WEC Energy Group (WEC) Profit Metrics

Price: $106.81
Market Cap: $33.73B
Avg Volume: 2.29M
Country: US
Industry: Regulated Electric
Sector: Utilities
Beta: 0.443
52W Range: $77.47-110.19
Website: WEC Energy Group
Profit Metrics Summary (Annual)

According to WEC Energy Group's latest annual financial reports:

  • The company has reported a gross profit of 3.79B, indicating the amount earned after deducting the cost of goods sold (COGS) from revenue. The gross profit margin is 44.02%, with a year-over-year growth of 5.13%.
  • WEC Energy Group's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 3.52B. The EBITDA margin stands at 40.92%, showing a growth of -0.23% compared to the previous year.
  • The operating income, representing the profit from business operations before taxes and interest, stands at 2.15B. The operating margin is 25.03%, with a year-over-year growth of 12.83%.
  • The net income, which shows the company's total earnings or profit after all expenses, is 1.52B. The net profit margin is 17.72%, demonstrating a growth of 14.36% from the previous year.

These metrics provide a comprehensive overview of WEC Energy Group's profitability and operational efficiency over the past year.

Gross Profit

$3.79B

Gross Profit Margin (2023)

44.02%

EBITDA

$3.52B

EBITDA Margin

40.92%

Operating Income (2023)

$2.15B

Operating Margin

25.03%

Net Income

$1.52B

Net Profit Margin

17.72%

Historical Gross Profit
$4.20B$4.20B$3.60B$3.60B$3.00B$3.00B$2.40B$2.40B$1.80B$1.80B$1.20B$1.20BGross Profit20062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Gross Profit Margin
79.93%79.93%63.95%63.95%47.96%47.96%31.97%31.97%15.99%15.99%0.00%0.00%Gross Profit Margin2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Gross Profit Growth
33.53%33.53%18.30%18.30%3.08%3.08%-12.14%-12.14%-27.36%-27.36%-42.59%-42.59%Gross Profit Growth2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical EBITDA
$4.20B$4.20B$3.50B$3.50B$2.80B$2.80B$2.10B$2.10B$1.40B$1.40B$700.00M$700.00M$0.00$0.00EBITDA20062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical EBITDA Margin
40.92%40.92%32.50%32.50%24.08%24.08%15.66%15.66%7.24%7.24%-1.18%-1.18%EBITDA Margin2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical EBITDA Growth
42.13%42.13%33.30%33.30%24.46%24.46%15.63%15.63%6.79%6.79%-2.04%-2.04%-10.88%-10.88%EBITDA Growth2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Operating Income
$2.50B$2.50B$2.00B$2.00B$1.50B$1.50B$1.00B$1.00B$500.00M$500.00M$0.00$0.00Operating Income20062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Operating Profit Margin
25.03%25.03%20.03%20.03%15.02%15.02%10.01%10.01%5.01%5.01%0.00%0.00%Operating Profit Margin2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Operating Income Growth
300.00%300.00%200.00%200.00%100.00%100.00%0.00%0.00%-100.00%-100.00%Operating Income Growth2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Net Income
$1.80B$1.80B$1.50B$1.50B$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.00Net Income20062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Net Profit Margin
17.72%17.72%14.18%14.18%10.63%10.63%7.09%7.09%3.54%3.54%0.00%0.00%Net Profit Margin2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Net Income Growth
46.84%46.84%35.07%35.07%23.31%23.31%11.54%11.54%-0.22%-0.22%-11.98%-11.98%Net Income Growth2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
WEC Energy Group Historical Profit Metrics
Gross Profit
EBITDA
Operating Income
Net Income
$4.00B$4.00B$3.00B$3.00B$2.00B$2.00B$1.00B$1.00B$0.00$0.00Profit Metrics20062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
WEC Energy Group Historical Profits

The table below shows various profit metrics for each year, with the latest data available for the last fiscal year 2024.

Year Gross Profit Gross Profit Growth Operating Income Operating Income Growth Net Income Net Income Growth EBITDA EBITDA Growth
2024 $3.79B 5.13% $2.15B 12.83% $1.52B 14.36% $3.52B -0.23%
2023 $3.60B 9.11% $1.91B -0.84% $1.33B -5.42% $3.53B 11.94%
2022 $3.30B 10.04% $1.92B 12.20% $1.41B 8.28% $3.15B 10.13%
2021 $3.00B 3.79% $1.71B 0.52% $1.30B 8.36% $2.86B 5.07%
2020 $2.89B 8.67% $1.71B 11.41% $1.20B 5.81% $2.72B 9.19%
2019 $2.66B 5.91% $1.53B 4.29% $1.14B 7.04% $2.49B 6.57%
2018 $2.51B -9.63% $1.47B -17.75% $1.06B -11.98% $2.34B -9.43%
2017 $2.78B 5.28% $1.79B 6.13% $1.20B 28.15% $2.58B 5.69%
2016 $2.64B 33.53% $1.68B 34.51% $940.20M 46.84% $2.44B 33.30%
2015 $1.98B 21.62% $1.25B 12.44% $640.30M 8.84% $1.83B 14.60%
2014 $1.63B 5.75% $1.11B 2.96% $588.30M 1.89% $1.60B 2.88%
2013 $1.54B 3.43% $1.08B 7.98% $577.40M 5.69% $1.56B 5.64%
2012 $1.49B -42.59% $1.00B 12.74% $546.30M 3.82% $1.47B 26.83%
2011 $2.59B 10.08% $887.30M 9.49% $526.20M 15.27% $1.16B -4.55%
2010 $2.35B 9.24% $810.40M 22.10% $456.50M 19.38% $1.22B 10.84%
2009 $2.15B -32.54% $663.70M 284.75% $382.40M 6.49% $1.10B 3.51%
2008 $3.19B -1.58% $172.50M -72.55% $359.10M 7.00% $1.06B 9.68%
2007 $3.24B 1.47% $628.50M 10.55% $335.60M 6.07% $966.50M 18.79%
2006 $3.19B 5.12% $568.50M 0.99% $316.40M 2.49% $813.60M -10.88%
2005 $3.04B 7.07% $562.90M 57.72% $308.70M 0.75% $912.90M 3.43%

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