WEC Energy Group (WEC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

WEC Energy Group

NYSE•Utilities•Utilities - Regulated Electric

$103.51-1.66(-0.02%)After hours

Market Cap

$34.12B

P/E

20.2x

P/S

3.4x

P/B

2.3x

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. It generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and hydroelectric natural gas. The company also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2025, the company operated approximately 35,200 miles of overhead distribution lines and 37,600 miles of underground distribution cables, as well as 420 electric distribution substations and 649,500 line transformers; approximately 47,200 miles of natural gas distribution mains; 1,300 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 510 natural gas distribution and transmission gate stations; and 67.0 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.

How this company scores

AverageMetricSide Score: 49/100

Strongest: Profitability (15/25); weakest: Cash & Earnings Quality (7/25).

Profitability15/25

Growth15/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality7/25

Strengths

Strong marginsConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 20.2x5y range 17.8x – 23.6x

Currently near its 20-quarter median.

P/S · 3.4x5y range 2.8x – 3.9x

Currently near its 20-quarter median.

P/B · 2.3x5y range 2.0x – 2.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Watch

Operating margins declined 7.9% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.0x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $34.12B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $10.14B
Q. Revenue: $2.06B
TTM EBITDA: $3.83B
TTM Op. Income: $2.32B
Q. Op. Income: $432.80M
TTM Net Income: $1.69B
Q. Net Income: $299.20M
EPS: N/A
Shares Out.: $325.80M

$10.14B in TTM revenue grew 8.9% YoY, reaching $2.06B last quarter. TTM EBITDA of $3.83B and TTM operating income of $2.32B show growth is flowing through to the bottom line. TTM net income of $1.69B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 39.7%
Op. Margin: 21.0%
Net Margin: 14.5%

Op. margin of 21.0% is up 0.8% YoY — cost efficiency is improving. Net margin at 14.5% Over the past year, operating margin is up 4% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 20.2x
P/S Ratio: 3.4x
P/B Ratio: 2.3x

At 20.2x P/E, the stock trades within typical market levels. P/S of 3.4x and P/B of 2.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 1% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $52.75B
Cash: $50.00M
Long-Term Debt: $19.22B
Book Value: $14.57B
D/E Ratio: 1.3
Debt/EBITDA: 23.5

With $52.75B in assets and $19.22B in long-term debt, D/E is 1.3and book value is $14.57B — moderate leverage. Over the past year, debt/equity is up 5% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $992.30M
TTM Free Cash Flow: $-70.30M
FCF Margin: -0.7%
FCF / Net Income: -0.0

TTM FCF of $-70.30M on $992.30M in operating cash flow. The FCF / Net Income ratio of -0.0x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 5 consecutive quarters — a weakening trend.