slightly volatile
Capex To Operating Cash Flow1.160.82590.8642
Slightly volatile
Days Payables Outstanding12273.452269.9967
Slightly volatile
ROE0.0880.11340.1144
Pretty Stable
EV To Operating Cash Flow11.6915.008715.5281
Slightly volatile
PE Ratio13.6719.916918.847
Slightly volatile
Return On Tangible Assets0.02690.03260.0359
Slightly volatile
Earnings Yield0.07220.05020.0575
Slightly volatile
Intangibles To Total Assets0.05180.06950.0703
Pretty Stable
Net Debt To EBITDA3.415.43814.4224
Slightly volatile
Current Ratio0.940.54660.7947
Slightly volatile
Tangible Book Value Per Share30.0228.594520.9365
Slightly volatile
Receivables Turnover7.65.9166.5171
Slightly volatile
Graham Number62.5159.529544.5053
Slightly volatile
Shareholders Equity Per Share39.1337.268927.7521
Slightly volatile
Debt To Equity0.991.55731.2404
Slightly volatile
Capex Per Share8.37.90395.4166
Slightly volatile
Average Receivables788.5 MB984.8 M
Slightly volatile
Revenue Per Share29.6128.195922.8323
Slightly volatile
Interest Debt Per Share63.3660.344637.9333
Slightly volatile
Debt To Assets0.40.41660.3706
Slightly volatile
Enterprise Value Over EBITDA8.4613.135612.3219
Slightly volatile
Short Term Coverage Ratios1.260.91881.2437
Slightly volatile
Price Earnings Ratio13.6719.916918.847
Slightly volatile
Operating Cycle198125121
Very volatile
Price Book Value Ratio1.542.25852.23
Slightly volatile
Days Of Payables Outstanding12273.452269.9967
Slightly volatile
Dividend Payout Ratio0.740.73840.6434
Slightly volatile
Price To Operating Cash Flows Ratio6.98.79519.9334
Slightly volatile
Pretax Profit Margin0.120.17280.1809
Slightly volatile
Ebt Per Ebit0.70.80520.8426
Pretty Stable
Operating Profit Margin0.140.21460.2121
Slightly volatile
Effective Tax Rate0.130.13320.2577
Slightly volatile
Company Equity Multiplier2.743.73813.3612
Pretty Stable
Long Term Debt To Capitalization0.380.5610.5041
Pretty Stable
Total Debt To Capitalization0.430.6090.5466
Pretty Stable
Return On Capital Employed0.07320.04910.0637
Slightly volatile
Debt Equity Ratio0.991.55731.2404
Slightly volatile
Ebit Per Revenue0.140.21460.2121
Slightly volatile
Quick Ratio0.670.3950.582
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.640.86810.875
Slightly volatile
Net Income Per E B T0.570.86760.7237
Slightly volatile
Cash Ratio0.0080.00840.0148
Slightly volatile
Cash Conversion Cycle76.7951.751251.9611
Slightly volatile
Operating Cash Flow Sales Ratio0.180.33940.2622
Very volatile
Days Of Inventory Outstanding60.3363.506857.8819
Slightly volatile
Days Of Sales Outstanding45.1161.696657.0108
Slightly volatile
Cash Flow Coverage Ratios0.220.16490.1897
Slightly volatile
Price To Book Ratio1.542.25852.23
Slightly volatile
Fixed Asset Turnover0.560.28160.3843
Slightly volatile
Capital Expenditure Coverage Ratio0.861.21081.2205
Slightly volatile
Price Cash Flow Ratio6.98.79519.9334
Slightly volatile
Enterprise Value Multiple8.4613.135612.3219
Slightly volatile
Debt Ratio0.40.41660.3706
Slightly volatile
Cash Flow To Debt Ratio0.220.16490.1897
Slightly volatile
Price Sales Ratio3.132.98522.6904
Slightly volatile
Return On Assets0.02560.03030.0337
Slightly volatile
Asset Turnover0.350.20240.2653
Slightly volatile
Net Profit Margin0.0880.14990.133
Slightly volatile
Gross Profit Margin0.660.4990.4265
Pretty Stable
Price Fair Value1.542.25852.23
Slightly volatile
Return On Equity0.0880.11340.1144
Pretty Stable

WEC Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap28.9 B27.6 B23.9 B
Slightly volatile
Enterprise Value30.2 B28.8 B29.8 B
Slightly volatile

WEC Fundamental Market Drivers

Forward Price Earnings19.1939
Cash And Short Term Investments42.9 M

WEC Upcoming Events

1st of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
1st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About WEC Energy Financial Statements

WEC Energy stakeholders use historical fundamental indicators, such as WEC Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although WEC Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in WEC Energy's assets and liabilities are reflected in the revenues and expenses on WEC Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in WEC Energy Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue356.4 M285.6 M
Total Revenue8.9 B9.3 B
Cost Of Revenue4.5 B2.5 B
Capex To Revenue 0.28  0.18 
Revenue Per Share 28.20  29.61 
Ebit Per Revenue 0.21  0.14 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether WEC Energy Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEC Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wec Energy Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wec Energy Group Stock:
Check out the analysis of WEC Energy Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WEC Energy. If investors know WEC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WEC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
3.285
Earnings Share
4.09
Revenue Per Share
27.023
Quarterly Revenue Growth
(0.05)
The market value of WEC Energy Group is measured differently than its book value, which is the value of WEC that is recorded on the company's balance sheet. Investors also form their own opinion of WEC Energy's value that differs from its market value or its book value, called intrinsic value, which is WEC Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WEC Energy's market value can be influenced by many factors that don't directly affect WEC Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WEC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEC Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.