WEC Q3 2020 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$37B

Q3 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$1.7B+2.7% YoY

Gross Profit

$670M40.6% margin

Operating Income

$370M22.4% margin

Net Income

$267M16.2% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

+6.6%

Cash Flow

Operating Cash Flow

$570M

Free Cash Flow

-$11M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$35.4B

Total Liabilities

$24.9B

Stockholders' Equity

$10.5B

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.6B	+2.7%
Gross Profit	$670M	$595M	+12.6%
Operating Income	$370M	$311M	+19.1%
Net Income	$267M	$234M	+13.9%

Revenue Segments

Wisconsin

$1.4B78%

Illinois

$222M13%

Non-Utility Energy Infrastructure

$124M7%

Other States

$48M3%

Geographic Segments

Wisconsin

$1.4B78%

Illinois

$222M13%

Non-Utility Energy Infrastructure

$124M7%

Other States

$48M3%