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Companies / Utilities / WEC Energy Group
WEC

WEC Energy Group

UtilitiesElectric, Gas & WaterS&P 500
Ticker WECMILWAUKEE, WIFiscal year ends DecemberDiluted shares 328.6M

WEC Energy Group, Inc. (NYSE: WEC) is a diversified energy holding company whose subsidiaries provide regulated electricity and natural gas service and develop or invest in renewable energy and other energy infrastructure. Its electric utilities generate and distribute power to retail, wholesale and resale customers… From the company’s description.

In fiscal 2025, WEC Energy Group reported revenue of $9.80B, up 14.0% from fiscal 2024, and net income of $1.56B. Its operating margin was 22.9%, and operations generated $3.38B in cash. Over the twelve months to Jun 30, 2026, revenue was $10.14B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$9.80BFY2025
+14.0% year over year
Last 12 mo $10.14B
22.91%FY2025
−2.1 percentage points
Last 12 mo 22.84%
$1.56BFY2025
+2.0% year over year
Last 12 mo $1.69B
0.00%FY2025
Cash & financing
$3.38BFY2025
+5.2% year over year
Last 12 mo $3.57B
$-1.16BFY2025
−401.4% year over year
Last 12 mo $-1.54B
—
323.8MFY2025
+2.3% year over year
Last 12 mo 328.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What WEC Energy Group does

In the company’s own words

WEC Energy Group, Inc. (NYSE: WEC) is a diversified energy holding company whose subsidiaries provide regulated electricity and natural gas service and develop or invest in renewable energy and other energy infrastructure. Its electric utilities generate and distribute power to retail, wholesale and resale customers in Wisconsin and Michigan, while its gas utilities serve residential, commercial and industrial customers in Wisconsin, Illinois and Michigan; the company also provides steam service in metropolitan Milwaukee. WEC holds an approximately 60% equity interest in American Transmission Company, which operates electric transmission facilities in four Midwestern states. Its six reportable segments include Wisconsin, Illinois, other states, electric transmission, non-utility energy infrastructure and corporate and other operations. The business includes coal-, natural gas- and renewable-powered generation, battery storage, gas distribution and storage, and non-utility renewable projects. In 2025, the company owned 8,375 megawatts of electric generation capacity and served about 1.7 million electric and 2.6 million natural gas customers. Its website is www.wecenergygroup.com.

Company details
Sector
Utilities
Industry (SIC)
Electric, Gas & Water
Headquarters
MILWAUKEE, WI
Fiscal year end
December
CIK
783325
SIC
4931

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.01B$2.03B$5.07B$8.11B$11.15B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns WEC Energy Group — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

694
funds hold it
0 of 35
superinvestors hold it
$13.80B
held by funds, at market
36.4%
of shares held by funds
34
bond issues held by funds

Largest fund holders · WEC Energy Group’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.37%of fund net assets
2.68%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

WEC Energy Group’s bonds, as funds hold them

Funds report holding 34 issues of WEC Energy Group’s debt, $2.12B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.24%, maturing 2026 to 2056.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do WEC Energy Group and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of WEC Energy Group's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in WEC Energy Group's last four quarterly filings that the numbers alone won't show?”
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