WEC Energy Group Inc.

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

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $7.49B $7.65B $7.47B $5.93B $4.92B $4.55B $4.18B $4.49B
Electric $4.86B $3.06B $2.93B $2.80B
Gas $2.07B $1.68B $1.45B $1.23B
Other $562.9M $178.6M $162.7M $154.5M
Cost of Revenue $2.90B $2.82B $2.65B $2.24B $2.26B $1.83B
Gross Profit $4.60B $4.83B $4.82B $3.69B $2.66B $2.72B
Gross Margin 61.3% 63.1% 64.6% 62.2% 54.1% 59.8%
Operating Expenses
Research & Development
SG&A Expense
Operating Income $1.47B $1.78B $1.70B $1.25B $1.11B $1.08B $1.00B $887.3M
Operating Margin 19.6% 23.2% 22.7% 21.1% 22.6% 23.8% 23.9% 19.8%
Interest Expense $445.1M $415.7M $402.7M $331.4M $240.3M $250.9M $248.2M $235.8M
Pretax Income $1.23B $1.59B $1.51B $1.07B $951.2M $916.5M $852.6M $776.7M
Income Tax Expense $169.8M $383.5M $566.5M $433.8M $361.7M $337.9M $306.3M $263.9M
Net Income $1.06B $1.20B $939.0M $640.3M $589.5M $578.6M $546.3M $526.2M
Net Margin 14.2% 15.8% 12.6% 10.8% 12.0% 12.7% 13.1% 11.7%
EPS (Basic) $3.36 $3.81 $2.98 $2.36 $2.61 $2.54 $2.37 $2.26
EPS (Diluted) $3.34 $3.79 $2.96 $2.34 $2.59 $2.51 $2.35 $2.24
Shares Outstanding (Basic) 315.5M 315.6M 315.6M 271.1M 225.6M 227.6M 230.2M 232.6M
Shares Outstanding (Diluted) 316.9M 317.2M 316.9M 272.7M 227.5M 229.7M 232.8M 235.4M
Dividends Per Share $2.21 $2.08 $1.98 $1.74 $1.56 $1.45
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