WEC
Income statement / Annual
Last year (2024), WEC Energy Group, Inc.'s total revenue was $8.60 B,
a decrease of 3.30% from the previous year.
In 2024, WEC Energy Group, Inc.'s net income was $1.52 B.
See WEC Energy Group, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$8.60 B |
$8.89 B |
$9.60 B |
$8.32 B |
$7.24 B |
$7.52 B |
$7.68 B |
$7.65 B |
$7.47 B |
$5.93 B |
| Cost of Revenue |
$4.81 B
|
$5.29 B
|
$6.30 B
|
$5.32 B
|
$4.35 B
|
$4.86 B
|
$5.17 B
|
$4.87 B
|
$4.83 B
|
$3.95 B
|
| Gross Profit |
$3.79 B
|
$3.60 B
|
$3.30 B
|
$3.00 B
|
$2.89 B
|
$2.66 B
|
$2.51 B
|
$2.78 B
|
$2.64 B
|
$1.98 B
|
| Gross Profit Ratio |
0.44
|
0.4
|
0.34
|
0.36
|
0.4
|
0.35
|
0.33
|
0.36
|
0.35
|
0.33
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$0.00
|
$91.80 M
|
$97.40 M
|
$68.60 M
|
$35.50 M
|
$30.10 M
|
$18.90 M
|
$1.90 M
|
$14.20 M
|
$0.00
|
| Other Expenses |
$1.63 B
|
$1.60 B
|
$1.38 B
|
$1.28 B
|
$1.18 B
|
$1.13 B
|
$70.30 M
|
$64.60 M
|
$80.80 M
|
$58.90 M
|
| Operating Expenses |
$1.63 B
|
$1.69 B
|
$1.38 B
|
$1.28 B
|
$1.18 B
|
$1.13 B
|
$1.04 B
|
$993.50 M
|
$957.30 M
|
$726.20 M
|
| Cost And Expenses |
$6.45 B
|
$6.99 B
|
$7.67 B
|
$6.60 B
|
$5.54 B
|
$5.99 B
|
$6.21 B
|
$5.86 B
|
$5.79 B
|
$4.68 B
|
| Interest Income |
$17.20 M
|
$0.00
|
$516.30 M
|
$472.30 M
|
$494.90 M
|
$502.70 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$815.30 M
|
$726.90 M
|
$515.10 M
|
$471.10 M
|
$493.70 M
|
$501.50 M
|
$445.10 M
|
$415.70 M
|
$402.70 M
|
$331.40 M
|
| Depreciation & Amortization |
$1.35 B
|
$1.26 B
|
$1.12 B
|
$1.07 B
|
$975.90 M
|
$926.30 M
|
$845.80 M
|
$798.60 M
|
$762.60 M
|
$583.50 M
|
| EBITDA |
$3.52 B |
$3.53 B |
$3.15 B |
$2.86 B |
$2.72 B |
$2.49 B |
$2.34 B |
$2.58 B |
$2.44 B |
$1.83 B |
| EBITDA Ratio |
0.41
|
0.4
|
0.33
|
0.34
|
0.38
|
0.33
|
0.3
|
0.34
|
0.33
|
0.31
|
| Operating Income Ratio |
0.25
|
0.21
|
0.2
|
0.21
|
0.24
|
0.2
|
0.19
|
0.23
|
0.23
|
0.21
|
| Total Other Income/Expenses Net |
-$406.50 M
|
-$371.70 M
|
-$191.60 M
|
-$216.10 M
|
-$276.80 M
|
-$271.70 M
|
-$238.10 M
|
-$187.70 M
|
-$189.60 M
|
-$176.40 M
|
| Income Before Tax |
$1.75 B
|
$1.54 B
|
$1.73 B
|
$1.50 B
|
$1.43 B
|
$1.26 B
|
$1.23 B
|
$1.59 B
|
$1.51 B
|
$1.07 B
|
| Income Before Tax Ratio |
0.2
|
0.17
|
0.18
|
0.18
|
0.2
|
0.17
|
0.16
|
0.21
|
0.2
|
0.18
|
| Income Tax Expense |
$222.00 M
|
$204.60 M
|
$322.90 M
|
$200.30 M
|
$227.90 M
|
$125.00 M
|
$169.80 M
|
$383.50 M
|
$566.50 M
|
$433.80 M
|
| Net Income |
$1.52 B
|
$1.33 B
|
$1.41 B
|
$1.30 B
|
$1.20 B
|
$1.14 B
|
$1.06 B
|
$1.20 B
|
$940.20 M
|
$640.30 M
|
| Net Income Ratio |
0.18
|
0.15
|
0.15
|
0.16
|
0.17
|
0.15
|
0.14
|
0.16
|
0.13
|
0.11
|
| EPS |
4.81 |
4.22 |
4.46 |
4.12 |
3.8 |
3.6 |
3.36 |
3.81 |
2.98 |
2.36 |
| EPS Diluted |
4.81 |
4.22 |
4.45 |
4.11 |
3.79 |
3.58 |
3.35 |
3.79 |
2.96 |
2.34 |
| Weighted Average Shares Out |
$316.20 M
|
$315.40 M
|
$315.40 M
|
$315.40 M
|
$315.40 M
|
$315.40 M
|
$315.50 M
|
$315.60 M
|
$315.60 M
|
$271.10 M
|
| Weighted Average Shares Out Diluted |
$316.50 M
|
$315.90 M
|
$316.10 M
|
$316.30 M
|
$316.50 M
|
$316.70 M
|
$316.90 M
|
$317.20 M
|
$316.90 M
|
$272.70 M
|
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