WEC Energy Group, Inc. (WEC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 51.73B | 51.52B | 49.81B | 48.52B | 48.23B | 47.36B | 45.2B | 44.58B | 43.93B | 43.94B | 43.44B | 43.02B | 42.8B | 41.87B | 40.76B | 39.61B | 38.97B | 38.99B | 38.4B | 37.79B |
| Asset Growth % | 7.26% | 8.77% | 10.21% | 8.84% | 9.8% | 7.79% | 4.04% | 3.63% | 2.64% | 4.94% | 6.58% | 8.62% | 9.8% | 7.4% | 6.15% | 4.79% | 3.65% | 5.29% | 8.41% | 7.86% |
| PP&E (Net) | 38.71B | 38.28B | 37.35B | 36.06B | 35.45B | 34.65B | 32.85B | 32.26B | 31.73B | 31.58B | 31.47B | 31.01B | 30.38B | 29.11B | 28.58B | 27.63B | 27.11B | 26.98B | 26.62B | 26.27B |
| PP&E / Total Assets % | 74.82% | 74.3% | 75% | 74.31% | 73.49% | 73.15% | 72.69% | 72.37% | 72.23% | 71.87% | 72.44% | 72.08% | 70.99% | 69.53% | 70.1% | 69.75% | 69.56% | 69.21% | 69.33% | 69.5% |
| Total Current Assets | 2.98B | 2.89B | 2.16B | 2.6B | 2.94B | 2.91B | 2.62B | 2.58B | 2.6B | 2.8B | 2.44B | 2.46B | 2.84B | 3.19B | 2.77B | 2.64B | 2.56B | 2.66B | 2.41B | 2.28B |
| Cash & Equivalents | 45.6M | 27.6M | 51.1M | 23M | 82.2M | 9.8M | 322.5M | 224M | 38.9M | 42.9M | 45.9M | 54.7M | 35.7M | 28.9M | 28.5M | 30.3M | 33.8M | 16.3M | 26M | 35M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 612.3M | 803.4M | 842.8M | 703M | 576M | 813.2M | 789.9M | 695.8M | 608.6M | 775.2M | 749.9M | 603.7M | 523.5M | 807.1M | 924.6M | 572.2M | 368.8M | 635.8M | 645.7M | 452.7M |
| Other Current Assets | 203M | 0 | 0 | 116.3M | 224.9M | 121.9M | 156.1M | 186.4M | 186.2M | 223.7M | 206.2M | 226.2M | 280.8M | 261.7M | 339.6M | 231.6M | 351.4M | 253.4M | 298.3M | 110.4M |
| Long-Term Investments | 2.37B | 2.28B | 2.27B | 2.2B | 2.15B | 2.11B | 2.08B | 2.06B | 2.03B | 2.01B | 1.98B | 1.96B | 1.92B | 1.91B | 1.88B | 1.84B | 1.82B | 1.79B | 1.79B | 1.78B |
| Goodwill | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B | 3.05B |
| Intangible Assets | 0 | 580.3M | 595M | 0 | 34.5M | 34.5M | 0 | 29.3M | 34.5M | 34.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 4.62B | -2.28B | -2.27B | 4.61B | 4.6B | 4.61B | 4.59B | 4.6B | 4.48B | 4.47B | 4.49B | 4.54B | 4.6B | 4.61B | 4.49B | 4.45B | 4.43B | 4.51B | 4.53B | 4.42B |
| Total Liabilities | 37.16B | 37.47B | 35.8B | 34.85B | 34.81B | 34.56B | 32.81B | 32.19B | 31.5B | 31.87B | 31.34B | 30.99B | 30.81B | 30.26B | 29.16B | 28.12B | 27.53B | 27.88B | 27.29B | 26.76B |
| Total Debt | 22.32B | 22.31B | 21.19B | 20.53B | 20.51B | 20.33B | 19.31B | 18.83B | 18.59B | 18.8B | 18.22B | 18.08B | 17.9B | 17.37B | 16.34B | 15.33B | 15.13B | 15.59B | 14.68B | 14.61B |
| Net Debt | 22.27B | 22.29B | 21.14B | 20.51B | 20.43B | 20.32B | 18.99B | 18.6B | 18.55B | 18.75B | 18.17B | 18.02B | 17.86B | 17.34B | 16.31B | 15.3B | 15.09B | 15.57B | 14.66B | 14.58B |
| Long-Term Debt | 19.38B | 18.5B | 17.66B | 17.11B | 16.16B | 17.18B | 16.89B | 16.91B | 15.38B | 15.37B | 15.96B | 15.61B | 15.83B | 14.58B | 14.91B | 13.52B | 13.51B | 13.47B | 12.68B | 12.7B |
| Short-Term Borrowings | 2.57B | 3.44B | 3.16B | 3.06B | 4.06B | 2.85B | 2.42B | 1.92B | 3.21B | 3.29B | 2.26B | 2.47B | 2.07B | 2.53B | 1.43B | 1.8B | 1.61B | 1.99B | 2.01B | 1.92B |
| Capital Lease Obligations | 370.4M | 372M | 364.2M | 361.8M | 293.9M | 303.3M | 0 | 0 | 0 | 145.9M | 0 | 0 | 0 | 255.9M | 0 | 0 | 0 | 129.7M | 0 | 0 |
| Total Current Liabilities | 4.39B | 6.17B | 5.05B | 4.7B | 5.86B | 4.84B | 4.01B | 3.49B | 4.71B | 5.11B | 4.07B | 4.1B | 3.77B | 4.61B | 3.37B | 3.82B | 3.26B | 3.75B | 3.69B | 3.37B |
| Accounts Payable | 830.8M | 1.14B | 917M | 816.5M | 791.5M | 1.14B | 740.7M | 799.9M | 640.9M | 896.6M | 867.7M | 748.5M | 680M | 1.2B | 1.16B | 1.08B | 693.7M | 1.01B | 872.8M | 744.6M |
| Accrued Expenses | 264.1M | 0 | 0 | 0 | 0 | 0 | 202.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 309.6M | 314.2M | 318.3M | 323.9M | 329.3M | 334.6M | 339.9M | 345.5M | 351.1M | 356.4M | 360.4M | 363.5M | 367M | 370.7M | 374.2M | 378.7M | 383.8M | 389.2M | 394.9M | 400.7M |
| Other Current Liabilities | 728.9M | 1.59B | 971.3M | 820.4M | 1.01B | 859.2M | 645.6M | 773M | 854.1M | 933.1M | 943.8M | 880.6M | 1.02B | 811.9M | 614.1M | 936.1M | 957.3M | 680.9M | 814.2M | 711.2M |
| Deferred Taxes | 5.97B | 5.89B | 5.81B | 5.74B | 5.58B | 5.51B | 5.32B | 5.27B | 5.12B | 4.92B | 4.83B | 4.77B | 4.7B | 4.63B | 4.52B | 4.49B | 4.43B | 4.31B | 4.3B | 4.27B |
| Other Liabilities | 6.75B | 6.22B | 6.59B | 6.62B | 6.58B | 6.39B | 6.24B | 6.18B | 5.94B | 5.97B | 6.12B | 6.15B | 6.14B | 5.88B | 5.99B | 5.9B | 5.94B | 5.9B | 6.23B | 6.02B |
| Total Equity | 14.57B | 14.05B | 14.01B | 13.67B | 13.43B | 12.8B | 12.39B | 12.39B | 12.43B | 12.07B | 12.1B | 12.03B | 11.99B | 11.62B | 11.6B | 11.49B | 11.44B | 11.11B | 11.11B | 11.03B |
| Equity Growth % | 8.51% | 9.77% | 13.07% | 10.29% | 8.05% | 6.05% | 2.4% | 3.02% | 3.66% | 3.92% | 4.35% | 4.71% | 4.75% | 4.53% | 4.41% | 4.17% | 4.35% | 4.23% | 5.19% | 5.12% |
| Shareholders Equity | 14.16B | 13.64B | 13.6B | 13.25B | 13.01B | 12.43B | 12.11B | 12.11B | 12.14B | 11.75B | 11.78B | 11.71B | 11.67B | 11.41B | 11.39B | 11.32B | 11.27B | 10.94B | 10.94B | 10.86B |
| Minority Interest | 407.9M | 408.8M | 412M | 416.6M | 420.8M | 376.5M | 278.8M | 281.1M | 283M | 316.9M | 316.9M | 319.6M | 320.7M | 209.3M | 210.2M | 169.6M | 170.9M | 169.7M | 167.7M | 169.1M |
| Common Stock | 3.3M | 3.3M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M | 3.2M |
| Additional Paid-in Capital | 5.15B | 5.12B | 5.11B | 4.74B | 4.46B | 4.32B | 4.19B | 4.17B | 4.15B | 4.12B | 4.12B | 4.11B | 4.11B | 4.12B | 4.11B | 4.12B | 4.13B | 4.14B | 4.14B | 4.14B |
| Retained Earnings | 8.99B | 8.49B | 8.47B | 8.48B | 8.52B | 8.08B | 7.9B | 7.92B | 7.97B | 7.61B | 7.64B | 7.57B | 7.53B | 7.27B | 7.24B | 7.17B | 7.11B | 6.78B | 6.76B | 6.69B |
| Accumulated OCI | -7.5M | -7.6M | -7.9M | -7.9M | -7.9M | -7.8M | -7.9M | -7.8M | -7.8M | -7.7M | -7M | -6.9M | -6.9M | -6.8M | -3.2M | -3.2M | -3.2M | -3.2M | -3.6M | -4.6M |
| Return on Assets (ROA) | 1.56% | 0.63% | 0.55% | 0.51% | 1.52% | 0.98% | 0.54% | 0.48% | 1.42% | 0.5% | 0.73% | 0.68% | 1.2% | 0.61% | 0.75% | 0.73% | 1.45% | 0.58% | 0.76% | 0.73% |
| Return on Equity (ROE) | 5.62% | 2.26% | 1.96% | 1.81% | 5.52% | 3.6% | 1.94% | 1.7% | 5.08% | 1.81% | 2.62% | 2.41% | 4.3% | 2.18% | 2.62% | 2.51% | 5.02% | 2.02% | 2.62% | 2.51% |
| Debt / Equity | 1.53x | 1.59x | 1.51x | 1.50x | 1.53x | 1.59x | 1.56x | 1.52x | 1.50x | 1.56x | 1.51x | 1.50x | 1.49x | 1.50x | 1.41x | 1.33x | 1.32x | 1.40x | 1.32x | 1.32x |
| Debt / Assets | 43.14% | 43.31% | 42.54% | 42.31% | 42.53% | 42.92% | 42.72% | 42.23% | 42.32% | 42.78% | 41.94% | 42.02% | 41.82% | 41.48% | 40.08% | 38.7% | 38.81% | 39.99% | 38.24% | 38.67% |
| Net Debt / EBITDA | 16.38x | 23.23x | 25.68x | 26.51x | 15.75x | 21.73x | 26.22x | 26.52x | 16.18x | 28.16x | 22.94x | 24.38x | 18.32x | 26.07x | 23.83x | 22.24x | 14.95x | 25.87x | 22.15x | 22.96x |
| Book Value per Share | 44.38 | 42.86 | 43.03 | 42.63 | 42.05 | 40.32 | 39.15 | 39.2 | 39.34 | 38.23 | 38.32 | 38.09 | 37.95 | 36.77 | 36.67 | 36.34 | 36.19 | 35.15 | 35.11 | 34.87 |