Capital Expenditures for WEC Energy Group (WEC)
According to WEC Energy Group's latest reported financial statements, the company's current capital expenditures (TTM) is $4.40B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$4.40B
YoY change
+58.1%
5Y CAGR
+14.5%
Peak year (2025)
$4.40B
Cumulative capital expenditures
$39.69B
CapEx history chart for WEC Energy Group (WEC) from 1994 to 2025
CapEx history table for WEC Energy Group (WEC) from 1994 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $4.40B | +58.1% | ||
| 2024 | $2.78B | +11.6% | ||
| 2023 | $2.49B | +7.7% | ||
| 2022 | $2.31B | +2.8% | ||
| 2021 | $2.25B | +0.6% | ||
| 2020 | $2.24B | -1.0% | ||
| 2019 | $2.26B | +6.9% | ||
| 2018 | $2.12B | +8.0% | ||
| 2017 | $1.96B | +37.6% | ||
| 2016 | $1.42B | +16.3% | ||
| 2015 | $1.22B | +66.3% | ||
| 2014 | $736.10M | +7.1% | ||
| 2013 | $687.40M | -2.8% | ||
| 2012 | $707.00M | -14.9% | ||
| 2011 | $830.80M | +4.1% | ||
| 2010 | $798.20M | -2.4% | ||
| 2009 | $817.70M | -28.1% | ||
| 2008 | $1.14B | -6.1% | ||
| 2007 | $1.21B | +30.5% | ||
| 2006 | $928.70M | +24.6% | ||
| 2005 | $745.10M | +17.0% | ||
| 2004 | $636.80M | -3.4% | ||
| 2003 | $659.40M | +18.4% | ||
| 2002 | $556.80M | -17.2% | ||
| 2001 | $672.50M | +10.1% | ||
| 2000 | $611.00M | -23.1% | ||
| 1999 | $794.90M | +99.2% | ||
| 1998 | $399.00M | +15.4% | ||
| 1997 | $345.90M | -11.1% | ||
| 1996 | $389.20M | +43.2% | ||
| 1995 | $271.70M | -8.1% | ||
| 1994 | $295.80M | — |
CapEx values are taken from WEC Energy Group's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of WEC Energy Group (WEC) capital expenditures is $4.40B – surged 58.1% year-over-year.
Through 2020–2025 (5 years), WEC Energy Group capital expenditures delivered a +14.5% annualised rate; sustaining 5 straight years of year-over-year growth.
The dataset's maximum capital expenditures sits at $4.40B (2025); the minimum reading of $271.70M dates to 1995.
Within Utilities, WEC Energy Group (WEC) ranks 6th among 8 peers we track. The peer median for capital expenditures is $9.94B.
WEC Energy Group Capital Expenditures by Year
WEC Energy Group Capital Expenditures 2025: $4.40B
WEC Energy Group capital expenditures in 2025 was $4.40B, surged 58.1% from 2024. This figure represents the highest annual value in the available history.
WEC Energy Group Capital Expenditures 2024: $2.78B
WEC Energy Group capital expenditures in 2024 was $2.78B, grew 11.6% from 2023.
WEC Energy Group Capital Expenditures 2023: $2.49B
WEC Energy Group capital expenditures in 2023 was $2.49B, grew 7.7% from 2022.
WEC Energy Group Capital Expenditures 2022: $2.31B
WEC Energy Group capital expenditures in 2022 was $2.31B, edged up 2.8% from 2021.
WEC Energy Group Capital Expenditures 2021: $2.25B
WEC Energy Group capital expenditures in 2021 was $2.25B.
See more financial history for WEC Energy Group (WEC).
Sector peers — CapEx
Companies in the same sector as WEC Energy Group, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $14.02B | Utilities |
| The Southern Company (SO) | $13.39B | Utilities |
| Dominion Energy, Inc. (D) | $12.64B | Utilities |
| Sempra (SRE) | $10.61B | Utilities |
| NextEra Energy, Inc. (NEE) | $9.27B | Utilities |
| Constellation Energy Corporation (CEG) | $2.95B | Utilities |
| GE Vernova Inc. (GEV) | $1.28B | Utilities |
| American Electric Power Company, Inc. (AEP) | $130.00M | Utilities |
Frequently asked questions
What is WEC Energy Group's capital expenditures?
- Latest reported capital expenditures for WEC Energy Group (WEC) is $4.40B (period ending December 31, 2025).
How has WEC Energy Group capital expenditures changed year-over-year?
- WEC Energy Group (WEC) capital expenditures changed +58.1% year-over-year on the latest annual filing.
What is the long-term growth rate of WEC Energy Group capital expenditures?
- WEC Energy Group (WEC) capital expenditures compound annual growth rate is +14.5% over the most recent 5 years available.
When did WEC Energy Group capital expenditures hit its highest annual value?
- WEC Energy Group capital expenditures reached its highest annual value of $4.40B in 2025.
What was WEC Energy Group capital expenditures in 2024?
- WEC Energy Group (WEC) capital expenditures in 2024 was $2.78B.
What was WEC Energy Group capital expenditures in 2025?
- WEC Energy Group (WEC) capital expenditures in 2025 was $4.40B.
Metrics overview
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