WECWEC Energy Group, Inc.

$38B

Q4 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$2.3B+3.0% YoY

Gross Profit

$1.0B44.6% margin

Operating Income

$591M25.9% margin

Net Income

$454M19.9% margin

EPS (Diluted)

$1.43

QoQ Revenue Growth

+22.6%

Cash Flow

Operating Cash Flow

$582M

Free Cash Flow

-$265M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$47.4B

Total Liabilities

$34.6B

Stockholders' Equity

$12.4B

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.2B	+3.0%
Gross Profit	$1.0B	$903M	+12.9%
Operating Income	$591M	$341M	+73.1%
Net Income	$454M	$219M	+107.4%

Revenue Segments

Wisconsin

$1.6B66%

Illinois

$486M20%

Non-Utility Energy Infrastructure

$182M8%

Other States

$141M6%

Geographic Segments

Wisconsin

$1.6B66%

Illinois

$486M20%

Non-Utility Energy Infrastructure

$182M8%

Other States

$141M6%

WEC Q4 2024 Earnings — WEC Energy Group, Inc. Revenue & Financial Results | Market Cap Arena