WEC Q3 2019 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$37B

Q3 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$1.6B-2.2% YoY

Gross Profit

$595M37.0% margin

Operating Income

$311M19.3% margin

Net Income

$234M14.6% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$550M

Free Cash Flow

-$107M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$34.4B

Total Liabilities

$24.2B

Stockholders' Equity

$10.1B

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.6B	-2.2%
Gross Profit	$595M	$567M	+4.9%
Operating Income	$311M	$303M	+2.7%
Net Income	$234M	$233M	+0.5%

Revenue Segments

Wisconsin

$1.3B79%

Illinois

$198M12%

Non-Utility Energy Infrastructure

$119M7%

Other States

$49M3%

Geographic Segments

Wisconsin

$1.3B79%

Illinois

$198M12%

Non-Utility Energy Infrastructure

$119M7%

Other States

$49M3%