WEC ENERGY GROUP INC (WEC) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:WEC • US92939U1060
112.26 USD
+2.42 (+2.2%)
At close: Feb 3, 2026
112.26 USD
0 (0%)
After Hours: 2/3/2026, 8:04:00 PM
WEC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 26 industry peers in the Multi-Utilities industry. While WEC has a great profitability rating, there are quite some concerns on its financial health. WEC is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- WEC had positive earnings in the past year.
- WEC had a positive operating cash flow in the past year.
- WEC had positive earnings in each of the past 5 years.
- Each year in the past 5 years WEC had a positive operating cash flow.
1.2 Ratios
- WEC has a better Return On Assets (3.40%) than 96.15% of its industry peers.
- Looking at the Return On Equity, with a value of 12.46%, WEC belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
- WEC has a Return On Invested Capital of 4.53%. This is amongst the best in the industry. WEC outperforms 88.46% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for WEC is in line with the industry average of 3.95%.
- The 3 year average ROIC (4.35%) for WEC is below the current ROIC(4.53%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.4% | ||
| ROE | 12.46% | ||
| ROIC | 4.53% |
ROA(3y)3.21%
ROA(5y)3.24%
ROE(3y)11.99%
ROE(5y)11.85%
ROIC(3y)4.35%
ROIC(5y)4.27%
1.3 Margins
- WEC's Profit Margin of 17.75% is amongst the best of the industry. WEC outperforms 96.15% of its industry peers.
- In the last couple of years the Profit Margin of WEC has grown nicely.
- WEC has a Operating Margin of 25.09%. This is amongst the best in the industry. WEC outperforms 88.46% of its industry peers.
- WEC's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 67.71%, WEC is in line with its industry, outperforming 53.85% of the companies in the same industry.
- In the last couple of years the Gross Margin of WEC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.09% | ||
| PM (TTM) | 17.75% | ||
| GM | 67.71% |
OM growth 3Y6.87%
OM growth 5Y4.19%
PM growth 3Y4.33%
PM growth 5Y3.33%
GM growth 3Y4.72%
GM growth 5Y1.38%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WEC is destroying value.
- Compared to 1 year ago, WEC has more shares outstanding
- Compared to 5 years ago, WEC has more shares outstanding
- WEC has a worse debt/assets ratio than last year.
2.2 Solvency
- WEC has an Altman-Z score of 1.12. This is a bad value and indicates that WEC is not financially healthy and even has some risk of bankruptcy.
- WEC's Altman-Z score of 1.12 is amongst the best of the industry. WEC outperforms 84.62% of its industry peers.
- A Debt/Equity ratio of 1.42 is on the high side and indicates that WEC has dependencies on debt financing.
- WEC has a Debt to Equity ratio (1.42) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.12 |
ROIC/WACC0.64
WACC7.03%
2.3 Liquidity
- WEC has a Current Ratio of 0.50. 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's Current ratio of 0.50 is on the low side compared to the rest of the industry. WEC is outperformed by 96.15% of its industry peers.
- WEC has a Quick Ratio of 0.50. 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 Quick ratio of 0.33. This is amonst the worse of the industry: WEC underperforms 96.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.33 |
3. Growth
3.1 Past
- WEC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.01%, which is quite good.
- WEC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.44% yearly.
- WEC shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.88%.
- The Revenue has been growing slightly by 2.71% on average over the past years.
EPS 1Y (TTM)16.01%
EPS 3Y5.96%
EPS 5Y6.44%
EPS Q2Q%1.22%
Revenue 1Y (TTM)11.88%
Revenue growth 3Y1.13%
Revenue growth 5Y2.71%
Sales Q2Q%12.91%
3.2 Future
- WEC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.68% yearly.
- WEC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.34% yearly.
EPS Next Y8.2%
EPS Next 2Y7.52%
EPS Next 3Y7.48%
EPS Next 5Y7.68%
Revenue Next Year4.15%
Revenue Next 2Y5%
Revenue Next 3Y5.85%
Revenue Next 5Y6.34%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- WEC is valuated rather expensively with a Price/Earnings ratio of 21.22.
- Based on the Price/Earnings ratio, WEC is valued expensively inside the industry as 80.77% of the companies are valued cheaper.
- The average S&P500 Price/Earnings ratio is at 28.18. WEC is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 19.86, which indicates a rather expensive current valuation of WEC.
- WEC's Price/Forward Earnings ratio is rather expensive when compared to the industry. WEC is more expensive than 80.77% of the companies in the same industry.
- WEC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.22 | ||
| Fwd PE | 19.86 |
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 Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 14.48 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- WEC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.59
PEG (5Y)3.3
EPS Next 2Y7.52%
EPS Next 3Y7.48%
5. Dividend
5.1 Amount
- WEC has a Yearly Dividend Yield of 3.46%. Purely for dividend investing, there may be better candidates out there.
- WEC's Dividend Yield is comparable with the industry average which is at 3.60.
- Compared to an average S&P500 Dividend Yield of 1.83, WEC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
5.2 History
- On average, the dividend of WEC grows each year by 7.17%, which is quite nice.
- WEC has paid a dividend for at least 10 years, which is a reliable track record.
- WEC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.17%
Div Incr Years21
Div Non Decr Years23
5.3 Sustainability
- 66.24% of the earnings are spent on dividend by WEC. This is not a sustainable payout ratio.
- WEC's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP66.24%
EPS Next 2Y7.52%
EPS Next 3Y7.48%
112.26
+2.42 (+2.2%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)10-30 2025-10-30/bmo
Earnings (Next)02-05 2026-02-05/bmo
Inst Owners83.88%
Inst Owner Change-0.53%
Ins Owners0.15%
Ins Owner Change3.58%
Market Cap36.52B
Revenue(TTM)9.55B
Net Income(TTM)1.69B
Analysts72.5
Price Target123.18 (9.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.46% |
Yearly Dividend3.34
Dividend Growth(5Y)7.17%
DP66.24%
Div Incr Years21
Div Non Decr Years23
Ex-Date02-13 2026-02-13 (0.9525)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.34%
Min EPS beat(2)1.82%
Max EPS beat(2)6.86%
EPS beat(4)3
Avg EPS beat(4)2.86%
Min EPS beat(4)-0.36%
Max EPS beat(4)6.86%
EPS beat(8)7
Avg EPS beat(8)4.2%
EPS beat(12)10
Avg EPS beat(12)4.67%
EPS beat(16)14
Avg EPS beat(16)5.13%
Revenue beat(2)2
Avg Revenue beat(2)11.5%
Min Revenue beat(2)9.98%
Max Revenue beat(2)13.02%
Revenue beat(4)3
Avg Revenue beat(4)4.87%
Min Revenue beat(4)-13.9%
Max Revenue beat(4)13.02%
Revenue beat(8)3
Avg Revenue beat(8)-3.26%
Revenue beat(12)5
Avg Revenue beat(12)-1.26%
Revenue beat(16)9
Avg Revenue beat(16)2.74%
PT rev (1m)-0.53%
PT rev (3m)-1.01%
EPS NQ rev (1m)1.05%
EPS NQ rev (3m)-0.62%
EPS NY rev (1m)0.04%
EPS NY rev (3m)0.04%
Revenue NQ rev (1m)-10.32%
Revenue NQ rev (3m)-9.57%
Revenue NY rev (1m)-1.4%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.22 | ||
| Fwd PE | 19.86 | ||
| P/S | 3.82 | ||
| P/FCF | N/A | ||
| P/OCF | 10.33 | ||
| P/B | 2.69 | ||
| P/tB | 3.47 | ||
| EV/EBITDA | 14.48 |
EPS(TTM)5.29
EY4.71%
EPS(NY)5.65
Fwd EY5.04%
FCF(TTM)-1.25
FCFYN/A
OCF(TTM)10.87
OCFY9.68%
SpS29.35
BVpS41.81
TBVpS32.33
PEG (NY)2.59
PEG (5Y)3.3
Graham Number70.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.4% | ||
| ROE | 12.46% | ||
| ROCE | 5.35% | ||
| ROIC | 4.53% | ||
| ROICexc | 4.53% | ||
| ROICexgc | 4.86% | ||
| OM | 25.09% | ||
| PM (TTM) | 17.75% | ||
| GM | 67.71% | ||
| FCFM | N/A |
ROA(3y)3.21%
ROA(5y)3.24%
ROE(3y)11.99%
ROE(5y)11.85%
ROIC(3y)4.35%
ROIC(5y)4.27%
ROICexc(3y)4.36%
ROICexc(5y)4.27%
ROICexgc(3y)4.71%
ROICexgc(5y)4.64%
ROCE(3y)5.21%
ROCE(5y)5.14%
ROICexgc growth 3Y1.98%
ROICexgc growth 5Y0.43%
ROICexc growth 3Y2.41%
ROICexc growth 5Y0.94%
OM growth 3Y6.87%
OM growth 5Y4.19%
PM growth 3Y4.33%
PM growth 5Y3.33%
GM growth 3Y4.72%
GM growth 5Y1.38%
F-Score6
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.02 | ||
| Cap/Depr | 272.69% | ||
| Cap/Sales | 41.31% | ||
| Interest Coverage | 2.96 | ||
| Cash Conversion | 92.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.33 | ||
| Altman-Z | 1.12 |
F-Score6
WACC7.03%
ROIC/WACC0.64
Cap/Depr(3y)212.24%
Cap/Depr(5y)215.17%
Cap/Sales(3y)29.51%
Cap/Sales(5y)29.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.01%
EPS 3Y5.96%
EPS 5Y6.44%
EPS Q2Q%1.22%
EPS Next Y8.2%
EPS Next 2Y7.52%
EPS Next 3Y7.48%
EPS Next 5Y7.68%
Revenue 1Y (TTM)11.88%
Revenue growth 3Y1.13%
Revenue growth 5Y2.71%
Sales Q2Q%12.91%
Revenue Next Year4.15%
Revenue Next 2Y5%
Revenue Next 3Y5.85%
Revenue Next 5Y6.34%
EBIT growth 1Y15.02%
EBIT growth 3Y8.08%
EBIT growth 5Y7.02%
EBIT Next Year72.57%
EBIT Next 3Y29.05%
EBIT Next 5Y21.27%
FCF growth 1Y-552.24%
FCF growth 3YN/A
FCF growth 5Y31.31%
OCF growth 1Y39.26%
OCF growth 3Y16.47%
OCF growth 5Y6.49%
WEC ENERGY GROUP INC / WEC 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.
How profitable is WEC ENERGY GROUP INC (WEC) stock?
WEC ENERGY GROUP INC (WEC) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for WEC stock?
The Price/Earnings (PE) ratio for WEC ENERGY GROUP INC (WEC) is 21.22 and the Price/Book (PB) ratio is 2.69.
Is the dividend of WEC ENERGY GROUP INC sustainable?
The dividend rating of WEC ENERGY GROUP INC (WEC) is 6 / 10 and the dividend payout ratio is 66.24%.