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Operating Income for WEC Energy Group (WEC)

According to WEC Energy Group's latest reported financial statements, the company's current operating income (TTM) is $2.37B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$2.37B

YoY change

+10.3%

5Y CAGR

+6.8%

Peak year (2025)

$2.37B

Cumulative operating income

$45.18B

Operating Income history chart for WEC Energy Group (WEC) from 1985 to 2025

Operating Income history table for WEC Energy Group (WEC) from 1985 to 2025

Fiscal yearPeriod endedReportedOperating IncomeYoY
2025$2.37B+10.3%
2024$2.15B+12.8%
2023$1.91B-0.8%
2022$1.92B+12.2%
2021$1.71B+0.5%
2020$1.71B+11.4%
2019$1.53B+4.3%
2018$1.47B-17.7%
2017$1.79B+6.1%
2016$1.68B+34.5%
2015$1.25B+12.4%
2014$1.11B+3.0%
2013$1.08B+8.0%
2012$1.00B+12.7%
2011$887.30M+9.5%
2010$810.40M+22.1%
2009$663.70M+284.8%
2008$172.50M-72.6%
2007$628.50M+10.6%
2006$568.50M+1.0%
2005$562.90M+57.7%
2004$356.90M-35.2%
2003$550.80M+20.3%
2002$458.00M-24.3%
2001$604.90M+36.0%
2000$444.90M-2.4%
1999$455.70M+21.6%
1998$374.80M+71.7%
1997$218.30M-50.0%
1996$436.50M-8.5%
1995$477.30M+21.5%
1994$392.80M-76.1%
1993$1.64B+5.9%
1992$1.55B+0.8%
1991$1.54B+6.7%
1990$1.44B-3.4%
1989$1.49B-3.1%
1988$1.54B+12.9%
1987$1.36B-3.3%
1986$1.41B-2.1%
1985$1.44B

Operating 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

2025's annual operating income for WEC Energy Group (WEC) came in at $2.37B – grew 10.3% year-over-year.

Looking at the 2020–2025 (5 years) stretch, WEC Energy Group operating income compounded at +6.8% per year, sustaining 2 straight years of year-over-year growth.

$2.37B stands as the all-time-high annual operating income, posted in 2025, against a low of $172.50M during 2008.

Among 8 Utilities peers, WEC Energy Group (WEC) ranks 8th; the peer median for operating income is $4.86B.

WEC Energy Group Operating Income by Year

WEC Energy Group Operating Income 2025: $2.37B

WEC Energy Group operating income in 2025 was $2.37B, grew 10.3% from 2024. This figure represents the highest annual value in the available history.

WEC Energy Group Operating Income 2024: $2.15B

WEC Energy Group operating income in 2024 was $2.15B, grew 12.8% from 2023.

WEC Energy Group Operating Income 2023: $1.91B

WEC Energy Group operating income in 2023 was $1.91B, edged down 0.8% below 2022.

WEC Energy Group Operating Income 2022: $1.92B

WEC Energy Group operating income in 2022 was $1.92B, grew 12.2% from 2021.

WEC Energy Group Operating Income 2021: $1.71B

WEC Energy Group operating income in 2021 was $1.71B.

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

Sector peers — Operating Income

Companies in the same sector as WEC Energy Group, ranked by their latest operating income.

CompanyOperating IncomeSector
Duke Energy Corporation (DUK)$8.58BUtilities
NextEra Energy, Inc. (NEE)$8.28BUtilities
The Southern Company (SO)$7.27BUtilities
American Electric Power Company, Inc. (AEP)$5.30BUtilities
Dominion Energy, Inc. (D)$4.41BUtilities
Sempra (SRE)$3.25BUtilities
Constellation Energy Corporation (CEG)$3.09BUtilities
GE Vernova Inc. (GEV)$1.39BUtilities

Frequently asked questions

What is WEC Energy Group's operating income?

Latest reported operating income for WEC Energy Group (WEC) is $2.37B (period ending December 31, 2025).

How has WEC Energy Group operating income changed year-over-year?

WEC Energy Group (WEC) operating income changed +10.3% year-over-year on the latest annual filing.

What is the long-term growth rate of WEC Energy Group operating income?

WEC Energy Group (WEC) operating income compound annual growth rate is +6.8% over the most recent 5 years available.

When did WEC Energy Group operating income hit its highest annual value?

WEC Energy Group operating income reached its highest annual value of $2.37B in 2025.

What was WEC Energy Group operating income in 2024?

WEC Energy Group (WEC) operating income in 2024 was $2.15B.

What was WEC Energy Group operating income in 2025?

WEC Energy Group (WEC) operating income in 2025 was $2.37B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.