WEC Energy Group Revenue, Profits - WEC Annual Income Statement

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$67.94 $0.69 (1.03%) WEC stock closing price Aug 16, 2018 (Closing)

Looking at financial statements, along with the WEC Energy Group stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from 7.47B to 7.65B and how operating and non operating activities have impacted the WEC stock. Revenue for year 2017 is $7.65B and has increased from $7.47B year on year as is evident when you compare the latest figures in the latest WEC Energy Group profit and loss statement with those of the prior corresponding period. Also see WEC Energy Group assets and WEC Energy Group free cash flow for a complete valuation of WEC stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
WEC Energy Group Revenues or Net Sales
7.65B7.47B5.93B5B4.52B4.25B4.49B4.2B4.13B4.43B
Cost Of Goods Sold (COGS)4.87B4.83B3.95B3.37B2.98B2.76B3.16B3.18B3.24B3.82B
WEC Energy Group Gross Profit
2.78B2.64B1.98B1.63B1.54B1.49B1.33B1.02B891.1M607.5M
Research & Development Expense----------
Selling General & Admin Expense194.9M194.7M164.4M104.4M68.7M121.4M113.7M-92.39M-118.7M-379.9M
Income Before Depreciation Depletion Amortization2.58B2.44B1.81B1.52B1.47B1.36B1.22B1.12B1.01B987.4M
Depreciation Depletion Amortization798.6M762.6M561.8M408.8M388.1M364.2M330.2M305.6M346.1M326.8M
Non Operating Income218.9M227.3M155M79.4M87.3M100.5M125.2M100.3M87.5M68.8M
Interest Expense415.7M402.7M331.4M241.5M252.1M248.2M235.8M206.4M156.7M153.7M
WEC Energy Group Pretax Income
1.59B1.51B1.07B950M915.3M852.6M776.7M704.3M594.5M575.7M
Provision for Income Taxes383.5M566.5M433.8M361.7M337.9M306.3M263.9M249.9M217.3M217.1M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.2B940.2M640.3M588.3M577.4M546.3M512.8M454.4M377.2M358.6M
Extraordinary Items & Discontinued Operations------13.4M2.1M5.2M-
WEC Energy Group Profit/ Loss (Net Income)
1.2B940.2M640.3M588.3M577.4M546.3M526.2M456.5M382.4M359.1M
Average Shares used to compute Diluted EPS317.2M316.9M272.7M227.5M229.7M232.8M235.4M236.8M235.8M236.4M
Average Shares used to compute Basic EPS315.6M315.6M271.1M225.6M227.6M230.2M232.6M233.8M233.8M233.8M
Income Before Nonrecurring Items997M941.1M746.65M601.95M577.4M546.3M512.8M454.4M377.2M358.6M
Income from Nonrecurring Items207.9M-0.9M-106.35M-13.65M------
WEC Energy Group Earnings Per Share Basic Net
3.812.982.362.612.542.372.261.961.641.54
WEC Energy Group Earnings Per Share Diluted Net
3.792.962.342.592.512.352.241.931.621.52
EPS Diluted Before Nonrecurring Items3.142.972.732.652.512.352.181.921.601.52
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common2.081.982.141.561.451.201.040.800.680.54
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing WEC Energy Group stock analysis are:

  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth - See: WEC Energy Group revenue chart implies that the company is growing. It has been the case with WEC Energy Group. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $1.2B for WEC Energy Group for 2017. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called the profit and loss statement. Apart from the WEC income statement, one can check the WEC Energy Group historical stock prices to check how the price has moved with time.

WEC Energy Group Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
16.69
PS Ratio (price sales ratio)
2.75
Operating Margin
19.8
Net Profit Margin
13.8
Dividend Yield
3.21%