WEC Gross Profit from 2010 to 2025

WEC Stock  USD 99.45  1.42  1.45%   
WEC Energy's Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 2.5 B. Gross Profit is the profit WEC Energy Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
460.1 M
Current Value
775.9 M
Quarterly Volatility
235.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 10.7 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 1.46, 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.

Latest WEC Energy's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of WEC Energy Group over the last few years. Gross profit is a required income statement account that reflects total revenue of WEC Energy Group minus its cost of goods sold. It is profit before WEC Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. WEC Energy's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WEC Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.68 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

WEC Gross Profit Regression Statistics

Arithmetic Mean2,540,059,335
Geometric Mean2,422,845,376
Coefficient Of Variation30.79
Mean Deviation592,232,623
Median2,639,400,000
Standard Deviation781,975,042
Sample Variance611485T
Range2.7B
R-Value0.79
Mean Square Error242049.2T
R-Squared0.63
Significance0.0002
Slope130,424,486
Total Sum of Squares9172274.5T

WEC Gross Profit History

20252.5 B
20244.1 B
20233.6 B
20223.3 B
2021B
20202.9 B
20192.7 B

Other Fundumenentals of WEC Energy Group

WEC Energy Gross Profit component correlations

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0.970.970.950.920.840.970.860.88-0.360.620.950.880.050.970.750.770.870.650.92-0.59-0.71-0.210.75-0.15-0.48
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-0.040.0-0.09-0.130.00.05-0.05-0.05-0.04-0.060.39-0.10.12-0.06-0.410.1-0.130.130.0-0.130.070.0-0.22-0.19-0.03
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0.80.840.710.630.870.770.780.730.62-0.380.710.710.930.10.790.590.780.730.9-0.83-0.370.040.420.02-0.14
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0.940.960.910.830.90.920.940.860.83-0.360.660.920.950.00.940.790.90.950.73-0.68-0.59-0.170.75-0.12-0.32
-0.59-0.65-0.48-0.36-0.73-0.59-0.58-0.53-0.310.33-0.81-0.51-0.83-0.13-0.57-0.3-0.83-0.54-0.64-0.680.16-0.09-0.09-0.230.04
-0.78-0.74-0.83-0.82-0.27-0.71-0.79-0.36-0.850.18-0.14-0.82-0.580.07-0.78-0.73-0.37-0.51-0.32-0.590.160.29-0.740.460.94
-0.23-0.2-0.3-0.29-0.13-0.21-0.24-0.2-0.290.020.2-0.31-0.090.0-0.26-0.140.04-0.29-0.11-0.17-0.090.29-0.440.40.18
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-0.26-0.21-0.33-0.320.14-0.15-0.27-0.03-0.490.00.1-0.3-0.09-0.19-0.25-0.110.02-0.12-0.19-0.12-0.230.460.4-0.420.49
-0.56-0.52-0.61-0.620.01-0.48-0.57-0.09-0.660.09-0.05-0.6-0.37-0.03-0.55-0.48-0.14-0.21-0.16-0.320.040.940.18-0.50.49
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About WEC Energy Financial Statements

WEC Energy stakeholders use historical fundamental indicators, such as WEC Energy's Gross Profit, 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
Gross Profit4.1 B2.5 B
Gross Profit Margin 0.47  0.65 

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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.