WEC · XBRL financial data
Wec Energy Group financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (WEC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 7,242 | 8,316 | 9,597 | 8,893 | 8,600 | 9,800 |
| Cost of goods and services sold | 2,320 | 3,311 | 4,359 | 3,191 | 2,656 | 3,266 |
| Operating income (loss) | 1,706 | 1,715 | 1,924 | 1,908 | 2,153 | 2,245 |
| Interest income | — | — | 1 | 4 | 17 | 6 |
| Interest expense | 494 | 471 | 515 | 727 | 815 | 895 |
| Other income (expense) | 80 | 133 | 129 | 178 | 178 | 108 |
| Income tax expense (benefit) | 228 | 200 | 323 | 205 | 222 | 118 |
| Earnings per share, basic USD per share | 3.80 | 4.12 | 4.46 | 4.22 | 4.83 | 4.84 |
| Earnings per share, diluted USD per share | 3.79 | 4.11 | 4.45 | 4.22 | 4.83 | 4.81 |
| Weighted average shares, basic millions of shares | 315 | 315 | 315 | 315 | 316 | 322 |
| Weighted average shares, diluted millions of shares | 317 | 316 | 316 | 316 | 317 | 324 |
Balance sheet
CSVFiscal years (WEC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 25 | 16 | 29 | 43 | 10 | 28 |
| Accounts receivable | 1,203 | 1,506 | 1,818 | 1,503 | 1,669 | 2,063 |
| Total current assets | 2,083 | 2,657 | 3,188 | 2,796 | 2,912 | 3,285 |
| Property and equipment, net | 25,707 | 26,982 | 29,114 | 31,582 | 34,645 | 38,278 |
| Right-of-use asset | 21 | 20 | 16 | 32 | 32 | 70 |
| Goodwill | 3,053 | 3,053 | 3,053 | 3,053 | 3,053 | 3,053 |
| Total assets | 37,028 | 38,989 | 41,872 | 43,940 | 47,363 | 51,518 |
| Accounts payable | 881 | 1,006 | 1,198 | 897 | 1,137 | 1,140 |
| Current portion of long-term debt | 778 | 91 | 809 | 1,264 | 1,729 | 1,519 |
| Total current liabilities | 4,148 | 3,753 | 4,611 | 5,115 | 4,842 | 5,593 |
| Long-term debt | 11,673 | 13,472 | 14,656 | 15,367 | 17,178 | 18,498 |
| Lease liability, non-current | — | 29 | 25 | 39 | 38 | 73 |
| Retained earnings | 6,330 | 6,775 | 7,265 | 7,613 | 8,084 | 8,494 |
| Total liabilities and equity | 37,028 | 38,989 | 41,872 | 43,940 | 47,363 | 51,518 |
| Common shares outstanding (cover page) millions of shares | 315 | 315 | 315 | 316 | 318 | 326 |
Cash flows
CSVFiscal years (WEC's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 976 | 1,074 | 1,123 | 1,264 | 1,355 | 1,479 |
| Net cash from operating activities | 2,196 | 2,033 | 2,061 | 3,018 | 3,212 | 3,379 |
| Purchases of property and equipment | 2,874 | 2,373 | 2,697 | — | — | — |
| Net cash from investing activities | (2,807) | (2,312) | (2,642) | (3,558) | (3,803) | (4,875) |
| Proceeds from issuing common stock | — | — | 0 | 0 | 163 | 762 |
| Share repurchases | 99 | 33 | 69 | 17 | 3 | 1 |
| Dividends paid | 798 | 855 | 918 | 984 | 1,056 | 1,148 |
| Proceeds from long-term debt | 2,374 | 2,384 | 1,999 | 2,170 | 4,461 | 2,845 |
| Repayments of long-term debt | 1,767 | 1,260 | 92 | 1,005 | 2,138 | 1,729 |
| Net cash from financing activities | 601 | 294 | 676 | 523 | 468 | 1,524 |
| Net change in cash | (10) | 15 | 95 | (17) | (123) | 29 |
Compare with peers
SIC 4931 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 4931 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Wec Energy Group | 59 | 2,291 | 1,202* | 329.0M | 10-QSep 30, 2026 |
| Consolidated Edison | 147 | 5,095 | 174 | 368.5M | 10-QMar 31, 2026 |
| Ameren Illinois | 12 | 2,092 | not reported | 276.8M | 10-QJun 30, 2026 |
| PG&E | 902 | 6,188 | not reported | 2.7B | 10-QSep 30, 2026 |
| Xcel Energy | 2,483 | not reported | 2,071* | 641.9M | 10-QSep 30, 2026 |
| Public Service Enterprise Group | 837 | 3,020 | not reported | 498.5M | 10-QSep 30, 2026 |
| Ameren | 12 | 2,092 | 770* | 276.8M | 10-QJun 30, 2026 |
| Exelon | 1,469 | 7,319 | not reported | 1.0B | 10-QSep 30, 2026 |
| Sempra | 794 | 3,428 | 1,809 | 653.7M | 10-QMar 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.