WEC Energy Group, Inc.

DB:WIC Stock Report

Market Cap: €28.8b

WEC Energy Group Past Earnings Performance

Past criteria checks 3/6

WEC Energy Group has been growing earnings at an average annual rate of 4%, while the Integrated Utilities industry saw earnings growing at 4.9% annually. Revenues have been growing at an average rate of 4.9% per year. WEC Energy Group's return on equity is 10.4%, and it has net margins of 15.1%.

Key information

4.0%

Earnings growth rate

4.0%

EPS growth rate

Integrated Utilities Industry Growth8.1%
Revenue growth rate4.9%
Return on equity10.4%
Net Margin15.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How WEC Energy Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:WIC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 248,5331,292-660
30 Jun 248,6271,368-750
31 Mar 248,6851,447-830
31 Dec 238,8931,332-920
30 Sep 239,2341,366-680
30 Jun 239,2801,352-770
31 Mar 239,5771,350-880
31 Dec 229,5971,408-970
30 Sep 229,2411,380-980
30 Jun 228,9841,368-900
31 Mar 228,5331,356-790
31 Dec 218,3161,300-690
30 Sep 218,0481,315-710
30 Jun 217,9521,292-580
31 Mar 217,8251,258-420
31 Dec 207,2421,200-350
30 Sep 207,2561,205-350
30 Jun 207,2131,172-340
31 Mar 207,2541,166-380
31 Dec 197,5231,134-300
30 Sep 197,6521,095-320
30 Jun 197,6881,094-280
31 Mar 197,7701,089-210
31 Dec 187,6801,059-190
30 Sep 187,6581,287-200
30 Jun 187,6721,269-150
31 Mar 187,6311,237-150
31 Dec 177,6491,204-20
30 Sep 177,557966-40
30 Jun 177,612967-30
31 Mar 177,58294900
31 Dec 167,472939140
30 Sep 167,35892400
30 Jun 167,34488900
31 Mar 166,73378900
31 Dec 155,92663900
30 Sep 155,303581350
30 Jun 154,638524350
31 Mar 154,690577350
31 Dec 144,99758800
30 Sep 144,950611340
30 Jun 144,970622340
31 Mar 144,939608340

Quality Earnings: WIC has high quality earnings.

Growing Profit Margin: WIC's current net profit margins (15.1%) are higher than last year (14.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WIC's earnings have grown by 4% per year over the past 5 years.

Accelerating Growth: WIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WIC had negative earnings growth (-5.4%) over the past year, making it difficult to compare to the Integrated Utilities industry average (2.6%).

Return on Equity

High ROE: WIC's Return on Equity (10.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 07:53
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

WEC Energy Group, Inc. is covered by 39 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Finbarr MacCarthyAtlantic Equities LLP
David ParkerBaird