Financials WEC Energy Group, Inc.

Equities

WEC

US92939U1060

Electric Utilities

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
81.49 USD -1.59% Intraday chart for WEC Energy Group, Inc. -0.09% -3.18%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 29,093 29,029 30,619 29,575 26,550 25,715 - -
Enterprise Value (EV) 1 41,790 43,295 46,193 46,841 45,305 45,466 47,191 49,025
P/E ratio 25.8 x 24.3 x 23.6 x 21.1 x 19.9 x 16.7 x 15.5 x 14.6 x
Yield 2.56% 2.75% 2.79% 3.1% 3.71% 4.07% 4.32% 4.6%
Capitalization / Revenue 3.87 x 4.01 x 3.68 x 3.08 x 2.99 x 2.68 x 2.58 x 2.47 x
EV / Revenue 5.55 x 5.98 x 5.55 x 4.88 x 5.09 x 4.74 x 4.73 x 4.71 x
EV / EBITDA 17 x 16.1 x 16.6 x 15.4 x 13.5 x 12.1 x 11.8 x 11.2 x
EV / FCF 493 x -1,012 x -210 x -184 x 86.2 x -165 x - -
FCF Yield 0.2% -0.1% -0.48% -0.54% 1.16% -0.61% - -
Price to Book 2.88 x 2.77 x 2.81 x 2.6 x 2.26 x 2.06 x 1.94 x 1.82 x
Nbr of stocks (in thousands) 315,436 315,435 315,435 315,435 315,435 315,562 - -
Reference price 2 92.23 92.03 97.07 93.76 84.17 81.49 81.49 81.49
Announcement Date 1/30/20 2/4/21 2/3/22 2/2/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 7,523 7,242 8,316 9,597 8,893 9,594 9,967 10,417
EBITDA 1 2,458 2,682 2,789 3,047 3,351 3,772 4,015 4,359
EBIT 1 1,531 1,706 1,715 1,924 2,087 2,339 2,516 2,753
Operating Margin 20.36% 23.56% 20.62% 20.05% 23.47% 24.38% 25.24% 26.43%
Earnings before Tax (EBT) 1 1,260 1,429 1,499 1,733 1,536 1,857 1,976 2,163
Net income 1 1,134 1,200 1,300 1,408 1,332 1,549 1,677 1,823
Net margin 15.07% 16.57% 15.64% 14.67% 14.97% 16.15% 16.83% 17.5%
EPS 2 3.580 3.790 4.110 4.450 4.220 4.880 5.242 5.600
Free Cash Flow 1 84.7 -42.8 -220.1 -254.2 525.5 -276 - -
FCF margin 1.13% -0.59% -2.65% -2.65% 5.91% -2.88% - -
FCF Conversion (EBITDA) 3.45% - - - 15.68% - - -
FCF Conversion (Net income) 7.47% - - - 39.46% - - -
Dividend per Share 2 2.360 2.530 2.710 2.910 3.120 3.316 3.519 3.749
Announcement Date 1/30/20 2/4/21 2/3/22 2/2/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,746 2,202 2,908 2,128 2,003 2,558 2,888 1,830 1,957 2,218 2,935 1,946 2,019 2,665 -
EBITDA 1 661.6 601.9 1,010 687.8 684.5 665 974.8 739.2 792.3 844.8 1,228 849.6 910.8 965 -
EBIT 1 390 326.8 731.4 408.2 404.2 380.4 669.3 425.3 472 520.3 839.3 470.7 471.4 509.8 -
Operating Margin 22.33% 14.84% 25.15% 19.18% 20.18% 14.87% 23.17% 23.24% 24.11% 23.46% 28.59% 24.19% 23.35% 19.13% -
Earnings before Tax (EBT) 1 339.5 244.3 695.1 351.2 375.1 311.2 581.7 338.5 376 240.1 725.9 346.6 365.2 391.4 -
Net income 1 290 224.2 565.9 287.5 302 252.7 507.5 289.7 316 218.5 601.9 300.2 313.4 331.7 -
Net margin 16.6% 10.18% 19.46% 13.51% 15.08% 9.88% 17.57% 15.83% 16.14% 9.85% 20.5% 15.43% 15.52% 12.45% -
EPS 2 0.9200 0.7100 1.790 0.9100 0.9600 0.8000 1.610 0.9200 1.000 0.6900 1.904 0.9354 0.9995 1.037 2.090
Dividend per Share 2 0.6775 0.6775 0.7275 0.7275 0.7275 0.7275 0.7800 0.7800 0.7800 0.7800 0.8167 0.8167 0.8167 0.8167 0.7876
Announcement Date 11/2/21 2/3/22 5/2/22 8/2/22 11/1/22 2/2/23 5/1/23 8/1/23 10/31/23 2/1/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 12,698 14,266 15,574 17,266 18,755 19,751 21,476 23,310
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.166 x 5.319 x 5.584 x 5.667 x 5.597 x 5.236 x 5.349 x 5.347 x
Free Cash Flow 1 84.7 -42.8 -220 -254 526 -276 - -
ROE (net income / shareholders' equity) 11.4% 11.7% 12.2% 12.6% 11.5% 12.5% 12.8% 12.9%
ROA (Net income/ Total Assets) 3.31% 3.33% 3.42% 3.48% 3.1% 3.35% 3.45% 3.49%
Assets 1 34,213 35,990 38,008 40,430 42,906 46,232 48,691 52,238
Book Value Per Share 2 32.10 33.20 34.60 36.10 37.20 39.70 41.90 44.70
Cash Flow per Share 2 7.410 6.940 6.430 6.520 9.550 10.20 - -
Capex 1 2,261 2,239 2,253 2,315 2,493 3,780 4,173 4,662
Capex / Sales 30.05% 30.92% 27.09% 24.12% 28.03% 39.4% 41.87% 44.75%
Announcement Date 1/30/20 2/4/21 2/3/22 2/2/23 2/1/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
81.49 USD
Average target price
87.41 USD
Spread / Average Target
+7.26%
Consensus
  1. Stock Market
  2. Equities
  3. WEC Stock
  4. Financials WEC Energy Group, Inc.