7Baggers

WEC Energy Group Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Operating Profit  
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 0133.93267.86401.79535.71669.64803.57937.5Milllion

WEC Energy Group Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2004-12-31 
                                                             
  operating revenues2,009,500,000 3,149,500,000 2,284,200,000 1,863,500,000 1,772,000,000 2,680,200,000 2,217,500,000 1,957,400,000 1,830,000,000 2,888,100,000 2,558,400,000 2,003,000,000 2,127,900,000 2,908,100,000 2,201,900,000 1,746,500,000 1,676,200,000 2,691,400,000 1,933,400,000 1,651,000,000 1,548,700,000 2,108,600,000 1,947,500,000 1,608,000,000 1,590,200,000 2,377,400,000 2,076,800,000 1,643,700,000 1,672,500,000 2,286,500,000 2,055,000,000 1,657,500,000 1,631,500,000 2,304,500,000 1,963,000,000 1,712,500,000 1,602,000,000 2,194,800,000 1,848,300,000 1,698,700,000 991,200,000 1,387,900,000 1,225,100,000 1,033,300,000 1,043,700,000 1,695,000,000 1,178,300,000 1,053,200,000 1,012,300,000 1,275,200,000 1,071,200,000 1,039,300,000 944,700,000 1,191,200,000 1,113,200,000 1,052,800,000 991,700,000 1,328,700,000  
  operating expenses                                                           
  cost of sales570,500,000 1,165,700,000 738,400,000 520,800,000 469,700,000 927,100,000 761,100,000 587,400,000 533,000,000 1,309,700,000 1,235,400,000 805,100,000 935,000,000 1,383,400,000 958,800,000 560,700,000 525,900,000 1,265,600,000 657,500,000 482,800,000 444,500,000 734,700,000 693,000,000 484,300,000 491,900,000 1,009,600,000 854,000,000 524,100,000 547,700,000 972,100,000 797,200,000 542,700,000 541,800,000 941,100,000 745,500,000 554,700,000 508,300,000 838,900,000 682,600,000 590,600,000                    
  gross profit                                                           
  yoy                                                           
  qoq                                                           
  gross margin %                                                           
  other operation and maintenance596,200,000 608,000,000 527,000,000 566,800,000 533,400,000 530,800,000 553,900,000 516,600,000 496,000,000 534,000,000 580,300,000 454,300,000 449,000,000 454,400,000 588,100,000 473,700,000 463,800,000 479,900,000 604,700,000 498,700,000 473,100,000 455,700,000 601,400,000 529,200,000 503,600,000 550,600,000 667,800,000 553,100,000 537,700,000 511,900,000 593,600,000 471,700,000 479,800,000 501,900,000 614,500,000 517,500,000 522,000,000 531,500,000 555,700,000 535,900,000 337,000,000 280,700,000 331,600,000 249,400,000 256,000,000 275,400,000 333,400,000 268,100,000 265,400,000 288,100,000 317,300,000 244,600,000 267,900,000 286,300,000 347,500,000 296,900,000 298,900,000 313,500,000  
  depreciation and amortization368,900,000 359,900,000 344,000,000 340,500,000 336,600,000 333,400,000 324,500,000 320,300,000 313,900,000 305,500,000 284,600,000 280,300,000 279,600,000 278,100,000 275,100,000 271,600,000 266,200,000 261,400,000 249,300,000 245,000,000 242,500,000 239,100,000 236,200,000 233,800,000 229,900,000 226,400,000 217,700,000 212,800,000 206,700,000 208,600,000 205,100,000 201,200,000 197,700,000 194,600,000 193,100,000 191,600,000 190,000,000 187,900,000 179,200,000 176,500,000 105,700,000 105,100,000 103,500,000 103,300,000 101,400,000 100,600,000 99,000,000 96,900,000 96,700,000 95,500,000 94,500,000 91,800,000 90,300,000 87,600,000 84,000,000 82,600,000 82,300,000 81,300,000  
  property and revenue taxes69,000,000 78,400,000 71,800,000 51,700,000 67,500,000 75,500,000 57,700,000 61,100,000 61,800,000 69,600,000 77,700,000 59,100,000 56,100,000 60,800,000 53,100,000 50,500,000 51,500,000 55,200,000 51,400,000 54,300,000 49,800,000 52,500,000 53,800,000 49,800,000 50,200,000 48,000,000 47,500,000 51,000,000 49,600,000 48,800,000 47,000,000 48,300,000 50,000,000 49,600,000 48,200,000 49,700,000 49,600,000 47,200,000 50,600,000 50,000,000 31,900,000 31,900,000 30,300,000 30,600,000 30,300,000 30,600,000 28,300,000 29,500,000 29,400,000 29,500,000 30,500,000 30,400,000 30,200,000 30,300,000 28,200,000 28,900,000 28,300,000 28,300,000  
  total operating expenses1,604,600,000 2,212,000,000 1,693,300,000 1,479,800,000 1,407,200,000 1,866,800,000 1,876,100,000 1,485,400,000 1,404,700,000 2,218,800,000 2,178,000,000 1,598,800,000 1,719,700,000 2,176,700,000 1,875,100,000 1,356,500,000 1,307,400,000 2,062,100,000 1,562,900,000 1,280,800,000 1,209,900,000 1,482,000,000 1,584,400,000 1,297,100,000 1,275,600,000 1,834,600,000 1,787,000,000 1,341,000,000 1,341,700,000 1,741,400,000 1,642,900,000 1,263,900,000 1,269,300,000 1,687,200,000 1,601,300,000 1,313,500,000 1,269,900,000 1,605,500,000 1,468,100,000 1,353,000,000 827,600,000 1,031,600,000 988,900,000 790,700,000 806,100,000 1,316,700,000 954,700,000 795,200,000 782,800,000 954,200,000 869,800,000 758,700,000 722,100,000 895,500,000 920,200,000 828,500,000 817,300,000 1,033,100,000  
  operating income404,900,000 937,500,000 590,900,000 383,700,000 364,800,000 813,400,000 341,400,000 472,000,000 425,300,000 669,300,000 380,400,000 404,200,000 408,200,000 731,400,000 326,800,000 390,000,000 368,800,000 629,300,000 370,500,000 370,200,000 338,800,000 626,600,000 363,100,000 310,900,000 314,600,000 542,800,000 289,800,000 302,700,000 330,800,000 545,100,000 412,100,000 393,600,000 362,200,000 617,300,000 361,700,000 399,000,000 332,100,000 589,300,000 380,200,000 345,700,000 165,800,000 358,800,000 243,500,000 246,100,000 240,700,000 381,800,000 271,600,000 258,000,000 229,500,000 321,000,000 201,400,000 280,600,000 222,600,000 295,700,000 193,000,000 224,300,000 174,400,000 295,600,000  
  yoy10.99% 15.26% 73.08% -18.71% -14.23% 21.53% -10.25% 16.77% 4.19% -8.49% 16.40% 3.64% 10.68% 16.22% -11.79% 5.35% 8.85% 0.43% 2.04% 19.07% 7.69% 15.44% 25.29% 2.71% -4.90% -0.42% -29.68% -23.09% -8.67% -11.70% 13.93% -1.35% 9.06% 4.75% -4.87% 15.42% 100.30% 64.24% 56.14% 40.47% -31.12% -6.02% -10.35% -4.61% 4.88% 18.94% 34.86% -8.05% 3.10% 8.56% 4.35% 25.10% 27.64% 0.03%      
  qoq-56.81% 58.66% 54.00% 5.18% -55.15% 138.25% -27.67% 10.98% -36.46% 75.95% -5.89% -0.98% -44.19% 123.81% -16.21% 5.75% -41.40% 69.85% 0.08% 9.27% -45.93% 72.57% 16.79% -1.18% -42.04% 87.30% -4.26% -8.49% -39.31% 32.27% 4.70% 8.67% -41.33% 70.67% -9.35% 20.14% -43.65% 55.00% 9.98% 108.50% -53.79% 47.35% -1.06% 2.24% -36.96% 40.57% 5.27% 12.42% -28.50% 59.38% -28.23% 26.06% -24.72% 53.21% -13.95% 28.61% -41.00%   
  operating margin %                                                           
  equity in earnings of transmission affiliates51,900,000 53,600,000 69,200,000 46,700,000 46,800,000 44,800,000 45,400,000 44,700,000 43,600,000 43,800,000 46,300,000 63,700,000 43,000,000 41,700,000 31,900,000 42,300,000 41,300,000 42,600,000 43,000,000 40,100,000 52,900,000 39,800,000 15,900,000 38,700,000 36,900,000 36,100,000 41,500,000 33,700,000 28,700,000 32,800,000                              
  other income26,500,000 18,100,000 49,500,000 44,000,000 40,600,000 44,100,000 46,800,000 41,800,000 48,300,000 40,800,000 34,700,000 34,700,000 19,800,000 39,600,000 35,500,000 25,200,000 39,700,000 32,800,000 19,600,000 25,700,000 28,600,000 5,600,000 25,900,000 21,800,000 23,600,000 30,900,000 5,300,000 26,100,000 31,400,000 7,500,000 19,400,000 16,400,000 13,100,000 15,700,000 8,200,000 7,500,000 32,400,000 32,700,000 18,700,000 11,100,000 26,100,000 3,000,000 3,025,000 2,900,000 8,100,000 1,100,000 3,825,000 5,100,000 5,800,000 4,400,000 8,400,000 9,000,000 8,600,000 16,000,000 10,775,000 16,200,000 14,400,000 12,500,000  
  interest expense220,800,000 223,000,000 218,500,000 204,200,000 200,600,000 192,000,000 193,500,000 182,500,000 178,700,000 172,200,000 150,200,000 127,500,000 119,800,000 117,600,000 113,600,000 118,000,000 120,000,000 119,500,000 117,900,000 122,000,000 124,400,000 129,400,000 127,200,000 125,800,000 124,100,000 124,400,000 117,900,000 112,000,000 108,500,000 106,700,000 105,300,000 103,800,000 101,900,000 104,700,000 102,600,000 99,100,000 100,100,000 100,900,000 105,800,000 103,800,000 62,100,000 59,700,000 59,800,000 60,400,000 59,000,000 62,300,000 61,800,000 62,000,000 63,300,000 65,000,000 66,900,000 60,900,000 61,500,000 58,900,000 58,200,000 56,800,000 57,400,000 63,400,000  
  income before income taxes262,500,000 786,200,000 514,200,000 270,200,000 251,600,000 710,300,000 240,100,000 376,000,000 338,500,000 581,700,000 311,200,000 375,100,000 351,200,000 695,100,000 244,300,000 339,500,000 329,800,000 585,200,000 276,800,000 314,000,000 295,900,000 542,600,000 277,700,000 245,600,000 251,000,000 485,400,000 218,700,000 250,500,000 282,400,000 478,700,000 357,600,000 345,400,000 315,200,000 570,200,000 306,100,000 345,700,000 295,300,000 559,600,000 318,800,000 293,000,000 144,100,000 318,200,000 198,200,000 206,600,000 207,300,000 337,900,000 171,125,000 218,200,000 189,300,000 277,000,000    268,400,000      
  income tax expense19,500,000 60,700,000 61,100,000 31,600,000 41,600,000 87,700,000 21,600,000 60,400,000 48,500,000 74,100,000 59,000,000 73,400,000 63,400,000 127,100,000 20,500,000 50,800,000 54,100,000 74,900,000 37,200,000 46,900,000 53,800,000 90,000,000 33,500,000 11,300,000 15,200,000 65,000,000 13,400,000 17,000,000 51,100,000 88,300,000 -75,300,000 129,700,000 115,800,000 213,300,000 111,400,000 128,400,000 113,600,000 213,100,000 137,700,000 110,500,000 63,200,000 122,400,000 76,800,000 80,300,000 74,300,000 130,300,000 86,500,000 80,700,000 70,300,000 100,400,000 53,700,000 89,700,000 66,600,000 96,300,000      
  net income243,000,000 725,500,000 453,100,000 238,600,000 210,000,000 622,600,000 218,500,000 315,600,000 290,000,000 507,600,000 252,200,000 301,700,000 287,800,000 568,000,000 223,800,000 288,700,000 275,700,000 510,300,000 239,600,000 267,100,000 242,100,000 452,600,000 244,200,000 234,300,000 235,800,000 420,400,000 205,300,000 233,500,000 231,300,000 390,400,000 432,900,000 215,700,000 199,400,000 356,900,000 194,700,000 217,300,000 181,700,000 346,500,000 181,100,000 182,500,000 80,900,000 195,800,000 121,400,000 126,300,000 133,000,000 207,600,000 144,300,000 137,500,000 119,000,000 176,600,000 98,800,000 156,100,000 119,300,000 172,100,000 116,000,000 129,800,000 109,500,000 170,900,000  
  yoy15.71% 16.53% 107.37% -24.40% -27.59% 22.66% -13.36% 4.61% 0.76% -10.63% 12.69% 4.50% 4.39% 11.31% -6.59% 8.09% 13.88% 12.75% -1.88% 14.00% 2.67% 7.66% 18.95% 0.34% 1.95% 7.68% -52.58% 8.25% 16.00% 9.39% 122.34% -0.74% 9.74% 3.00% 7.51% 19.07% 124.60% 76.97% 49.18% 44.50% -39.17% -5.68% -15.87% -8.15% 11.76% 17.55% 46.05% -11.92% -0.25% 2.61% -14.83% 20.26% 8.95% 0.70%      
  qoq-66.51% 60.12% 89.90% 13.62% -66.27% 184.94% -30.77% 8.83% -42.87% 101.27% -16.41% 4.83% -49.33% 153.80% -22.48% 4.72% -45.97% 112.98% -10.30% 10.33% -46.51% 85.34% 4.23% -0.64% -43.91% 104.77% -12.08% 0.95% -40.75% -9.82% 100.70% 8.17% -44.13% 83.31% -10.40% 19.59% -47.56% 91.33% -0.77% 125.59% -58.68% 61.29% -3.88% -5.04% -35.93% 43.87% 4.95% 15.55% -32.62% 78.74% -36.71% 30.85% -30.68% 48.36% -10.63% 18.54% -35.93%   
  net income margin %                                                           
  preferred stock dividends of subsidiary300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000 300,000                      
  net income attributed to noncontrolling interests2,700,000 -1,000,000 850,000 1,800,000 1,600,000          575,000 1,600,000  100,000    200,000  300,000 200,000                                   
  net income attributed to common shareholders245,400,000 724,200,000 453,500,000 240,100,000 211,300,000 622,300,000 218,500,000 316,000,000 289,700,000 507,500,000 252,700,000 302,000,000 287,500,000 565,900,000 224,200,000 290,000,000 276,000,000 510,100,000 239,000,000 266,800,000 241,600,000 452,500,000 243,900,000 234,300,000 235,700,000 420,100,000 205,000,000 233,200,000 231,000,000 390,100,000 432,600,000 215,400,000 199,100,000 356,600,000 194,400,000 217,000,000 181,400,000 346,200,000                      
  eps                                                           
  basic770,000                                                           
  diluted760,000                                                           
  weighted-average common shares outstanding                                                           
  basic320,300,000 318.2 316.2 316.2 315.9 315.6 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.4 315.5 315.5 315.5 315.5 315.5 315.6 315.6 315.6 315.6 315.6 315.6 315.6 315.7 271.1 315.7 227.5 225.5 225.6 225.5 225.5 225.8 227.6 226.8 228.4 228.9 230.2 230.4 230.4 230.5 232.6 232.2 233.7 233.7  
  diluted322,200,000 319.3 316.5 316.5 316.2 315.9 315.9 315.8 315.9 315.9 316.1 316.2 316.2 316.2 316.3 316.3 316.3 316.2 316.5 316.5 316.5 316.7 316.7 316.8 316.7 316.7 316.9 316.9 316.9 316.9 317.2 317.5 317.4 317.2 316.9 316.9 317 317.1 272.7 317.1 229.1 227.3 227.5 227.4 227.6 227.7 229.7 228.8 230.5 231.2 232.8 232.9 233.1 233.2 235.4 234.9 236.6 236.6  
  earnings per share                                                           
  basic 2.28 1.43 0.76 0.67 1.97 0.69 0.92 1.61 0.8 0.96 0.91 1.79 0.71 0.92 0.88 1.62 0.75 0.85 0.77 1.43 0.78 0.74 0.75 1.33 0.65 0.74 0.73 1.24 1.37 0.68 0.63 1.13 0.62 0.69 0.57 1.1 0.57 0.58 0.36 0.87 0.54 0.56 0.59 0.92 0.475 0.61 0.52 0.77    0.75      
  diluted 2.27 1.43 0.76 0.67 1.97 0.7 0.92 1.61 0.8 0.96 0.91 1.79 0.71 0.92 0.87 1.61 0.75 0.84 0.76 1.43 0.77 0.74 0.74 1.33 0.64 0.74 0.73 1.23 1.36 0.68 0.63 1.12 0.61 0.68 0.57 1.09 0.56 0.58 0.35 0.86 0.54 0.56 0.58 0.91 0.47 0.6 0.52 0.76    0.74      
  net income (income) attributed to noncontrolling interests      225,000 700,000  200,000                                                  
  net (income) loss attributed to noncontrolling interests          800,000 600,000  -1,800,000   600,000    -200,000                                       
  dividends per share of common stock                          0.414 0.553 0.553 0.553 0.39 0.52 0.52 0.52 0.371 0.495 0.495 0.495 0.323   0.423 0.293 0.39 0.39 0.39 0.266 0.383 0.34 0.34 0.225 0.3 0.3 0.3 0.195 0.26 0.26 0.26  
  equity in earnings of transmission affiliate                              30,725,000 39,200,000 41,800,000 41,900,000 38,800,000 38,300,000 30,900,000 38,500,000 25,700,000 40,000,000 14,300,000 16,100,000 13,200,000 18,000,000 17,500,000 17,300,000 17,500,000 17,100,000 17,300,000 16,600,000 16,800,000 17,100,000 16,200,000 15,600,000 16,100,000 15,700,000 15,200,000 15,500,000  
  fuel and purchased power                                        273,700,000 297,700,000 275,400,000 336,800,000 292,500,000 318,600,000 266,800,000 339,100,000 276,100,000 271,000,000 249,700,000 336,400,000 258,700,000 253,800,000 265,200,000 350,900,000 286,000,000 267,600,000  
  cost of gas sold                                        79,300,000 316,200,000 248,100,000 70,600,000 125,900,000 591,500,000 227,200,000 61,600,000 115,200,000 270,100,000 177,800,000 55,500,000 75,000,000 237,500,000 195,300,000 69,200,000 121,800,000 342,400,000  
  treasury grant                                        2,200,000 2,500,000 7,300,000 3,500,000 3,100,000 3,500,000              
  the accompanying notes to consolidated condensed financial statements are an integral part of these financial statements.                                                           
  income from continuing operations before income taxes                                                  152,500,000 245,800,000 185,900,000  170,500,000 199,400,000 146,600,000 260,200,000  
  income from continuing operations                                                  98,800,000 156,100,000 119,300,000  114,100,000 129,800,000 98,000,000 170,900,000  
  income from discontinued operations, net of tax                                                      1,900,000  11,500,000   
  earnings per share                                                           
  continuing operations                                                  0.43 0.68 0.52  0.49 0.56 0.42 0.73  
  discontinued operations                                                      0.01  0.05   
  total earnings per share                                                  0.43 0.68 0.52  0.5 0.56 0.47 0.73  
  amortization of gain                                                           
  income taxes                                                      51,875,000 69,600,000 48,600,000 89,300,000  

We provide you with 20 years income statements for WEC Energy Group stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of WEC Energy Group stock. Explore the full financial landscape of WEC Energy Group stock with our expertly curated income statements.

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