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 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 Data and Metrics

WEC Energy Group Financial Metrics

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 (15-Aug-2017)

20.5 b

Cash (31-Dec-2016)

37.5 m

EV

29.7 b
WEC Energy Group's current market capitalization is $20.5 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

Gross profit Margin, %

60%55%62%65%

Operating expense total

3.5 b3.9 b4.7 b5.8 b

EBIT

1.1 b1.1 b1.3 b1.7 b

EBIT margin, %

24%22%21%23%

Interest expense

252.1 m241.5 m331.4 m402.7 m

Pre tax profit

915.3 m950 m1.1 b1.5 b

Income tax expense

337.9 m361.7 m433.8 m566.5 m

Net Income

577.4 m588.3 m640.3 m940.2 m
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

Accounts Payable

342.6 m363.3 m815.4 m861.5 m

Total Debt

4.4 b4.2 b9.3 b9.3 b

Current Liabilities

1.5 b1.7 b2.7 b

Preferred Stock

30.4 m30.4 m

Additional Paid-in Capital

4.3 b4.3 b

Retained Earnings

4.3 b4.6 b

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.3 x
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

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 b1.9 b2.6 b3.5 b
USDY, 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

WEC Energy Group Market Value History

Traffic Overview of WEC Energy Group

WEC Energy Group Online and Social Media Presence

WEC Energy Group News and Updates

Meet the Newest CEOs of the Fortune 500

One of them made history.

WEC Energy Group Company Life and Culture

You may also be interested in