WEC Q3 2021 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$37B

Q3 2021 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$1.7B+5.8% YoY

Gross Profit

$712M40.8% margin

Operating Income

$390M22.3% margin

Net Income

$290M16.6% margin

EPS (Diluted)

$0.92

QoQ Revenue Growth

+4.2%

Cash Flow

Operating Cash Flow

$781M

Free Cash Flow

$163M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$38.4B

Total Liabilities

$27.3B

Stockholders' Equity

$10.9B

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.7B	+5.8%
Gross Profit	$712M	$670M	+6.4%
Operating Income	$390M	$370M	+5.3%
Net Income	$290M	$267M	+8.7%

Revenue Segments

Wisconsin

$1.5B79%

Illinois

$216M12%

Non-Utility Energy Infrastructure

$130M7%

Other States

$53M3%

Geographic Segments

Wisconsin

$1.5B79%

Illinois

$216M12%

Non-Utility Energy Infrastructure

$130M7%

Other States

$53M3%