WEC Q2 2020 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$37B

Q2 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$1.5B-2.6% YoY

Gross Profit

$631M40.8% margin

Operating Income

$339M21.9% margin

Net Income

$242M15.6% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

-26.6%

Cash Flow

Operating Cash Flow

$689M

Free Cash Flow

$148M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$35.0B

Total Liabilities

$24.5B

Stockholders' Equity

$10.4B

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.6B	-2.6%
Gross Profit	$631M	$595M	+6.1%
Operating Income	$339M	$315M	+7.7%
Net Income	$242M	$236M	+2.5%

Revenue Segments

Wisconsin

$1.2B73%

Illinois

$261M16%

Non-Utility Energy Infrastructure

$125M8%

Other States

$67M4%

Geographic Segments

Wisconsin

$1.2B73%

Illinois

$261M16%

Non-Utility Energy Infrastructure

$125M8%

Other States

$67M4%