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)
Key People at WEC Energy Group
Allen Leverett
Scott Lauber
Heidi Humbert
WEC Energy Group Office Locations
WEC Energy Group Data and Metrics
WEC Energy Group Financial Metrics
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 (15-Aug-2017) | 20.5 b |
Cash (31-Dec-2016) | 37.5 m |
EV | 29.7 b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 4.5 b | 5 b | 5.9 b | 7.5 b |
Revenue growth, % | 11% | 19% | 26% | |
Cost of goods sold | 1.8 b | 2.3 b | 2.2 b | 2.6 b |
Gross profit | 2.7 b | 2.7 b | 3.7 b | 4.8 b |
Gross profit Margin, % | 60% | 55% | 62% | 65% |
Operating expense total | 3.5 b | 3.9 b | 4.7 b | 5.8 b |
EBIT | 1.1 b | 1.1 b | 1.3 b | 1.7 b |
EBIT margin, % | 24% | 22% | 21% | 23% |
Interest expense | 252.1 m | 241.5 m | 331.4 m | 402.7 m |
Pre tax profit | 915.3 m | 950 m | 1.1 b | 1.5 b |
Income tax expense | 337.9 m | 361.7 m | 433.8 m | 566.5 m |
Net Income | 577.4 m | 588.3 m | 640.3 m | 940.2 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 26 m | 61.9 m | 49.8 m | 37.5 m |
Current Assets | 1.6 b | 1.5 b | 2.2 b | |
Goodwill | 441.9 m | 441.9 m | 3 b | 3 b |
Total Assets | 14.8 b | 15.2 b | 29.4 b | 30.1 b |
Accounts Payable | 342.6 m | 363.3 m | 815.4 m | 861.5 m |
Total Debt | 4.4 b | 4.2 b | 9.3 b | 9.3 b |
Current Liabilities | 1.5 b | 1.7 b | 2.7 b | |
Preferred Stock | 30.4 m | 30.4 m | ||
Additional Paid-in Capital | 4.3 b | 4.3 b | ||
Retained Earnings | 4.3 b | 4.6 b | ||
Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x | 0.3 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 577.4 m | 588.3 m | 640.3 m | 940.2 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 b | 1.2 b | 1.3 b | 2.1 b |
Capital Expenditures | (687.4 m) | (736.1 m) | (1.3 b) | (1.4 b) |
Cash From Investing Activities | (2.5 b) | (1.3 b) | ||
Cash From Financing Activities | 1.2 b | (845.7 m) | ||
Free Cash Flow | 1.9 b | 1.9 b | 2.6 b | 3.5 b |
| USD | Y, 2016 |
|---|---|
EV/EBIT | 17.7 x |
EV/CFO | 14.1 x |
EV/FCF | 8.4 x |
Revenue/Employee | 922.8 k |
Debt/Assets | 0.3 x |
