WEC Energy Group, Inc.WEC
NYSE•Utilities•Utilities - Regulated Electric
Understand cash generation quality and how management allocates capital.
Free cash flow was $400.50M in the latest quarter (13.2% decrease YoY). FCF margin is 4.0%. Shares outstanding increased by 2.8% year-over-year, indicating dilution (potentially from stock compensation or capital raises). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation