WEC Energy Group, Inc. (WEC) stock
WECNYSEElectric & Other Services CombinedFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 4/304% above fair value
$117.48+0.01 (+0.01%)
Close on Nov 12, 2026Market cap $38.65BP/E 21.3Yield 3.04%
WEC Energy operating margin
Operating margin is operating income as a percentage of revenue.
WEC Energy's operating margin for the twelve months ending Sep 30, 2026 was 23.5%. For fiscal 2025 it was 22.9%, against 25.0% the year before. The highest annual figure on record is 25.0% in fiscal 2024.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 22.9% | −2.1 |
| FY2024 | Dec 31, 2024 | 25.0% | +3.6 |
| FY2023 | Dec 31, 2023 | 21.5% | +1.4 |
| FY2022 | Dec 31, 2022 | 20.0% | −0.6 |
| FY2021 | Dec 31, 2021 | 20.6% | −2.9 |
| FY2020 | Dec 31, 2020 | 23.6% | +3.2 |
| FY2019 | Dec 31, 2019 | 20.4% | +1.2 |
| FY2018 | Dec 31, 2018 | 19.1% | −4.1 |
| FY2017 | Dec 31, 2017 | 23.2% | +0.5 |
| FY2016 | Dec 31, 2016 | 22.7% | +1.6 |
| FY2015 | Dec 31, 2015 | 21.1% | −1.2 |
| FY2014 | Dec 31, 2014 | 22.3% | −1.6 |
| FY2013 | Dec 31, 2013 | 23.9% | +0.3 |
| FY2012 | Dec 31, 2012 | 23.6% | +3.8 |
| FY2011 | Dec 31, 2011 | 19.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 24.6% | +3.2 |
| Q2 FY2026 | Jun 30, 2026 | 21.0% | +0.8 |
| Q1 FY2026 | Mar 31, 2026 | 28.5% | −1.2 |
| Q4 FY2025 | Dec 31, 2025 | 17.9% | −8.0 |
| Q3 FY2025 | Sep 30, 2025 | 21.4% | +0.8 |
| Q2 FY2025 | Jun 30, 2025 | 20.1% | −0.4 |
| Q1 FY2025 | Mar 31, 2025 | 29.8% | −0.6 |
| Q4 FY2024 | Dec 31, 2024 | 25.9% | +10.5 |
| Q3 FY2024 | Sep 30, 2024 | 20.6% | −3.5 |
| Q2 FY2024 | Jun 30, 2024 | 20.6% | −2.7 |
| Q1 FY2024 | Mar 31, 2024 | 30.3% | +7.2 |
| Q4 FY2023 | Dec 31, 2023 | 15.4% | +0.5 |
| Q3 FY2023 | Sep 30, 2023 | 24.1% | +3.9 |
| Q2 FY2023 | Jun 30, 2023 | 23.2% | +4.1 |
| Q1 FY2023 | Mar 31, 2023 | 23.2% | −2.0 |
| Q4 FY2022 | Dec 31, 2022 | 14.9% | +0.0 |
| Q3 FY2022 | Sep 30, 2022 | 20.2% | −2.2 |
| Q2 FY2022 | Jun 30, 2022 | 19.2% | −2.8 |
| Q1 FY2022 | Mar 31, 2022 | 25.2% | +1.8 |
| Q4 FY2021 | Dec 31, 2021 | 14.8% | −4.3 |
| Q3 FY2021 | Sep 30, 2021 | 22.3% | −0.1 |
| Q2 FY2021 | Jun 30, 2021 | 22.0% | +0.1 |
| Q1 FY2021 | Mar 31, 2021 | 23.4% | −6.3 |
| Q4 FY2020 | Dec 31, 2020 | 19.2% | +0.5 |
| Q3 FY2020 | Sep 30, 2020 | 22.4% | +3.1 |
| Q2 FY2020 | Jun 30, 2020 | 21.9% | +2.1 |
| Q1 FY2020 | Mar 31, 2020 | 29.7% | +6.9 |
| Q4 FY2019 | Dec 31, 2019 | 18.6% | +4.7 |
| Q3 FY2019 | Sep 30, 2019 | 19.3% | +0.9 |
| Q2 FY2019 | Jun 30, 2019 | 19.8% | +0.0 |
| Q1 FY2019 | Mar 31, 2019 | 22.8% | −1.0 |
| Q4 FY2018 | Dec 31, 2018 | 14.0% | −5.9 |
| Q3 FY2018 | Sep 30, 2018 | 18.4% | −5.2 |
| Q2 FY2018 | Jun 30, 2018 | 19.8% | −2.4 |
| Q1 FY2018 | Mar 31, 2018 | 23.8% | −2.8 |
| Q4 FY2017 | Dec 31, 2017 | 19.8% | +1.4 |
| Q3 FY2017 | Sep 30, 2017 | 23.7% | – |
| Q2 FY2017 | Jun 30, 2017 | 22.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 26.7% | – |
| Q4 FY2016 | Dec 31, 2016 | 18.4% | – |
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