WEC FY 2022 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$38B

FY 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$9.6B+15.4% YoY

Gross Profit

$3.3B34.4% margin

Operating Income

$1.9B20.0% margin

Net Income

$1.4B14.7% margin

EPS (Diluted)

$4.45

Cash Flow

Operating Cash Flow

$2.1B

Free Cash Flow

-$254M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$41.9B

Total Liabilities

$30.3B

Stockholders' Equity

$11.4B

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.6B	$8.3B	+15.4%
Gross Profit	$3.3B	$3.0B	+10.0%
Operating Income	$1.9B	$1.7B	+12.2%
Net Income	$1.4B	$1.3B	+8.3%