Wec Energy Group, Inc. financial data

Symbol
WEC on NYSE
Industry
Electric & Other Services Combined
Location
231 W Michigan St, P O Box 1331, Milwaukee, Wisconsin
State of incorporation
Wisconsin
Fiscal year end
December 31
Former names
WISCONSIN ENERGY CORP (to 6/29/2015)
Latest financial report
10-Q - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 60 % -15.6%
Operating Margin 23.1 % +14%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 316M shares +0.2%
Common Stock, Shares, Outstanding 316M shares +0.2%
Entity Public Float 27.8B USD -12.3%
Common Stock, Value, Issued 3.2M USD 0%
Weighted Average Number of Shares Outstanding, Basic 316M shares +0.16%
Weighted Average Number of Shares Outstanding, Diluted 316M shares +0.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 8.63B USD -7.03%
Costs and Expenses 6.64B USD -10.3%
Operating Income (Loss) 1.99B USD +5.98%
Nonoperating Income (Expense) -414M USD -51.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.58B USD -1.77%
Income Tax Expense (Benefit) 211M USD -17.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 224M USD +310%
Accounts Receivable, after Allowance for Credit Loss, Current 1.24B USD -5.51%
Other Assets, Current 186M USD +149%
Assets, Current 2.58B USD +5.15%
Property, Plant and Equipment, Net 32.3B USD +4.04%
Operating Lease, Right-of-Use Asset 32M USD +104%
Goodwill 3.05B USD 0%
Other Assets, Noncurrent 331M USD -6.04%
Assets 44.6B USD +3.63%
Accounts Payable, Current 800M USD +6.87%
Contract with Customer, Liability, Current 171M USD
Liabilities, Current 3.49B USD -14.8%
Long-term Debt and Lease Obligation 16.9B USD +8.33%
Deferred Income Tax Liabilities, Net 5.27B USD +10.3%
Operating Lease, Liability, Noncurrent 38.8M USD +52.8%
Other Liabilities, Noncurrent 794M USD -4.54%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.8M USD -13%
Retained Earnings (Accumulated Deficit) 7.92B USD +4.61%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 12.4B USD +3.02%
Liabilities and Equity 44.6B USD +3.63%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 864M USD +8.48%
Net Cash Provided by (Used in) Financing Activities -477M USD -214%
Net Cash Provided by (Used in) Investing Activities -436M USD +65.6%
Common Stock, Shares Authorized 650M shares +100%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -49.1M USD +9.41%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 303M USD +116%
Interest Paid, Excluding Capitalized Interest, Operating Activities 159M USD +47.5%
Deferred Tax Assets, Valuation Allowance 5M USD +317%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 852M USD -7.73%
Operating Lease, Liability 43.5M USD +48%
Payments to Acquire Property, Plant, and Equipment 445M USD -11%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.37B USD +1.41%
Lessee, Operating Lease, Liability, to be Paid 100M USD +167%
Operating Lease, Liability, Current 4.7M USD +17.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.6M USD +30.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.4M USD +30.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +58.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 56.5M USD +598%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.8M USD +52.6%
Unrecognized Tax Benefits 4.6M USD -27%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.7M USD +46.2%
Depreciation, Depletion and Amortization 1.31B USD +11%
Deferred Tax Assets, Net of Valuation Allowance 847M USD -8.15%
Interest Expense 769M USD +22.3%