Skip to content
AnalystLens
Back to WECIncome Statement

Wec Energy Group Net Income 2007-2026 | WEC

Annual FY2007–FY2025 · quarterly through Q3 FY2026

Latest annual · FY2025

$1.56B

+2.0%YoY vs FY2024Source: 10-KFY2025

From $335.6M in FY2007 to $1.56B in FY2025: 4.6× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$804M+11.1%$299M+21.9%$389M+43.5%Not reported
FY25$724M+16.4%$245M+16.1%$271M+13.0%$317M−30.2%
FY24$622M+22.6%$211M−27.1%$240M−24.0%$454M+107.6%
FY23$508M−10.3%$290M+0.8%$316M+4.6%$219M−13.5%
FY22$566M+10.9%$288M+4.2%$302M+4.1%$253M+12.7%
Share40%19%21%20%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

+5.4%

FY2020
$1.20B
FY2025
$1.56B

5 years selected · on the chart

Net Income History

Year-over-year comparison from 10-K annual reports

  1. $1.56B
YoY changeLargest recent move+47.1%in FY16Latest +2.0%

Net Income, period by period

PeriodValueChangeSource
FY2025$1.56B+2.0%10-K
FY2024$1.53B+14.7%10-K
FY2023$1.33B−5.4%10-K
FY2022$1.41B+8.3%10-K
FY2021$1.30B+8.4%10-K
FY2020$1.20B+5.8%10-K
FY2019$1.13B+7.1%10-K
FY2018$1.06B−12.0%10-K
FY2017$1.20B+28.2%10-K
FY2016$939.0M+47.1%10-K
FY2015$638.5M+8.3%10-K
FY2014$589.5M+1.9%10-K
FY2013$578.6M+5.9%10-K
FY2012$546.3M+3.8%10-K
FY2011$526.2M+15.3%10-K
FY2010$456.5M+19.4%10-K
FY2009$382.4M+6.5%10-K
FY2008$359.1M+7.0%10-K
FY2007$335.6M—10-K

What is net income?

Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.

What is Wec Energy Group's current net income?

Wec Energy Group (WEC) annual net income for 2025 was $1.56B, a 1.98% increase from 2024. Wec Energy Group net income for the quarter ending September 30, 2026 was $389.3M.

What was Wec Energy Group's net income in 2024?

Wec Energy Group annual net income for 2024 was $1.53B, a 14.68% increase from 2023.

What was Wec Energy Group's net income in 2023?

Wec Energy Group annual net income for 2023 was $1.33B, a 5.43% decline from 2022.

What is Wec Energy Group's 5-year net income CAGR?

Wec Energy Group net income grew at a compound annual growth rate (CAGR) of 5.36% from FY2020 to FY2025, going from $1.20B to $1.56B over 5 years.

Company
Wec Energy Group
Ticker
WEC
Sector
Energy
Industry
Electric & Other Services Combined