WEC Energy Group, Inc. (WEC) - Income Statement

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WEC
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106.51 (USD) • At close August 29, 2025

Overview | Financials

Numbers are in millions (except for per share data and ratios) USD.

	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985
Revenue Numbers are in millions	8,599.9	8,893	9,597.4	8,316	7,241.7	7,523.1	7,679.5	7,648.5	7,472.3	5,926.1	4,997.1	4,519	4,246.4	4,486.4	4,202.5	4,127.9	4,431	4,237.8	3,996.4	3,815.5	3,431.1	4,054.3	3,736.2	3,928.5	3,354.7	2,272.7	1,979.9	1,789.6	1,773.9	1,770.5	1,742.2	1,643.7	1,551.8	1,538.9	1,442.5	1,493.4	1,540.7	1,364.6	1,411.1	1,440.9
Cost of Revenue Numbers are in millions	4,814	5,291.7	6,296.9	5,316.5	4,351.7	4,863.6	5,168.4	4,878.9	4,818.7	3,949.4	3,371.8	2,982.1	2,760.5	3,155.2	3,178.9	1,971.7	2,461.6	996.4	802	776.7	591.7	570.8	594.1	660.1	682.1	588.1	486.2	444.7	331.9	345.4	328.5	0	0	0	0	0	0	0	0	0
Gross Profit Numbers are in millions	3,785.9	3,601.3	3,300.5	2,999.5	2,890	2,659.5	2,511.1	2,769.6	2,653.6	1,976.7	1,625.3	1,536.9	1,485.9	1,331.2	1,023.6	2,129.2	1,966.2	3,241.4	3,194.4	3,038.8	2,814.4	2,737.5	2,456.9	3,268.4	2,680.6	1,684.5	1,553.2	1,344.9	1,442	1,425.1	1,413.7	0	0	0	0	0	0	0	0	0
Gross Profit Ratio Numbers are in millions	0.44	0.405	0.344	0.361	0.399	0.354	0.327	0.362	0.355	0.334	0.325	0.34	0.35	0.297	0.244	0.516	0.444	0.765	0.799	0.796	0.82	0.675	0.658	0.832	0.799	0.741	0.784	0.752	0.813	0.805	0.811	0	0	0	0	0	0	0	0	0
Reseach & Development Expenses Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
General & Administrative Expenses Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling & Marketing Expenses Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
SG&A Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Expenses Numbers are in millions	1,633.1	1,693.3	1,376.3	1,284.6	1,183.9	1,128.1	1,042.7	993.5	957.3	726.2	513.2	456.8	485.6	443.9	213.2	1,468.9	1,307	2,612.9	2,625.9	2,475.9	2,284.4	2,255.3	2,035.4	2,663.5	2,235.7	1,228.9	1,162.5	1,126.6	1,005.4	947.8	1,020.9	0	0	0	0	0	0	0	0	0
Operating Expenses Numbers are in millions	1,633.1	1,693.3	1,376.3	1,284.6	1,183.9	1,128.1	1,042.7	993.5	957.3	726.2	513.2	456.8	485.6	443.9	213.2	1,468.9	1,307	2,612.9	2,625.9	2,475.9	2,284.4	2,255.3	2,035.4	2,663.5	2,235.7	1,228.9	1,162.5	1,126.6	1,005.4	947.8	1,020.9	0	0	0	0	0	0	0	0	0
Operating Income Numbers are in millions	2,152.8	1,908	1,924.2	1,714.9	1,706.1	1,531.4	1,468.4	1,785.2	1,682.1	1,250.5	1,112.1	1,080.1	1,000.3	887.3	810.4	663.7	172.5	628.5	568.5	562.9	356.9	550.8	458	604.9	444.9	455.7	374.8	218.3	436.5	477.3	392.8	1,643.7	1,551.8	1,538.9	1,442.5	1,493.4	1,540.7	1,364.6	1,411.1	1,440.9
Operating Income Ratio Numbers are in millions	0.25	0.215	0.2	0.206	0.236	0.204	0.191	0.233	0.225	0.211	0.223	0.239	0.236	0.198	0.193	0.161	0.039	0.148	0.142	0.148	0.104	0.136	0.123	0.154	0.133	0.201	0.189	0.122	0.246	0.27	0.225	1	1	1	1	1	1	1	1	1
Total Other Income Expenses Net Numbers are in millions	-406.5	-371.7	-191.6	-216.1	-276.8	-271.7	-238.1	-187.7	-189.6	-176.4	-162.1	-164.8	-147.7	-110.6	-106.1	-65.8	403.2	-75.6	-81	-110.1	-154.4	-102.8	-148.8	-246	-164.8	-135.5	-94.5	-133.6	-89	-97.5	-83.6	-1,643.7	-1,551.8	-1,538.9	-1,442.5	-1,493.4	-1,540.7	-1,364.6	-1,411.1	-1,440.9
Income Before Tax Numbers are in millions	1,746.3	1,536.3	1,732.6	1,498.8	1,429.3	1,259.7	1,230.3	1,588.4	1,506.7	1,074.1	950	915.3	852.6	776.7	704.3	594.5	575.7	552.9	487.5	452.8	202.5	379.4	272.7	358.9	280.1	320.1	284.3	84.7	347.5	379.8	309.2	0	0	0	0	0	0	0	0	0
Income Before Tax Ratio Numbers are in millions	0.203	0.173	0.181	0.18	0.197	0.167	0.16	0.208	0.202	0.181	0.19	0.203	0.201	0.173	0.168	0.144	0.13	0.13	0.122	0.119	0.059	0.094	0.073	0.091	0.083	0.141	0.144	0.047	0.196	0.215	0.177	0	0	0	0	0	0	0	0	0
Income Tax Expense Numbers are in millions	222	204.6	322.9	200.3	227.9	125	169.8	383.5	566.5	433.8	361.7	337.9	306.3	263.9	249.9	217.3	217.1	216.4	175	149.2	80.3	135.1	105.7	150.4	125.9	111.1	96.2	24	129.4	145.8	128.3	-188.5	-169.7	-189.3	-186.7	-194	-183.2	-169.5	-157.7	-167.5
Net Income Numbers are in millions	1,528.4	1,332.9	1,409.3	1,301.5	1,201.1	1,135.2	1,060.5	1,204.9	940.2	640.3	588.3	577.4	546.3	526.2	456.5	382.4	359.1	335.6	316.4	308.7	306.4	244.3	167	219	154.2	209	188.1	60.7	218.1	234	180.9	188.5	169.7	189.3	186.7	194	183.2	169.5	157.7	167.5
Net Income Ratio Numbers are in millions	0.178	0.15	0.147	0.157	0.166	0.151	0.138	0.158	0.126	0.108	0.118	0.128	0.129	0.117	0.109	0.093	0.081	0.079	0.079	0.081	0.089	0.06	0.045	0.056	0.046	0.092	0.095	0.034	0.123	0.132	0.104	0.115	0.109	0.123	0.129	0.13	0.119	0.124	0.112	0.116
EPS Numbers are in millions	4.81	4.22	4.46	4.12	3.8	3.6	3.36	3.81	2.98	2.36	2.61	2.54	2.37	2.26	1.95	1.64	1.54	1.44	1.35	1.32	1.3	1.05	0.59	0.94	0.64	0.9	0.83	0.27	0.99	1.07	0.84	0.9	0.84	0.62	0.62	0.64	0.61	0.57	0.26	0.27
EPS Diluted Numbers are in millions	4.83	4.22	4.45	4.11	3.79	3.58	3.35	3.79	2.96	2.34	2.59	2.51	2.35	2.24	1.93	1.62	1.52	1.42	1.34	1.31	1.29	1.03	0.59	0.93	0.64	0.9	0.83	0.27	0.99	1.07	0.84	0.9	0.84	0.62	0.62	0.64	0.61	0.57	0.26	0.27
EBITDA Numbers are in millions	3,916.1	3,527.9	3,370.3	3,044.2	2,898.9	2,687.5	2,521.2	2,802.7	2,672	1,989	1,608.5	1,563.4	1,472.5	1,348.9	1,228.1	1,094.8	1,060.1	966.5	934	912.9	882.6	867.8	783.3	1,014.7	845.1	778.3	679.6	491.9	1,773.8	718.1	627.1	1,643.7	1,551.8	1,538.9	1,442.5	1,493.4	1,540.7	1,364.6	1,411.1	1,440.9
EBITDA Ratio Numbers are in millions	0.455	0.397	0.351	0.366	0.4	0.357	0.328	0.366	0.358	0.336	0.322	0.346	0.347	0.301	0.292	0.265	0.239	0.228	0.234	0.239	0.257	0.214	0.21	0.258	0.252	0.342	0.343	0.275	1	0.406	0.36	1	1	1	1	1	1	1	1	1

WEC Energy Group, Inc.

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