WEC ENERGY GROUP INC
For the period ended Mar 31, 2025. Filed May 7, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 7, 2025
WEC$117.01-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Income Statements
| CONDENSED CONSOLIDATED INCOME STATEMENTS (Unaudited) | Three Months Ended | |
|---|---|---|
| March 31 | ||
| (in millions, except per share amounts) | 2025 | 2024 |
| Operating revenues | $3,149.5 | $2,680.2 |
| Operating expenses | ||
| Cost of sales | 1,165.7 | 927.1 |
| Other operation and maintenance | 608.0 | 530.8 |
| Depreciation and amortization | 359.9 | 333.4 |
| Property and revenue taxes | 78.4 | 75.5 |
| Total operating expenses | 2,212.0 | 1,866.8 |
| Operating income | 937.5 | 813.4 |
| Equity in earnings of transmission affiliates | 53.6 | 44.8 |
| Other income, net | 18.1 | 44.1 |
| Interest expense | 223.0 | 192.0 |
| Other expense | (151.3) | (103.1) |
| Income before income taxes | 786.2 | 710.3 |
| Income tax expense | 60.7 | 87.7 |
| Net income | 725.5 | 622.6 |
| Preferred stock dividends of subsidiary | 0.3 | 0.3 |
| Net income attributed to noncontrolling interests | (1.0) | — |
| Net income attributed to common shareholders | $724.2 | $622.3 |
| Earnings per share | ||
| Basic | $2.28 | $1.97 |
| Diluted | $2.27 | $1.97 |
| Weighted average common shares outstanding | ||
| Basic | 318.2 | 315.6 |
| Diluted | 319.3 | 315.9 |
| 03/31/2025 Form 10-Q | 4 | WEC Energy Group, Inc. |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.