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WEC Energy Group Inc

Utilities US WEC

95.85USD
0.84(0.88%)

Last update at 2024-09-13T20:10:00Z

Day Range

94.7495.87
LowHigh

52 Week Range

74.7396.61
LowHigh

Fundamentals

  • Previous Close 95.01
  • Market Cap26382.98M
  • Volume1824025
  • P/E Ratio19.18
  • Dividend Yield4.03%
  • EBITDA3277.00M
  • Revenue TTM9233.90M
  • Revenue Per Share TTM29.28
  • Gross Profit TTM 3307.50M
  • Diluted EPS TTM4.36

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 1732.60M 1498.80M 1429.30M 1259.70M 1230.30M
Minority interest -0.40000M 3.00M 0.30M -0.50000M 53.80M
Net income 1409.30M 1301.50M 1201.10M 1135.20M 1060.50M
Selling general administrative 2191.70M 2215.80M 2240.20M 2386.60M 2467.40M
Selling and marketing expenses - - - - -
Gross profit 3300.50M 2999.50M 2890.00M 2659.50M 2511.10M
Reconciled depreciation 1122.60M 1074.30M 975.90M 926.30M 845.80M
Ebit 1924.20M 1714.90M 1706.10M 1531.40M 1675.40M
Ebitda 3370.30M 3080.50M 2937.30M 2687.50M 2521.20M
Depreciation and amortization 1446.10M 1365.60M 1231.20M 1156.10M 845.80M
Non operating income net other 323.50M 255.00M 216.90M 229.80M 207.00M
Operating income 1924.20M 1714.90M 1706.10M 1531.40M 1468.40M
Other operating expenses 7673.20M 6601.10M 5535.60M 5991.70M 6211.10M
Interest expense 515.10M 471.10M 493.70M 501.50M 445.10M
Tax provision 322.90M 200.30M 227.90M 125.00M 169.80M
Interest income 320.40M 313.00M 317.90M 352.70M 308.40M
Net interest income -515.10000M -471.10000M -493.70000M -501.50000M -445.10000M
Extraordinary items - - - - 0.00000M
Non recurring - - - - -
Other items - - - - -
Income tax expense 322.90M 200.30M 227.90M 125.00M 169.80M
Total revenue 9597.40M 8316.00M 7241.70M 7523.10M 7679.50M
Total operating expenses 1376.30M 1284.60M 1183.90M 1128.10M 1042.70M
Cost of revenue 6296.90M 5316.50M 4351.70M 4863.60M 5168.40M
Total other income expense net -191.60000M -216.10000M -276.80000M -271.70000M 207.00M
Discontinued operations - - - - -
Net income from continuing ops 1409.70M 1298.50M 1201.40M 1134.70M 1060.50M
Net income applicable to common shares 1408.10M 1300.30M 1199.90M 1134.00M 1059.30M
Preferred stock and other adjustments 1.20M 1.20M 1.20M - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 41872.10M 38988.50M 37028.10M 34951.80M 33475.80M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 261.70M 253.40M 63.40M 68.00M 77.20M
Total liab 30255.50M 27875.20M 26365.60M 24697.20M 23633.10M
Total stockholder equity 11407.30M 10943.60M 10500.10M 10143.80M 9819.30M
Deferred long term liab 4996.30M 3264.80M 4472.00M 4266.40M 3908.50M
Other current liab 513.90M 291.70M 530.70M 550.80M 129.80M
Common stock 3.20M 3.20M 3.20M 3.20M 3.20M
Capital stock 33.60M 33.60M 33.60M 33.60M 33.60M
Retained earnings 7265.30M 6775.10M 6329.60M 5927.70M 5538.20M
Other liab 10852.90M 10598.50M 10489.40M 10263.30M 10305.50M
Good will 3052.80M 3052.80M 3052.80M 3052.80M 3052.80M
Other assets 6960.30M 5006.10M 4751.00M 4423.10M 4509.20M
Cash 28.90M 16.30M 24.80M 37.50M 84.50M
Cash and equivalents 28.90M 16.30M 24.80M 37.50M 84.50M
Total current liabilities 4611.00M 3753.00M 4148.10M 3182.70M 3331.70M
Current deferred revenue 370.70M 389.20M 174.00M 199.80M 520.40M
Net debt 17265.60M 15573.80M 14266.00M 12697.50M 11714.60M
Short term debt 2528.30M 2066.40M 2562.70M 1524.00M 1805.10M
Short long term debt 2528.30M 2066.40M 2562.70M 1524.00M 1805.10M
Short long term debt total 17294.50M 15590.10M 14290.80M 12735.00M 11799.10M
Other stockholder equity 4115.20M 4138.10M 4143.70M 4186.60M 4250.10M
Property plant equipment 29113.80M 26982.40M 25707.40M 23620.10M 22000.90M
Total current assets 3187.70M 2656.70M 2083.00M 2093.60M 2247.60M
Long term investments 1909.20M 1789.40M 1764.30M 1720.80M 1665.30M
Net tangible assets 8324.10M 7860.40M 10469.70M 10113.40M 9788.90M
Short term investments 1909.20M 1789.40M 1764.00M - -
Net receivables 1818.40M 1505.70M 1202.80M 1176.50M 1280.90M
Long term debt 14766.20M 13523.70M 11728.10M 11211.00M 9994.00M
Inventory 807.10M 635.80M 528.60M 549.80M 548.20M
Accounts payable 1198.10M 1005.70M 880.70M 908.10M 876.40M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 209.30M 169.70M 162.40M 110.80M 23.40M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -6.80000M -3.20000M -6.80000M -4.10000M -2.60000M
Additional paid in capital - - - - -
Common stock total equity 3.20M 3.20M 3.00M 3.20M 3.20M
Preferred stock total equity 30.40M 30.40M 30.40M 30.40M 30.40M
Retained earnings total equity 7265.30M 6775.10M 6329.60M 5927.70M 5538.20M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -17.00000M 361.10M 896.50M 957.80M 1121.10M
Deferred long term asset charges - - - - -
Non current assets total 38684.40M 36331.80M 34945.10M 32858.20M 31228.20M
Capital lease obligations 183.20M 129.70M 63.40M 45.90M -
Long term debt total 14766.20M 13523.70M 11728.10M 11211.00M 9994.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -2642.40000M -2311.80000M -21.20000M -52.60000M -130.60000M
Change to liabilities 248.40M 126.90M -102.50000M 80.20M 43.00M
Total cashflows from investing activities -2642.40000M -2311.80000M -2806.80000M -2494.90000M -2384.40000M
Net borrowings 1657.30M 1243.50M 1552.70M 925.60M 782.20M
Total cash from financing activities 676.40M 294.00M 601.10M 85.60M 26.40M
Change to operating activities 51.10M -77.30000M -27.80000M 71.60M -77.60000M
Net income 1409.70M 1298.50M 1201.40M 1134.70M 1060.50M
Change in cash 94.70M 14.90M -9.70000M -63.80000M 87.50M
Begin period cash flow 87.50M 72.60M 82.30M 146.10M 58.60M
End period cash flow 182.20M 87.50M 72.60M 82.30M 146.10M
Total cash from operating activities 2060.70M 2032.70M 2196.00M 2345.50M 2445.50M
Issuance of capital stock - - - - -
Depreciation 1122.60M 1074.30M 975.90M 926.30M 845.80M
Other cashflows from investing activities -308.30000M 39.00M -546.80000M -181.50000M -76.70000M
Dividends paid -917.90000M -854.80000M -798.00000M -744.50000M 697.30M
Change to inventory -171.30000M -107.20000M 21.20M -1.50000M -8.80000M
Change to account receivables -282.10000M -331.50000M 16.00M 98.20M 23.50M
Sale purchase of stock -69.20000M -33.10000M -99.20000M -140.10000M -72.40000M
Other cashflows from financing activities 2008.20M -77.30000M -98.20000M -22.40000M -15.20000M
Change to netincome -45.00000M -35.10000M 70.50M 114.70M 491.50M
Capital expenditures 2334.10M 2252.80M 2238.80M 2260.80M 2115.70M
Change receivables -342.10000M -249.20000M 16.10M 98.20M 23.50M
Cash flows other operating -161.60000M -60.10000M 13.40M -7.10000M 1050.50M
Exchange rate changes - - - - -
Cash and cash equivalents changes 94.70M 14.90M -9.70000M -63.80000M 87.50M
Change in working capital -340.80000M -306.80000M -51.80000M 169.80M 47.70M
Stock based compensation - -25.10000M -29.10000M -2.90000M -18.60000M
Other non cash items -410.90000M -159.30000M -109.80000M -45.30000M 212.80M
Free cash flow -273.40000M -220.10000M -42.80000M 84.70M 329.80M

Peer Comparison

Sector: Utilities Industry: Utilities - Regulated Electric

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
WEC
WEC Energy Group Inc
0.84 0.88% 95.85 19.18 16.61 2.79 2.19 4.77 12.52
NEE
Nextera Energy Inc
1.19 1.43% 84.65 15.77 17.61 4.52 2.61 7.10 12.28
SO
Southern Company
0.95 1.07% 89.44 25.35 17.76 2.89 2.48 5.27 13.35
DUK
Duke Energy Corporation
1.34 1.16% 117.31 20.54 16.34 2.60 1.59 5.34 11.98
NGG
National Grid PLC ADR
0.33 0.48% 69.60 15.63 13.83 2.41 1.32 5.05 14.80

Reports Covered

Stock Research & News

Profile

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, and oil, as well as hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2022, it operated approximately 35,600 miles of overhead distribution lines and 36,100 miles of underground distribution cables, as well as 430 electric distribution substations and 514,800 line transformers; 52,000 miles of natural gas distribution mains; 1,100 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.

WEC Energy Group Inc

231 West Michigan Street, Milwaukee, WI, United States, 53201

Key Executives

Name Title Year Born
Mr. Gale E. Klappa Exec. Chairman 1951
Mr. Scott J. Lauber Pres, CEO & Director 1966
Ms. Xia Liu C.F.A. Exec. VP & CFO 1970
Ms. Margaret C. Kelsey Exec. VP, Gen. Counsel & Corp. Sec. 1965
Mr. William J. Guc VP, Controller & Principal Accounting Officer 1970
Ms. Mary Beth Straka CPA Sr. VP of Corp. Communications & Investor Relations 1965
Mr. Robert M. Garvin Exec. VP of External Affairs 1967
Mr. James A. Schubilske VP & Chief Audit Officer 1966
Mr. Daniel P. Krueger Exec. VP of WEC Infrastructure - WEC Bus. Services LLC NA
Mr. William Mastoris Exec. VP of Customer Service & Operations - WEC Bus. Services LLC 1964

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