WECWEC Energy Group, Inc.

$38B

Q1 2021 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.7B+27.6% YoY

Gross Profit

$946M35.1% margin

Operating Income

$629M23.4% margin

Net Income

$510M19.0% margin

EPS (Diluted)

$1.61

QoQ Revenue Growth

+39.2%

Cash Flow

Operating Cash Flow

$395M

Free Cash Flow

-$75M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$37.6B

Total Liabilities

$26.6B

Stockholders' Equity

$10.8B

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.1B	+27.6%
Gross Profit	$946M	$918M	+3.0%
Operating Income	$629M	$627M	+0.4%
Net Income	$510M	$453M	+12.7%

Revenue Segments

Wisconsin

$1.7B62%

Illinois

$703M25%

Other States

$233M8%

Non-Utility Energy Infrastructure

$138M5%

Geographic Segments

Wisconsin

$1.7B62%

Illinois

$703M25%

Other States

$233M8%

Non-Utility Energy Infrastructure

$138M5%

WEC Q1 2021 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena