WEC Q2 2019 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$37B

Q2 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$1.6B-4.9% YoY

Gross Profit

$595M37.4% margin

Operating Income

$315M19.8% margin

Net Income

$236M14.8% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

-33.1%

Cash Flow

Operating Cash Flow

$556M

Free Cash Flow

$59M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$33.9B

Total Liabilities

$23.8B

Stockholders' Equity

$10.0B

Cash & Equivalents

$38M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.7B	-4.9%
Gross Profit	$595M	$587M	+1.3%
Operating Income	$315M	$331M	-4.9%
Net Income	$236M	$231M	+2.0%

Revenue Segments

Wisconsin

$1.3B74%

Illinois

$243M14%

Non-Utility Energy Infrastructure

$123M7%

Other States

$69M4%

Geographic Segments

Wisconsin

$1.3B74%

Illinois

$243M14%

Non-Utility Energy Infrastructure

$123M7%

Other States

$69M4%