WEC Energy Group Key Executives
This section highlights WEC Energy Group's key executives, including their titles and compensation details.
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WEC Energy Group Earnings
This section highlights WEC Energy Group's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-04 | $1.49 | $1.43 |
| Read Transcript | Q3 | 2024 | 2024-10-31 | $0.70 | $0.82 |
| Read Transcript | Q2 | 2024 | 2024-07-31 | $0.64 | $0.67 |
| Read Transcript | Q1 | 2024 | 2024-05-01 | $1.92 | $1.97 |
| Read Transcript | Q4 | 2023 | 2024-02-01 | $1.10 | $1.10 |
| Read Transcript | Q3 | 2023 | 2023-10-31 | $0.91 | $1.00 |
| Read Transcript | Q2 | 2023 | 2023-08-01 | $0.85 | $0.92 |
| Read Transcript | Q1 | 2023 | 2023-05-01 | $1.59 | $1.61 |
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2021, it operated approximately 35,800 miles of overhead distribution lines and 35,600 miles of underground distribution cables, as well as 440 electric distribution substations and 510,500 line transformers; 50,900 miles of natural gas distribution mains; 1,200 miles of natural gas transmission mains; 2.3 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was incorporated in 1981 and is headquartered in Milwaukee, Wisconsin.
$106.81
Stock Price
$33.73B
Market Cap
-
Employees
Milwaukee, WI
Location
Financial Statements
Access annual & quarterly financial statements for WEC Energy Group, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $8.60B | $8.89B | $9.60B | $8.32B | $7.24B |
| Cost of Revenue | $4.81B | $5.29B | $6.30B | $5.32B | $4.35B |
| Gross Profit | $3.79B | $3.60B | $3.30B | $3.00B | $2.89B |
| Gross Profit Ratio | 44.02% | 40.50% | 34.39% | 36.10% | 39.91% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $- | $91.80M | $97.40M | $68.60M | $35.50M |
| Other Expenses | $1.63B | $1.60B | $1.38B | $1.28B | $1.18B |
| Operating Expenses | $1.63B | $1.69B | $1.38B | $1.28B | $1.18B |
| Cost and Expenses | $6.45B | $6.99B | $7.67B | $6.60B | $5.54B |
| Interest Income | $17.20M | $- | $516.30M | $472.30M | $494.90M |
| Interest Expense | $815.30M | $726.90M | $515.10M | $471.10M | $493.70M |
| Depreciation and Amortization | $1.35B | $1.26B | $1.12B | $1.07B | $975.90M |
| EBITDA | $3.52B | $3.53B | $3.15B | $2.86B | $2.72B |
| EBITDA Ratio | 40.92% | 39.66% | 35.12% | 37.04% | 40.56% |
| Operating Income | $2.15B | $1.91B | $1.92B | $1.71B | $1.71B |
| Operating Income Ratio | 25.03% | 21.46% | 20.05% | 20.62% | 23.56% |
| Total Other Income Expenses Net | $-406.50M | $-371.70M | $-191.60M | $-216.10M | $-276.80M |
| Income Before Tax | $1.75B | $1.54B | $1.73B | $1.50B | $1.43B |
| Income Before Tax Ratio | 20.31% | 17.28% | 18.05% | 18.02% | 19.74% |
| Income Tax Expense | $222.00M | $204.60M | $322.90M | $200.30M | $227.90M |
| Net Income | $1.52B | $1.33B | $1.41B | $1.30B | $1.20B |
| Net Income Ratio | 17.72% | 14.99% | 14.68% | 15.65% | 16.59% |
| EPS | $4.81 | $4.22 | $4.46 | $4.12 | $3.80 |
| EPS Diluted | $4.81 | $4.22 | $4.45 | $4.11 | $3.79 |
| Weighted Average Shares Outstanding | 316.20M | 315.40M | 315.40M | 315.40M | 315.40M |
| Weighted Average Shares Outstanding Diluted | 316.50M | 315.90M | 316.10M | 316.30M | 316.50M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.28B | $1.86B | $1.77B | $2.68B | $2.22B | $1.96B | $1.83B | $2.89B | $2.56B | $2.00B | $2.13B | $2.91B | $2.20B | $1.75B | $1.68B | $2.69B | $1.93B | $1.65B | $1.55B | $2.11B |
| Cost of Revenue | $1.28B | $1.09B | $1.31B | $1.74B | $1.09B | $1.10B | $1.03B | $1.84B | $1.82B | $1.26B | $1.38B | $1.84B | $1.55B | $1.03B | $989.70M | $1.75B | $1.26B | $981.50M | $917.60M | $1.19B |
| Gross Profit | $1.01B | $775.90M | $460.10M | $944.20M | $1.13B | $853.40M | $801.00M | $1.04B | $742.70M | $743.60M | $743.90M | $1.07B | $655.00M | $712.10M | $686.50M | $945.90M | $671.20M | $669.50M | $631.10M | $918.20M |
| Gross Profit Ratio | 44.07% | 41.60% | 26.00% | 35.20% | 51.00% | 43.60% | 43.80% | 36.20% | 29.00% | 37.10% | 35.00% | 36.80% | 29.70% | 40.80% | 41.00% | 35.10% | 34.72% | 40.55% | 40.75% | 43.55% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $- | $- | $13.90M | $14.70M | $553.90M | $22.80M | $21.20M | $23.90M | $100.00K | $31.50M | $32.10M | $33.70M | $1.00M | $23.00M | $21.30M | $23.30M | $3.50M | $9.80M | $5.80M | $16.40M |
| Other Expenses | $415.80M | $392.20M | $-67.50M | $-75.50M | $-57.70M | $41.80M | $48.30M | $375.10M | $362.30M | $339.40M | $335.70M | $338.90M | $35.50M | $25.20M | $39.70M | $32.80M | $19.60M | $25.70M | $28.60M | $5.60M |
| Operating Expenses | $415.80M | $392.20M | $67.50M | $75.50M | $611.60M | $381.40M | $375.70M | $375.10M | $362.30M | $339.40M | $335.70M | $338.90M | $328.20M | $322.10M | $317.70M | $316.60M | $300.70M | $299.30M | $292.30M | $291.60M |
| Cost and Expenses | $1.69B | $1.46B | $1.38B | $1.81B | $1.70B | $1.49B | $1.40B | $2.22B | $2.18B | $1.60B | $1.72B | $2.18B | $1.88B | $1.36B | $1.31B | $2.06B | $1.56B | $1.28B | $1.21B | $1.48B |
| Interest Income | $10.60M | $- | $- | $- | $- | $182.80M | $172.80M | $172.50M | $150.50M | $127.80M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $211.90M | $204.20M | $200.60M | $192.00M | $193.50M | $182.50M | $178.70M | $172.20M | $150.20M | $127.50M | $119.80M | $117.60M | $113.60M | $118.00M | $120.00M | $119.50M | $117.90M | $122.00M | $124.40M | $129.40M |
| Depreciation and Amortization | $344.00M | $340.50M | $336.60M | $333.40M | $324.50M | $320.30M | $313.90M | $305.50M | $284.60M | $280.30M | $279.60M | $278.10M | $275.10M | $271.60M | $266.20M | $261.40M | $249.30M | $245.00M | $242.50M | $239.10M |
| EBITDA | $1.07B | $814.90M | $788.80M | $1.24B | $758.10M | $878.80M | $831.10M | $1.06B | $746.10M | $782.90M | $750.60M | $1.09B | $635.80M | $729.10M | $716.00M | $966.10M | $629.00M | $681.00M | $662.80M | $911.10M |
| EBITDA Ratio | 46.85% | 43.73% | 41.15% | 44.85% | 38.10% | 44.90% | 45.42% | 36.68% | 29.16% | 39.09% | 35.27% | 37.51% | 30.40% | 41.75% | 42.72% | 35.90% | 35.30% | 41.25% | 42.80% | 43.21% |
| Operating Income | $590.90M | $383.70M | $392.60M | $868.70M | $520.30M | $472.00M | $425.30M | $669.30M | $380.40M | $404.20M | $408.20M | $731.40M | $326.80M | $390.00M | $368.80M | $629.30M | $370.50M | $370.20M | $338.80M | $626.60M |
| Operating Income Ratio | 25.87% | 20.59% | 22.16% | 32.41% | 23.46% | 24.11% | 23.24% | 23.17% | 14.87% | 20.18% | 19.18% | 25.15% | 14.84% | 22.33% | 22.00% | 23.38% | 19.16% | 22.42% | 21.88% | 29.72% |
| Total Other Income Expenses Net | $-76.70M | $-113.50M | $-113.20M | $-103.10M | $-101.30M | $-96.00M | $-86.80M | $-87.60M | $-69.20M | $-29.10M | $-57.00M | $-36.30M | $-82.50M | $-50.50M | $-39.00M | $-44.10M | $-93.70M | $-56.20M | $-42.90M | $-84.00M |
| Income Before Tax | $514.20M | $270.20M | $251.60M | $710.30M | $240.10M | $376.00M | $338.50M | $581.70M | $311.20M | $375.10M | $351.20M | $695.10M | $244.30M | $339.50M | $329.80M | $585.20M | $276.80M | $314.00M | $295.90M | $542.60M |
| Income Before Tax Ratio | 22.51% | 14.50% | 14.20% | 26.50% | 10.83% | 19.21% | 18.50% | 20.14% | 12.16% | 18.73% | 16.50% | 23.90% | 11.09% | 19.44% | 19.68% | 21.74% | 14.32% | 19.02% | 19.11% | 25.73% |
| Income Tax Expense | $61.10M | $31.60M | $41.60M | $87.70M | $21.60M | $60.40M | $48.50M | $74.10M | $59.00M | $73.40M | $63.40M | $127.10M | $20.50M | $50.80M | $54.10M | $74.90M | $37.20M | $46.90M | $53.80M | $90.00M |
| Net Income | $453.80M | $240.40M | $211.60M | $622.60M | $218.80M | $316.30M | $290.00M | $507.80M | $253.00M | $302.00M | $287.50M | $565.90M | $224.20M | $290.00M | $276.00M | $510.10M | $239.00M | $266.80M | $241.60M | $452.50M |
| Net Income Ratio | 19.87% | 12.90% | 11.94% | 23.23% | 9.87% | 16.16% | 15.85% | 17.58% | 9.89% | 15.08% | 13.51% | 19.46% | 10.18% | 16.60% | 16.47% | 18.95% | 12.36% | 16.16% | 15.60% | 21.46% |
| EPS | $1.43 | $0.76 | $0.67 | $1.97 | $0.69 | $1.00 | $0.92 | $1.61 | $0.80 | $0.96 | $0.91 | $1.79 | $0.71 | $0.92 | $0.88 | $1.62 | $0.76 | $0.85 | $0.77 | $1.43 |
| EPS Diluted | $1.43 | $0.76 | $0.67 | $1.97 | $0.69 | $1.00 | $0.92 | $1.61 | $0.80 | $0.96 | $0.91 | $1.79 | $0.71 | $0.92 | $0.87 | $1.61 | $0.76 | $0.84 | $0.76 | $1.43 |
| Weighted Average Shares Outstanding | 317.10M | 316.20M | 315.90M | 315.60M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M | 315.40M |
| Weighted Average Shares Outstanding Diluted | 317.50M | 316.50M | 316.20M | 315.90M | 315.80M | 315.80M | 315.90M | 315.90M | 315.90M | 316.20M | 316.20M | 316.20M | 316.20M | 316.30M | 316.30M | 316.20M | 316.50M | 316.50M | 316.50M | 316.70M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $9.80M | $42.90M | $28.90M | $16.30M | $24.80M |
| Short Term Investments | $- | $- | $1.91B | $- | $- |
| Cash and Short Term Investments | $9.80M | $42.90M | $28.90M | $16.30M | $24.80M |
| Net Receivables | $1.67B | $1.50B | $1.82B | $1.51B | $1.20B |
| Inventory | $813.20M | $775.20M | $807.10M | $635.80M | $528.60M |
| Other Current Assets | $419.40M | $474.40M | $533.30M | $498.90M | $326.80M |
| Total Current Assets | $2.91B | $2.80B | $3.19B | $2.66B | $2.08B |
| Property Plant Equipment Net | $34.65B | $31.58B | $29.11B | $26.98B | $25.71B |
| Goodwill | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B |
| Intangible Assets | $- | $- | $24.90M | $5.70M | $- |
| Goodwill and Intangible Assets | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B |
| Long Term Investments | $2.11B | $2.01B | $1.91B | $1.79B | $1.76B |
| Tax Assets | $- | $- | $4.63B | $4.15B | $3.52B |
| Other Non-Current Assets | $4.64B | $4.50B | $-17.00M | $361.10M | $896.50M |
| Total Non-Current Assets | $44.45B | $41.14B | $38.68B | $36.33B | $34.95B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $47.36B | $43.94B | $41.87B | $38.99B | $37.03B |
| Account Payables | $1.14B | $896.60M | $1.20B | $1.01B | $880.70M |
| Short Term Debt | $2.85B | $3.29B | $2.60B | $2.07B | $2.57B |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $370.70M | $389.20M | $174.00M |
| Other Current Liabilities | $859.20M | $933.10M | $811.90M | $-101.20M | $523.90M |
| Total Current Liabilities | $4.84B | $5.11B | $4.61B | $3.75B | $4.15B |
| Long Term Debt | $17.18B | $15.51B | $14.51B | $13.57B | $11.73B |
| Deferred Revenue Non-Current | $- | $356.40M | $370.70M | $389.20M | $412.20M |
| Deferred Tax Liabilities Non-Current | $5.51B | $4.92B | $4.63B | $4.31B | $4.06B |
| Other Non-Current Liabilities | $7.03B | $5.97B | $6.14B | $5.86B | $6.02B |
| Total Non-Current Liabilities | $29.72B | $26.75B | $25.64B | $24.12B | $22.22B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $34.56B | $31.87B | $30.26B | $27.88B | $26.37B |
| Preferred Stock | $- | $30.40M | $30.40M | $30.40M | $30.40M |
| Common Stock | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M |
| Retained Earnings | $8.08B | $7.61B | $7.27B | $6.78B | $6.33B |
| Accumulated Other Comprehensive Income Loss | $-7.80M | $-7.70M | $-6.80M | $-3.20M | $-6.80M |
| Other Total Stockholders Equity | $4.32B | $4.12B | $4.12B | $4.14B | $4.14B |
| Total Stockholders Equity | $12.39B | $11.75B | $11.41B | $10.94B | $10.50B |
| Total Equity | $12.77B | $12.07B | $11.62B | $11.11B | $10.66B |
| Total Liabilities and Stockholders Equity | $47.36B | $43.94B | $41.87B | $38.99B | $37.03B |
| Minority Interest | $376.50M | $316.90M | $209.30M | $169.70M | $162.40M |
| Total Liabilities and Total Equity | $47.36B | $43.94B | $41.87B | $38.99B | $37.03B |
| Total Investments | $2.11B | $2.01B | $3.82B | $1.79B | $1.76B |
| Total Debt | $20.02B | $18.80B | $17.29B | $15.59B | $14.29B |
| Net Debt | $20.01B | $18.75B | $17.27B | $15.57B | $14.27B |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $9.80M | $322.50M | $275.30M | $82.50M | $42.90M | $45.90M | $54.70M | $35.70M | $28.90M | $28.50M | $30.30M | $33.80M | $16.30M | $26.00M | $35.00M | $26.10M | $24.80M | $13.10M | $13.30M | $15.40M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $1.91B | $1.88B | $1.84B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $9.80M | $322.50M | $275.30M | $82.50M | $42.90M | $45.90M | $54.70M | $35.70M | $28.90M | $28.50M | $30.30M | $33.80M | $16.30M | $26.00M | $35.00M | $26.10M | $24.80M | $13.10M | $13.30M | $15.40M |
| Net Receivables | $1.67B | $1.18B | $1.24B | $1.56B | $1.50B | $1.24B | $1.32B | $1.78B | $1.82B | $1.32B | $1.58B | $1.64B | $1.51B | $1.10B | $1.18B | $1.37B | $1.20B | $911.80M | $957.90M | $1.18B |
| Inventory | $813.20M | $789.90M | $695.80M | $608.60M | $775.20M | $749.90M | $603.70M | $523.50M | $807.10M | $924.60M | $572.20M | $368.80M | $635.80M | $645.70M | $452.70M | $353.50M | $528.60M | $573.40M | $467.70M | $391.10M |
| Other Current Assets | $419.40M | $331.30M | $421.60M | $400.10M | $474.40M | $404.60M | $484.10M | $498.70M | $533.30M | $496.10M | $458.10M | $524.30M | $498.90M | $633.40M | $607.70M | $606.00M | $326.80M | $228.90M | $274.50M | $261.90M |
| Total Current Assets | $2.91B | $2.62B | $2.58B | $2.60B | $2.80B | $2.44B | $2.46B | $2.84B | $3.19B | $2.77B | $2.64B | $2.56B | $2.66B | $2.41B | $2.28B | $2.36B | $2.08B | $1.73B | $1.71B | $1.85B |
| Property Plant Equipment Net | $34.65B | $32.85B | $32.26B | $31.73B | $31.58B | $31.47B | $31.01B | $30.38B | $29.11B | $28.58B | $27.63B | $27.11B | $26.98B | $26.62B | $26.27B | $25.99B | $25.71B | $24.55B | $24.17B | $23.80B |
| Goodwill | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B |
| Intangible Assets | $- | $- | $29.30M | $34.50M | $594.80M | $608.20M | $621.60M | $29.30M | $24.90M | $17.40M | $5.70M | $5.70M | $5.70M | $5.70M | $5.70M | $5.70M | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B | $3.05B |
| Long Term Investments | $2.11B | $2.08B | $2.08B | $2.06B | $2.01B | $1.98B | $1.96B | $1.92B | $1.91B | $1.88B | $1.84B | $1.82B | $1.79B | $1.79B | $1.78B | $1.77B | $1.76B | $1.75B | $1.74B | $1.72B |
| Tax Assets | $- | $- | $5.27B | $5.12B | $4.92B | $4.83B | $4.77B | $4.70B | $4.63B | $4.52B | $4.49B | $4.43B | $4.31B | $4.30B | $4.27B | $4.21B | $4.06B | $3.97B | $3.95B | $3.87B |
| Other Non-Current Assets | $4.64B | $4.59B | $-667.60M | $-641.00M | $-414.70M | $-338.20M | $-231.40M | $-99.70M | $-17.00M | $-38.90M | $-44.70M | $4.50M | $198.70M | $229.40M | $146.00M | $210.20M | $360.80M | $365.20M | $413.40M | $549.30M |
| Total Non-Current Assets | $44.45B | $42.58B | $42.00B | $41.32B | $41.14B | $41.00B | $40.56B | $39.96B | $38.68B | $37.99B | $36.96B | $36.41B | $36.33B | $35.99B | $35.52B | $35.25B | $34.95B | $33.69B | $33.33B | $32.99B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $47.36B | $45.20B | $44.58B | $43.93B | $43.94B | $43.44B | $43.02B | $42.80B | $41.87B | $40.76B | $39.61B | $38.97B | $38.99B | $38.40B | $37.79B | $37.60B | $37.03B | $35.42B | $35.04B | $34.83B |
| Account Payables | $1.14B | $740.70M | $799.90M | $640.90M | $896.60M | $867.70M | $748.50M | $680.00M | $1.20B | $1.16B | $1.08B | $693.70M | $1.01B | $872.80M | $744.60M | $656.00M | $880.70M | $751.30M | $696.60M | $597.90M |
| Short Term Debt | $2.85B | $2.42B | $1.92B | $3.21B | $3.29B | $2.26B | $2.47B | $2.07B | $2.60B | $1.43B | $1.80B | $1.61B | $2.07B | $2.01B | $1.92B | $2.37B | $2.57B | $1.37B | $2.11B | $1.52B |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $345.50M | $351.10M | $356.40M | $360.40M | $363.50M | $367.00M | $370.70M | $374.20M | $378.70M | $383.80M | $389.20M | $394.90M | $400.70M | $406.40M | $412.20M | $417.80M | $423.70M | $428.50M |
| Other Current Liabilities | $859.20M | $848.00M | $773.00M | $854.10M | $215.60M | $943.80M | $517.10M | $1.02B | $811.90M | $785.00M | $936.10M | $957.30M | $-101.20M | $419.30M | $310.50M | $691.50M | $-126.50M | $721.50M | $681.50M | $728.30M |
| Total Current Liabilities | $4.84B | $4.01B | $3.49B | $4.71B | $5.11B | $4.07B | $4.10B | $3.77B | $4.61B | $3.37B | $3.82B | $3.26B | $3.75B | $3.69B | $3.37B | $3.71B | $4.15B | $2.84B | $3.48B | $2.85B |
| Long Term Debt | $17.48B | $16.89B | $17.07B | $15.52B | $15.21B | $16.11B | $15.76B | $15.94B | $14.51B | $15.09B | $13.70B | $13.64B | $13.57B | $12.74B | $12.70B | $12.32B | $11.73B | $11.72B | $10.79B | $11.24B |
| Deferred Revenue Non-Current | $334.60M | $339.90M | $345.50M | $351.10M | $356.40M | $360.40M | $363.50M | $367.00M | $370.70M | $374.20M | $378.70M | $383.80M | $389.20M | $394.90M | $400.70M | $406.40M | $412.20M | $417.80M | $423.70M | $428.50M |
| Deferred Tax Liabilities Non-Current | $5.51B | $5.32B | $5.27B | $5.12B | $4.92B | $4.83B | $4.77B | $4.70B | $4.63B | $4.52B | $4.49B | $4.43B | $4.31B | $4.30B | $4.27B | $4.21B | $4.06B | $3.97B | $3.95B | $3.87B |
| Other Non-Current Liabilities | $6.39B | $6.24B | $6.01B | $5.80B | $6.27B | $5.97B | $5.99B | $6.03B | $6.14B | $5.80B | $5.72B | $5.81B | $5.86B | $6.17B | $6.02B | $5.98B | $6.02B | $5.91B | $5.91B | $5.96B |
| Total Non-Current Liabilities | $29.72B | $28.80B | $28.70B | $26.79B | $26.75B | $27.27B | $26.89B | $27.04B | $25.64B | $25.80B | $24.30B | $24.27B | $24.12B | $23.60B | $23.39B | $22.92B | $22.22B | $22.02B | $21.06B | $21.50B |
| Other Liabilities | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $34.56B | $32.81B | $32.19B | $31.50B | $31.87B | $31.34B | $30.99B | $30.81B | $30.26B | $29.16B | $28.12B | $27.53B | $27.88B | $27.29B | $26.76B | $26.63B | $26.37B | $24.86B | $24.55B | $24.35B |
| Preferred Stock | $- | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M | $30.40M |
| Common Stock | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M | $3.20M |
| Retained Earnings | $8.08B | $7.90B | $7.92B | $7.97B | $7.61B | $7.64B | $7.57B | $7.53B | $7.27B | $7.24B | $7.17B | $7.11B | $6.78B | $6.76B | $6.69B | $6.63B | $6.33B | $6.29B | $6.22B | $6.18B |
| Accumulated Other Comprehensive Income Loss | $-7.80M | $-7.90M | $-7.80M | $-7.80M | $-7.70M | $-7.00M | $-6.90M | $-6.90M | $-6.80M | $-3.20M | $-3.20M | $-3.20M | $-3.20M | $-3.60M | $-4.60M | $-5.70M | $-6.80M | $-6.40M | $-7.30M | $-7.10M |
| Other Total Stockholders Equity | $29.15B | $4.19B | $4.17B | $4.15B | $4.12B | $4.12B | $4.11B | $4.11B | $4.12B | $4.11B | $4.12B | $4.13B | $4.14B | $4.14B | $4.14B | $4.14B | $4.14B | $4.16B | $4.17B | $4.17B |
| Total Stockholders Equity | $37.23B | $12.11B | $12.11B | $12.14B | $11.75B | $11.78B | $11.71B | $11.67B | $11.41B | $11.39B | $11.32B | $11.27B | $10.94B | $10.94B | $10.86B | $10.80B | $10.50B | $10.48B | $10.41B | $10.37B |
| Total Equity | $37.63B | $12.39B | $12.39B | $12.43B | $12.07B | $12.10B | $12.03B | $11.99B | $11.62B | $11.60B | $11.49B | $11.44B | $11.11B | $11.11B | $11.03B | $10.97B | $10.66B | $10.56B | $10.49B | $10.48B |
| Total Liabilities and Stockholders Equity | $47.36B | $45.20B | $44.58B | $43.93B | $43.94B | $43.44B | $43.02B | $42.80B | $41.87B | $40.76B | $39.61B | $38.97B | $38.99B | $38.40B | $37.79B | $37.60B | $37.03B | $35.42B | $35.04B | $34.83B |
| Minority Interest | $406.90M | $278.80M | $281.10M | $283.00M | $316.90M | $316.90M | $319.60M | $320.70M | $209.30M | $210.20M | $169.60M | $170.90M | $169.70M | $167.70M | $169.10M | $170.10M | $162.40M | $78.00M | $78.60M | $110.10M |
| Total Liabilities and Total Equity | $47.36B | $45.20B | $44.58B | $43.93B | $43.94B | $43.44B | $43.02B | $42.80B | $41.87B | $40.76B | $39.61B | $38.97B | $38.99B | $38.40B | $37.79B | $37.60B | $37.03B | $35.42B | $35.04B | $34.83B |
| Total Investments | $2.11B | $2.08B | $2.08B | $2.06B | $2.01B | $1.98B | $1.96B | $1.92B | $3.82B | $3.75B | $3.67B | $1.82B | $1.79B | $1.79B | $1.78B | $1.77B | $1.76B | $1.75B | $1.74B | $1.72B |
| Total Debt | $20.33B | $19.31B | $18.83B | $18.59B | $18.80B | $18.22B | $18.08B | $17.90B | $17.29B | $16.34B | $15.33B | $15.13B | $15.59B | $14.68B | $14.61B | $14.69B | $14.29B | $13.02B | $12.83B | $12.72B |
| Net Debt | $20.32B | $18.99B | $18.55B | $18.51B | $18.75B | $18.17B | $18.02B | $17.86B | $17.27B | $16.31B | $15.30B | $15.09B | $15.57B | $14.66B | $14.58B | $14.66B | $14.27B | $13.01B | $12.81B | $12.70B |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $1.53B | $1.33B | $1.41B | $1.30B | $1.20B |
| Depreciation and Amortization | $1.35B | $1.26B | $1.12B | $1.07B | $975.90M |
| Deferred Income Tax | $- | $219.40M | $280.10M | $151.10M | $209.40M |
| Stock Based Compensation | $6.40M | $- | $34.80M | $15.70M | $35.70M |
| Change in Working Capital | $- | $234.40M | $-340.80M | $-306.80M | $-51.80M |
| Accounts Receivables | $- | $340.60M | $-282.10M | $-331.50M | $16.10M |
| Inventory | $- | $41.90M | $-171.30M | $-107.20M | $21.20M |
| Accounts Payables | $99.70M | $-254.00M | $121.50M | $126.90M | $-61.30M |
| Other Working Capital | $- | $105.90M | $-8.90M | $5.00M | $-27.80M |
| Other Non Cash Items | $323.70M | $-31.30M | $-445.70M | $-159.30M | $-109.80M |
| Net Cash Provided by Operating Activities | $3.21B | $3.02B | $2.06B | $2.03B | $2.20B |
| Investments in Property Plant and Equipment | $-2.78B | $-2.49B | $-2.33B | $-2.25B | $-2.24B |
| Acquisitions Net | $-1.04B | $-1.08B | $-427.50M | $-119.90M | $-625.70M |
| Purchases of Investments | $- | $- | $-45.50M | $-18.70M | $-37.80M |
| Sales Maturities of Investments | $- | $10.40M | $15.40M | $18.70M | $56.20M |
| Other Investing Activities | $17.80M | $3.00M | $149.30M | $60.90M | $39.30M |
| Net Cash Used for Investing Activities | $-3.80B | $-3.56B | $-2.64B | $-2.31B | $-2.81B |
| Debt Repayment | $1.42B | $1.54B | $1.65B | $1.24B | $1.55B |
| Common Stock Issued | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-3.20M | $-16.60M | $-69.20M | $-33.10M | $-99.20M |
| Dividends Paid | $-1.06B | $-984.20M | $-917.90M | $-854.80M | $-798.00M |
| Other Financing Activities | $107.00M | $-13.90M | $8.90M | $-60.70M | $-54.40M |
| Net Cash Used Provided by Financing Activities | $467.70M | $522.80M | $676.40M | $294.00M | $601.10M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-123.00M | $-17.00M | $94.70M | $14.90M | $-9.70M |
| Cash at End of Period | $42.20M | $165.20M | $182.20M | $87.50M | $72.60M |
| Cash at Beginning of Period | $165.20M | $182.20M | $87.50M | $72.60M | $82.30M |
| Operating Cash Flow | $3.21B | $3.02B | $2.06B | $2.03B | $2.20B |
| Capital Expenditure | $-2.78B | $-2.49B | $-2.33B | $-2.25B | $-2.24B |
| Free Cash Flow | $430.70M | $525.50M | $-273.40M | $-220.10M | $-42.80M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $453.50M | $237.00M | $211.60M | $622.60M | $218.80M | $315.60M | $290.00M | $507.60M | $252.20M | $301.70M | $287.80M | $568.00M | $223.80M | $288.70M | $275.70M | $510.30M | $239.60M | $267.10M | $242.10M | $452.60M |
| Depreciation and Amortization | $344.00M | $340.50M | $336.60M | $333.40M | $324.50M | $320.30M | $313.90M | $305.50M | $284.60M | $280.30M | $279.60M | $278.10M | $275.10M | $271.60M | $266.20M | $261.40M | $249.30M | $245.00M | $242.50M | $239.10M |
| Deferred Income Tax | $- | $46.80M | $137.20M | $184.30M | $63.50M | $42.50M | $56.90M | $56.50M | $92.30M | $24.60M | $59.40M | $103.80M | $-6.90M | $-6.40M | $34.80M | $129.60M | $56.90M | $9.00M | $51.40M | $92.10M |
| Stock Based Compensation | $- | $- | $- | $- | $9.70M | $- | $- | $- | $34.80M | $- | $- | $- | $15.70M | $- | $- | $- | $35.70M | $- | $- | $- |
| Change in Working Capital | $-556.40M | $104.80M | $337.40M | $-280.80M | $-287.80M | $142.30M | $344.70M | $-9.10M | $-456.80M | $-213.00M | $156.60M | $172.40M | $-406.60M | $257.40M | $268.00M | $-425.60M | $-217.80M | $61.50M | $161.70M | $-57.20M |
| Accounts Receivables | $-485.50M | $86.80M | $298.50M | $-61.30M | $-260.10M | $37.50M | $502.50M | $60.70M | $-448.30M | $161.80M | $168.40M | $-164.00M | $-374.50M | $166.60M | $313.50M | $-437.10M | $-246.20M | $38.80M | $217.60M | $-3.50M |
| Inventory | $-23.30M | $-94.10M | $-87.20M | $166.60M | $-25.30M | $-146.10M | $-80.30M | $293.60M | $117.50M | $-352.40M | $-203.40M | $267.00M | $9.90M | $-193.00M | $-99.20M | $175.10M | $44.80M | $-105.70M | $-76.60M | $158.70M |
| Accounts Payables | $- | $-61.40M | $139.50M | $-229.80M | $96.60M | $37.80M | $36.30M | $-424.70M | $39.30M | $80.70M | $295.30M | $-293.80M | $142.00M | $104.20M | $62.20M | $-181.50M | $117.60M | $9.40M | $61.80M | $-250.10M |
| Other Working Capital | $-47.60M | $173.50M | $-13.40M | $-156.30M | $-99.00M | $213.10M | $-113.80M | $61.30M | $-165.30M | $-103.10M | $-103.70M | $363.20M | $-184.00M | $179.60M | $-8.50M | $17.90M | $-380.20M | $157.80M | $176.50M | $37.70M |
| Other Non Cash Items | $340.70M | $47.30M | $306.80M | $778.20M | $998.80M | $-26.90M | $-40.30M | $-64.40M | $-205.90M | $-96.70M | $-97.60M | $-45.50M | $-61.30M | $-21.50M | $-5.20M | $-71.30M | $-72.90M | $-12.30M | $11.50M | $-36.10M |
| Net Cash Provided by Operating Activities | $581.80M | $776.40M | $1.01B | $846.40M | $480.00M | $784.10M | $958.20M | $796.10M | $1.20M | $296.90M | $685.80M | $1.08B | $26.00M | $780.50M | $831.00M | $395.20M | $246.30M | $570.10M | $689.10M | $690.50M |
| Investments in Property Plant and Equipment | $-846.40M | $-796.30M | $-693.90M | $-444.50M | $-763.40M | $-655.80M | $-574.30M | $-499.40M | $-633.40M | $-671.90M | $-645.30M | $-383.50M | $-624.90M | $-617.80M | $-539.50M | $-470.60M | $-620.10M | $-581.50M | $-541.10M | $-496.10M |
| Acquisitions Net | $-895.80M | $-14.90M | $-97.30M | $-12.10M | $-5.50M | $-18.20M | $-266.30M | $-774.10M | $-25.20M | $-372.00M | $-9.20M | $-21.10M | $-100.00K | $-100.00K | $-300.00K | $-119.40M | $-610.50M | $-6.20M | $-6.00M | $-3.00M |
| Purchases of Investments | $- | $-15.20M | $-18.20M | $-12.10M | $-12.20M | $-18.20M | $-27.20M | $-6.10M | $-6.10M | $-9.10M | $-9.20M | $-21.10M | $- | $- | $- | $-12.70M | $620.10M | $- | $541.10M | $-17.00M |
| Sales Maturities of Investments | $- | $- | $- | $14.80M | $-55.80M | $18.20M | $27.20M | $10.40M | $6.10M | $9.10M | $9.20M | $15.40M | $6.00M | $- | $- | $12.70M | $39.10M | $- | $100.00K | $17.00M |
| Other Investing Activities | $-7.10M | $24.00M | $-5.20M | $5.60M | $-5.40M | $3.70M | $7.10M | $1.30M | $2.10M | $-4.50M | $55.20M | $51.00M | $1.90M | $3.80M | $6.50M | $48.70M | $-672.30M | $30.80M | $-537.30M | $36.10M |
| Net Cash Used for Investing Activities | $-1.75B | $-802.40M | $-814.60M | $-436.20M | $-786.50M | $-670.30M | $-833.50M | $-1.27B | $-656.50M | $-1.05B | $-599.30M | $-338.20M | $-623.10M | $-614.10M | $-533.30M | $-541.30M | $-1.24B | $-556.90M | $-543.20M | $-463.00M |
| Debt Repayment | $488.00M | $381.70M | $232.50M | $-204.10M | $581.70M | $139.20M | $137.20M | $679.40M | $572.10M | $1.01B | $-33.70M | $-463.30M | $848.90M | $68.90M | $-63.60M | $388.80M | $1.29B | $195.10M | $90.10M | $-17.60M |
| Common Stock Issued | $112.40M | $21.50M | $19.00M | $19.20M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $-1.20M | $-2.00M | $-5.90M | $-1.20M | $-2.60M | $-6.90M | $-900.00K | $-19.90M | $-25.00M | $-23.40M | $-17.40M | $-4.40M | $-4.70M | $-6.60M | $-42.50M | $-6.40M | $-9.90M | $-40.40M |
| Dividends Paid | $-265.00M | $-264.00M | $-263.70M | $-263.50M | $-246.10M | $-246.00M | $-246.00M | $-246.10M | $-229.40M | $-229.50M | $-229.40M | $-229.60M | $-213.60M | $-213.70M | $-213.80M | $-213.70M | $-199.50M | $-199.50M | $-199.50M | $-199.50M |
| Other Financing Activities | $625.70M | $1.00M | $-22.60M | $-26.10M | $600.00K | $-4.50M | $-1.20M | $-8.80M | $379.70M | $-1.30M | $186.90M | $9.80M | $-42.50M | $-7.70M | $-5.50M | $-5.40M | $-34.30M | $-3.60M | $-29.90M | $13.40M |
| Net Cash Used Provided by Financing Activities | $848.70M | $131.50M | $-36.00M | $-476.50M | $330.30M | $-112.50M | $-112.60M | $417.60M | $721.50M | $762.60M | $-101.20M | $-706.50M | $575.40M | $-156.90M | $-287.60M | $163.10M | $1.01B | $-14.40M | $-149.20M | $-244.10M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $-70.40M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-318.80M | $85.70M | $192.80M | $-30.50M | $-46.60M | $1.30M | $12.10M | $-54.20M | $66.20M | $11.10M | $-14.70M | $32.10M | $-21.70M | $9.50M | $10.10M | $17.00M | $11.40M | $-1.20M | $-3.30M | $-16.60M |
| Cash at End of Period | $42.20M | $361.00M | $275.30M | $82.50M | $42.90M | $141.40M | $140.10M | $128.00M | $182.20M | $116.00M | $104.90M | $119.60M | $87.50M | $109.20M | $99.70M | $89.60M | $72.60M | $61.20M | $62.40M | $65.70M |
| Cash at Beginning of Period | $361.00M | $275.30M | $82.50M | $113.00M | $89.50M | $140.10M | $128.00M | $182.20M | $116.00M | $104.90M | $119.60M | $87.50M | $109.20M | $99.70M | $89.60M | $72.60M | $61.20M | $62.40M | $65.70M | $82.30M |
| Operating Cash Flow | $581.80M | $729.00M | $1.01B | $846.40M | $480.00M | $784.10M | $958.20M | $796.10M | $1.20M | $296.90M | $685.80M | $1.08B | $26.00M | $780.50M | $831.00M | $395.20M | $246.30M | $570.10M | $689.10M | $690.50M |
| Capital Expenditure | $-846.40M | $-796.30M | $-693.90M | $-444.50M | $-763.40M | $-655.80M | $-574.30M | $-499.40M | $-633.40M | $-671.90M | $-645.30M | $-383.50M | $-624.90M | $-617.80M | $-539.50M | $-470.60M | $-620.10M | $-581.50M | $-541.10M | $-496.10M |
| Free Cash Flow | $-264.60M | $-67.30M | $313.30M | $401.90M | $-283.40M | $128.30M | $383.90M | $296.70M | $-632.20M | $-375.00M | $40.50M | $693.30M | $-598.90M | $162.70M | $291.50M | $-75.40M | $-373.80M | $-11.40M | $148.00M | $194.40M |
WEC Energy Group Dividends
Explore WEC Energy Group's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
3.55%
Dividend Payout Ratio
69.29%
Dividend Paid & Capex Coverage Ratio
0.84x
WEC Energy Group Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.8925 | $0.8925 | February 14, 2025 | February 14, 2025 | March 01, 2025 | December 05, 2024 |
| $0.835 | $0.835 | November 14, 2024 | November 14, 2024 | December 01, 2024 | October 17, 2024 |
| $0.835 | $0.835 | August 14, 2024 | August 14, 2024 | September 01, 2024 | July 18, 2024 |
| $0.835 | $0.835 | May 13, 2024 | May 14, 2024 | June 01, 2024 | April 18, 2024 |
| $0.835 | $0.835 | February 13, 2024 | February 14, 2024 | March 01, 2024 | December 20, 2023 |
| $0.78 | $0.78 | November 13, 2023 | November 14, 2023 | December 01, 2023 | October 19, 2023 |
| $0.78 | $0.78 | August 11, 2023 | August 14, 2023 | September 01, 2023 | July 20, 2023 |
| $0.78 | $0.78 | May 11, 2023 | May 12, 2023 | June 01, 2023 | April 20, 2023 |
| $0.78 | $0.78 | February 13, 2023 | February 14, 2023 | March 01, 2023 | December 13, 2022 |
| $0.728 | $0.7275 | November 10, 2022 | November 14, 2022 | December 01, 2022 | October 20, 2022 |
| $0.728 | $0.7275 | August 11, 2022 | August 12, 2022 | September 01, 2022 | July 21, 2022 |
| $0.728 | $0.7275 | May 12, 2022 | May 13, 2022 | June 01, 2022 | April 21, 2022 |
| $0.7275 | $0.7275 | February 11, 2022 | February 14, 2022 | March 01, 2022 | December 02, 2021 |
| $0.678 | $0.6775 | November 10, 2021 | November 12, 2021 | December 01, 2021 | October 21, 2021 |
| $0.678 | $0.6775 | August 12, 2021 | August 13, 2021 | September 01, 2021 | July 15, 2021 |
| $0.6775 | $0.6775 | May 13, 2021 | May 14, 2021 | June 01, 2021 | April 15, 2021 |
| $0.6775 | $0.6775 | February 11, 2021 | February 14, 2021 | March 01, 2021 | December 03, 2020 |
| $0.6325 | $0.6325 | November 12, 2020 | November 13, 2020 | December 01, 2020 | October 15, 2020 |
| $0.6325 | $0.6325 | August 13, 2020 | August 14, 2020 | September 01, 2020 | July 16, 2020 |
| $0.6325 | $0.6325 | May 13, 2020 | May 14, 2020 | June 01, 2020 | April 16, 2020 |
WEC Energy Group News
Read the latest news about WEC Energy Group, including recent articles, headlines, and updates.
WEC Energy: Capitalizing On AI And Energy Infrastructure Expansion
WEC Energy is poised to benefit from the AI boom, with energy consumption expected to grow significantly, driving demand for its services. The company has a diversified portfolio and plans to increase its focus on electricity generation and distribution while reducing natural gas distribution. Despite declining revenues, WEC Energy has improved operational efficiency, growing earnings per share and offering an attractive 3.5% dividend yield.
WEC Energy: Buy Now After The Latest Dividend Hike
WEC Energy Group just raised its quarterly dividend per share for the 22nd consecutive year. The electric and gas utility should be able to deliver on its 6.5% to 7% annual adjusted diluted EPS growth forecast. WEC Energy's financial health can support its five-year $28 billion capital spending plan.
WEC Energy Group, Inc. (WEC) Q4 2024 Earnings Call Transcript
WEC Energy Group, Inc. (NYSE:WEC ) Q4 2024 Earnings Conference Call February 4, 2025 2:00 PM ET Company Participants Scott Lauber - President and Chief Executive Officer Xia Liu - Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Bill Appicelli - UBS Durgesh Chopra - Evercore ISI Carly Davenport - Goldman Sachs Julien Dumoulin-Smith - Jefferies Andrew Weisel - Scotiabank Michael Sullivan - Wolfe Research Jeremy Tonet - JPMorgan Paul Fremont - Ladenburg Paul Patterson - Glenrock Associates Operator Good afternoon, and welcome to the WEC Energy Group's Conference Call for Fourth Quarter and Year-End 2024 Results. This call is being recorded for rebroadcast and all participants are in a listen-only mode at this time.
WEC Energy Group posts 2024 results
MILWAUKEE , Feb. 4, 2025 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income based on generally accepted accounting principles (GAAP) of $1.5 billion, or $4.83 per share, for 2024. This compares to earnings of $1.3 billion, or $4.22 per share, for 2023.
My Top 10 High-Yield Dividend Stocks For February 2025
SPY kicks off 2025 with a gain of 2.67% in January. VYM is off to an even better start with a gain of 3.75%. The top 10 stocks on the watchlist for February 2025 offer a 3.43% dividend yield, nearly triple that of the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 15.95% since its inception in November 2020.
WEC Energy Group to announce 2024 fourth-quarter and year-end financial results Feb. 4
MILWAUKEE , Jan. 28, 2025 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 fourth-quarter and full-year earnings news release before the stock market opens Tuesday, Feb. 4. A conference call for investors and security analysts is scheduled for the same day at 1 p.m.
SVN McDonald & Co. Releases “The WEC Effect” Report: Exploring the Impact of the World Equestrian Center on Marion County Land Values
OCALA, Fla.--(BUSINESS WIRE)--The World Equestrian Center: Transforming Ocala's Real Estate Landscape Known as the “Horse Capital of the World,” Ocala and Marion County are renowned for their equestrian heritage, picturesque farms, and welcoming community. At the heart of this equestrian hub is the World Equestrian Center (WEC), a state-of-the-art facility that has redefined the region since its opening in January 2021. “The World Equestrian Center has been a game-changer for land values in the.
Wisconsin Electric declares quarterly dividends
MILWAUKEE , Jan. 16, 2025 /PRNewswire/ -- The Wisconsin Electric board of directors today declared a quarterly cash dividend of 90 cents per share on the company's Preferred Stock, 3.60% Series, payable March 1, 2025, to stockholders of record on Feb. 14, 2025. The board also declared a quarterly cash dividend of $1.50 per share on the company's Six Per Cent Preferred Stock, payable April 30, 2025, to stockholders of record on April 14, 2025.
WEC Energy Group raises quarterly dividend by 6.9 percent
MILWAUKEE , Jan. 16, 2025 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 89.25 cents per share on the company's common stock, an increase of 6.9 percent over the current quarterly dividend of 83.50 cents per share. This raises the annual dividend rate to $3.57 per share.
Down -5.14% in 4 Weeks, Here's Why You Should You Buy the Dip in WEC Energy (WEC)
WEC Energy (WEC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
My Top 10 Utilities For 2025
Long-term rates have risen, creating potential buying opportunities for utilities like AEP, AWK, AWR, BKH, ES, EVRG, SJW, WEC, WTRG, and XEL. These utilities have strong fundamentals, attractive valuations, and investment-grade balance sheets, offering potential total returns of 20% to 56% by 2025. Despite rate sensitivity, these utilities are well-positioned for long-term growth with secure dividends and robust balance sheets.
My Top 10 High-Yield Dividend Stocks For January 2025
SPY ends 2024 on a sour note but with a total gain of 24.89%. The top 10 stocks on the watchlist for January 2025 offer a 3.45% dividend yield, nearly triple that of the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 16.33% since its inception in November 2020.
WEC Energy Group Announces Pricing Terms of Its Cash Tender Offer
MILWAUKEE , Dec. 19, 2024 /CNW/ - WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced the pricing terms of the previously announced upsized cash tender offer (the "Tender Offer") for $400,000,000 in aggregate principal amount (the "Aggregate Maximum Principal Amount") of the outstanding senior notes listed in the table below (the "Securities"). The table below summarizes certain information regarding the Securities and the Tender Offer, including the order of priority and purchase price information for the Securities.
WEC Energy Group Announces Early Results and Upsize of Its Cash Tender Offer for Its Outstanding Senior Notes
MILWAUKEE , Dec. 18, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced that, pursuant to the previously announced cash tender offer (the "Tender Offer") for up to $350,000,000 in aggregate principal amount of the outstanding senior notes listed in the table below (the "Securities"), $866,697,000 in aggregate principal amount of the Securities were validly tendered and not validly withdrawn on or prior to 5:00 p.m., Eastern Time, on December 18, 2024 (the "Early Tender Date").
Bocanegra named president -- Peoples Gas and North Shore Gas
MILWAUKEE , Dec. 9, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) announced today that Maria Bocanegra, previously the chief legal and government relations officer at the Port of Cleveland, has been named president — Peoples Gas and North Shore Gas, effective Jan. 2, 2025. "Maria has an impressive list of accomplishments in utility regulation and creating successful engagement strategies within the government, private and public sectors," said Scott Lauber, president and chief executive officer — WEC Energy Group.
WEC Energy Group Announces Cash Tender Offer for up to $350 Million of its Outstanding Senior Notes
MILWAUKEE , Dec. 5, 2024 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) ("WEC Energy Group") today announced the commencement of a cash tender offer (the "Tender Offer") for up to $350,000,000 in aggregate principal amount (as such amount may be increased or decreased by WEC Energy Group pursuant to the terms of the Tender Offer, the "Aggregate Maximum Principal Amount") of the outstanding senior notes listed in the table below (the "Securities"). The table below summarizes certain information regarding the Securities and the Tender Offer, including the order of priority and purchase price information for the Securities.
WEC Energy Group announces plan to increase dividend by 6.9 percent
MILWAUKEE , Dec. 5, 2024 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today announced that it is planning to raise the quarterly dividend on the company's common stock to 89.25 cents per share in the first quarter of 2025. This would represent an increase of 5.75 cents per share, or 6.9 percent.
WEC Energy: A Consistent Dividend Grower To Buy Now
WEC Energy Group, Inc. remains on pace to become a Dividend Aristocrat later this decade. The utility just raised its five-year capital spending plan by $4.3 billion from 2024-2028 to 2025-2029. WEC Energy boasts an A-rated balance sheet to fund its ambitious capital investments.
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