Wec Energy Group, Inc.
WEC- Exchange
- NYSE
- Industry
- Electric & Other Services Combined
- SEC CIK
- 0000783325
In the last 90 days, Wec Energy Group, Inc. insiders filed 0 open-market purchases and 1 sale; 1,411 institutions reported holding it in 13F filings for Q2 2026, worth $32.7B in total; Soros Fund Management is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 31, 2026, 1:10 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 5, 2026 | Feb 4, 2025 | Jan 8, 2024 | Feb 2, 2023 | Feb 3, 2022 |
| Revenue | $9.80B | $8.60B | $8.89B | $9.60B | $8.32B |
| Cost of revenue | $3.27B | $2.66B | $3.19B | $4.36B | $3.31B |
| Operating income | $2.24B | $2.15B | $1.91B | $1.92B | $1.71B |
| Interest expense | – | – | $726.9M | $515.1M | $471.1M |
| Income tax | $118.0M | $222.0M | $204.6M | $322.9M | $200.3M |
| Net income | $1.56B | $1.52B | $1.33B | $1.41B | $1.30B |
| EPS, basic | $4.84 | $4.83 | $4.22 | $4.46 | $4.12 |
| EPS, diluted | $4.81 | $4.83 | $4.22 | $4.45 | $4.11 |
| Weighted shares, basic | 321.9M | 316.2M | 315.4M | 315.4M | 315.4M |
| Weighted shares, diluted | 323.8M | 316.5M | 315.9M | 316.1M | 316.3M |
| Margins and growth | |||||
| Operating margin | 22.9% | 25.0% | 21.5% | 20.0% | 20.6% |
| Net margin | 15.9% | 17.7% | 15.0% | 14.7% | 15.6% |
| Revenue growth, year over year | +14.0% | −3.3% | −7.3% | +15.4% | +14.8% |
| Net income growth, year over year | +2.0% | +14.5% | −5.5% | +8.6% | +8.1% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 5, 2026 | Feb 4, 2025 | Jan 8, 2024 | Feb 2, 2023 | Feb 3, 2022 |
| Cash and equivalents | $27.6M | $9.80M | $42.9M | $28.9M | $16.3M |
| Accounts receivable | $2.06B | $1.67B | $1.50B | $1.82B | $1.51B |
| Total current assets | $3.28B | $2.91B | $2.80B | $3.19B | $2.66B |
| Property, plant and equipment | $38.3B | $34.6B | $31.6B | $29.1B | $27.0B |
| Goodwill | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B |
| Total assets | $51.5B | $47.4B | $43.9B | $41.9B | $39.0B |
| Accounts payable | $1.14B | $1.14B | $896.6M | $1.20B | $1.01B |
| Short-term debt | $1.92B | $1.12B | $2.02B | $1.65B | $1.90B |
| Total current liabilities | $5.59B | $4.84B | $5.11B | $4.61B | $3.75B |
| Long-term debt | $18.5B | $17.2B | $15.4B | $14.7B | $13.5B |
| Shareholders' equity | $14.1B | $12.8B | $12.1B | $11.6B | – |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Jan 5, 2026 | Feb 4, 2025 | Jan 8, 2024 | Feb 2, 2023 | Feb 3, 2022 |
| Operating cash flow | $3.38B | $3.21B | $3.02B | $2.06B | $2.03B |
| Capital expenditures | – | – | – | $2.70B | $2.37B |
| Free cash flow | – | – | – | -$636.2M | -$340.0M |
| Depreciation and amortization | $1.48B | $1.35B | $1.26B | $1.12B | $1.07B |
| Stock-based compensation | $48.2M | $39.3M | $9.70M | $34.8M | $15.7M |
| Dividends paid | $1.15B | $1.06B | $984.2M | $917.9M | $854.8M |
| Share buybacks | $1.30M | $3.20M | $16.6M | $69.2M | $33.1M |
| Investing cash flow | -$4.87B | -$3.80B | -$3.56B | -$2.64B | -$2.31B |
| Financing cash flow | $1.52B | $467.7M | $522.8M | $676.4M | $294.0M |
| Net change in cash | $28.7M | -$123.0M | -$17.0M | $94.7M | $14.9M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.5% | 0.5% | 0.1% | 0.4% | 0.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Sep 30, 2026 | 329.0M | +1.1% | SEC |
| Jun 30, 2026 | 325.8M | +1.2% | SEC |
| Mar 31, 2026 | 325.7M | +2.1% | SEC |
| Jan 31, 2026 | 325.5M | +2.4% | SEC |
| Sep 30, 2025 | 325.3M | +2.8% | SEC |
| Jun 30, 2025 | 321.9M | +1.8% | SEC |
| Mar 31, 2025 | 319.1M | +1.0% | SEC |
| Jan 31, 2025 | 317.8M | +0.7% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.