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Gross Margin for WEC Energy Group (WEC)

As of · Reported

Metric

TTM

55.7%

YoY change

+6.53pp

Trough year (2010)

24.4%

Peak year (2001)

83.2%

Gross Margin history chart for WEC Energy Group (WEC) from 1994 to 2025

Latest: 50.5%

Gross Margin change chart for WEC Energy Group (WEC) from 1994 to 2025

Latest: +6.53pp

Gross Margin history table for WEC Energy Group (WEC) from 1994 to 2025

  • 202550.5%+6.53pp
  • 202444.0%+3.53pp
  • 202340.5%+6.11pp
  • 202234.4%-1.68pp
  • 202136.1%-3.84pp
  • 202039.9%+4.56pp
  • 201935.4%+2.65pp
  • 201832.7%-3.51pp
  • 201736.2%+0.70pp
  • 201635.5%+2.16pp
  • 201533.4%+0.83pp
  • 201432.5%-1.48pp
  • 201334.0%-0.98pp
  • 201235.0%+5.32pp
  • 201129.7%+5.31pp
  • 201024.4%-27.22pp
  • 200951.6%+7.21pp
  • 200844.4%-32.11pp
  • 200776.5%-3.44pp
  • 200679.9%+0.29pp
  • 200579.6%-2.38pp
  • 200482.0%+14.51pp
  • 200367.5%+1.76pp
  • 200265.8%-17.44pp
  • 200183.2%+3.29pp
  • 200079.9%+5.79pp
  • 199974.1%-4.33pp
  • 199878.4%+3.30pp
  • 199775.2%-6.14pp
  • 199681.3%+0.80pp
  • 199580.5%-0.65pp
  • 199481.1%—

Gross Margin values are taken from WEC Energy Group's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Gross Margin at WEC Energy Group (WEC)

According to WEC Energy Group's latest reported financial statements, the company's latest reported gross margin is 55.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

WEC Energy Group (WEC) most recent annual gross margin stands at 50.55% (2025) – expanded 6.5 percentage points year-over-year.

The record annual gross margin stands at 83.20%, reached in 2001; the historical low of 24.36% was recorded in 2010.

WEC Energy Group Gross Margin by Year

WEC Energy Group Gross Margin 2025: 50.5%

WEC Energy Group posted gross margin of 50.55% in 2025, expanded 6.5 percentage points from 2024.

WEC Energy Group Gross Margin 2024: 44.0%

In 2024, WEC Energy Group reported gross margin of 44.02%, expanded 3.5 percentage points from 2023.

WEC Energy Group Gross Margin 2023: 40.5%

WEC Energy Group gross margin in 2023 was 40.50%, expanded 6.1 percentage points from 2022.

WEC Energy Group Gross Margin 2022: 34.4%

2022's gross margin for WEC Energy Group came in at 34.39%, contracted 1.7 percentage points from 2021.

WEC Energy Group Gross Margin 2021: 36.1%

WEC Energy Group gross margin in 2021 was 36.07%.

See more financial history for WEC Energy Group (WEC).

Sector peers by Gross Margin

Utilities peers of WEC Energy Group (WEC), ranked by their latest gross margin

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