WEC Energy Group, Inc. (WEC)

Sector: Utilities|Industry: Utilities - Regulated Electric|Market Cap: $29.40B|Employees: 7K


WEC Energy Group is a diversified holding company focused on regulated natural gas and electricity, as well as non-regulated renewable energy. The company operates primarily in Wisconsin, Illinois, Michigan, and Minnesota, with a significant market position in the Midwest. WEC Energy Group has a competitive advantage through its diverse generation portfolio and its ability to provide reliable and affordable energy to its customers.

  1. Filings

Filing Highlights

Financial Performance

Operating revenues for the three months ended March 31, 2025, were $3,149.5 million, compared to $2,680.2 million for the same period in 2024, representing a notable increase. This growth suggests a strong performance in the company's core business activities.

Net income for the three months ended March 31, 2025, was $725.5 million, up from $622.6 million for the same period in 2024. This increase indicates improved profitability and efficient management of expenses.

Basic earnings per share (EPS) increased from $1.97 in 2024 to $2.28 in 2025, and diluted EPS increased from $1.97 to $2.27. This reflects improved profitability on a per-share basis, benefiting shareholders.

Growth & Strategy

Management Execution

Risk Factors

Competitive Position

Operational Efficiency

Innovation & Technology

Capital Allocation

ESG initiatives

Market Environment