WEC FY 2023 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$38B

FY 2023 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$8.9B-7.3% YoY

Gross Profit

$3.6B40.5% margin

Operating Income

$1.9B21.5% margin

Net Income

$1.3B15.0% margin

EPS (Diluted)

$4.22

Cash Flow

Operating Cash Flow

$3.0B

Free Cash Flow

$526M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$43.9B

Total Liabilities

$31.9B

Stockholders' Equity

$11.8B

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.9B	$9.6B	-7.3%
Gross Profit	$3.6B	$3.3B	+9.1%
Operating Income	$1.9B	$1.9B	-0.8%
Net Income	$1.3B	$1.4B	-5.4%