TORVANTA
Utilities · S&P 500 · data as of 2026-10-05

WEC stock analysis: WEC Energy

WEC Energy (WEC) is an S&P 500 company in Electric Utilities.

The model's view of WEC · subscribers

Where WEC ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with WEC · updated 2026-10-05 · from prices and SEC filings

WEC price performance

WEC against the S&P 500, one year
-10%+0%+10%+20%S&P 500 +18%WEC -8%2025-09-292026-10-05
Year to date-1.5%S&P 500 +14.5% · behind by 16.0 pts
1 year-7.6%S&P 500 +17.0% · behind by 24.6 pts
3 years+42.2%S&P 500 +89.3% · behind by 47.1 pts
5 years+35.1%S&P 500 +91.3% · behind by 56.2 pts

Total returns with dividends reinvested.

WEC factor grades

Each grade compares WEC with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

B-ValueFCF yield 10.8% (industry -3.1%)
BGrowthRevenue growth +9% (industry +8%)
BProfitabilityOperating margin 22.8% (industry 23.1%)ROIC 6.2% (industry 6.2%)
CMomentum12-month change -8%From 52-wk high -14%

WEC in plain numbers

WEC key statistics

SectorUtilities
IndustryElectric Utilities
IndexS&P 500
Market value$33.0B
Revenue growth (y/y)+9%
Free-cash-flow yield10.8%
Dividend yield3.7%
Next earnings (expected)2026-10-29
Valuation measures
Market value$33.0B
Enterprise value$53.6B
Price / sales3.3x
Price / book2.3x
EV / revenue5.3x
EV / EBITDA14.0x
Financial highlights
Revenue, last 12 months$10.1B
Net income, last 12 months$1.7B
Gross margin65.7%
Operating margin22.8%
Net margin16.7%
Return on equity12.0%
Return on invested capital6.2%
Cash$50.0M
Total debt$20.6B
Debt / equity1.42x
Interest cover2.5x
Current ratio0.53x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

WEC earnings trends

Revenue vs earnings
$0$858.5M$1.7B$2.6B$3.4BSep 2024 Revenue: $1.9BDec 2024 Revenue: $2.3BMar 2025 Revenue: $3.1BJun 2025 Revenue: $2.0BSep 2025 Revenue: $2.1BDec 2025 Revenue: $2.5BMar 2026 Revenue: $3.4BJun 2026 Revenue: $2.1BSep 2024 Net income: $238.6MDec 2024 Net income: $453.1MMar 2025 Net income: $725.5MJun 2025 Net income: $243.0MSep 2025 Net income: $270.2MDec 2025 Net income: $316.8MMar 2026 Net income: $806.1MJun 2026 Net income: $301.0MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 12.8%Net margin: 19.8%Net margin: 23.0%Net margin: 12.1%Net margin: 12.8%Net margin: 12.5%Net margin: 23.5%Net margin: 14.6%0%12%23%■ Revenue ■ Net income ━ Net margin

From the company's 10-Q and 10-K filings with the SEC.

WEC Energy financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$8.3B$9.6B$8.9B$8.6B$9.8B
Net income$1.3B$1.4B$1.3B$1.5B$1.6B
Free cash flow-$340.0M-$636.2Mn/an/an/a

WEC earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-29n/an/a+3%-3.2%
2026-05-05n/an/a+9%-4.3%
2026-02-05n/an/a+11%-2.3%
2026-02-03n/an/a+11%+4.5%
2026-01-05n/an/a+11%-1.8%
2025-10-30n/an/a+13%-1.7%

About WEC Energy

HeadquartersMilwaukee, WI
Industry (SEC code)Electric & Other Services Combined
Fiscal year endsDecember 31
Incorporated inWI
Listed onNYSE
FormerlyWISCONSIN ENERGY CORP

From the company's SEC registration record.

Companies similar to WEC

CompanyMarket valueP/ERevenue growthOperating margin12-month change
WEC WEC Energy$33.0Bn/a+9%22.8%-8%
PEG Public Service Enterprise$34.2B17.1x+13%23.1%-13%compare
EXC Exelon$41.8Bn/a+5%21.0%-7%compare
FE FirstEnergy$25.2B23.8x+11%14.7%-1%compare
PPL PPL Corp$24.8B20.1x+8%23.6%-7%
ES Eversource$24.4B16.8x+8%21.5%-7%
ETR Entergy$46.2B25.7x+11%23.1%+9%

All Utilities stock ratings

Frequently asked questions

Is WEC stock a buy?

Torvanta does not tell individuals what to buy. Its grades for WEC are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

When does WEC report earnings next?

Based on its filing history, Torvanta expects WEC Energy to report around 2026-10-29.

Does WEC pay a dividend?

Yes. Its dividend yield is about 3.7%, and it has raised its dividend 22 years in a row.

How has WEC performed against the S&P 500?

Over the past year WEC returned -7.6%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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