WEC Energy Group (WEC) financial statements
- FY2025 revenue
- $9.8B▲ +14.0%
- FY2025 net income
- $1.6B▲ +2.0%
- FY2025 diluted EPS
- $4.81▼ −0.4%
- FY2025 free cash flow
- −$1.0B▼ −336.5%
WEC Energy Group income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 9,800 | 8,600 | 8,893 |
| Operating income | 2,245 | 2,153 | 1,908 |
| Pretax income | 1,674 | 1,746 | 1,536 |
| Net income | 1,556 | 1,524 | 1,332 |
| Diluted earnings per share | 4.81 | 4.83 | 4.22 |
WEC Energy Group balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 28 | 42 | 43 |
| Total assets | 51,518 | 47,363 | 43,940 |
| Total liabilities (derived) | 37,466 | 34,561 | 31,868 |
| Total equity | 14,053 | 12,802 | 12,072 |
| Long-term debt | 18,498 | 17,178 | 15,367 |
WEC Energy Group cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 3,379 | 3,212 | 3,018 |
| Capital expenditure | -4,398 | -2,781 | -2,493 |
| Free cash flow (derived) | -1,019 | 431 | 526 |
| Dividends paid | -1,148 | -1,056 | -984 |
| Share repurchases | -1 | -3 | -17 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Sep 2026 | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 |
| Revenue (derived) | 2,291 | 2,062 | 3,434 | 2,537 |
| Operating income (derived) | 564 | 433 | 980 | 453 |
| Net income (derived) | 390 | 301 | 806 | 317 |
| Operating cash flow (derived) | 1,202 | 992 | 1,218 | 425 |
| Total assets | 53,898 | 52,750 | 51,734 | 51,518 |
WEC Energy Group major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Vanguard Capital Management | 7.5% | 24,576,995 | 30 April 2026 |
| Vanguard Portfolio Management | 5.2% | 16,812,132 | 29 April 2026 |
WEC Energy Group 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 6 November 2026 | 8-K | Current report | Current report |
| 4 November 2026 | 8-K | Current report | FORM 8-K |
| 4 November 2026 | 8-K | Current report | FORM 8-K |
| 30 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 29 October 2026 | 8-K | Current report | Current report |
| 4 September 2026 | 8-K | Current report | Current report |
| 18 August 2026 | 8-K | Current report | Current report |
| 11 August 2026 | 8-K | Current report | Current report |
Common questions
What was WEC Energy Group's revenue in fiscal 2025?
WEC Energy Group reported $9.8 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 14.0% from fiscal 2024.
What was WEC Energy Group's net income in fiscal 2025?
WEC Energy Group reported net income of $1.6 billion for fiscal 2025, the year ended 31 December 2025, up 2.0% from fiscal 2024. Diluted earnings per share were $4.81.
What was WEC Energy Group's free cash flow in fiscal 2025?
WEC Energy Group had negative free cash flow of $1.0 billion in fiscal 2025. Operating cash flow was $3.4 billion and capital expenditure was $4.4 billion.
What were WEC Energy Group's total assets at the end of fiscal 2025?
WEC Energy Group reported total assets of $51.5 billion at the end of fiscal 2025, the year ended 31 December 2025.
How much WEC Energy Group history do I get?
Every account gets the full history, annual and quarterly, with first reported values and as of dates.
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