WEC Energy Group Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $9.80B | $8.60B | $8.89B | $9.32B | $8.01B | $7.37B | $7.52B |
| Electric | — | — | — | — | $5.86B | $5.25B | $4.90B | $4.93B |
| Gas | — | — | — | — | $2.72B | $2.14B | $1.87B | $2.01B |
| Other | — | — | — | — | $739.2M | $624.9M | $598.1M | $581.4M |
| Cost of Revenue | — | $3.27B | $2.66B | $3.19B | $4.36B | $3.31B | $2.32B | $2.68B |
| Gross Profit | — | $6.53B | $5.94B | $5.70B | $4.96B | $4.70B | $5.05B | $4.84B |
| Gross Margin | — | 66.7% | 69.1% | 64.1% | 53.2% | 58.7% | 68.5% | 64.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $2.24B | $2.15B | $1.91B | $1.92B | $1.71B | $1.71B | $1.53B |
| Operating Margin | — | 22.9% | 25.0% | 21.5% | 20.6% | 21.4% | 23.1% | 20.4% |
| Interest Expense | — | — | — | $726.9M | $515.1M | $471.1M | $493.7M | $501.5M |
| Pretax Income | — | $1.67B | $1.75B | $1.54B | $1.73B | $1.50B | $1.43B | $1.26B |
| Income Tax Expense | — | $118.0M | $222.0M | $204.6M | $322.9M | $200.3M | $227.9M | $125.0M |
| Net Income | — | $1.56B | $1.52B | $1.33B | $1.41B | $1.30B | $1.20B | $1.13B |
| Net Margin | — | 15.9% | 17.7% | 15.0% | 15.1% | 16.2% | 16.3% | 15.1% |
| EPS (Basic) | — | $4.84 | $4.83 | $4.22 | $4.46 | $4.12 | $3.80 | $3.60 |
| EPS (Diluted) | — | $4.81 | $4.83 | $4.22 | $4.45 | $4.11 | $3.79 | $3.58 |
| Shares Outstanding (Basic) | 325.5M | 321.9M | 316.2M | 315.4M | 315.4M | 315.4M | 315.4M | 315.4M |
| Shares Outstanding (Diluted) | 325.5M | 323.8M | 316.5M | 315.9M | 316.1M | 316.3M | 316.5M | 316.7M |
| Dividends Per Share | — | $3.57 | $3.34 | $3.12 | $2.91 | $2.71 | $2.53 | $2.36 |