WEC Energy Group

WEC Energy Group is one of the nation’s largest electric and natural gas delivery companies, with deep operational expertise, scale and financial resources to meet the region’s future energy needs. We focus on reliable service, customer satisfaction and shareholder value. Our regulated utility subsidiaries include Michigan Gas Utilities, Minnesota Energy Resources, Peoples Gas, North Shore Gas, We Energies and Wisconsin Public Service. Together, we provide vital services to nearly 4.4 million customers in Wisconsin, Illinois, Michigan and Minnesota. Our scale and geographic proximity allow for operating efficiencies across our 70,000 miles of electric distribution lines, 44,000 miles of natural gas distribution and transmission lines, and 8,800 megawatts of reliable power plant capacity. Another subsidiary, Trillium CNG™, provides compressed natural gas to fleets across the U.S. We’re committed to delivering world-class reliability and the very best customer care – anywhere. Our customers are at the heart of our business, and we work every day to help grow and support the communities we serve. As a Fortune 500 company, we value and develop our employees who are making a difference in a mission that matters. We have operating headquarters in Green Bay and Milwaukee, Wisconsin, and Chicago, Illinois. Our stock trades on the New York Stock Exchange under the symbol WEC.
Company Growth (employees)
Type
Public
HQ
Milwaukee, US
Founded
2015
Size (employees)
7,983 (est)
WEC Energy Group was founded in 2015 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 (23-Jun-2017)

20 b

Closing share price (23-Jun-2017)

63.6

Cash (31-Dec-2016)

37.5 m

EV

29.3 b
WEC Energy Group's current market capitalization is $20 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

17.4 x

EV/CFO

13.9 x

EV/FCF

8.3 x

Revenue/Employee

922.8 k

Debt/Assets

0.3 x

WEC Energy Group Market Value History

WEC Energy Group Online and Social Media Presence

WEC Energy Group News and Updates

WEC Energy Group Company Life and Culture

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