Wec Energy Group, Inc. (WEC)
Utilities · Electric Utilities · US stock · S&P 500 component
$108.71
▲ +2.67 (2.52%)
Fair valueFair
$101 −7.5% to fair value
$50fair band $70–$131$151
Day's range
$106.18 – $109.07
52-week range
$99.80 – $118.87
About Wec Energy Group, Inc.
Homes and businesses in Wisconsin, and to a lesser extent Illinois, receive electricity and natural gas from the utilities owned by WEC Energy Group. Its utilities include We Energies and Wisconsin Public Service, and it owns stakes in transmission and power generation assets. Rates charged to customers are set by state regulators, and the group is organised into regulated utility segments for each service area.
Most revenue comes from regulated charges for electricity and gas, set so the utilities can recover costs and earn an allowed return. Revenue was $10.1 billion over the last twelve months, with growth of 0.7% a year across the last three years. The operating margin is 22.8%, and the business earns a profit of 6% on the capital invested in it. Net debt is 5.9 times EBITDA. The dividend yield is 3.4%. On the site's X-Ray Score it receives 48 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $99.80 – $118.87Volume 3,087,700Daily, split-adjusted
Vitals
Market cap$35.8B
52-week range$99.80 – $118.87
Volume (last day)3,087,700
P/E (TTM)21.0
EBIT / EV yield4.0%
Free-cash-flow yield–
Dividend yield3.4%
Revenue (TTM)$10.1B
Net income (TTM)$1.7B
Operating margin22.8%
Return on capital5.6%
Debt incl. leases$22.6B
Cash & securities$50M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$101model spread $89 – $114
Fair
−7.5% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $109
Undervalued < $70Fair $70 – $131Overvalued > $131
10-year DCF (market-scaled)
$96
Peer multiples
$100
Earnings power floor (not blended)
$33
Fundamentals-adjusted multiple
$106
Growth the price implies
10.2%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Utilities peers. Open a lens to see the numbers behind it.
Valuation
Weak
39/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield4.0%
Fair value vs price0.9×
Growth
Weak
41/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)0.7%
EPS growth (3y)2.6%
Growth consistency70%
Profitability
Fair
61/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital5.6%
Operating margin22.8%
Gross profitability12.6%
Financial health
Weak
41/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score4 / 9
Net debt / EBITDA5.9×
Interest cover2.5×
Dividends
Fair
65/100
Dividend is typical for its sector.
See the numbers →
Dividend yield3.4%
Dividend growth7.7%
Quarterly results: last 6 quarters
+17.5%
Mar '25
+13.4%
Jun '25
+12.9%
Sep '25
+11.1%
Dec '25
+9.0%
Mar '26
+2.6%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.1B.
Compare with peers
EIX Edison International71 EXC Exelon Corp66 ES Eversource Energy66 AEP American Electric Powe...63Other Electric Utilities companies by X-Ray Score.
Fundamentals checklist
● 3 Good · ● 5 Average · ● 6 BadCash quality
Earnings backed by cashGood
Risk models
Altman Z''Good
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioBad
Net debt / EBITDAAverage
Interest coverAverage
Valuation
Fair value vs priceAverage
EBIT / EV yieldBad
Profitability
Return on invested capitalGood
Operating marginAverage
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 44/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $8.3B | $9.6B | $8.9B | $8.6B | $9.8B |
| Operating income | $1.7B | $1.9B | $1.9B | $2.2B | $2.2B |
| Net income | $1.3B | $1.4B | $1.3B | $1.5B | $1.6B |
| Operating cash flow | $2.0B | $2.1B | $3.0B | $3.2B | $3.4B |
| Operating margin | 20.6% | 20.0% | 21.5% | 25.0% | 22.9% |
| Free cash flow | −$340M | −$636M | – | – | – |
| Diluted EPS | $4.11 | $4.45 | $4.22 | $4.83 | $4.81 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
10 bullish · 1 neutral · 5 bearish
Weekly
Bullish
7 bullish · 1 neutral · 4 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
| SMA 10 | 104.7 | Bullish |
| EMA 10 | 105.3 | Bullish |
| SMA 20 | 103.3 | Bullish |
| EMA 20 | 104.5 | Bullish |
| SMA 50 | 105.3 | Bullish |
| EMA 50 | 105.6 | Bullish |
| SMA 100 | 108.9 | Bearish |
| EMA 100 | 107.4 | Bullish |
| SMA 200 | 109.9 | Bearish |
| EMA 200 | 108.1 | Bullish |
Oscillators (daily)
| RSI (14) | 67.51 | Neutral |
| MACD (12, 26) | 0.46 | Bullish |
| Momentum (12) | 7.87 | Bullish |
| Stochastic %K (14) | 96.12 | Bearish |
| Williams %R (14) | -3.88 | Bearish |
| CCI (20) | 207.2 | Bearish |
Pivot points (classic, last session)
S3 104.0 | S2 105.1 | S1 106.9 | Pivot 108.0 | R1 109.8 | R2 110.9 | R3 112.7 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.75 USD
Yield on today's price
3.45%
Frequency
Quarterly
Next ex-dividend date
13 Nov 2026
| Ex-dividend date | Amount per share |
|---|---|
| 13 Nov 2026 (upcoming) | 0.9525 |
| 14 Aug 2026 | 0.9525 |
| 14 May 2026 | 0.9525 |
| 13 Feb 2026 | 0.9525 |
| 14 Nov 2025 | 0.8925 |
| 14 Aug 2025 | 0.8925 |
| 14 May 2025 | 0.8925 |
| 14 Feb 2025 | 0.8925 |
| 14 Nov 2024 | 0.8350 |
| 14 Aug 2024 | 0.8350 |
| 13 May 2024 | 0.8350 |
| 13 Feb 2024 | 0.8350 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
WEC SEC filings
4 Sep 2026
8-KSEC EDGAR
Regulation FD disclosure
18 Aug 2026
8-KSEC EDGAR
Entered a material agreement
11 Aug 2026
8-KSEC EDGAR
Director or officer change
4 Aug 2026
10-QSEC EDGAR
Quarterly report
3 Aug 2026
8-KSEC EDGAR
Regulation FD disclosure
29 Jul 2026
8-KSEC EDGAR
Results of operations
1 Jun 2026
8-KSEC EDGAR
Regulation FD disclosure
12 May 2026
8-KSEC EDGAR
Shareholder vote results
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.