WEC ENERGY GROUP, INC. WEC ENERGY GROUP, INC. [WEC] has reported $238.6 million quarterly profit, an increase of $28.6 million from the previous quarter, the company said in a filing to the SEC for the Q3 ended Sep 30, 2024.
WEC ENERGY GROUP, INC. reported the quarterly diluted earnings per share (EPS) rose by 13.43 percent to $0.8 from $0.7 in the previous quarter.
Dollars in millions | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|
Income Statement |
| Revenue | $1,863.5 | $1,772.0 | $2,680.2 | $8,893.0 |
| Operating Profit | $383.7 | $364.8 | $813.4 | $1,908.0 |
| Net Income | $238.6 | $210.0 | $622.6 | $1,331.7 |
| Net Cash | $195.8 | $137.7 | -$49.1 | -$17.0 |
| Gross Margin | $1,342.7 | $1,302.3 | $1,753.1 | $5,701.8 |
| Operating Margin | $0.0 | $0.0 | $0.0 | $0.0 |
| Profit as % of Revenues | 562.74 | 620.14 | 281.58 | 64.12 |
| Profit as % of Assets | 1.01 | 0.91 | 2.67 | 3.10 |
| Profit as % of Stockholder Equity | 1.93 | 1.69 | 5.01 | 11.03 |
| Return on Equity | 1.93 | 1.69 | 5.01 | 11.03 |
| Return on Assets | 0.53 | 0.47 | 1.42 | 3.03 |
| Turnover Ratio | 7.92 | 7.65 | 11.50 | 0.21 |
| EBITA | $724.2 | $701.4 | $1,146.8 | $0.0 |
Balance Sheet |
| Total Assets | $45,196.5 | $44,582.2 | $43,927.2 | $43,939.7 |
| Total Liabilities | $32,805.3 | $32,187.8 | $31,501.1 | $31,868.2 |
Cash Flow Statement |
| Operating Cash Flow | $2,630.0 | $1,901.0 | $863.6 | $3,018.4 |
| Investing Cash Flow | -$2,053.2 | -$1,250.8 | -$436.2 | -$3,558.2 |
| Financing Cash Flow | -$381.0 | -$512.5 | -$476.5 | $522.8 |
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