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WEC ENERGY GROUP, INC. WEC

NYSE · stock · Electric & Other Services Combined · website · IPO 1947-11-21 · LEI

WEC ENERGY GROUP, INC. statistics & valuation

Market cap$37.4B
P / S3.8×
P / B2.7×
Dividend yield3.07%
Net debt$20.0B
Net debt / EBITDA5.4×
Enterprise value USD$57.3B
EV / EBITDA15.4×
Earnings yield EBIT/EV3.9%
Return on capital4.9%
Graham number -37.3%$68.36

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($68.36); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
22.70% 23.20% 19.10% 20.40% 23.60% 20.60% 20.00% 21.50% 25.00% 22.90% 2016201720182019202020212022202320242025
Return on equity (%)
2016201720182019202020212022202320242025
Shares outstanding
316.9M 317.2M 316.9M 316.7M 316.5M 316.3M 316.1M 315.9M 317.7M 325.5M 2016201720182019202020212022202320242025
Net debt ($)
$9.12B $8.71B $10.25B $11.82B $12.43B $13.55B $15.44B $16.59B $18.90B $19.99B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2016201720182019202020212022202320242025
Free cash flow margin (%)
9.10% 1.60% 0.40% -2.40% -9.40% -4.10% -6.60% 2016201720182019202020212022202320242025
Debt / equity (×)
1.02× 0.92× 1.05× 1.16× 1.17× 1.22× 1.33× 1.38× 1.48× 1.42× 2016201720182019202020212022202320242025
EPS ($)
$2.96 $3.79 $3.34 $3.58 $3.79 $4.11 $4.45 $4.22 $4.83 $4.81 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

WEC ENERGY GROUP, INC. trades at about 22.7× earnings — near its 10-year norm (10-year range 17×–27.9×, median 21.9×).

17× 27.9×

Shaded band = 10-year range (17×–27.9×); dot = today's 22.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin22.9%25.0%21.5%20.0%20.6%23.6%20.4%19.1%23.2%22.7%
FCF margin———-6.6%-4.1%-9.4%-2.4%0.4%1.6%9.1%
Debt / equity1.42×1.48×1.38×1.33×1.22×1.17×1.16×1.05×0.92×1.02×
Current ratio0.590.600.550.690.710.500.660.670.570.89

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.