WEC Energy Group, Inc. is a holding company, which engages in the generation and distribution of electricity and natural gas. It operates through the following segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure and Corporate & Other. The Wisconsin segment refers to the electric and gas utility operations. The Illinois segment deals with natural gas utility and non-utility activities. The Other States segment pertains to natural gas operations of the firm's subsidiaries. The Electric Transmission segment holds interests in state regulatory commissions. The Non-Utility Energy Infrastructure segment includes Wisconsin Electric Power, which owns and leases generating facilities. The Corporate and Other segment refers to the firm's administrative and holding activities. The company was founded in 1981 and is headquartered in Milwaukee, WI.
Highlights
WEC's gross margin is up by 18% YoY and by 2% QoQ
Wec Energy Group's gross profit has increased by 11% YoY
WEC's P/E is 15% above its 5-year quarterly average of 21.2 but 2.6% below its last 4 quarters average of 25.1
WEC's quick ratio is down by 33% QoQ and by 10% YoY
The company's debt rose by 7% YoY
Key stats
What are the main financial stats of WEC
Market
Shares outstanding
315.43M
Market cap
$28.67B
Enterprise value
$41.49B
Valuations
Price to earnings (P/E)
24.44
Price to book (P/B)
2.76
Price to sales (P/S)
3.97
EV/EBIT
22.2
EV/EBITDA
14.71
EV/Sales
5.75
Earnings
Revenue
$7.21B
EBIT
$1.87B
EBITDA
$2.82B
Free cash flow
-$8.9M
Per share
EPS
$3.72
Free cash flow per share
-$0.03
Book value per share
$32.92
Revenue per share
$22.87
TBVPS
$101.42
Balance sheet
Total assets
$35.04B
Total liabilities
$24.66B
Debt
$12.83B
Equity
$10.38B
Working capital
-$1.77B
Liquidity
Debt to equity
1.24
Current ratio
0.49
Quick ratio
0.28
Net debt/EBITDA
4.54
Margins
EBITDA margin
39.1%
Gross margin
35.9%
Net margin
16.3%
Operating margin
22.7%
Efficiency
Return on assets
3.4%
Return on equity
11.5%
Return on invested capital
4.5%
Return on capital employed
5.9%
Return on sales
25.9%
Dividend
Dividend yield
2.69%
DPS
$2.45
Payout ratio
65.8%
WEC stock price
How has the Wec Energy Group stock price performed over time
Financial performance
How have Wec Energy Group's revenue and profit performed over time
Revenue
$7.21B
Gross profit
$2.59B
Operating income
$1.64B
Net income
$1.17B
Gross margin
35.9%
Net margin
16.3%
WEC's operating margin is up by 20% year-on-year
WEC's gross margin is up by 18% YoY and by 2% QoQ
The company's net margin rose by 15% YoY
The operating income has increased by 13% YoY
Valuation
What is Wec Energy Group stock price valuation
P/E
24.44
P/B
2.76
P/S
3.97
EV/EBIT
22.2
EV/EBITDA
14.71
EV/Sales
5.75
WEC's P/E is 15% above its 5-year quarterly average of 21.2 but 2.6% below its last 4 quarters average of 25.1
The EPS has grown by 7% YoY
WEC's P/B is 20% above its 5-year quarterly average of 2.3
The equity has grown by 3.7% YoY
WEC's P/S is 32% above its 5-year quarterly average of 3.0
WEC's revenue is down by 6% year-on-year
Efficiency
How efficient is Wec Energy Group business performance
The ROS has grown by 18% YoY and by 3.2% from the previous quarter
Wec Energy Group's ROIC has increased by 4.7% YoY
The ROE has grown by 3.6% YoY
Wec Energy Group's ROA has increased by 3% YoY
Dividends
What is WEC's dividend history
DPS
$2.45
Dividend yield
2.69%
Payout ratio
65.8%
Recent dividends
Financial health
How did Wec Energy Group financials performed over time
Wec Energy Group's total assets is 42% more than its total liabilities
WEC's quick ratio is down by 33% QoQ and by 10% YoY
WEC's current ratio is down by 25% since the previous quarter and by 11% year-on-year
The company's debt is 24% higher than its equity
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.