WEC Energy Group, Inc.(WEC) Stock Research - Grey Stern Research

WEC Energy Group, Inc. (WEC) Stock Analysis

$83.73 (0.49%)

WEC Financial Performance


Use the table below to view WEC Energy Group, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q1 - 2024

Metric Value Ranking among Peers
Price $83.32 -
52 Week Low $75.13 -
52 Week High $92.83 -
Market Cap $26.3 Billion 4/15
Gross Margin 35% 5/15
Profit Margin 23% 1/15
EBITDA margin 45% 1/15
Q1 - 2024 Revenue $2.7 Billion 7/15
Q1 - 2024 Earnings $622.6 Million 2/15
Q1 - 2024 Free Cash Flow $401.9 Million 1/15
Trailing 4 Quarters Revenue $8.7 Billion 7/15
Trailing 4 Quarters Earnings $1.4 Billion 4/15
Quarterly Earnings Growth 23% 3/15
Annual Earnings Growth 14% 11/15
Quarterly Revenue Growth -7% 10/15
Annual Revenue Growth -18% 10/15
Cash On Hand $82.5 Million 10/15
Short Term Debt $3.2 Billion 2/15
Long Term Debt $15.4 Billion 8/15

WEC Energy Group, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare WEC Energy Group, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 18.18 12/15
PS 3.03 4/15
PB 2.12 6/15
PC 318.96 3/15
Liabilities to Equity 2.59 11/15
ROA 0.03 4/15
ROE 0.12 3/15
Current Ratio 1.39 4/15
Quick Ratio 0.00 10/15
Long Term Debt to Equity 1.27 10/15
Debt to Equity 1.53 10/15
Burn Rate 0.10 10/15
Cash to Cap 0.00 10/15
CCR 0.65 3/15
EV to EBITDA 37.29 14/15
EV to Revenue 5.16 5/15

Company Details

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.

CEO: Mr. J. Kevin Fletcher

Website: https://www.wecenergygroup.com

Address: 231 W Michigan St, PO Box 1331 Milwaukee, WISCONSIN

Exchange: New York Stock Exchange

Industry: Utilities—Regulated Electric

WEC Energy Group, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to WEC Energy Group, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Alliant Energy Corporation LNT $14.4 Billion
CenterPoint Energy, Inc. CNP $18.8 Billion
Exelon Corporation EXC $36.8 Billion
Edison International EIX $30.2 Billion
CMS Energy Corporation CMS $18.8 Billion
Pinnacle West Capital Corporation PNW $9.6 Billion
FirstEnergy Corp. FE $23.6 Billion
Public Service Enterprise Group Incorporated PEG $37.9 Billion
Ameren Corporation AEE $20.8 Billion
Entergy Corporation ETR $24.3 Billion
PNM Resources, Inc. PNM $3.7 Billion
DTE Energy Company DTE $24.5 Billion
MGE Energy, Inc. MGEE $3.1 Billion
Evergy, Inc. EVRG $13.0 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
WEC Income Statements
Quarter Year Revenue Earnings
Q1 2024 $ 2.7 Billion $622.6 Million
Q4 2023 $ 2.2 Billion $218.5 Million
Q3 2023 $ 2.0 Billion $316.3 Million
Q2 2023 $ 1.8 Billion $290.0 Million
Q1 2023 $ 2.9 Billion $507.8 Million
Q4 2022 $ 2.6 Billion $253.0 Million
Q3 2022 $ 2.0 Billion $301.7 Million
Q2 2022 $ 2.1 Billion $287.8 Million

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WEC Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q1 2024 $82.5 Million $43.9 Billion $18.6 Billion $12.4 Billion
Q4 2023 $42.9 Million $43.9 Billion $18.8 Billion $24.2 Billion
Q3 2023 $45.9 Million $43.4 Billion $18.2 Billion $12.1 Billion
Q2 2023 $54.7 Million $43.0 Billion $18.1 Billion $11.7 Billion
Q1 2023 $35.7 Million $42.8 Billion $17.9 Billion $11.7 Billion
Q4 2022 $28.9 Million $41.9 Billion $17.3 Billion $11.4 Billion
Q3 2022 $28.5 Million $40.8 Billion $16.2 Billion $18.2 Billion
Q2 2022 $30.3 Million $39.6 Billion $15.2 Billion $18.1 Billion

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WEC Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q1 2024 $401.9 Million -$444.5 Million -$30.5 Million
Q4 2023 -$283.4 Million -$763.4 Million -$46.6 Million
Q3 2023 $128.3 Million -$655.8 Million $1.3 Million
Q2 2023 $383.9 Million -$574.3 Million $12.1 Million
Q1 2023 $296.7 Million -$499.4 Million -$54.2 Million
Q4 2022 -$632.2 Million -$633.4 Million $66.2 Million
Q3 2022 -$375.0 Million -$671.9 Million $11.1 Million
Q2 2022 $40.5 Million -$645.3 Million -$14.7 Million

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