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WEC Energy Group - Stock

WEC Energy Group Net Income 2024

WEC Energy Group Net Income

1.56 B USD

Ticker

WEC

ISIN

US92939U1060

WKN

A14V4V

In 2024, WEC Energy Group's profit amounted to 1.56 B USD, a 17.08% increase from the 1.33 B USD profit recorded in the previous year.

The WEC Energy Group Net Income history

YEARNET INCOME (undefined USD)
2028e2.03
2027e1.91
2026e1.78
2025e1.68
2024e1.56
20231.33
20221.41
20211.3
20201.2
20191.13
20181.06
20171.2
20160.94
20150.64
20140.59
20130.58
20120.55
20110.53
20100.46
20090.38
20080.36
20070.34
20060.32
20050.31
20040.31

WEC Energy Group Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into WEC Energy Group, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by WEC Energy Group from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects WEC Energy Group’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of WEC Energy Group. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into WEC Energy Group’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing WEC Energy Group’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on WEC Energy Group’s growth potential.

WEC Energy Group Revenue, Profit, and EBIT History

DateWEC Energy Group RevenueWEC Energy Group EBITWEC Energy Group Net Income
2028e11.5 B undefined3.51 B undefined2.03 B undefined
2027e10.75 B undefined3.07 B undefined1.91 B undefined
2026e10.04 B undefined2.83 B undefined1.78 B undefined
2025e9.6 B undefined2.6 B undefined1.68 B undefined
2024e9.18 B undefined2.36 B undefined1.56 B undefined
20238.89 B undefined2.09 B undefined1.33 B undefined
20229.6 B undefined1.92 B undefined1.41 B undefined
20218.32 B undefined1.71 B undefined1.3 B undefined
20207.24 B undefined1.71 B undefined1.2 B undefined
20197.52 B undefined1.54 B undefined1.13 B undefined
20187.68 B undefined1.43 B undefined1.06 B undefined
20177.65 B undefined1.78 B undefined1.2 B undefined
20167.47 B undefined1.69 B undefined939 M undefined
20155.93 B undefined1.36 B undefined638.5 M undefined
20145 B undefined1.11 B undefined588.3 M undefined
20134.52 B undefined1.08 B undefined577.4 M undefined
20124.25 B undefined1 B undefined546.3 M undefined
20114.49 B undefined887.3 M undefined526.2 M undefined
20104.2 B undefined612 M undefined456.5 M undefined
20094.1 B undefined429.6 M undefined382.4 M undefined
20084.4 B undefined167.1 M undefined359.1 M undefined
20074.24 B undefined620.7 M undefined335.6 M undefined
20064 B undefined568.5 M undefined316.4 M undefined
20053.82 B undefined562.9 M undefined308.7 M undefined
20043.41 B undefined531.4 M undefined306.4 M undefined

WEC Energy Group stock margins

The WEC Energy Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of WEC Energy Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for WEC Energy Group.

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Gross margin
EBIT margin
Profit margin
Details

Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the WEC Energy Group's sales revenue. A higher gross margin percentage indicates that the WEC Energy Group retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the WEC Energy Group's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the WEC Energy Group's total revenue generated. When comparing the revenue margin year over year, investors can gauge the WEC Energy Group's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the WEC Energy Group. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the WEC Energy Group's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

WEC Energy Group Margin History

WEC Energy Group Gross marginWEC Energy Group Profit marginWEC Energy Group EBIT marginWEC Energy Group Profit margin
2028e64.12 %30.51 %17.7 %
2027e64.12 %28.59 %17.73 %
2026e64.12 %28.21 %17.72 %
2025e64.12 %27.07 %17.45 %
2024e64.12 %25.69 %16.98 %
202364.12 %23.47 %14.97 %
202254.58 %20.05 %14.67 %
202160.19 %20.62 %15.64 %
202067.97 %23.56 %16.57 %
201964.54 %20.5 %15.07 %
201861.72 %18.57 %13.79 %
201763.09 %23.22 %15.74 %
201664.57 %22.56 %12.57 %
201562.2 %22.92 %10.77 %
201479.27 %22.25 %11.77 %
201385.08 %23.9 %12.78 %
201287.15 %23.56 %12.87 %
201183.76 %19.78 %11.73 %
201082.12 %14.56 %10.86 %
200977.76 %10.48 %9.32 %
200872.27 %3.8 %8.16 %
200775.15 %14.66 %7.92 %
200674.52 %14.23 %7.92 %
200572.55 %14.75 %8.09 %
200473.84 %15.6 %9 %

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.

Net Income Details

Understanding WEC Energy Group's Profit Margins

The profit margins of WEC Energy Group represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of WEC Energy Group's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating WEC Energy Group's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

WEC Energy Group's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When WEC Energy Group’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about WEC Energy Group Stock

How much profit has WEC Energy Group made this year?

WEC Energy Group has made 1.56 B USD this year.

How has the profit developed compared to last year?

The profit has increased by 17.08% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does WEC Energy Group publish its earnings?

WEC Energy Group publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of WEC Energy Group?

The profits of WEC Energy Group are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of WEC Energy Group?

You can learn more about the earnings of WEC Energy Group by reviewing the quarterly or annual reports or following the company presentations.

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 3.94 %. 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 3.94 %.

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 4.1 %.

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.