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WEC Energy Group - Stock

WEC Energy Group ROA 2024

WEC Energy Group ROA

0.03

Ticker

WEC

ISIN

US92939U1060

WKN

A14V4V

In 2024, WEC Energy Group's return on assets (ROA) was 0.03, a -9.88% increase from the 0.03 ROA in the previous year.

WEC Energy Group Aktienanalyse

What does WEC Energy Group do?

WEC Energy Group Inc. is a large energy supply company from the United States. The company operates in the electricity generation and energy distribution sector and is headquartered in Milwaukee, Wisconsin. The company's history dates back to 1896 and is characterized by constant expansion and diversification of its offerings. WEC Energy Group's business model is focused on stable and sustainable energy supply. The company is committed to expanding renewable energy sources and utilizing innovative technologies and environmentally friendly processes. Based on this guiding principle, WEC Energy Group has developed six business segments: 1. Wisconsin Electric Power Company The Wisconsin Electric Power Company (We Energies) is the most important subsidiary of WEC Energy Group. It operates several power plants in Wisconsin and serves approximately 2.2 million customers with electricity and gas. The primary sources of generation include coal, as well as gas, oil, wind, and solar energy. 2. Wisconsin Gas LLC Wisconsin Gas is a subsidiary of We Energies and provides natural gas to customers in Wisconsin. The gas tariff is calculated based on current market prices. 3. Minnesota Energy Resources Corporation In Minnesota, WEC Energy Group operates a gas distribution network through the Minnesota Energy Resources Corporation (MERC). The gas supply is also calculated based on market prices. 4. Integrys Energy Services, Inc. Integrys Energy Services, Inc. sells various energy services to customers in the United States and Canada. The company offers services such as electricity procurement, delivery, and trading. 5. We Power LLC We Power LLC is a joint venture between WEC Energy Group and two other energy providers. The company offers consumer-focused electricity trading enhanced by advanced technology and intelligent networks. 6. WEC Infrastructure LLC WEC Infrastructure LLC invests in the US power transmission network and is involved in several important energy infrastructure projects. This includes the expansion of renewable energies and smart grid technology. WEC Energy Group's products, such as electricity and gas, are sold to customers in Wisconsin, Michigan, Minnesota, and Illinois. The company specializes in renewable energies such as wind, solar, and biomass, and aims to expand these technologies. Through the use of innovative technologies, WEC Energy Group strives to act sustainably and environmentally conscious. In summary, WEC Energy Group Inc. is one of the leading energy providers in the United States. For over 125 years, the company has been delivering energy safely and reliably. Through broad diversification and the use of innovative technologies, WEC Energy Group offers sustainable energy supply with excellent service. WEC Energy Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding WEC Energy Group's Return on Assets (ROA)

WEC Energy Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing WEC Energy Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider WEC Energy Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in WEC Energy Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about WEC Energy Group Stock

What is the Return on Assets (ROA) of WEC Energy Group this year?

The Return on Assets (ROA) of WEC Energy Group is 0.03 undefined this year.

What was the ROA of WEC Energy Group compared to the previous year?

The ROA of WEC Energy Group has increased by -9.88% compared to the previous year.

What consequences do high ROA have for investors of WEC Energy Group?

A high ROA is advantageous for investors of WEC Energy Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in WEC Energy Group?

A low ROA can be unfavorable for investors of WEC Energy Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of WEC Energy Group affect the company?

An increase in ROA of WEC Energy Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of WEC Energy Group impact the company?

A reduction in the ROA of WEC Energy Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of WEC Energy Group?

Some factors that can influence the ROA of WEC Energy Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of WEC Energy Group important for investors?

The ROA of WEC Energy Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can WEC Energy Group take to improve ROA?

To improve ROA, WEC Energy Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does WEC Energy Group pay?

Over the past 12 months, WEC Energy Group paid a dividend of 3.12 USD . This corresponds to a dividend yield of about 3.98 %. For the coming 12 months, WEC Energy Group is expected to pay a dividend of 3.25 USD.

What is the dividend yield of WEC Energy Group?

The current dividend yield of WEC Energy Group is 3.98 %.

When does WEC Energy Group pay dividends?

WEC Energy Group pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of WEC Energy Group?

WEC Energy Group paid dividends every year for the past 25 years.

What is the dividend of WEC Energy Group?

For the upcoming 12 months, dividends amounting to 3.25 USD are expected. This corresponds to a dividend yield of 4.15 %.

In which sector is WEC Energy Group located?

WEC Energy Group is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von WEC Energy Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of WEC Energy Group from 6/1/2024 amounting to 0.835 USD, you needed to have the stock in your portfolio before the ex-date on 5/13/2024.

When did WEC Energy Group pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of WEC Energy Group in the year 2023?

In the year 2023, WEC Energy Group distributed 2.91 USD as dividends.

In which currency does WEC Energy Group pay out the dividend?

The dividends of WEC Energy Group are distributed in USD.

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Andere Kennzahlen von WEC Energy Group

Our stock analysis for WEC Energy Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of WEC Energy Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.