WEC Energy Group

Energy & Utilities electricity energy services holding company natural gas

WEC Energy Group is an electric and natural gas delivery company. It operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. The Company generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, and biomass sources. WEC Energy Group provides electricity transmission services, offers retail natural gas distribution services, transports customer-owned natural gas, generates, distributes, and sells steam.

Revenue(FY, 2016)

$7.5 B

Market capitalization(2018-05-21)

$19 B

Type

Public

Milwaukee, US

Founded

1896

Size (employees)

7,983 (est)

Website

wecenergygroup.com

WEC Energy Group was founded in 1896 and is headquartered in Milwaukee, US

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Key People/Management at WEC Energy Group

Allen Leverett

President & CEO

Scott Lauber

Executive Vice President & CFO

Heidi Humbert

VP & Chief Audit Officer

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WEC Energy Group Office Locations

WEC Energy Group has an office in Milwaukee

Milwaukee, US (HQ)

231 W Michigan St

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WEC Energy Group Financials and Metrics

WEC Energy Group Financials

WEC Energy Group's revenue was reported to be $7.47 b in FY, 2016 which is a 26.1% increase from the previous period.

Summary

USD
Net income (Q2, 2017)	199.4 m
Market capitalization (21-May-2018)	19 b
Closing share price (21-May-2018)	60.2

WEC Energy Group's current market capitalization is $19 b.

Income Statement

Annual

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

Quarterly

USD	Q3, 2015	Q1, 2017	Q2, 2017
Net Income	182.5 m	356.9 m	199.4 m

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Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	26 m	61.9 m	49.8 m	37.5 m
Inventories					539 m
Current Assets	1.6 b	1.5 b	2.2 b
Goodwill	441.9 m	441.9 m	3 b	3 b

Quarterly

USD	Q3, 2015	Q1, 2017	Q2, 2017	Q1, 2018
Cash	22.2 m	45.7 m	36.5 m
Inventories	1.1 b			376 m
Current Assets	2.2 b
Goodwill	3.4 b	3 b	3.1 b

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Cash Flow

Annual

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