WEC Energy Group (WEC)
Operator of regulated electric and gas utilities across four Midwestern states.
$102.81
vs last close−0.67 (−0.65%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,957 | 2,218 | 2,680 | 1,772 | 1,864 | 2,284 | 3,150 | 2,010 | 2,104 | 2,537 | 3,434 | 2,062 |
| Cost of revenue | 1,104 | 1,315 | 1,458 | 1,003 | 1,088 | 1,265 | 1,774 | 1,167 | 608 | 1,298 | 1,391 | 556 |
| Gross profit | 853 | 903 | 1,222 | 769 | 776 | 1,019 | 1,376 | 843 | 1,496 | 1,239 | 2,043 | 1,507 |
| 381 | 561 | 409 | 404 | 392 | 428 | 438 | 438 | 1,046 | 656 | 1,063 | 1,074 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 592 | 609 | 617 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 609 | 617 |
| Other expenses | 381 | 561 | 409 | 404 | 392 | 428 | 438 | 438 | 1,046 | 65 | 455 | 457 |
| Operating income | 472 | 341 | 813 | 365 | 384 | 591 | 938 | 405 | 450 | 583 | 980 | 433 |
| −96 | −101 | −103 | −113 | −114 | −77 | −151 | −142 | −145 | −263 | −121 | −105 | |
| Interest expense | 183 | 194 | 192 | 201 | 204 | 201 | 223 | 221 | 224 | 228 | 229 | 229 |
| Other non-operating income | −87 | −92 | −89 | −87 | −91 | −142 | −72 | −78 | −79 | 35 | −108 | 0 |
| Income before tax | 376 | 240 | 710 | 252 | 270 | 514 | 786 | 263 | 305 | 320 | 859 | 328 |
| Income tax expense | 60 | 22 | 88 | 42 | 32 | 61 | 61 | 20 | 34 | 3 | 53 | 27 |
| Net income from continuing operations | 316 | 219 | 623 | 210 | 239 | 453 | 726 | 243 | 270 | 317 | 806 | 301 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 316 | 219 | 623 | 212 | 240 | 454 | 725 | 246 | 271 | 317 | 805 | 300 |
| EPS, basic | $1.00 | $0.69 | $1.97 | $0.67 | $0.76 | $1.43 | $2.28 | $0.77 | $0.84 | $0.97 | $2.47 | $0.92 |
| EPS, diluted | $1.00 | $0.69 | $1.97 | $0.67 | $0.76 | $1.43 | $2.27 | $0.76 | $0.83 | $0.97 | $2.45 | $0.91 |
| Weighted average shares, basic | 315 | 315 | 316 | 316 | 316 | 317 | 318 | 319 | 324 | 325 | 326 | 326 |
| Weighted average shares, diluted | 316 | 316 | 316 | 316 | 317 | 318 | 319 | 321 | 326 | 328 | 328 | 329 |
| EBITDA | 879 | 758 | 1,236 | 789 | 815 | 1,077 | 1,369 | 852 | 902 | 924 | 1,468 | 818 |
| Depreciation & amortization | 320 | 325 | 333 | 337 | 341 | 344 | 360 | 369 | 373 | 376 | 380 | 385 |
| EBIT | 559 | 434 | 902 | 452 | 474 | 733 | 1,009 | 483 | 528 | 548 | 1,088 | 433 |
