WEC Q4 2021 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena

WECWEC Energy Group, Inc.

$38B

Q4 2021 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.2B+13.9% YoY

Gross Profit

$655M29.7% margin

Operating Income

$327M14.8% margin

Net Income

$224M10.2% margin

EPS (Diluted)

$0.71

QoQ Revenue Growth

+26.1%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

-$599M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$39.0B

Total Liabilities

$27.9B

Stockholders' Equity

$10.9B

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$1.9B	+13.9%
Gross Profit	$655M	$671M	-2.4%
Operating Income	$327M	$371M	-11.8%
Net Income	$224M	$239M	-6.2%

Revenue Segments

Wisconsin

$1.5B66%

Illinois

$478M21%

Other States

$161M7%

Non-Utility Energy Infrastructure

$139M6%

Geographic Segments

Wisconsin

$1.5B66%

Illinois

$478M21%

Other States

$161M7%

Non-Utility Energy Infrastructure

$139M6%