WEC FINANCIAL STATEMENTS

WEC Energy Group Inc — balance sheet, income statement and cash flow trends

WECWEC Energy Group Inc

🇺🇸 USA · US · Utilities · Utilities - Regulated Electric

Value it Duel

Income Statement

Quarterly progression — trailing-twelve-month values

RevenueNet Income

Profit Funnel

Q1 2026 · TTM

Percentages are relative to revenue.

Key Figures

YoY change

Revenue10.1 B $+11.2%

Gross Profit5.6 B $+42.7%

Operating Income2.4 B $+6.2%

EBITDA4.1 B $+2.4%

Net Income1.6 B $+0.5%

Peer Comparison· Utilities - Regulated Electric

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
WEC	11.2%	55.7%	41.1%	16.2%
ELE	-1.6%	34.5%	26.6%	11.2%
FTS	4.1%	32.6%	49.0%	14.8%
H	6.4%	27.4%	36.2%	14.8%
EMA	3.1%	17.7%	36.1%	13.2%
RED	35.5%	85.6%	76.4%	30.1%
Industry median	7.9%	40.7%	40.4%	13.6%

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
WEC	11.2%	55.7%	41.1%	16.2%
PCG	5.3%	45.9%	40.8%	11.4%
PEG	19.0%	47.3%	38.0%	17.7%
ED	9.1%	65.0%	40.5%	12.5%
DTE	19.6%	39.4%	26.5%	7.7%
AEE	12.3%	39.4%	46.1%	17.2%
Industry median	7.9%	40.7%	40.4%	13.6%

Balance Sheet

Quarterly period-end values

Total AssetsTotal LiabilitiesEquity

Capital Structure

Q1 2026

Equity14.2 B $28%
Current Liabilities4.4 B $9%
Long-term Liabilities32.8 B $64%

Key Figures

YoY change

Total Assets51.7 B $+7.3%

Total Liabilities37.2 B $+6.8%

Total Equity14.2 B $+8.9%

Cash & ST Investments45.6 M $-44.5%

Total Debt22.3 B $+8.8%

Net Debt22.3 B $+9.0%

Peer Comparison· Utilities - Regulated Electric

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
WEC	0.68	157.6%	5.37	27.4%
ELE	1.00	135.0%	2.06	21.6%
FTS	0.49	145.2%	5.86	31.8%
H	0.54	149.2%	5.69	32.3%
EMA	1.07	168.8%	7.34	29.5%
RED	1.14	—	—	34.0%
Industry median	0.78	161.2%	5.63	28.1%

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
WEC	0.68	157.6%	5.37	27.4%
PCG	1.20	189.3%	5.83	23.4%
PEG	1.18	97.0%	3.37	29.9%
ED	1.19	106.2%	3.88	34.2%
DTE	0.95	218.9%	6.16	22.4%
AEE	0.62	148.5%	4.92	27.2%
Industry median	0.78	161.2%	5.63	28.1%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values

Operating Cash FlowCapital ExpendituresFree Cash Flow

Cash Flow Bridge

Q1 2026 · TTM

Key Figures

YoY change

Operating Cash Flow3.4 B $-2.9%

Capital Expenditures4.5 B $+48.6%

Free Cash Flow-1.1 B $-333.9%

Dividends Paid-1.2 B $-209.1%

Peer Comparison· Utilities - Regulated Electric

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
WEC	33.8%	-11.0%	44.8%	208.0%
ELE	19.1%	10.1%	8.9%	170.8%
FTS	32.4%	-17.6%	50.0%	219.3%
H	27.8%	-5.0%	32.8%	188.0%
EMA	22.7%	-22.8%	45.5%	171.8%
RED	47.9%	-56.4%	66.9%	159.3%
Industry median	29.1%	-9.0%	44.9%	208.0%

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
WEC	33.8%	-11.0%	44.8%	208.0%
PCG	32.1%	-16.3%	48.4%	280.9%
PEG	23.1%	-0.5%	23.6%	130.4%
ED	24.0%	16.4%	35.8%	192.0%
DTE	20.3%	-9.0%	29.3%	262.1%
AEE	37.7%	-14.9%	52.6%	219.4%
Industry median	29.1%	-9.0%	44.9%	208.0%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

Go deeper on WEC

Run a DCF valuation

Full DCF model with editable assumptions

Start a head-to-head duel

Compare two stocks metric by metric

Filter in the stock screener

Build your own universe with 400+ metrics

Data on this page refreshes once per day. Price data as of Jul 2, 26. This content is for informational purposes only and is not investment advice.