RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
WEC Energy Group - Stock

WEC Energy Group ROE 2024

WEC Energy Group ROE

0.11

Ticker

WEC

ISIN

US92939U1060

WKN

A14V4V

In 2024, WEC Energy Group's return on equity (ROE) was 0.11, a -8.22% increase from the 0.12 ROE 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.

ROE Details

Decoding WEC Energy Group's Return on Equity (ROE)

WEC Energy Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing WEC Energy Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

WEC Energy Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in WEC Energy Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about WEC Energy Group Stock

What is the ROE (Return on Equity) of WEC Energy Group this year?

The ROE of WEC Energy Group this year is 0.11 undefined.

How has the Return on Equity (ROE) of WEC Energy Group developed compared to the previous year?

The ROE of WEC Energy Group has increased by -8.22% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of WEC Energy Group?

A high ROE indicates that WEC Energy Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of WEC Energy Group?

A low ROE can indicate that WEC Energy Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of WEC Energy Group affect the company?

A change in ROE (Return on Equity) of WEC Energy Group can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of WEC Energy Group?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of WEC Energy Group?

Some factors that can influence WEC Energy Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 3.99 %. 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 3.99 %.

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 4.16 %.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The WEC Energy Group stock can be added to a savings plan with the following providers: Trade Republic

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.