WEC Energy Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. WEC Energy Group's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $8,893,000,000. Profit margin reached 15%. Total operating expenses were $1,693,300,000.
Profit Margin
| 2014 | 4.99B | 588.3M | 11.77% |
|---|---|---|---|
| 2015 | 5.92B | 640.3M | 10.8% |
| 2016 | 7.47B | 940.2M | 12.58% |
| 2017 | 7.64B | 1.20B | 15.75% |
| 2018 | 7.67B | 1.06B | 13.81% |
| 2019 | 7.52B | 1.13B | 15.09% |
| 2020 | 7.24B | 1.20B | 16.59% |
| 2021 | 8.31B | 1.30B | 15.65% |
| 2022 | 9.59B | 1.40B | 14.68% |
| 2023 | 8.89B | 1.33B | 14.99% |
0LSL.L Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 8.89B | 9.59B | 8.31B | 7.24B | 7.52B | 7.67B | 7.64B | 7.47B | 5.92B | 4.99B |
Cost of revenue | 5.29B | 6.29B | 5.31B | 4.35B | 4.86B | 5.16B | 4.86B | 4.83B | 3.94B | 3.37B |
Gross profit | 3.60B | 3.30B | 2.99B | 2.89B | 2.65B | 2.51B | 2.77B | 2.63B | 1.97B | 1.62B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 1.69B | 1.37B | 1.28B | 1.18B | 1.12B | 1.04B | 993.5M | 957.3M | 726.2M | 513.2M |
Operating income | 1.90B | 1.92B | 1.71B | 1.70B | 1.53B | 1.46B | 1.78B | 1.68B | 1.25B | 1.11B |
Other income (expenses), net | -371.7M | -191.6M | -216.1M | -276.8M | -271.7M | 207M | -187.7M | 227.3M | -176.4M | -162.1M |
Income before tax | 1.53B | 1.73B | 1.49B | 1.42B | 1.25B | 1.23B | 1.58B | 1.50B | 1.07B | 950M |
Income tax expense | 204.6M | 322.9M | 200.3M | 227.9M | 125M | 169.8M | 383.5M | 566.5M | 433.8M | 361.7M |
Net income | 1.33B | 1.40B | 1.30B | 1.20B | 1.13B | 1.06B | 1.20B | 940.2M | 640.3M | 588.3M |
Earnings per share | ||||||||||
Basic EPS | 4.22 | 4.46 | 4.12 | 3.8 | 3.6 | 3.36 | 3.81 | 2.98 | 2.36 | 2.61 |
Diluted EPS | 4.22 | 4.45 | 4.11 | 3.79 | 3.58 | 3.35 | 3.79 | 2.96 | 2.34 | 2.59 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |