Wec energy group, inc. (WEC)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Revenues

7,254

7,523

7,652

7,688

7,770

7,679

7,657

7,671

7,630

7,648

7,556

7,611

7,582

7,472

7,357

7,343

6,733

5,926

5,302

4,637

4,690

4,997

4,950

4,970

4,938

4,519

4,411

4,398

4,330

4,246

4,288

4,301

4,348

4,486

4,463

4,383

4,282

4,202

4,166

4,008

3,953

4,100

3,898

4,028

0

0

0

Operating expenses
Cost of sales

2,403

2,678

2,839

2,879

2,935

2,897

2,841

2,859

2,853

2,822

2,771

2,783

2,749

2,647

2,584

2,620

2,465

2,240

1,964

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel and purchased power

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

1,135

1,133

1,115

1,098

1,114

1,128

1,155

1,169

1,133

1,117

1,090

1,099

1,120

1,076

1,070

1,059

1,155

1,161

0

0

0

Cost of gas sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

624

618

578

545

563

577

623

728

765

764

738

751

763

758

765

912

763

885

0

0

0

Other operation and maintenance

2,089

2,184

2,251

2,275

2,309

2,270

2,201

2,121

2,063

2,056

2,057

2,102

2,144

2,171

2,126

2,145

1,960

1,709

1,485

1,198

1,117

1,112

1,114

1,132

1,142

1,155

1,138

1,115

1,117

1,116

1,146

1,198

1,229

1,256

1,265

1,287

1,305

1,327

1,278

1,260

1,247

1,246

1,258

1,292

0

0

0

Depreciation and amortization

939

926

907

886

863

845

833

821

812

798

786

777

769

762

748

733

647

561

472

395

393

391

352

349

345

340

383

378

372

364

353

344

336

330

323

318

312

305

313

322

331

343

341

335

0

0

0

Property and revenue taxes

206

201

195

196

196

196

196

193

194

194

196

197

197

194

197

197

179

164

144

124

123

121

119

118

117

116

118

119

120

121

119

117

115

113

111

109

107

106

107

107

109

110

110

109

0

0

0

Total operating expenses

5,639

5,991

6,194

6,238

6,304

6,211

6,072

5,996

5,924

5,872

5,811

5,859

5,860

5,776

5,657

5,696

5,252

4,675

4,182

3,616

3,597

3,885

3,816

3,824

3,801

3,438

3,402

3,365

3,304

3,246

3,296

3,366

3,461

3,599

3,599

3,596

3,554

3,590

3,582

3,525

3,523

3,671

3,629

3,784

0

0

0

Treasury Grant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of Gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-198

-205

-208

-215

-230

-334

-363

0

0

0

Operating income

1,615

1,531

1,458

1,449

1,466

1,468

1,585

1,675

1,706

1,776

1,745

1,751

1,721

1,696

1,700

1,647

1,481

1,250

1,113

1,014

1,089

1,112

1,140

1,152

1,140

1,080

1,009

1,032

1,025

1,000

991

935

887

887

910

888

877

810

789

690

645

660

604

607

0

0

0

Income (Loss) from Equity Method Investments

131

127

153

148

140

136

126

132

145

154

161

160

149

146

133

135

118

96

83

61

64

66

70

69

69

68

67

67

66

65

64

62

61

61

60

60

60

59

61

60

60

59

58

55

0

0

0

Other income, net

76

102

81

85

93

70

89

81

62

73

43

32

52

66

91

94

88

58

41

33

15

13

15

17

15

18

16

20

23

34

53

60

66

62

57

51

46

40

30

30

28

28

31

28

0

0

0

Interest expense

506

501

492

478

462

445

432

424

417

415

413

408

406

402

407

411

372

331

283

240

237

240

242

243

248

250

257

256

254

248

239

235

231

235

229

224

220

206

192

178

165

156

157

154

0

0

0

Nonoperating Income (Expense)

-298

-271

-257

-244

-229

-238

-216

-211

-209

-187

-208

-214

-204

-189

-182

-181

-165

-176

-153

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

1,316

1,259

1,200

1,205

1,237

1,230

1,369

1,464

1,496

1,588

1,536

1,537

1,517

1,506

1,518

1,466

1,315

1,074

955

868

931

951

983

995

977

916

837

864

861

852

870

824

784

776

799

775

764

704

687

603

568

591

535

536

0

0

0

Income tax expense

150

125

104

110

146

169

81

193

258

383

570

568

566

566

592

574

524

433

372

342

353

361

371

371

367

337

305

314

310

306

309

288

270

263

275

268

267

249

245

215

205

215

196

197

0

0

0

Preferred stock dividends of subsidiary

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-

-

1,095

1,095

-

-

1,288

1,270

1,238

-

966

968

950

940

925

891

790

640

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

454

441

387

363

375

339

339

0

0

0

Income from Discontinued Operations, Net of Tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

2

2

2

0

-

0

0

-

0

0

Net loss attributed to noncontrolling interests

-0

-0

-0

-0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributed to common shareholders

1,167

1,134

1,095

1,094

0

1,059

1,286

1,269

1,237

1,203

965

967

949

939

923

889

788

638

580

524

576

588

611

622

608

577

531

550

550

546

563

537

527

526

536

518

497

456

449

395

370

382

341

340

0

0

0

Earnings per share
Basic (in dollars per share)

1.43

-

0.74

0.75

1.33

-

0.74

0.73

1.24

-

0.68

0.63

1.13

-

0.69

0.57

1.10

-

0.58

0.36

0.87

-

0.56

0.59

0.92

-

0.61

0.52

0.77

-

0.68

0.52

0.75

0.49

0.56

0.42

0.73

0.54

0.48

0.37

0.55

-0.64

0.50

0.54

1.21

0.65

0.50

Discontinued Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.05

-

0.00

0.00

0.01

0.00

-

-

-

0.00

0.01

0.00

Earnings Per Share, Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.56

0.47

-

0.54

0.48

0.38

0.55

-0.61

0.50

0.54

1.21

0.66

0.50

Earnings Per Share (Diluted)
Diluted (in dollars per share)

1.43

-

0.74

0.74

1.33

-

0.74

0.73

1.23

-

0.68

0.63

1.12

-

0.68

0.57

1.09

-

0.58

0.35

0.86

-

0.56

0.58

0.91

-

0.60

0.52

0.76

-

0.67

0.51

0.74

0.50

0.55

0.41

0.72

0.53

0.47

0.37

0.55

-0.63

0.49

0.53

1.20

0.64

0.49

Discontinued Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.05

-

0.01

0.00

0.00

0.00

0.01

0.01

0.01

0.00

0.01

0.00

Earnings Per Share, Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.55

0.46

-

0.54

0.47

0.37

0.55

-0.62

0.50

0.54

1.20

0.65

0.49

Weighted average common shares outstanding
Basic (in shares)

315

315

315

315

315

315

315

315

315

315

315

315

315

315

315

315

315

315

315

227

225

225

225

225

225

226

226

228

228

229

230

230

230

230

232

233

233

233

233

233

233

584

116

116

116

116

116

Diluted (in shares)

316

316

316

316

316

316

316

316

316

316

317

317

317

316

316

317

317

317

317

229

227

227

227

227

227

228

228

230

231

232

232

233

233

233

234

236

236

236

236

236

236

589

118

117

118

118

118

Dividends per share of common stock (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.52

0.52

0.52

-

0.49

0.49

0.49

-

0.00

0.86

0.42

-

0.39

-

0.39

-

0.38

0.34

0.34

-

0.30

0.30

0.30

-

0.26

0.26

0.26

-

0.20

0.20

0.20

-

0.33

0.33

0.33

0.27

0.27