WEC Energy Group, Inc.
WECFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
8,600
Cost of Revenue
4,814
Gross Profit
3,786
Gross Margin
44.0%
Operating Income
2,153
Operating Margin
25.0%
Net Income
1,528
Net Margin
17.8%
EPS (Basic)
$4.81
EPS (Diluted)
$4.83
EBITDA
3,916
EBITDA Margin
45.5%
2023
12/31/2023
Revenue
8,893
Cost of Revenue
5,292
Gross Profit
3,601
Gross Margin
40.5%
Operating Income
1,908
Operating Margin
21.5%
Net Income
1,333
Net Margin
15.0%
EPS (Basic)
$4.22
EPS (Diluted)
$4.22
EBITDA
3,528
EBITDA Margin
39.7%
2022
12/31/2022
Revenue
9,597
Cost of Revenue
6,297
Gross Profit
3,301
Gross Margin
34.4%
Operating Income
1,924
Operating Margin
20.0%
Net Income
1,409
Net Margin
14.7%
EPS (Basic)
$4.46
EPS (Diluted)
$4.45
EBITDA
3,370
EBITDA Margin
35.1%
2021
12/31/2021
Revenue
8,316
Cost of Revenue
5,317
Gross Profit
3,000
Gross Margin
36.1%
Operating Income
1,715
Operating Margin
20.6%
Net Income
1,302
Net Margin
15.7%
EPS (Basic)
$4.12
EPS (Diluted)
$4.11
EBITDA
3,044
EBITDA Margin
36.6%
2020
12/31/2020
Revenue
7,242
Cost of Revenue
4,352
Gross Profit
2,890
Gross Margin
39.9%
Operating Income
1,706
Operating Margin
23.6%
Net Income
1,201
Net Margin
16.6%
EPS (Basic)
$3.80
EPS (Diluted)
$3.79
EBITDA
2,899
EBITDA Margin
40.0%