WEC ENERGY GROUP INC (WEC) Fundamental Analysis & Valuation

NYSE:WEC • US92939U1060

Current stock price

113.91 USD
+0.33 (+0.29%)
Last:

This WEC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. WEC Profitability Analysis

1.1 Basic Checks

  • WEC had positive earnings in the past year.
  • In the past year WEC had a positive cash flow from operations.
  • Each year in the past 5 years WEC has been profitable.
  • WEC had a positive operating cash flow in each of the past 5 years.
WEC Yearly Net Income VS EBIT VS OCF VS FCFWEC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B 3B

1.2 Ratios

  • WEC has a better Return On Assets (3.02%) than 96.15% of its industry peers.
  • Looking at the Return On Equity, with a value of 11.42%, WEC is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
  • WEC's Return On Invested Capital of 4.47% is amongst the best of the industry. WEC outperforms 92.31% of its industry peers.
  • WEC had an Average Return On Invested Capital over the past 3 years of 4.52%. This is in line with the industry average of 3.75%.
Industry RankSector Rank
ROA 3.02%
ROE 11.42%
ROIC 4.47%
ROA(3y)3.09%
ROA(5y)3.2%
ROE(3y)11.68%
ROE(5y)11.85%
ROIC(3y)4.52%
ROIC(5y)4.43%
WEC Yearly ROA, ROE, ROICWEC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • WEC has a Profit Margin of 15.89%. This is amongst the best in the industry. WEC outperforms 84.62% of its industry peers.
  • WEC's Profit Margin has been stable in the last couple of years.
  • With an excellent Operating Margin value of 24.23%, WEC belongs to the best of the industry, outperforming 80.77% of the companies in the same industry.
  • In the last couple of years the Operating Margin of WEC has remained more or less at the same level.
  • WEC has a Gross Margin (66.68%) which is in line with its industry peers.
  • WEC's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 24.23%
PM (TTM) 15.89%
GM 66.68%
OM growth 3Y6.52%
OM growth 5Y0.57%
PM growth 3Y2.7%
PM growth 5Y-0.83%
GM growth 3Y6.9%
GM growth 5Y-0.38%
WEC Yearly Profit, Operating, Gross MarginsWEC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

1

2. WEC Health Analysis

2.1 Basic Checks

  • WEC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, WEC has more shares outstanding
  • Compared to 5 years ago, WEC has more shares outstanding
  • Compared to 1 year ago, WEC has a worse debt to assets ratio.
WEC Yearly Shares OutstandingWEC Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
WEC Yearly Total Debt VS Total AssetsWEC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.2 Solvency

  • WEC has an Altman-Z score of 1.11. This is a bad value and indicates that WEC is not financially healthy and even has some risk of bankruptcy.
  • WEC has a better Altman-Z score (1.11) than 84.62% of its industry peers.
  • WEC has a Debt/Equity ratio of 1.52. This is a high value indicating a heavy dependency on external financing.
  • WEC's Debt to Equity ratio of 1.52 is in line compared to the rest of the industry. WEC outperforms 53.85% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.52
Debt/FCF N/A
Altman-Z 1.11
ROIC/WACC0.64
WACC6.97%
WEC Yearly LT Debt VS Equity VS FCFWEC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B

2.3 Liquidity

  • WEC has a Current Ratio of 0.59. This is a bad value and indicates that WEC is not financially healthy enough and could expect problems in meeting its short term obligations.
  • WEC has a Current ratio of 0.59. This is amonst the worse of the industry: WEC underperforms 92.31% of its industry peers.
  • A Quick Ratio of 0.44 indicates that WEC may have some problems paying its short term obligations.
  • WEC has a Quick ratio of 0.44. This is amonst the worse of the industry: WEC underperforms 96.15% of its industry peers.
Industry RankSector Rank
Current Ratio 0.59
Quick Ratio 0.44
WEC Yearly Current Assets VS Current LiabilitesWEC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

4

3. WEC Growth Analysis

3.1 Past

  • WEC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.23%.
  • The Earnings Per Share has been growing slightly by 4.97% on average over the past years.
  • Looking at the last year, WEC shows a quite strong growth in Revenue. The Revenue has grown by 13.96% in the last year.
  • WEC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.24% yearly.
EPS 1Y (TTM)-1.23%
EPS 3Y2.69%
EPS 5Y4.97%
EPS Q2Q%-32.17%
Revenue 1Y (TTM)13.96%
Revenue growth 3Y0.7%
Revenue growth 5Y6.24%
Sales Q2Q%11.07%

3.2 Future

  • WEC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.79% yearly.
  • Based on estimates for the next years, WEC will show a small growth in Revenue. The Revenue will grow by 6.69% on average per year.
EPS Next Y17.09%
EPS Next 2Y12.15%
EPS Next 3Y10.78%
EPS Next 5Y9.79%
Revenue Next Year8.79%
Revenue Next 2Y7.68%
Revenue Next 3Y7.59%
Revenue Next 5Y6.69%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
WEC Yearly Revenue VS EstimatesWEC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
WEC Yearly EPS VS EstimatesWEC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

2

4. WEC Valuation Analysis

4.1 Price/Earnings Ratio

  • WEC is valuated rather expensively with a Price/Earnings ratio of 23.58.
  • 80.77% of the companies in the same industry are cheaper than WEC, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.66. WEC is around the same levels.
  • Based on the Price/Forward Earnings ratio of 20.14, the valuation of WEC can be described as rather expensive.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of WEC indicates a slightly more expensive valuation: WEC is more expensive than 76.92% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of WEC to the average of the S&P500 Index (38.00), we can say WEC is valued slightly cheaper.
Industry RankSector Rank
PE 23.58
Fwd PE 20.14
WEC Price Earnings VS Forward Price EarningsWEC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, WEC is valued more expensive than 88.46% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 14.88
WEC Per share dataWEC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • WEC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.38
PEG (5Y)4.75
EPS Next 2Y12.15%
EPS Next 3Y10.78%

7

5. WEC Dividend Analysis

5.1 Amount

  • WEC has a Yearly Dividend Yield of 3.27%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 3.34, WEC pays a bit more dividend than its industry peers.
  • WEC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 3.27%

5.2 History

  • The dividend of WEC is nicely growing with an annual growth rate of 7.10%!
  • WEC has paid a dividend for at least 10 years, which is a reliable track record.
  • WEC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.1%
Div Incr Years22
Div Non Decr Years24
WEC Yearly Dividends per shareWEC Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • WEC pays out 73.70% of its income as dividend. This is not a sustainable payout ratio.
  • WEC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP73.7%
EPS Next 2Y12.15%
EPS Next 3Y10.78%
WEC Yearly Income VS Free CF VS DividendWEC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B 1.5B
WEC Dividend Payout.WEC Dividend Payout, showing the Payout Ratio.WEC Dividend Payout.PayoutRetained Earnings

WEC Fundamentals: All Metrics, Ratios and Statistics

WEC ENERGY GROUP INC

NYSE:WEC (4/22/2026, 10:29:44 AM)

113.91

+0.33 (+0.29%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)02-05
Earnings (Next)05-04
Inst Owners84.17%
Inst Owner Change-0.02%
Ins Owners0.07%
Ins Owner Change3.55%
Market Cap37.10B
Revenue(TTM)9.80B
Net Income(TTM)1.56B
Analysts72.5
Price Target125.39 (10.08%)
Short Float %4.67%
Short Ratio6.81
Dividend
Industry RankSector Rank
Dividend Yield 3.27%
Yearly Dividend3.57
Dividend Growth(5Y)7.1%
DP73.7%
Div Incr Years22
Div Non Decr Years24
Ex-Date05-14
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-14.73%
Min EPS beat(2)-31.28%
Max EPS beat(2)1.82%
EPS beat(4)3
Avg EPS beat(4)-4.87%
Min EPS beat(4)-31.28%
Max EPS beat(4)6.86%
EPS beat(8)6
Avg EPS beat(8)0.23%
EPS beat(12)9
Avg EPS beat(12)1.55%
EPS beat(16)13
Avg EPS beat(16)2.93%
Revenue beat(2)2
Avg Revenue beat(2)13.13%
Min Revenue beat(2)9.98%
Max Revenue beat(2)16.27%
Revenue beat(4)4
Avg Revenue beat(4)12.42%
Min Revenue beat(4)9.98%
Max Revenue beat(4)16.27%
Revenue beat(8)4
Avg Revenue beat(8)2.02%
Revenue beat(12)5
Avg Revenue beat(12)-2.58%
Revenue beat(16)9
Avg Revenue beat(16)2.08%
PT rev (1m)0.61%
PT rev (3m)1.8%
EPS NQ rev (1m)-3.63%
EPS NQ rev (3m)8.57%
EPS NY rev (1m)0.05%
EPS NY rev (3m)0.08%
Revenue NQ rev (1m)5.19%
Revenue NQ rev (3m)3.43%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)2.71%
Valuation
Industry RankSector Rank
PE 23.58
Fwd PE 20.14
P/S 3.79
P/FCF N/A
P/OCF 10.98
P/B 2.72
P/tB 3.51
EV/EBITDA 14.88
EPS(TTM)4.83
EY4.24%
EPS(NY)5.66
Fwd EY4.96%
FCF(TTM)-3.13
FCFYN/A
OCF(TTM)10.38
OCFY9.11%
SpS30.09
BVpS41.89
TBVpS32.44
PEG (NY)1.38
PEG (5Y)4.75
Graham Number67.4725 (-40.77%)
Profitability
Industry RankSector Rank
ROA 3.02%
ROE 11.42%
ROCE 5.17%
ROIC 4.47%
ROICexc 4.48%
ROICexgc 4.78%
OM 24.23%
PM (TTM) 15.89%
GM 66.68%
FCFM N/A
ROA(3y)3.09%
ROA(5y)3.2%
ROE(3y)11.68%
ROE(5y)11.85%
ROIC(3y)4.52%
ROIC(5y)4.43%
ROICexc(3y)4.52%
ROICexc(5y)4.44%
ROICexgc(3y)4.86%
ROICexgc(5y)4.79%
ROCE(3y)5.21%
ROCE(5y)5.13%
ROICexgc growth 3Y-0.39%
ROICexgc growth 5Y-0.35%
ROICexc growth 3Y0.11%
ROICexc growth 5Y0.16%
OM growth 3Y6.52%
OM growth 5Y0.57%
PM growth 3Y2.7%
PM growth 5Y-0.83%
GM growth 3Y6.9%
GM growth 5Y-0.38%
F-Score5
Asset Turnover0.19
Health
Industry RankSector Rank
Debt/Equity 1.52
Debt/FCF N/A
Debt/EBITDA 5.4
Cap/Depr 297.47%
Cap/Sales 44.88%
Interest Coverage 2.77
Cash Conversion 87.7%
Profit Quality N/A
Current Ratio 0.59
Quick Ratio 0.44
Altman-Z 1.11
F-Score5
WACC6.97%
ROIC/WACC0.64
Cap/Depr(3y)242.09%
Cap/Depr(5y)228.78%
Cap/Sales(3y)36.37%
Cap/Sales(5y)32.1%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.23%
EPS 3Y2.69%
EPS 5Y4.97%
EPS Q2Q%-32.17%
EPS Next Y17.09%
EPS Next 2Y12.15%
EPS Next 3Y10.78%
EPS Next 5Y9.79%
Revenue 1Y (TTM)13.96%
Revenue growth 3Y0.7%
Revenue growth 5Y6.24%
Sales Q2Q%11.07%
Revenue Next Year8.79%
Revenue Next 2Y7.68%
Revenue Next 3Y7.59%
Revenue Next 5Y6.69%
EBIT growth 1Y9.7%
EBIT growth 3Y7.27%
EBIT growth 5Y6.84%
EBIT Next Year71.22%
EBIT Next 3Y29.48%
EBIT Next 5Y21.1%
FCF growth 1Y-408.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y5.22%
OCF growth 3Y17.93%
OCF growth 5Y9%

WEC ENERGY GROUP INC / WEC Fundamental Analysis FAQ

What is the ChartMill fundamental rating of WEC ENERGY GROUP INC (WEC) stock?

ChartMill assigns a fundamental rating of 4 / 10 to WEC.


What is the valuation status for WEC stock?

ChartMill assigns a valuation rating of 2 / 10 to WEC ENERGY GROUP INC (WEC). This can be considered as Overvalued.


Can you provide the profitability details for WEC ENERGY GROUP INC?

WEC ENERGY GROUP INC (WEC) has a profitability rating of 7 / 10.


What is the financial health of WEC ENERGY GROUP INC (WEC) stock?

The financial health rating of WEC ENERGY GROUP INC (WEC) is 1 / 10.


How sustainable is the dividend of WEC ENERGY GROUP INC (WEC) stock?

The dividend rating of WEC ENERGY GROUP INC (WEC) is 7 / 10 and the dividend payout ratio is 73.7%.