WEC Q2 2021 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$38B

Q2 2021 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$1.7B+8.2% YoY

Gross Profit

$687M41.0% margin

Operating Income

$369M22.0% margin

Net Income

$276M16.5% margin

EPS (Diluted)

$0.87

QoQ Revenue Growth

-37.7%

Cash Flow

Operating Cash Flow

$831M

Free Cash Flow

$292M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$37.8B

Total Liabilities

$26.8B

Stockholders' Equity

$10.9B

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.5B	+8.2%
Gross Profit	$687M	$631M	+8.8%
Operating Income	$369M	$339M	+8.9%
Net Income	$276M	$242M	+14.2%

Revenue Segments

Wisconsin

$1.3B73%

Illinois

$276M15%

Non-Utility Energy Infrastructure

$134M7%

Other States

$72M4%

Geographic Segments

Wisconsin

$1.3B73%

Illinois

$276M15%

Non-Utility Energy Infrastructure

$134M7%

Other States

$72M4%