WEC ENERGY GROUP, INC. Annual Operating Margin in % from 2011 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Wec Energy Group, Inc. quarterly/annual Operating Margin history and growth rate from 2011 to 2023.
  • Wec Energy Group, Inc. Operating Margin for the quarter ending June 30, 2024 was 23.1 %, a 14% increase year-over-year.
  • Wec Energy Group, Inc. annual Operating Margin for 2023 was 21.5 %, a 7.03% increase from 2022.
  • Wec Energy Group, Inc. annual Operating Margin for 2022 was 20.1 %, a 2.76% decline from 2021.
  • Wec Energy Group, Inc. annual Operating Margin for 2021 was 20.6 %, a 12.5% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 21.5 +1.41 +7.03% Jan 1, 2023 Dec 31, 2023
2022 20.1 -0.57 -2.76% Jan 1, 2022 Dec 31, 2022
2021 20.6 -2.94 -12.5% Jan 1, 2021 Dec 31, 2021
2020 23.6 +3.2 +15.7% Jan 1, 2020 Dec 31, 2020
2019 20.4 +1.23 +6.43% Jan 1, 2019 Dec 31, 2019
2018 19.1 -4.1 -17.7% Jan 1, 2018 Dec 31, 2018
2017 23.2 +0.52 +2.29% Jan 1, 2017 Dec 31, 2017
2016 22.7 +1.6 +7.58% Jan 1, 2016 Dec 31, 2016
2015 21.1 -1.15 -5.17% Jan 1, 2015 Dec 31, 2015
2014 22.3 -1.65 -6.9% Jan 1, 2014 Dec 31, 2014
2013 23.9 +0.34 +1.44% Jan 1, 2013 Dec 31, 2013
2012 23.6 +3.78 +19.1% Jan 1, 2012 Dec 31, 2012
2011 19.8 Jan 1, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.