WEC Q1 2020 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$37B

Q1 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.1B-11.3% YoY

Gross Profit

$918M43.5% margin

Operating Income

$627M29.7% margin

Net Income

$453M21.5% margin

EPS (Diluted)

$1.43

QoQ Revenue Growth

+8.3%

Cash Flow

Operating Cash Flow

$691M

Free Cash Flow

$194M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$34.8B

Total Liabilities

$24.3B

Stockholders' Equity

$10.4B

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.4B	-11.3%
Gross Profit	$918M	$817M	+12.4%
Operating Income	$627M	$543M	+15.4%
Net Income	$453M	$420M	+7.7%

Revenue Segments

Wisconsin

$1.5B67%

Illinois

$448M20%

Other States

$146M7%

Non-Utility Energy Infrastructure

$130M6%

Geographic Segments

Wisconsin

$1.5B67%

Illinois

$448M20%

Other States

$146M7%

Non-Utility Energy Infrastructure

$130M6%