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, WI
State of incorporation
WI
Fiscal year end
December 31
Former names
WISCONSIN ENERGY CORP (to 6/29/2015)
Latest financial report
10-Q - Q3 2024 - Nov 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 61.2 % -7.31%
Operating Margin 22.3 % +5.79%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 316M shares +0.29%
Common Stock, Shares, Outstanding 316M shares +0.29%
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 +0.25%
Weighted Average Number of Shares Outstanding, Diluted 317M shares +0.22%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 8.53B USD -7.59%
Costs and Expenses 6.63B USD -9.02%
Operating Income (Loss) 1.9B USD -2.24%
Nonoperating Income (Expense) -431M USD -26.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.47B USD -8.41%
Income Tax Expense (Benefit) 183M USD -24.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 323M USD +603%
Accounts Receivable, after Allowance for Credit Loss, Current 1.18B USD -5.45%
Other Assets, Current 156M USD +77.8%
Assets, Current 2.62B USD +7.19%
Property, Plant and Equipment, Net 32.9B USD +4.4%
Operating Lease, Right-of-Use Asset 32M USD +104%
Goodwill 3.05B USD 0%
Other Assets, Noncurrent 326M USD -13.7%
Assets 45.2B USD +4.04%
Accounts Payable, Current 741M USD -14.6%
Contract with Customer, Liability, Current 171M USD
Liabilities, Current 4.01B USD -1.58%
Long-term Debt and Lease Obligation 16.9B USD +5.85%
Deferred Income Tax Liabilities, Net 5.32B USD +10.1%
Operating Lease, Liability, Noncurrent 38.8M USD +52.8%
Other Liabilities, Noncurrent 823M USD -0.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.9M USD -12.9%
Retained Earnings (Accumulated Deficit) 7.9B USD +3.34%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 12.4B USD +2.4%
Liabilities and Equity 45.2B USD +4.04%

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 361M USD +155%
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 1.29B USD -5.2%
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 1.34B USD +9.04%
Deferred Tax Assets, Net of Valuation Allowance 847M USD -8.15%
Interest Expense 790M USD +15.6%