WEC Energy Group Balance Sheet Health

Financial Health criteria checks 0/6

WEC Energy Group has a total shareholder equity of $12.8B and total debt of $20.0B, which brings its debt-to-equity ratio to 156.4%. Its total assets and total liabilities are $47.4B and $34.6B respectively. WEC Energy Group's EBIT is $2.2B making its interest coverage ratio 2.7. It has cash and short-term investments of $9.8M.

Key information

156.4%

Debt to equity ratio

US$20.02b

Debt

Interest coverage ratio2.7x
CashUS$9.80m
EquityUS$12.80b
Total liabilitiesUS$34.56b
Total assetsUS$47.36b

Recent financial health updates

Recent updates

WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 04
WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year

WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.8925

Jan 17
WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.8925

Getting In Cheap On WEC Energy Group, Inc. (NYSE:WEC) Might Be Difficult

Jan 13
Getting In Cheap On WEC Energy Group, Inc. (NYSE:WEC) Might Be Difficult

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

Dec 09
WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

WEC Energy: A Consistent Dividend Grower To Buy Now

Nov 27

Slowing Rates Of Return At WEC Energy Group (NYSE:WEC) Leave Little Room For Excitement

Nov 24
Slowing Rates Of Return At WEC Energy Group (NYSE:WEC) Leave Little Room For Excitement

WEC Energy: 3 Reasons Why The Stock Isn't A Sell Going Into Q3 Earnings

Oct 28

WEC Energy Group, Inc. (NYSE:WEC) Investors Are Less Pessimistic Than Expected

Sep 28
WEC Energy Group, Inc. (NYSE:WEC) Investors Are Less Pessimistic Than Expected

WEC Energy: A Rare Combo Of Value And Dividend Growth

Aug 01

Here's Why WEC Energy Group (NYSE:WEC) Has A Meaningful Debt Burden

Aug 01
Here's Why WEC Energy Group (NYSE:WEC) Has A Meaningful Debt Burden

Is WEC Energy Group, Inc. (NYSE:WEC) Trading At A 21% Discount?

Jul 16
Is WEC Energy Group, Inc. (NYSE:WEC) Trading At A 21% Discount?

We Like These Underlying Return On Capital Trends At WEC Energy Group (NYSE:WEC)

Jun 10
We Like These Underlying Return On Capital Trends At WEC Energy Group (NYSE:WEC)

WEC Energy: Still An Attractive Utility Play While NextEra Energy Surges

Jun 03

Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

May 23
Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

WEC Energy Group's Large Project Pipeline Keeps Growth Flowing

May 22

WEC Energy Group: A Dividend Aristocrat In The Making

May 06

WEC Energy: A Standout Utility Company With Strong Dividend Growth And Yield

Apr 08

Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Mar 29
Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

WEC Energy Hasn't Been This Attractive In 10 Years - Time To Load Up

Mar 06

Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

Feb 20
Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

WEC Energy Group: A High-Quality Dividend Compounder To Buy Now

Feb 13

WEC Energy Is A Long Term Buy

Dec 30

WEC Energy Group: Christmas Came Early With A 7% Dividend Boost

Dec 21

WEC Energy: Fully Valued, Buy The Dip Or The Preferred For Higher Yield

Oct 20

WEC Energy Group: Well Positioned For A Recession, But The Stock Is Not Cheap

Aug 31

WEC Energy Group: A Core Portfolio Dividend Growth Play

Jun 27

WEC Energy Q4 2022 Earnings Preview

Feb 01

Financial Position Analysis

Short Term Liabilities: WEC's short term assets ($2.9B) do not cover its short term liabilities ($4.8B).

Long Term Liabilities: WEC's short term assets ($2.9B) do not cover its long term liabilities ($29.7B).


Debt to Equity History and Analysis

Debt Level: WEC's net debt to equity ratio (156.3%) is considered high.

Reducing Debt: WEC's debt to equity ratio has increased from 123.8% to 156.4% over the past 5 years.

Debt Coverage: WEC's debt is not well covered by operating cash flow (16%).

Interest Coverage: WEC's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 13:57
End of Day Share Price 2025/02/06 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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Industry and Sector Metrics

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Analyst Sources

WEC Energy Group, Inc. is covered by 35 analysts. 11 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