Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
WEC Energy Group reported FY2025 revenue of $9.80B (+14.0% YoY), driven by strong top-line growth, though operating margin compressed to 22.9% from 25.0% as cost of revenue rose 23.0% and capital investment spending surged.
Revenue
$9.8B
+13.96% YoY
EPS (Diluted)
$4.81
-0.41% YoY
Operating Income
$2.24B
+4.28% YoY
Source: SEC XBRL
Wec Energy Group (WEC) reported FY2025 revenue of $9.8B, up 14.0% year over year. Operating margin was 22.9%, down 2.1 points from 25.0% a year earlier. Operating cash flow was $3.38B, up 5.2% year over year.
Last 4 quarters: 3 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 0.91 | 0.82 | Beat +10.5% |
| Mar 2026 | 2.45 | 2.30 | Beat +6.7% |
| Dec 2025This filing | 0.97 | 1.41 | Miss -31.3% |
| Sep 2025 | 0.83 | 0.82 | Beat +1.8% |
Reported EPS of $0.97 versus the $1.41 analyst consensus — a -31.3% miss for Dec 2025.
Compiled by AI from this SEC filing
WEC's revenue grew 14.0% YoY to $9.80B in FY2025 from $8.60B in FY2024, reflecting utility rate increases and higher energy demand. This top-line expansion outpaced prior-year levels significantly.
Source: 10-K Income Statement (XBRL Financial Data)
Cost of revenue rose 23.0% YoY to $3.27B, outpacing revenue growth of 14.0%, which compressed the operating margin to 22.9% from 25.0% in the prior year — a 210 basis point decline. This suggests rising fuel, purchased power, or operational costs.
Source: 10-K Income Statement & Key Ratios (XBRL Financial Data)
Total assets grew 8.8% YoY to $51.52B, while investing cash outflows deepened to -$4.87B from -$3.80B (-28.2% YoY), reflecting an accelerating capital expenditure program typical of regulated utilities investing in grid modernization and clean energy infrastructure.
Source: 10-K Balance Sheet & Cash Flow Statement (XBRL Financial Data)
Operating cash flow increased 5.2% YoY to $3.38B, demonstrating the company's ability to generate consistent cash from regulated utility operations. Free cash flow is negative (Operating CF $3.38B minus Investing CF $4.87B), as is typical for capital-intensive utilities in expansion mode.
Source: 10-K Cash Flow Statement (XBRL Financial Data)
Financing cash inflows rose to $1.52B in FY2025 from $0.47B in FY2024 (+225.8% YoY), indicating WEC is actively issuing long-term debt (now $20.02B, up 5.9% YoY) to fund its infrastructure investment program, consistent with regulated utility capital allocation strategy.
Source: 10-K Cash Flow Statement & Balance Sheet (XBRL Financial Data)
Compiled by AI from this SEC filing · 2 high, 3 medium, 0 low
WEC carries $20.02B in long-term debt as of FY2025, up 5.9% YoY, against a current ratio of only 0.59, indicating current liabilities ($5.59B) significantly exceed current assets ($3.28B). In a rising interest rate environment, refinancing this debt load could increase interest expense and pressure earnings.
Source: 10-K Balance Sheet (XBRL Financial Data)
WEC's investing cash outflows of -$4.87B far exceed its operating cash flow of $3.38B, resulting in deeply negative free cash flow. This reliance on external financing (debt and equity issuance) to fund capital expenditures creates vulnerability if capital markets tighten or credit ratings deteriorate.
Source: 10-K Cash Flow Statement (XBRL Financial Data)
Cost of revenue grew 23.0% YoY versus revenue growth of 14.0%, compressing operating margin by approximately 210 basis points to 22.9%. If WEC cannot recover higher costs through regulatory rate cases in a timely manner, profitability could continue to erode.
Source: 10-K Income Statement & Key Ratios (XBRL Financial Data)
As a regulated utility, WEC's ability to earn adequate returns depends on timely and sufficient rate approvals from state public utility commissions. Delays or disallowances in rate cases could prevent full recovery of rising operating and capital costs, impacting earnings.
Source: 10-K Income Statement (XBRL Financial Data)
WEC's current ratio of 0.59 and cash & equivalents of only $27.6M indicate very limited short-term liquidity. While regulated utilities typically manage this through credit facilities, any disruption to credit access could create near-term cash flow stress.
Source: 10-K Balance Sheet (XBRL Financial Data)
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 9.80 $B | 8.60 $B | +13.96% |
Cost of Revenue $B | 3.27 $B | 2.66 $B | +22.96% |
Operating Income $B | 2.24 $B | 2.15 $B | +4.28% |
EPS (Basic) $ | 4.84 $ | 4.83 $ | +0.21% |
EPS (Diluted) $ | 4.81 $ | 4.83 $ | -0.41% |
Answers draw on this SEC filing and the data on this page
WEC Energy Group's Q2 FY2026 net income jumped 22% as Wisconsin rate increases and a recovery in non-utility energy infrastructure offset higher operating costs and mild spring weather.
WEC Energy Group delivered solid Q1 2026 revenue growth of 9.0% to $3.43B, driven by higher utility revenues, though rising costs and expanding long-term debt of $19.4B warrant close monitoring.
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