For this period, WEC Energy Group reports a gross margin of 39.6%, an operating margin of 23.5%, an EBITDA margin of 42.6%, and a net margin of 17.5%. All available margins contracted year over year, led by operating margin with a decline of 1.5 percentage points.
WEC margin history
WEC Energy Group's margins averaged 39.78% gross, 23.53% operating, 42.7% EBITDA, and 16.73% net during the last 3 years. At present, net margin is above its three-year average, while gross, operating, and EBITDA margins are below their three-year averages.
WEC margin expansion
The biggest contraction was in operating margin, which fell by 1.5 percentage points. The other available margins also declined.
WEC Gross margin
Over the last 3 years, WEC Energy Group's gross margin averaged 39.78%. The current gross margin of 39.6% is 0.2 percentage points below its three-year average. During this period, gross margin reached a high of 40.9% in Dec 2024 and a low of 37.7% in Dec 2023.
WEC Operating margin
WEC Energy Group recorded an average operating margin of 23.53% across the last 3 years. WEC Energy Group currently reports an operating margin of 23.5%, 0 percentage points below its three-year average. The operating margin for WEC Energy Group moved between 21.5% in Dec 2023 and 25.1% in Mar 2025.
WEC EBITDA margin
Across the last 3 years, WEC Energy Group's EBITDA margin stood at 42.7%. Compared with its three-year average, WEC Energy Group's current EBITDA margin is 42.6% and is 0.1 percentage points below its three-year average. EBITDA margin was highest at 45.6% in Dec 2024 and lowest at 39.7% in Dec 2023.
WEC Net margin
Across the last 3 years, WEC Energy Group's net margin averaged 16.73%. The current net margin stands at 17.5%, 0.8 percentage points above its three-year average. Net margin was highest at 18% in Mar 2025 and lowest at 15% in Dec 2023.
WEC margin group comparison
With a gross margin of 39.6%, WEC stands below the Utilities sector, the industry and its peers average. In comparison with its Utilities sector average of 43.2%, WEC Energy Group's gross margin is 8% lower.
WEC margin peer comparison
Frequently asked questions
What is WEC Energy Group's gross margin?
For the period ending Sep 30, 2026, WEC recorded a gross margin of 39.6%.
What is WEC Energy Group's operating margin?
As of Sep 30, 2026, WEC has an operating margin of 23.5%.
What is WEC Energy Group's EBITDA margin?
As of Sep 30, 2026, WEC has an EBITDA margin of 42.6%.
What is WEC Energy Group's net margin?
For the period ending Sep 30, 2026, WEC recorded a net margin of 17.5%.
What are the average margins of WEC?
Over the last 3 years, WEC Energy Group's margins averaged 39.8% gross, 23.5% operating, 42.7% EBITDA, and 16.7% net.
What are the highest historical margins of WEC?
Over the last 5 years, WEC Energy Group's highest margins were 40.9% gross in Dec 2024, 25.1% operating in Mar 2025, 45.6% EBITDA in Dec 2024, and 18% net in Mar 2025.
What are the lowest historical margins of WEC?
Over this 5-year history, WEC Energy Group's margins fell as low as 31.5% gross in Mar 2023, 19.4% operating in Mar 2023, 34.9% EBITDA in Mar 2023, and 14.1% net in Mar 2023.