Net Income for WEC Energy Group (WEC)
According to WEC Energy Group's latest reported financial statements, the company's current net income (TTM) is $1.56B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.56B
YoY change
+2.0%
5Y CAGR
+5.3%
Peak year (2025)
$1.56B
Cumulative net income
$21.50B
Net Income history chart for WEC Energy Group (WEC) from 1985 to 2025
Net Income history table for WEC Energy Group (WEC) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.56B | +2.0% | ||
| 2024 | $1.53B | +14.7% | ||
| 2023 | $1.33B | -5.4% | ||
| 2022 | $1.41B | +8.3% | ||
| 2021 | $1.30B | +8.4% | ||
| 2020 | $1.20B | +5.8% | ||
| 2019 | $1.14B | +7.0% | ||
| 2018 | $1.06B | -12.0% | ||
| 2017 | $1.20B | +28.2% | ||
| 2016 | $940.20M | +46.8% | ||
| 2015 | $640.30M | +8.8% | ||
| 2014 | $588.30M | +1.9% | ||
| 2013 | $577.40M | +5.7% | ||
| 2012 | $546.30M | +3.8% | ||
| 2011 | $526.20M | +15.3% | ||
| 2010 | $456.50M | +19.4% | ||
| 2009 | $382.40M | +6.5% | ||
| 2008 | $359.10M | +7.0% | ||
| 2007 | $335.60M | +6.1% | ||
| 2006 | $316.40M | +2.5% | ||
| 2005 | $308.70M | +0.8% | ||
| 2004 | $306.40M | +25.4% | ||
| 2003 | $244.30M | +46.3% | ||
| 2002 | $167.00M | -23.7% | ||
| 2001 | $219.00M | +42.0% | ||
| 2000 | $154.20M | -26.2% | ||
| 1999 | $209.00M | +11.1% | ||
| 1998 | $188.10M | +209.9% | ||
| 1997 | $60.70M | -72.2% | ||
| 1996 | $218.10M | -6.8% | ||
| 1995 | $234.00M | +29.4% | ||
| 1994 | $180.90M | -4.0% | ||
| 1993 | $188.50M | +11.1% | ||
| 1992 | $169.70M | -10.4% | ||
| 1991 | $189.30M | +1.4% | ||
| 1990 | $186.70M | -3.8% | ||
| 1989 | $194.00M | +5.9% | ||
| 1988 | $183.20M | +8.1% | ||
| 1987 | $169.50M | +7.5% | ||
| 1986 | $157.70M | -5.9% | ||
| 1985 | $167.50M | — |
Net Income values are taken from WEC Energy Group's reported income 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
In 2025, WEC Energy Group (WEC) net income totalled $1.56B – edged up 2.0% year-over-year.
Over 2020–2025 (5 years), WEC Energy Group net income expanded at a +5.3% compound annual rate, sustaining 2 straight years of year-over-year growth.
$1.56B stands as the all-time-high annual net income, posted in 2025, against a low of $60.70M during 1997.
Within Utilities, WEC Energy Group (WEC) ranks 9th among 8 peers we track. The peer median for net income is $3.96B.
WEC Energy Group Net Income by Year
WEC Energy Group Net Income 2025: $1.56B
WEC Energy Group net income in 2025 was $1.56B, edged up 2.0% from 2024. This figure represents the highest annual value in the available history.
WEC Energy Group Net Income 2024: $1.53B
WEC Energy Group net income in 2024 was $1.53B, grew 14.7% from 2023.
WEC Energy Group Net Income 2023: $1.33B
WEC Energy Group net income in 2023 was $1.33B, declined 5.4% below 2022.
WEC Energy Group Net Income 2022: $1.41B
WEC Energy Group net income in 2022 was $1.41B, grew 8.3% from 2021.
WEC Energy Group Net Income 2021: $1.30B
WEC Energy Group net income in 2021 was $1.30B.
See more financial history for WEC Energy Group (WEC).
Sector peers — Net Income
Companies in the same sector as WEC Energy Group, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $6.83B | Utilities |
| Duke Energy Corporation (DUK) | $4.97B | Utilities |
| GE Vernova Inc. (GEV) | $4.88B | Utilities |
| The Southern Company (SO) | $4.34B | Utilities |
| American Electric Power Company, Inc. (AEP) | $3.58B | Utilities |
| Dominion Energy, Inc. (D) | $3.00B | Utilities |
| Constellation Energy Corporation (CEG) | $2.32B | Utilities |
| Sempra (SRE) | $1.84B | Utilities |
Frequently asked questions
What is WEC Energy Group's net income?
- Latest reported net income for WEC Energy Group (WEC) is $1.56B (period ending December 31, 2025).
How has WEC Energy Group net income changed year-over-year?
- WEC Energy Group (WEC) net income changed +2.0% year-over-year on the latest annual filing.
What is the long-term growth rate of WEC Energy Group net income?
- WEC Energy Group (WEC) net income compound annual growth rate is +5.3% over the most recent 5 years available.
When did WEC Energy Group net income hit its highest annual value?
- WEC Energy Group net income reached its highest annual value of $1.56B in 2025.
What was WEC Energy Group net income in 2024?
- WEC Energy Group (WEC) net income in 2024 was $1.53B.
What was WEC Energy Group net income in 2025?
- WEC Energy Group (WEC) net income in 2025 was $1.56B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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