WEC | WEC Energy Group, Inc. Stock Financials Income Statements Annual

(Stock Exchange: NYSE)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Revenue	8.89B	9.60B	8.32B	7.24B	7.52B	7.68B	7.65B	7.47B	5.93B	5.00B	4.52B	4.25B	4.49B	4.20B	4.13B	4.43B	4.24B	4.00B	3.82B	3.43B	4.05B	3.74B	3.93B	3.35B	2.27B	1.98B	1.79B	1.77B	1.77B	1.74B
Cost of Revenue	4.46B	6.30B	5.32B	4.35B	4.86B	5.17B	4.87B	4.83B	3.95B	3.37B	2.98B	2.76B	1.90B	1.85B	1.98B	1.24B	996.40M	802.00M	776.70M	592.90M	570.80M	594.10M	660.10M	682.10M	588.10M	461.40M	444.70M	331.90M	345.40M	328.50M
Gross Profit	4.44B	3.30B	3.00B	2.89B	2.66B	2.51B	2.78B	2.64B	1.98B	1.63B	1.54B	1.49B	2.59B	2.35B	2.15B	3.19B	3.24B	3.19B	3.04B	2.84B	3.48B	3.14B	3.27B	2.67B	1.68B	1.52B	1.34B	1.44B	1.43B	1.41B
Operating Expenses	2.35B	1.38B	1.28B	1.18B	1.13B	1.04B	993.50M	957.30M	726.20M	513.20M	456.80M	485.60M	1.70B	1.54B	1.72B	3.02B	2.61B	2.63B	2.48B	2.48B	2.93B	2.68B	2.66B	2.23B	1.23B	1.14B	1.13B	1.01B	947.80M	1.02B
Selling, General & Admin	2.10B	97.40M	68.60M	35.50M	30.10M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	-250.20M	1.38B	1.28B	1.18B	1.13B	70.30M	993.50M	957.30M	726.20M	513.20M	456.80M	485.60M	1.70B	1.54B	1.72B	3.02B	2.61B	2.63B	2.48B	2.48B	2.93B	2.68B	2.66B	2.23B	1.23B	1.14B	1.13B	1.01B	947.80M	1.02B
Operating Income	2.09B	1.92B	1.71B	1.71B	1.53B	1.47B	1.79B	1.68B	1.25B	1.11B	1.08B	1.00B	887.30M	810.40M	433.00M	172.50M	628.50M	568.50M	562.90M	356.90M	550.80M	458.00M	604.90M	444.90M	455.70M	374.80M	218.30M	436.50M	477.30M	392.80M
Other Expenses / Income	-550.60M	-191.60M	-216.10M	-276.80M	-271.70M	207.00M	-196.80M	-175.40M	-176.40M	-162.10M	-164.80M	-147.70M	-110.60M	-106.10M	161.50M	403.20M	-75.60M	-81.00M	-110.10M	-154.40M	-171.40M	-185.30M	-246.00M	-164.80M	-135.60M	-90.50M	-133.60M	-89.00M	-97.50M	-83.60M
Before Tax Income	1.54B	1.73B	1.50B	1.43B	1.26B	1.23B	1.59B	1.51B	1.07B	950.00M	915.30M	852.60M	776.70M	704.30M	594.50M	575.70M	552.90M	487.50M	452.80M	202.50M	379.40M	272.70M	358.90M	280.10M	320.10M	284.30M	84.70M	347.50M	379.80M	309.20M
Income Tax Expenses	204.60M	322.90M	200.30M	227.90M	125.00M	169.80M	383.50M	566.50M	433.80M	361.70M	337.90M	306.30M	263.90M	249.90M	217.30M	217.10M	216.40M	175.00M	149.20M	80.30M	135.10M	105.70M	150.40M	125.90M	111.10M	96.20M	24.00M	129.40M	145.80M	128.30M
Net Income	1.33B	1.41B	1.30B	1.20B	1.14B	1.06B	1.20B	940.20M	640.30M	588.30M	577.40M	546.30M	526.20M	456.50M	382.40M	359.10M	335.60M	316.40M	308.70M	306.40M	244.30M	167.00M	219.00M	154.20M	209.00M	188.10M	60.70M	218.10M	234.00M	180.90M
Interest Expenses	726.90M	515.10M	471.10M	493.70M	501.50M	445.10M	415.70M	402.70M	331.40M	241.50M	252.10M	248.20M	262.50M	206.40M	156.70M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	315.40M	315.40M	315.40M	315.40M	315.40M	315.50M	315.60M	315.60M	271.10M	225.60M	227.60M	230.20M	232.60M	233.80M	233.80M	233.80M	233.80M	234.00M	234.00M	235.40M	234.20M	230.80M	234.20M	241.20M	234.04M	228.63M	225.14M	221.97M	219.70M	216.05M
Diluted Shares Outstanding	315.90M	316.10M	316.30M	316.50M	316.70M	316.90M	317.20M	316.90M	272.70M	227.50M	229.70M	232.80M	235.40M	236.80M	235.80M	236.40M	237.00M	236.80M	236.80M	238.20M	236.80M	232.60M	235.80M	242.40M	234.04M	228.74M	225.14M	221.97M	219.87M	216.05M
EBITDA	3.35B	3.37B	3.08B	2.94B	2.69B	2.52B	2.80B	2.67B	1.99B	1.61B	1.57B	1.47B	1.39B	1.23B	1.11B	576.20M	552.00M	491.40M	457.90M	386.70M	379.40M	272.70M	369.40M	280.10M	320.10M	284.30M	84.70M	347.50M	379.80M	309.20M
EBITDA Margin	37.68%	35.12%	37.04%	40.56%	35.72%	32.83%	36.64%	35.76%	33.56%	32.24%	34.69%	34.68%	30.96%	29.27%	26.79%	13.00%	13.03%	12.30%	12.00%	11.27%	9.36%	7.30%	9.40%	8.35%	14.08%	14.36%	4.73%	19.59%	21.45%	17.75%
EBIT	2.26B	2.25B	1.97B	1.92B	1.76B	1.68B	2.00B	1.91B	1.41B	1.19B	1.17B	1.10B	1.05B	912.80M	756.40M	576.20M	552.00M	491.40M	457.90M	386.70M	379.40M	272.70M	369.40M	280.10M	320.10M	284.30M	84.70M	347.50M	379.80M	309.20M
EBIT Margin	25.46%	23.42%	23.72%	26.55%	23.42%	21.82%	26.20%	25.55%	23.72%	23.84%	25.83%	25.92%	23.46%	21.72%	18.32%	13.00%	13.03%	12.30%	12.00%	11.27%	9.36%	7.30%	9.40%	8.35%	14.08%	14.36%	4.73%	19.59%	21.45%	17.75%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31