WEC Q1 2025 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$38B

Q1 2025 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$3.1B+17.5% YoY

Gross Profit

$1.4B43.7% margin

Operating Income

$938M29.8% margin

Net Income

$725M23.0% margin

EPS (Diluted)

$2.27

QoQ Revenue Growth

+37.9%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$462M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$48.2B

Total Liabilities

$34.8B

Stockholders' Equity

$13.0B

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.1B	$2.7B	+17.5%
Gross Profit	$1.4B	$1.2B	+12.6%
Operating Income	$938M	$813M	+15.3%
Net Income	$725M	$623M	+16.4%

Revenue Segments

Wisconsin

$2.1B63%

Illinois

$788M24%

Other States

$227M7%

Non-Utility Energy Infrastructure

$194M6%

Geographic Segments

Wisconsin

$2.1B63%

Illinois

$788M24%

Other States

$227M7%

Non-Utility Energy Infrastructure

$194M6%