WEC ENERGY GROUP, INC.
WEC · XNYSCIK 783325fmd_0YEESND7RT03YPT3T26PMG93CNTransportation, Communications, Electric, Gas and Sanitary Services · Electric & Other Services CombinedTemplate: Utilities
Coverage: Jan 01, 2007 to Sep 30, 2026, 75 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 7,472 | 7,649 | 7,680 | 7,523 | 7,242 | 8,316 | 9,597 | 8,893 | 8,600 | 9,800 |
| Fuel and purchased power | – | – | – | – | – | – | – | – | – | – |
| Cost of revenue | 2,647 | 2,823 | 2,898 | 2,679 | 2,320 | 3,311 | 4,359 | 3,191 | 2,656 | 3,266 |
| Operations and maintenance | 2,186 | 2,047 | – | – | – | – | – | – | – | – |
| Gross profit | 4,825 | 4,826 | 4,782 | 4,844 | 4,922 | 5,005 | 5,239 | 5,702 | 5,944 | 6,534 |
| Realized investment gains (losses) | – | 22 | (2) | 21 | 13 | 19 | (13) | 14 | 12 | 8 |
| Depreciation and amortization | 763 | 799 | 846 | 926 | 976 | 1,074 | 1,123 | 1,264 | 1,355 | 1,479 |
| Taxes other than income taxes | 195 | 195 | 197 | 202 | 208 | 210 | 254 | 250 | 267 | 280 |
| Operating income | 1,696 | 1,776 | 1,468 | 1,531 | 1,706 | 1,715 | 1,924 | 1,908 | 2,153 | 2,245 |
| Interest expense | 403 | 416 | 445 | 502 | 494 | 471 | 515 | 727 | 815 | 895 |
| Interest and investment income | – | – | – | – | – | – | 1 | 4 | 17 | 6 |
| Other non-operating income (expense) | (190) | (188) | (238) | (272) | (277) | (216) | (192) | (372) | (407) | (571) |
| Income before taxes | 1,507 | 1,588 | 1,230 | 1,260 | 1,429 | 1,499 | 1,733 | 1,536 | 1,746 | 1,674 |
| Income tax expense | 567 | 384 | 170 | 125 | 228 | 200 | 323 | 205 | 222 | 118 |
| Net income from continuing operations | 940 | 1,205 | 1,061 | 1,135 | 1,201 | 1,299 | 1,410 | 1,332 | 1,524 | 1,556 |
| Net income | – | 1,205 | 1,061 | 1,135 | 1,201 | 1,299 | 1,410 | 1,332 | 1,524 | 1,556 |
| Net income to common shareholders | 939 | 1,204 | 1,059 | 1,134 | 1,200 | 1,300 | 1,408 | 1,332 | 1,527 | 1,558 |