← WEC ENERGY GROUP, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $7.5b | $7.6b | $7.7b | $7.5b | $7.2b | $8.3b | $9.6b | $8.9b | $8.6b | $9.8b | |
| Cost of Revenue | $2.6b | $2.8b | $2.9b | $2.7b | $2.3b | $3.3b | $4.4b | $3.2b | $2.7b | $3.3b | |
| Gross Profit (Calculated) | $4.8b | $4.8b | $4.8b | $4.8b | $4.9b | $5.0b | $5.2b | $5.7b | $5.9b | $6.5b | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | $1.7b | $1.8b | $1.5b | $1.5b | $1.7b | $1.7b | $1.9b | $1.9b | $2.2b | $2.2b | |
| Additional Financial Items | |||||||||||
| Taxes, Miscellaneous | $194.7m | $194.9m | $196.9m | $201.8m | $208.0m | $210.3m | $253.7m | $250.2m | $266.5m | $280.1m | |
| Depreciation, Depletion and Amortization, Nonproduction | $762.6m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | $21.2m | $12.7m | — | ($12.6m) | $13.7m | $11.7m | $8.1m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | $17.2m | $5.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.5b | $1.6b | $1.2b | $1.3b | $1.4b | $1.5b | $1.7b | $1.5b | $1.7b | $1.7b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $940.2m | $1.2b | $1.1b | $1.1b | — | — | — | — | — | — | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | — | — | — | — | — | — | — | — | — | $1.6b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | ($500k) | $300k | ($3.0m) | $400k | ($1.2m) | ($4.1m) | ($3.2m) | |
| Earnings Per Share, Basic | $2.98 | $3.81 | $3.36 | $3.60 | $3.80 | $4.12 | $4.46 | $4.22 | $4.83 | $4.84 | |
| Earnings Per Share, Diluted | $2.96 | $3.79 | $3.34 | $3.58 | $3.79 | $4.11 | $4.45 | $4.22 | $4.83 | $4.81 | |
| Common Stock, Dividends, Per Share, Declared | $1.98 | $2.08 | $2.21 | $2.36 | $2.53 | $2.71 | $2.91 | $3.12 | $3.34 | $3.57 | |
| Weighted Average Number of Shares Outstanding, Basic | 315.6m | 315.6m | 315.5m | 315.4m | 315.4m | 315.4m | 315.4m | 315.4m | 316.2m | 321.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 316.9m | 317.2m | 316.9m | 316.7m | 316.5m | 316.3m | 316.1m | 315.9m | 316.5m | 323.8m | |
| Other Nonoperating Income (Expense) | $80.8m | $64.6m | $70.3m | $102.2m | $79.5m | $133.2m | $128.8m | $177.7m | $178.2m | $107.9m | |
| Other Cost and Expense, Operating | — | — | $2.3b | $2.2b | $2.0b | $2.0b | $1.9b | $2.1b | $2.2b | $2.4b | |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity | $25.1m | $11.4m | $15.2m | $14.4m | $20.9m | $18.0m | $29.4m | $59.1m | $59.8m | $99.8m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $815.3m | $895.1m | |
| Interest Expense | $402.7m | $415.7m | $445.1m | $501.5m | $493.7m | $471.1m | $515.1m | $726.9m | — | — | |
| Current Income Tax Expense (Benefit) | $72.7m | $111.8m | ($127.5m) | ($37.9m) | $49.2m | $93.9m | $50.2m | ($14.8m) | ($307.0m) | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | ($26.0m) | ($36.2m) | ($41.2m) | — | $104.4m | ($97.7m) | ($83.7m) | ($2.7m) | |
| Income Tax Expense (Benefit) | $566.5m | $383.5m | $169.8m | $125.0m | $227.9m | $200.3m | $322.9m | $204.6m | $222.0m | $118.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.