WEC FY 2024 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$38B

FY 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$8.6B-3.3% YoY

Gross Profit

$3.8B44.0% margin

Operating Income

$2.2B25.0% margin

Net Income

$1.5B17.8% margin

EPS (Diluted)

$4.83

Cash Flow

Operating Cash Flow

$3.2B

Free Cash Flow

$431M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$47.4B

Total Liabilities

$34.6B

Stockholders' Equity

$12.4B

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.6B	$8.9B	-3.3%
Gross Profit	$3.8B	$3.6B	+5.1%
Operating Income	$2.2B	$1.9B	+12.8%
Net Income	$1.5B	$1.3B	+14.7%