WEC Energy Group, Inc.

WEC ·Utilities, Utilities - Regulated Electric, United States
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $7.65B $7.47B $5.93B $5.00B $4.52B $4.25B $4.49B
Cost of Revenue $2.82B $2.65B $2.24B $2.26B $1.83B — —
Gross Profit $4.83B $4.82B $3.69B $2.74B $2.69B — —
Gross Margin 63.1% 64.6% 62.2% 54.8% 59.6% — —
Operating Expenses
Research & Development — — — — — — —
SG&A Expense — — — — — — —
Operating Income $1.78B $1.70B $1.25B $1.11B $1.08B $1.00B $887.3M
Operating Margin 23.2% 22.7% 21.1% 22.3% 23.9% 23.6% 19.8%
Interest Expense $415.7M $402.7M $331.4M $240.3M $250.9M $248.2M $235.8M
Pretax Income $1.59B $1.51B $1.07B $951.2M $916.5M $852.6M $776.7M
Income Tax Expense $383.5M $566.5M $433.8M $361.7M $337.9M $306.3M $263.9M
Net Income $1.20B $939.0M $640.3M $589.5M $578.6M $546.3M $526.2M
Net Margin 15.8% 12.6% 10.8% 11.8% 12.8% 12.9% 11.7%
EPS (Basic) $3.81 $2.98 $2.36 $2.61 $2.54 $2.37 $2.26
EPS (Diluted) $3.79 $2.96 $2.34 $2.59 $2.51 $2.35 $2.24
Shares Outstanding (Basic) 315.6M 315.6M 271.1M 225.6M 227.6M 230.2M 232.6M
Shares Outstanding (Diluted) 317.2M 316.9M 272.7M 227.5M 229.7M 232.8M 235.4M
Dividends Per Share $2.08 $1.98 $1.74 $1.56 $1.45 — —
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