WEC

WEC Energy Group

Utilities

Electric Utilities

Milwaukee, Wisconsin

Last filing: Feb 20, 2026 (FY2025)

Balance Sheet 10 Accounts • 5 Years

Account	2025	2024	2023	2022	2021
BS_Assets_Cash	$0	$9.8M	$42.9M	$28.9M	$16.3M
BS_Assets_AcctsReceivable	$0	$1.7B	$1.5B	$1.8B	$1.5B
BS_Assets_PrepaidExpenses	$0	$121.9M	$223.7M	$261.7M	$245.5M
BS_Assets_PPE	$0	$34.6B	$31.6B	$29.1B	$27.0B
BS_Liab_AccruedLiab	$0	$859.2M	$933.1M	$884.6M	$680.9M
BS_Liab_LongTermDebt	$0	$17.2B	$15.4B	$14.7B	$13.5B
BS_Liab_DeferredTaxLiab	$0	$6.3B	$5.8B	$5.5B	$5.2B
BS_Equity_CommonStock	$0	$3.2M	$3.2M	$3.2M	$3.2M
BS_Equity_APIC	$0	$4.3B	$4.1B	$4.1B	$4.1B
BS_Equity_AOCI	$-400.0K	$-7.8M	$-7.7M	$-6.8M	$-3.2M

Income Statement 17 Accounts • 5 Years

Account	2025	2024	2023	2022	2021
IS_Revenue_Total	$9.8B	$8.6B	$8.9B	$9.6B	$8.3B
IS_Expense_COGS	$3.3B	$2.7B	$3.2B	$4.4B	$3.3B
IS_Expense_DA	$1.5B	$1.4B	$1.3B	$1.1B	$1.1B
IS_Expense_SBC	$48.2M	$39.3M	$9.7M	$34.8M	$15.7M
IS_Expense_TotalOpex	$7.6B	$6.4B	$7.0B	$7.7B	$6.6B
IS_OperatingIncome	$2.2B	$2.2B	$1.9B	$1.9B	$1.7B
IS_InterestIncome	$5.9M	$17.2M	$3.9M	$1.2M	—
IS_InterestExpense	$895.1M	$815.3M	$726.9M	$515.1M	$471.1M
IS_OtherNonopIncExp	$107.9M	$178.2M	$177.7M	$128.8M	$133.2M
IS_PreTaxIncome	$1.7B	$1.7B	$1.5B	$1.7B	$1.5B
IS_TaxExpense	$118.0M	$222.0M	$204.6M	$322.9M	$200.3M
IS_NetIncome	$1.6B	$1.5B	$1.3B	$1.4B	$1.3B
IS_ComprehensiveIncome	$1.6B	$1.5B	$1.3B	$1.4B	$1.3B
IS_EPS_Basic	$5	$5	$4	$4	$4
IS_EPS_Diluted	$5	$5	$4	$4	$4
IS_Shares_Basic	$321.9M	$316.2M	$315.4M	$315.4M	$315.4M
IS_Shares_Diluted	$323.8M	$316.5M	$315.9M	$316.1M	$316.3M

Cash Flow Statement 17 Accounts • 5 Years

Account	2025	2024	2023	2022	2021
CF_Ops_NetIncome	$1.6B	$1.5B	$1.3B	$1.4B	$1.3B
CF_Ops_DA	$1.5B	$1.4B	$1.3B	$1.1B	$1.1B
CF_Ops_SBC	$48.2M	$39.3M	$9.7M	$34.8M	$15.7M
CF_Ops_WorkingCapital	$36.6M	$137.7M	$-295.9M	$292.8M	$234.1M
CF_Ops_Other	$93.2M	$-56.9M	$-160.5M	$-169.5M	$-92.5M
CF_Ops_NetCash	$3.4B	$3.2B	$3.0B	$2.1B	$2.0B
CF_Inv_Capex	$4.4B	$2.8B	$2.5B	$2.7B	$2.4B
CF_Inv_Other	$-32.1M	$-9.7M	$-13.3M	$10.6M	$-27.3M
CF_Inv_NetCash	$-4.9B	$-3.8B	$-3.6B	$-2.6B	$-2.3B
CF_Fin_DebtIssuance	$2.8B	$4.5B	$2.2B	$2.0B	$2.4B
CF_Fin_DebtRepayment	$1.7B	$2.1B	$1.0B	$92.1M	$1.3B
CF_Fin_ShareRepurchases	$1.3M	$3.2M	$16.6M	$69.2M	$33.1M
CF_Fin_Dividends	$1.1B	$1.1B	$984.2M	$917.9M	$854.8M
CF_Fin_StockIssuance	$39.1M	$23.7M	$6.3M	$33.6M	$15.7M
CF_Fin_Other	$-10.5M	$-6.1M	$-6.8M	$-9.1M	$-9.2M
CF_Fin_NetCash	$1.5B	$467.7M	$522.8M	$676.4M	$294.0M
CF_Net_Change	$28.7M	$-123.0M	$-17.0M	$94.7M	$14.9M

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