WEC Energy Group Revenue, Profits - WEC Quarterly Income Statement

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$68.26 $0.32 (0.47%) WEC stock closing price Aug 17, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking WEC Energy Group stock price alone is not sufficient. In the income statement, an investor can check for important parameters like the topline or sales, the bottomline or profits, the basic EPS, dividends etc. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the WEC stock is bound to reflect the impact of the QOQ decline of -26.85%. Revenue for year 2018 Q2 is $1.67B and has decreased from $2.29B quarter on quarter 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 and download details of revenue and profits for WEC Energy Group for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
WEC Energy Group Revenues or Net Sales
1.67B2.29B2.06B1.66B1.63B2.3B1.96B1.71B1.6B2.19B
Cost Of Goods Sold (COGS)1.09B1.48B1.39B1.01B1.02B1.44B1.36B1.07B1.03B1.37B
WEC Energy Group Gross Profit
587.1M802.5M664.2M643.1M609.9M861.5M603M640.3M571.7M824.4M
Research & Development Expense----------
Selling General & Admin Expense49.6M48.8M47M48.3M50M49.6M48.2M49.7M49.6M47.2M
Income Before Depreciation Depletion Amortization537.5M753.7M617.2M594.8M559.9M811.9M554.8M590.6M522.1M777.2M
Depreciation Depletion Amortization206.7M208.6M205.1M201.2M197.7M194.6M193.1M191.6M190M187.9M
Non Operating Income60.1M40.3M50.8M55.6M54.9M57.6M47M45.8M63.3M71.2M
Interest Expense108.5M106.7M105.3M103.8M101.9M104.7M102.6M99.1M100.1M100.9M
WEC Energy Group Pretax Income
282.4M478.7M357.6M345.4M315.2M570.2M306.1M345.7M295.3M559.6M
Provision for Income Taxes51.1M88.3M-75.3M129.7M115.8M213.3M111.4M128.4M113.6M213.1M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations231.3M390.4M432.9M215.7M199.4M356.9M194.7M217.3M181.7M346.5M
Extraordinary Items & Discontinued Operations----------
WEC Energy Group Profit/ Loss (Net Income)
231.3M390.4M432.9M215.7M199.4M356.9M194.7M217.3M181.7M346.5M
Average Shares used to compute Diluted EPS316.9M316.9M317.2M317.5M317.4M317.2M316.7M316.9M317M317.1M
Average Shares used to compute Basic EPS315.5M315.5M315.6M315.6M315.6M315.6M315.6M315.6M315.6M315.7M
Income Before Nonrecurring Items231.3M390.4M225.9M215.7M199.4M356.9M194.7M219.4M181.7M346.5M
Income from Nonrecurring Items--207M-----2.1M--
WEC Energy Group Earnings Per Share Basic Net
0.731.241.370.680.631.130.620.690.571.10
WEC Energy Group Earnings Per Share Diluted Net
0.731.231.360.680.631.120.610.680.571.09
EPS Diluted Before Nonrecurring Items0.731.230.710.680.631.120.610.690.571.09
Preferred Dividends Acc Pd--0.82M--------
Dividends Common174.34174.34164.10-------
Dividend Per Share Common0.550.550.520.520.520.520.500.500.500.50
All figures in USD. M: Millions of USD, B: Billions of USD.
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WEC Energy Group stock analysis involves checking at least a few of the important things like:

  • Topline: A growing topline, as seen from the WEC Energy Group revenue chart, as isn't the case with WEC Energy Group indicates a sagging business. One needs to compare the QoQ topline or sales growth of WEC stock with its peers like EIX stock and TNABY stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $231.3M for WEC stock. An improving bottomline implies that the company is growing its profits.

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)
17.07
PS Ratio (price sales ratio)
2.81
Operating Margin
19.8
Net Profit Margin
13.8
Dividend Yield
3.14%