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WEC ENERGY GROUP INC

For the period ended Dec 31, 2024. Filed Feb 21, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 21, 2025

WEC$117.15+1.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

F. Consolidated Statements of Equity

WEC Energy Group Common Shareholders' Equity
Common StockAdditional Paid In CapitalRetained EarningsAccumulated Other Comprehensive LossTotal Common Shareholders' EquityPreferred Stock of SubsidiaryNon-controlling InterestsTotal Equity
(in millions, except per share amounts)
Balance at December 31, 2021$3.2$4,138.1$6,775.1$(3.2)$10,913.2$30.4$169.7$11,113.3
Net income attributed to common shareholders——1,408.1—1,408.1——1,408.1
Net income attributed to noncontrolling interests——————0.40.4
Other comprehensive loss———(3.6)(3.6)——(3.6)
Common stock dividends of $2.91 per share——(917.9)—(917.9)——(917.9)
Exercise of stock options—33.6——33.6——33.6
Purchase of common stock—(69.2)——(69.2)——(69.2)
Acquisition of noncontrolling interests——————42.542.5
Capital contributions from noncontrolling interest——————1.11.1
Distributions to noncontrolling interests——————(4.3)(4.3)
Stock-based compensation and other—12.7——12.7—(0.1)12.6
Balance at December 31, 2022$3.2$4,115.2$7,265.3$(6.8)$11,376.9$30.4$209.3$11,616.6
Net income attributed to common shareholders——1,331.7—1,331.7——1,331.7
Net loss attributed to noncontrolling interests——————(1.2)(1.2)
Other comprehensive loss———(0.9)(0.9)——(0.9)
Common stock dividends of $3.12 per share——(984.2)—(984.2)——(984.2)
Exercise of stock options—6.3——6.3——6.3
Purchase of common stock—(16.6)——(16.6)——(16.6)
Acquisition of noncontrolling interests——————114.9114.9
Distributions to noncontrolling interests——————(6.0)(6.0)
Stock-based compensation and other—11.0——11.0—(0.1)10.9
Balance at December 31, 2023$3.2$4,115.9$7,612.8$(7.7)$11,724.2$30.4$316.9$12,071.5
Net income attributed to common shareholders——1,527.2—1,527.2——1,527.2
Net loss attributed to noncontrolling interests——————(4.1)(4.1)
Other comprehensive loss———(0.1)(0.1)——(0.1)
Issuance of common stock, net—163.4——163.4——163.4
Common stock dividends of $3.34 per share——(1,056.2)—(1,056.2)——(1,056.2)
Exercise of stock options—23.7——23.7——23.7
Purchase of common stock—(3.2)——(3.2)——(3.2)
Acquisition of noncontrolling interests——————99.499.4
Purchase of additional ownership interest in Samson I from noncontrolling interest—4.3——4.3—(32.4)(28.1)
Distributions to noncontrolling interests——————(3.3)(3.3)
Stock-based compensation and other—11.7——11.7——11.7
Balance at December 31, 2024$3.2$4,315.8$8,083.8$(7.8)$12,395.0$30.4$376.5$12,801.9
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.