Total Debt for WEC Energy Group (WEC)
According to WEC Energy Group's latest reported financial statements, the company's latest reported total debt is $22.31B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$22.31B
YoY change
+9.8%
5Y CAGR
+9.3%
Peak year (2025)
$22.31B
Latest annual
$22.31B
Total Debt history chart for WEC Energy Group (WEC) from 1994 to 2025
Total Debt history table for WEC Energy Group (WEC) from 1994 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $22.31B | +9.8% | ||
| 2024 | $20.33B | +8.1% | ||
| 2023 | $18.80B | +8.2% | ||
| 2022 | $17.37B | +11.4% | ||
| 2021 | $15.59B | +9.1% | ||
| 2020 | $14.29B | +12.2% | ||
| 2019 | $12.73B | +7.9% | ||
| 2018 | $11.80B | +6.9% | ||
| 2017 | $11.03B | +8.4% | ||
| 2016 | $10.18B | -1.9% | ||
| 2015 | $10.38B | +99.1% | ||
| 2014 | $5.21B | -0.6% | ||
| 2013 | $5.24B | -0.3% | ||
| 2012 | $5.26B | -1.1% | ||
| 2011 | $5.32B | +5.0% | ||
| 2010 | $5.06B | +1.3% | ||
| 2009 | $5.00B | +5.4% | ||
| 2008 | $4.74B | +7.1% | ||
| 2007 | $4.43B | +3.4% | ||
| 2006 | $4.28B | +7.5% | ||
| 2005 | $3.98B | +8.3% | ||
| 2004 | $3.68B | -15.0% | ||
| 2003 | $4.33B | +7.5% | ||
| 2002 | $4.02B | -5.8% | ||
| 2001 | $4.27B | +2.3% | ||
| 2000 | $4.17B | +54.0% | ||
| 1999 | $2.71B | +25.8% | ||
| 1998 | $2.15B | +10.9% | ||
| 1997 | $1.94B | +15.9% | ||
| 1996 | $1.68B | +6.3% | ||
| 1995 | $1.58B | +0.5% | ||
| 1994 | $1.57B | — |
Total Debt values are taken from WEC Energy Group's reported balance sheets (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 total debt for WEC Energy Group (WEC) came in at $22.31B – grew 9.8% year-over-year.
WEC Energy Group total debt has recorded the values shown across consecutive periods, with a +9.3% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum total debt sits at $22.31B (2025); the minimum reading of $1.57B dates to 1994.
Within Utilities, WEC Energy Group (WEC) ranks 7th among 8 peers we track. The peer median for total debt is $49.59B.
WEC Energy Group Total Debt by Year
WEC Energy Group Total Debt 2025: $22.31B
WEC Energy Group total debt in 2025 was $22.31B, grew 9.8% from 2024. This figure represents the highest annual value in the available history.
WEC Energy Group Total Debt 2024: $20.33B
WEC Energy Group total debt in 2024 was $20.33B, grew 8.1% from 2023.
WEC Energy Group Total Debt 2023: $18.80B
WEC Energy Group total debt in 2023 was $18.80B, grew 8.2% from 2022.
WEC Energy Group Total Debt 2022: $17.37B
WEC Energy Group total debt in 2022 was $17.37B, grew 11.4% from 2021.
WEC Energy Group Total Debt 2021: $15.59B
WEC Energy Group total debt in 2021 was $15.59B.
See more financial history for WEC Energy Group (WEC).
Sector peers — Total Debt
Companies in the same sector as WEC Energy Group, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $95.62B | Utilities |
| Duke Energy Corporation (DUK) | $90.87B | Utilities |
| The Southern Company (SO) | $65.82B | Utilities |
| American Electric Power Company, Inc. (AEP) | $50.24B | Utilities |
| Dominion Energy, Inc. (D) | $48.94B | Utilities |
| Sempra (SRE) | $36.29B | Utilities |
| Constellation Energy Corporation (CEG) | $8.99B | Utilities |
| GE Vernova Inc. (GEV) | $0 | Utilities |
Frequently asked questions
What is WEC Energy Group's total debt?
- Latest reported total debt for WEC Energy Group (WEC) is $22.31B (period ending December 31, 2025).
How has WEC Energy Group total debt changed year-over-year?
- WEC Energy Group (WEC) total debt changed +9.8% year-over-year on the latest annual filing.
What is the long-term growth rate of WEC Energy Group total debt?
- WEC Energy Group (WEC) total debt compound annual growth rate is +9.3% over the most recent 5 years available.
When did WEC Energy Group total debt hit its highest annual value?
- WEC Energy Group total debt reached its highest annual value of $22.31B in 2025.
What was WEC Energy Group total debt in 2024?
- WEC Energy Group (WEC) total debt in 2024 was $20.33B.
What was WEC Energy Group total debt in 2025?
- WEC Energy Group (WEC) total debt in 2025 was $22.31B.
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