
WEC Energy Group Inc
NYSE:WEC

Income Statement
Earnings Waterfall
WEC Energy Group Inc
Revenue
|
8.6B
USD
|
Cost of Revenue
|
-2.7B
USD
|
Gross Profit
|
5.9B
USD
|
Operating Expenses
|
-3.8B
USD
|
Operating Income
|
2.2B
USD
|
Other Expenses
|
-637.7m
USD
|
Net Income
|
1.5B
USD
|
Income Statement
WEC Energy Group Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 997
N/A
|
4 690
-6%
|
4 638
-1%
|
5 303
+14%
|
5 926
+12%
|
6 733
+14%
|
7 344
+9%
|
7 358
+0%
|
7 472
+2%
|
7 582
+1%
|
7 612
+0%
|
7 557
-1%
|
7 649
+1%
|
7 631
0%
|
7 672
+1%
|
7 658
0%
|
7 680
+0%
|
7 770
+1%
|
7 688
-1%
|
7 652
0%
|
7 523
-2%
|
7 254
-4%
|
7 213
-1%
|
7 256
+1%
|
7 242
0%
|
7 825
+8%
|
7 952
+2%
|
8 048
+1%
|
8 316
+3%
|
8 533
+3%
|
8 984
+5%
|
9 241
+3%
|
9 597
+4%
|
9 577
0%
|
9 280
-3%
|
9 234
0%
|
8 893
-4%
|
8 685
-2%
|
8 627
-1%
|
8 533
-1%
|
8 600
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 036)
|
(1 059)
|
(1 286)
|
(1 806)
|
(2 240)
|
(2 465)
|
(2 620)
|
(2 585)
|
(2 647)
|
(2 747)
|
(2 784)
|
(2 774)
|
(2 823)
|
(2 858)
|
(2 862)
|
(2 850)
|
(2 940)
|
(2 980)
|
(2 923)
|
(2 896)
|
(2 668)
|
(2 361)
|
(2 314)
|
(2 291)
|
(2 320)
|
(2 850)
|
(2 932)
|
(3 010)
|
(3 311)
|
(3 429)
|
(3 838)
|
(4 082)
|
(4 359)
|
(4 285)
|
(3 883)
|
(3 666)
|
(3 191)
|
(2 809)
|
(2 745)
|
(2 679)
|
(2 656)
|
|
Gross Profit |
3 961
N/A
|
3 632
-8%
|
3 352
-8%
|
3 497
+4%
|
3 686
+5%
|
4 268
+16%
|
4 723
+11%
|
4 773
+1%
|
4 825
+1%
|
4 835
+0%
|
4 828
0%
|
4 783
-1%
|
4 826
+1%
|
4 773
-1%
|
4 809
+1%
|
4 808
0%
|
4 740
-1%
|
4 790
+1%
|
4 766
-1%
|
4 757
0%
|
4 855
+2%
|
4 894
+1%
|
4 899
+0%
|
4 965
+1%
|
4 922
-1%
|
4 974
+1%
|
5 020
+1%
|
5 038
+0%
|
5 005
-1%
|
5 104
+2%
|
5 147
+1%
|
5 159
+0%
|
5 239
+2%
|
5 292
+1%
|
5 396
+2%
|
5 568
+3%
|
5 702
+2%
|
5 877
+3%
|
5 882
+0%
|
5 855
0%
|
5 944
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(2 849)
|
(2 542)
|
(2 338)
|
(2 384)
|
(2 328)
|
(2 787)
|
(3 076)
|
(3 073)
|
(3 139)
|
(3 125)
|
(3 091)
|
(3 055)
|
(3 050)
|
(3 074)
|
(3 141)
|
(3 235)
|
(3 313)
|
(3 369)
|
(3 359)
|
(3 355)
|
(3 313)
|
(3 235)
|
(3 260)
|
(3 266)
|
(3 216)
|
(3 304)
|
(3 320)
|
(3 318)
|
(3 290)
|
(3 323)
|
(3 326)
|
(3 324)
|
(3 314)
|
(3 430)
|
(3 517)
|
(3 621)
|
(3 615)
|
(3 824)
|
(3 890)
|
(3 951)
|
(3 779)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
|
Depreciation & Amortization |
(409)
|
(411)
|
(413)
|
(486)
|
(562)
|
(647)
|
(734)
|
(749)
|
(763)
|
(769)
|
(777)
|
(787)
|
(799)
|
(813)
|
(822)
|
(833)
|
(846)
|
(864)
|
(887)
|
(908)
|
(926)
|
(939)
|
(952)
|
(963)
|
(976)
|
(998)
|
(1 022)
|
(1 049)
|
(1 074)
|
(1 091)
|
(1 104)
|
(1 113)
|
(1 123)
|
(1 150)
|
(1 184)
|
(1 224)
|
(1 264)
|
(1 292)
|
(1 315)
|
(1 335)
|
(1 355)
|
|
Operations Maintenance |
(1 112)
|
(1 118)
|
(1 199)
|
(1 485)
|
(1 602)
|
(1 960)
|
(2 145)
|
(2 127)
|
(2 182)
|
(2 159)
|
(2 116)
|
(2 072)
|
(2 056)
|
(2 068)
|
(2 125)
|
(2 205)
|
(2 271)
|
(2 309)
|
(2 275)
|
(2 251)
|
(2 185)
|
(2 090)
|
(2 059)
|
(2 029)
|
(2 032)
|
(2 056)
|
(2 047)
|
(2 022)
|
(2 006)
|
(1 980)
|
(1 965)
|
(1 946)
|
(1 938)
|
(2 018)
|
(2 065)
|
(2 127)
|
(2 095)
|
(2 097)
|
(2 135)
|
(2 185)
|
(2 152)
|
|
Purchased Fuel Power Gas |
(1 223)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(104)
|
(1 014)
|
(726)
|
(412)
|
(164)
|
(180)
|
(197)
|
(197)
|
(195)
|
(197)
|
(198)
|
(196)
|
(195)
|
(194)
|
(194)
|
(196)
|
(197)
|
(196)
|
(197)
|
(196)
|
(202)
|
(206)
|
(249)
|
(274)
|
(208)
|
(249)
|
(251)
|
(247)
|
(210)
|
(252)
|
(257)
|
(265)
|
(254)
|
(263)
|
(268)
|
(270)
|
(250)
|
(435)
|
(441)
|
(431)
|
(267)
|
|
Operating Income |
1 112
N/A
|
1 089
-2%
|
1 014
-7%
|
1 114
+10%
|
1 358
+22%
|
1 481
+9%
|
1 647
+11%
|
1 701
+3%
|
1 686
-1%
|
1 710
+1%
|
1 737
+2%
|
1 728
0%
|
1 776
+3%
|
1 699
-4%
|
1 669
-2%
|
1 573
-6%
|
1 426
-9%
|
1 421
0%
|
1 407
-1%
|
1 402
0%
|
1 542
+10%
|
1 658
+8%
|
1 639
-1%
|
1 699
+4%
|
1 706
+0%
|
1 670
-2%
|
1 700
+2%
|
1 720
+1%
|
1 715
0%
|
1 781
+4%
|
1 820
+2%
|
1 834
+1%
|
1 924
+5%
|
1 862
-3%
|
1 879
+1%
|
1 947
+4%
|
2 087
+7%
|
2 052
-2%
|
1 992
-3%
|
1 903
-4%
|
2 165
+14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(176)
|
(174)
|
(180)
|
(201)
|
(235)
|
(253)
|
(275)
|
(273)
|
(256)
|
(259)
|
(247)
|
(249)
|
(261)
|
(269)
|
(290)
|
(297)
|
(266)
|
(278)
|
(287)
|
(283)
|
(364)
|
(410)
|
(340)
|
(329)
|
(305)
|
(279)
|
(298)
|
(298)
|
(275)
|
(312)
|
(310)
|
(298)
|
(324)
|
(386)
|
(444)
|
(518)
|
(537)
|
(568)
|
(587)
|
(607)
|
(574)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(108)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(38)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(179)
|
0
|
0
|
0
|
11
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
21
|
21
|
23
|
47
|
45
|
45
|
43
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
13
|
15
|
13
|
21
|
36
|
42
|
50
|
46
|
38
|
66
|
47
|
57
|
74
|
67
|
85
|
94
|
70
|
94
|
86
|
82
|
81
|
69
|
62
|
60
|
67
|
81
|
104
|
109
|
95
|
140
|
120
|
130
|
132
|
143
|
171
|
178
|
165
|
181
|
173
|
176
|
145
|
|
Pre-Tax Income |
950
N/A
|
931
-2%
|
868
-7%
|
955
+10%
|
1 074
+13%
|
1 316
+23%
|
1 467
+11%
|
1 519
+4%
|
1 507
-1%
|
1 517
+1%
|
1 537
+1%
|
1 537
0%
|
1 588
+3%
|
1 497
-6%
|
1 464
-2%
|
1 369
-6%
|
1 230
-10%
|
1 237
+1%
|
1 206
-3%
|
1 201
0%
|
1 260
+5%
|
1 317
+5%
|
1 362
+3%
|
1 430
+5%
|
1 429
0%
|
1 472
+3%
|
1 506
+2%
|
1 531
+2%
|
1 499
-2%
|
1 609
+7%
|
1 630
+1%
|
1 666
+2%
|
1 733
+4%
|
1 619
-7%
|
1 607
-1%
|
1 607
+0%
|
1 536
-4%
|
1 665
+8%
|
1 578
-5%
|
1 472
-7%
|
1 746
+19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(362)
|
(354)
|
(343)
|
(373)
|
(434)
|
(525)
|
(575)
|
(593)
|
(567)
|
(567)
|
(569)
|
(570)
|
(590)
|
(465)
|
(401)
|
(288)
|
(170)
|
(147)
|
(111)
|
(105)
|
(125)
|
(150)
|
(189)
|
(224)
|
(228)
|
(213)
|
(213)
|
(217)
|
(200)
|
(253)
|
(262)
|
(284)
|
(323)
|
(270)
|
(255)
|
(242)
|
(205)
|
(218)
|
(211)
|
(183)
|
(222)
|
|
Income from Continuing Operations |
588
|
577
|
525
|
582
|
640
|
792
|
892
|
927
|
940
|
951
|
968
|
967
|
998
|
1 032
|
1 064
|
1 081
|
1 061
|
1 091
|
1 095
|
1 096
|
1 135
|
1 167
|
1 173
|
1 206
|
1 201
|
1 259
|
1 293
|
1 314
|
1 299
|
1 356
|
1 368
|
1 381
|
1 410
|
1 349
|
1 352
|
1 365
|
1 332
|
1 447
|
1 367
|
1 290
|
1 524
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
(0)
|
0
|
0
|
2
|
3
|
1
|
1
|
(1)
|
(0)
|
2
|
2
|
2
|
1
|
1
|
3
|
4
|
4
|
|
Net Income (Common) |
588
N/A
|
577
-2%
|
524
-9%
|
581
+11%
|
639
+10%
|
789
+24%
|
889
+13%
|
924
+4%
|
939
+2%
|
949
+1%
|
967
+2%
|
966
0%
|
1 204
+25%
|
1 237
+3%
|
1 269
+3%
|
1 287
+1%
|
1 059
-18%
|
1 089
+3%
|
1 094
+0%
|
1 095
+0%
|
1 134
+4%
|
1 166
+3%
|
1 172
+1%
|
1 205
+3%
|
1 200
0%
|
1 258
+5%
|
1 292
+3%
|
1 315
+2%
|
1 300
-1%
|
1 356
+4%
|
1 368
+1%
|
1 380
+1%
|
1 408
+2%
|
1 350
-4%
|
1 352
+0%
|
1 366
+1%
|
1 332
-3%
|
1 447
+9%
|
1 368
-5%
|
1 292
-6%
|
1 527
+18%
|
|
EPS (Diluted) |
2.58
N/A
|
2.53
-2%
|
2.3
-9%
|
1.83
-20%
|
2.34
+28%
|
2.48
+6%
|
2.8
+13%
|
2.9
+4%
|
2.96
+2%
|
2.98
+1%
|
3.04
+2%
|
3.04
N/A
|
3.79
+25%
|
3.9
+3%
|
4
+3%
|
4.06
+1%
|
3.34
-18%
|
3.45
+3%
|
3.46
+0%
|
3.46
N/A
|
3.58
+3%
|
3.68
+3%
|
3.7
+1%
|
3.8
+3%
|
3.79
0%
|
3.97
+5%
|
4.08
+3%
|
4.16
+2%
|
4.11
-1%
|
4.29
+4%
|
4.33
+1%
|
4.37
+1%
|
4.45
+2%
|
4.28
-4%
|
4.28
N/A
|
4.32
+1%
|
4.22
-2%
|
4.58
+9%
|
4.33
-5%
|
4.09
-6%
|
4.83
+18%
|