WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2024, the company operated approximately 35,300 miles of overhead distribution lines and 37,100 miles of underground distribution cables, as well as 420 electric distribution substations and 640,100 line transformers; approximately 47,000 miles of natural gas distribution mains; 1,300 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 510 natural gas distribution and transmission gate stations; and 67.0 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
WEC Energy Group, Inc. (WEC) reported trailing twelve months (TTM) revenue of $9.80B as of December 2025, which represents a 14.0% increase year-over-year. The company's operating margin has contracted to 23.0% from 26.4% a year ago. In terms of profitability, WEC generated $1.56B in net income. Valuation-wise, the stock trades at a P/E ratio of 22.2x and a Price-to-Sales (P/S) ratio of 3.5x. The company reported negative free cash flow of $-796.10M over the last twelve months, indicating cash consumption over the period. Data based on the most recent quarterly reports.
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