WEC Energy Group

WEC Energy Group is an electric and natural gas delivery company. The Company provides electricity and natural gas to customers across four states through its brands – We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities and Minnesota Energy Resources. We Energies is the umbrella name for Wisconsin Electric Power and Wisconsin Gas, providing electricity and natural gas to large portions of Wisconsin and Michigan's Upper Peninsula. Peoples Gas Light and Coke Company is a natural gas utility serving the city of Chicago. Wisconsin Public Service Corporation is an electric and natural gas utility serving customers in northeastern Wisconsin and an adjacent portion of Michigan's Upper Peninsula. Minnesota Energy Resources Corporation is a natural gas utility serving customers throughout Minnesota. Michigan Gas Utilities Corporation is a natural gas utility serving customers in lower Michigan. North Shore Gas Company is a natural gas utility serving customers in the northern suburbs of Chicago.

Company Growth (employees)
Type
Public
HQ
Milwaukee, US
Founded
1896
Size (employees)
7,983 (est)
WEC Energy Group was founded in 1896 and is headquartered in Milwaukee, US

Key People/Management at WEC Energy Group

Allen Leverett

Allen Leverett

President & CEO
Scott Lauber

Scott Lauber

Executive Vice President & CFO
Heidi Humbert

Heidi Humbert

VP & Chief Audit Officer

WEC Energy Group Office Locations

WEC Energy Group has an office in Milwaukee
Milwaukee, US (HQ)
231 W Michigan St

WEC Energy Group Financials and Metrics

WEC Energy Group Financials

WEC Energy Group's revenue was reported to be $7.5 b in FY, 2016 which is a 26% increase from the previous period.
USD

Revenue (FY, 2016)

7.5 b

Revenue growth (FY, 2015 - FY, 2016), %

26%

Gross profit (FY, 2016)

4.8 b

Gross profit margin (FY, 2016), %

65%

Net income (FY, 2016)

940.2 m

EBIT (FY, 2016)

1.7 b

Market capitalization (20-Oct-2017)

21.2 b

Cash (31-Dec-2016)

37.5 m

EV

30.5 b
WEC Energy Group's current market capitalization is $21.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.5 b5 b5.9 b7.5 b

Revenue growth, %

11%19%26%

Cost of goods sold

1.8 b2.3 b2.2 b2.6 b

Gross profit

2.7 b2.7 b3.7 b4.8 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

26 m61.9 m49.8 m37.5 m

Current Assets

1.6 b1.5 b2.2 b

Goodwill

441.9 m441.9 m3 b3 b

Total Assets

14.8 b15.2 b29.4 b30.1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

577.4 m588.3 m640.3 m940.2 m

Inventories

31.3 m(71.2 m)

Accounts Payable

(14.8 m)23.7 m(9.3 m)34.4 m

Cash From Operating Activities

1.2 b1.2 b1.3 b2.1 b
USDY, 2016

EV/EBIT

18.1 x

EV/CFO

14.5 x

EV/FCF

8.6 x

Revenue/Employee

922.8 k

Debt/Assets

0.3 x
Show all financial metrics

WEC Energy Group Market Value History

Traffic Overview of WEC Energy Group

WEC Energy Group Online and Social Media Presence

WEC Energy Group Company Life and Culture

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