WISCONSIN ELECTRIC POWER COMPANY
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.63B | $3.71B | $3.79B | $3.85B | $4.06B | $3.80B | $3.61B | $3.73B |
| Cost of Revenue | $1.26B | $1.29B | $1.29B | $1.40B | $1.66B | $1.44B | — | — |
| Gross Profit | $2.36B | $2.43B | $2.50B | $2.46B | $2.40B | $2.36B | — | — |
| Gross Margin | 65.2% | 65.3% | 65.9% | 63.7% | 59.1% | 62.2% | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $402.5M | $632.1M | $634.2M | $648.9M | $650.4M | $605.9M | $583.3M | $473.6M |
| Operating Margin | 11.1% | 17.0% | 16.7% | 16.8% | 16.0% | 15.9% | 16.1% | 12.7% |
| Interest Expense | $120.1M | $117.3M | $117.6M | $119.0M | $116.5M | $121.4M | $113.2M | $94.2M |
| Pretax Income | $302.6M | $528.0M | $576.5M | $588.9M | $600.5M | $562.1M | $560.0M | $496.4M |
| Income Tax Expense | $-56.9M | $191.2M | $211.0M | $212.0M | $222.6M | $200.9M | $192.7M | $156.8M |
| Net Income | $359.5M | $336.8M | $365.5M | $376.9M | $377.9M | $361.2M | $367.3M | $339.6M |
| Net Margin | 9.9% | 9.1% | 9.6% | 9.8% | 9.3% | 9.5% | 10.2% | 9.1% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 33.3M | 33.3M | 33.3M | 33.3M | 33.3M | 33.3M | 33.3M | 33.3M |
| Shares Outstanding (Diluted) | 33.3M | 33.3M | 33.3M | 33.3M | 33.3M | 33.3M | 33.3M | 33.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |