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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›WEC›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

WEC ENERGY GROUP, INC. (WEC) financials

Income statement

WEC ENERGY GROUP, INC. (WEC) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$7.47B$7.65B$7.68B$7.52B$7.24B$8.32B$9.60B$8.89B$8.60B$9.80B
Revenue growth—2.4%0.4%-2.0%-3.7%14.8%15.4%-7.3%-3.3%14.0%
Operating income$1.70B$1.78B$1.47B$1.53B$1.71B$1.71B$1.92B$1.91B$2.15B$2.24B
Operating margin22.7%23.2%19.1%20.4%23.6%20.6%20.0%21.5%25.0%22.9%
Net income—$1.20B$1.06B$1.13B$1.20B$1.30B$1.41B$1.33B$1.52B$1.56B
Net margin—15.8%13.8%15.1%16.6%15.6%14.7%15.0%17.7%15.9%
EPS (diluted)$2.96$3.79$3.34$3.58$3.79$4.11$4.45$4.22$4.83$4.81

Cash flow

WEC ENERGY GROUP, INC. (WEC) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$2.10B$2.08B$2.45B$2.35B$2.20B$2.03B$2.06B$3.02B$3.21B$3.38B
Capital expenditures$1.42B$1.96B$2.42B$2.53B$2.87B$2.37B$2.70B———
Free cash flow$680M$119M$28.4M-$184M-$678M-$340M-$636M———
Share buybacks$108M$71.3M$72.4M$140M$99.2M$33.1M$69.2M$16.6M$3.20M$1.30M
Dividends paid$625M$657M$697M$745M$798M$855M$918M$984M$1.06B$1.15B

Balance sheet

WEC ENERGY GROUP, INC. (WEC) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$37.5M$38.9M$84.5M$37.5M$24.8M$16.3M$28.9M$42.9M$9.80M$27.6M
Total assets$30.1B$31.6B$33.5B$35.0B$37.0B$39.0B$41.9B$43.9B$47.4B$51.5B
Long-term debt$9.16B$8.75B$9.98B$11.2B$11.7B$13.5B$14.7B$15.4B$17.2B$18.5B
Shareholders' equity$8.96B$9.49B—$10.3B$10.7B$11.1B$11.6B$12.1B$12.8B$14.1B
Retained earnings$4.61B$5.18B$5.54B$5.93B$6.33B$6.78B$7.27B$7.61B$8.08B$8.49B
Shares (wtd avg diluted)317M317M317M317M317M316M316M316M317M324M

Every figure is extracted from WEC ENERGY GROUP, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is WEC ENERGY GROUP, INC.'s annual revenue?
WEC ENERGY GROUP, INC. (WEC) reported $9.80B of revenue for fiscal year 2025 — up 14.0% from $8.60B in FY2024, per its annual report filed with the SEC.
Is WEC ENERGY GROUP, INC. profitable?
Yes — WEC earned $1.56B of net income in FY2025, a 15.9% net margin, per SEC filings.
Does WEC pay a dividend?
Yes — WEC ENERGY GROUP, INC. paid $1.15B in cash dividends during FY2025, per its SEC cash-flow statement.
Full WEC analysis — verdict, score & filings →Is WEC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.