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WEC ENERGY GROUP, INC. (WEC)

For the quarter ending 2025-06-30, WEC made $2,009,500K in revenue. $245,400K in net income. Net profit margin of 12.21%.

Overview

Revenue
$2,009,500K
Net Income
$245,400K
Net Profit Margin
12.21%
Unit: Thousand (K) dollars
Revenue Breakdown
    • Wisconsin
    • Illinois
    • Other States
    • Operating Segments-Non Utility E...
Revenue Breakdown
    • Wisconsin
    • Illinois
    • Operating Segments-Non Utility E...
    • Other States
Revenue Breakdown
    • Wisconsin
    • Illinois
    • Operating Segments-Intersegment ...
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Operating revenues2,009,500 3,149,500 1,863,500 1,772,000
Property and revenue taxes69,000 78,400 51,700 67,500
Other operation and maintenance596,200 608,000 566,800 533,400
Depreciation and amortization368,900 359,900 340,500 336,600
Cost of sales570,500 1,165,700 520,800 469,700
Total operating expenses1,604,600 2,212,000 1,479,800 1,407,200
Operating income404,900 937,500 383,700 364,800
Interest expense- - - 200,600
Other income, net26,500 18,100 44,000 40,600
Interest expense220,800 223,000 204,200 -
Equity in earnings of transmission affiliates51,900 53,600 46,700 46,800
Other expense-142,400 -151,300 -113,500 -113,200
Income before income taxes262,500 786,200 270,200 251,600
Income tax expense19,500 60,700 31,600 41,600
Net income243,000 725,500 238,600 210,000
Preferred stock dividends of subsidiary300 300 300 300
Net loss attributed to noncontrolling interests-2,700 1,000 -1,800 -1,600
Net income attributed to common shareholders245,400 724,200 240,100 211,300
Basic (in shares)320,300,000 318,200,000 316,200,000 315,900,000
Diluted (in shares)322,200,000 319,300,000 316,500,000 316,200,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Illinois$270,600K (-2.24%↓ Y/Y)Other States$82,300K (15.92%↑ Y/Y)Wisconsin$1,587,200K (16.01%↑ Y/Y)Operating Segments-NonUtility Energy...$69,400K (23.93%↑ Y/Y)Public Utilities$1,940,100K (13.06%↑ Y/Y)Operating revenues$2,009,500K (13.40%↑ Y/Y)Operating income$404,900K (10.99%↑ Y/Y)Total operatingexpenses$1,604,600K (14.03%↑ Y/Y)Income before incometaxes$262,500K (4.33%↑ Y/Y)Other expense-$142,400K (-25.80%↓ Y/Y)Equity in earnings oftransmission affiliates$51,900K (10.90%↑ Y/Y)Other income, net$26,500K (-34.73%↓ Y/Y)Cost of sales$570,500K (21.46%↑ Y/Y)Depreciation andamortization$368,900K (9.60%↑ Y/Y)Other operation andmaintenance$596,200K (11.77%↑ Y/Y)Property and revenuetaxes$69,000K (2.22%↑ Y/Y)Net loss attributedto noncontrolling...-$2,700K (-68.75%↓ Y/Y)Net income$243,000K (15.71%↑ Y/Y)Income tax expense$19,500K (-53.13%↓ Y/Y)Interest expense$220,800K Net incomeattributed to common...$245,400K (16.14%↑ Y/Y)Preferred stock dividendsof subsidiary$300K (0.00%↑ Y/Y)