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WEC Energy Group Inc (WEC)
NYSE:WEC

WEC Energy Group (WEC) Income Statement

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WEC Energy Group Income Statement

Last quarter (Q3 2023), WEC Energy Group's total revenue was $1.96B, a decrease of -2.28% from the same quarter last year. In Q3, WEC Energy Group's net income was $316.00M. See WEC Energy Group’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 9.23B$ 9.60B$ 8.32B$ 7.24B$ 7.52B$ 7.68B
Cost of Revenue
$ 2.43B-$ 3.31B$ 4.35B$ 4.86B$ 5.17B
Gross Profit
$ 8.65B$ 9.60B$ 8.32B$ 2.89B$ 2.66B$ 2.51B
Operating Expense
$ 3.62B$ 3.31B$ 3.29B$ 1.18B$ 1.13B$ 1.04B
Operating Income
$ 5.03B$ 6.28B$ 5.03B$ 1.71B$ 1.53B$ 1.47B
Net Non Operating Interest Income Expense
$ -683.60M$ -515.10M$ -471.10M$ -493.70M$ -501.50M$ -445.10M
Other Income Expense
$ -344.00M$ -323.50M$ -255.00M$ 216.90M$ 229.80M$ 207.00M
Pretax Income
$ 6.10B$ 6.09B$ 1.50B$ 1.43B$ 1.26B$ 1.23B
Tax Provision
$ 242.00M$ 322.90M$ 200.30M$ 227.90M$ 125.00M$ 169.80M
Earnings From Equity Interest Net Of Tax
$ -16.30M-$ 158.10M---
Net Income Common Stockholders
$ 3.91B$ 5.77B$ 4.61B$ 1.20B$ 1.13B$ 1.06B
Basic EPS
$ 4.33$ 4.46$ 4.12$ 3.80$ 3.60$ 3.36
Diluted EPS
$ 4.32$ 4.45$ 4.11$ 3.79$ 3.58$ 3.34
Basic Average Shares
$ 1.26B$ 315.40M$ 315.40M$ 315.40M$ 315.40M$ 315.50M
Diluted Average Shares
$ 1.26B$ 316.10M$ 316.30M$ 316.50M$ 316.70M$ 316.90M
Dividend Per Share
$ 0.88-$ 2.71$ 2.53$ 2.36$ 2.21
Total Operating Income As Reported
------
Reported Normalized Basic E P S
------
Reported Normalized Diluted E P S
-----$ 3.34
Rent Expense Supplemental
------
Total Expenses
$ 6.05B$ 3.31B$ 6.60B$ 5.54B$ 5.99B$ 6.21B
Interest Expense
---$ 493.70M$ 501.50M$ 445.10M
Net Income From Continuing And Discontinued Operation
$ 2.60B$ 5.77B$ 1.30B$ 1.20B$ 1.14B$ 1.06B
Normalized Income
$ 564.46M$ 4.81B-$ 1.21B$ 1.10B$ 1.05B
EBIT
$ 6.79B$ 6.61B$ 1.97B$ 1.92B$ 1.76B$ 1.68B
EBITDA
$ 8.01B$ 7.73B$ 3.04B$ 2.90B$ 2.69B$ 2.52B
Currency in USD

WEC Energy Group Earnings and Revenue History

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