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
Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 57.3 % -22.1%
Operating Margin 23.6 % +21.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 316 M shares +0.12%
Common Stock, Shares, Outstanding 316 M shares +0.12%
Entity Public Float 27.8 B USD -12.3%
Common Stock, Value, Issued 3.2 M USD 0%
Weighted Average Number of Shares Outstanding, Basic 316 M shares +0.06%
Weighted Average Number of Shares Outstanding, Diluted 316 M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 8.69 B USD -9.32%
Costs and Expenses 6.63 B USD -14%
Operating Income (Loss) 2.05 B USD +10.2%
Nonoperating Income (Expense) -387 M USD -59.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.66 B USD +2.82%
Income Tax Expense (Benefit) 218 M USD -19.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 38.9 M USD +8.96%
Accounts Receivable, after Allowance for Credit Loss, Current 1.56 B USD -12.6%
Other Assets, Current 186 M USD +180%
Assets, Current 2.6 B USD -8.24%
Property, Plant and Equipment, Net 31.7 B USD +4.45%
Operating Lease, Right-of-Use Asset 32 M USD +104%
Goodwill 3.05 B USD 0%
Other Assets, Noncurrent 382 M USD +7%
Assets 43.9 B USD +2.64%
Accounts Payable, Current 641 M USD -5.75%
Contract with Customer, Liability, Current 171 M USD
Liabilities, Current 4.71 B USD +25.1%
Long-term Debt and Lease Obligation 15.4 B USD -2.85%
Deferred Income Tax Liabilities, Net 5.12 B USD +8.86%
Operating Lease, Liability, Noncurrent 38.8 M USD +52.8%
Other Liabilities, Noncurrent 806 M USD -55.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.8 M USD -13%
Retained Earnings (Accumulated Deficit) 7.97 B USD +5.91%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 12.4 B USD +3.66%
Liabilities and Equity 43.9 B USD +2.64%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 864 M USD +8.48%
Net Cash Provided by (Used in) Financing Activities -477 M USD -214%
Net Cash Provided by (Used in) Investing Activities -436 M USD +65.6%
Common Stock, Shares Authorized 325 M shares 0%
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 -49.1 M USD +9.41%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 116 M USD -9.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 159 M USD +47.5%
Deferred Tax Assets, Valuation Allowance 5 M USD +317%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 852 M USD -7.73%
Operating Lease, Liability 43.5 M USD +48%
Payments to Acquire Property, Plant, and Equipment 445 M USD -11%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.45 B USD +7.4%
Lessee, Operating Lease, Liability, to be Paid 100 M USD +167%
Operating Lease, Liability, Current 4.7 M USD +17.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.6 M USD +30.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.4 M USD +30.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +58.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 56.5 M USD +598%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.8 M USD +52.6%
Unrecognized Tax Benefits 4.6 M USD -27%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.7 M USD +46.2%
Depreciation, Depletion and Amortization 1.29 B USD +12.4%
Deferred Tax Assets, Net of Valuation Allowance 847 M USD -8.15%
Interest Expense 747 M USD +31.1%