Company Information

  

Address: 231 W MICHIGAN ST
P O BOX 1331 
City: MILWAUKEE 
State: WI 
Zip Code: 53201 
Telephone: 414-221-2345 

Description of Business

Primary SIC Code: 4931
(As filed with the SEC)  

In this report, when we refer to "us," "we," "our," or "ours," we are referring to WEC Energy Group, Inc. The term "utility" refers to the regulated activities of the electric and natural gas utility companies, while the term "non-utility" refers to the activities of the electric and natural gas companies that are not regulated, as well as We Power and Bluewater. The term "nonregulated" refers to activities at WEC Energy Group holding company, the Integrys holding company, the PELLC holding company, Wispark, Bostco, Wisvest, WECC, WBS, PDL, and ITF. In the first quarter of 2017, we sold substantially all of the remaining assets of Bostco and in the second quarter of 2016, we sold certain assets of Wisvest. The sale of ITF was completed in the first quarter of 2016. References to "Notes" are to the Notes to the Consolidated Financial Statements included in this Annual Report on Form 10-K.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20183.900.55216.08
12/20173.790.55217.53
09/20172.980.52021.07
06/20173.050.52020.12
03/20172.990.52020.28
12/20162.960.52019.81
09/20162.910.49520.58
06/20162.790.49523.40

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.28Total Liab/Total Assets0.70
Net Inc/Total Assets0.04Total Liab/Inv Cap0.87
Net Inc/Inv Cap0.05Total Liab/Comm Equity5.16
Pretax Inc/Net Sales0.21Interest Coverage Ratio4.82
Net Inc/Net Sales0.16Curr Debt/Equity0.24
Cash Flow/Net Sales0.27LTD/Equity0.92
SG&A/NetSales0.03Total Debt/Equity1.16
Asset Utilization   Liquidity  
Net Receivables Turnover5.90Quick Ratio0.43
Inventory Turnover8.65Current Ratio0.57
Inventory Day Sales0.02Net Rec/Curr Assets0.61
Net Sales/Work Cap-4.62Inv/Curr Assets0.24
Net Sales/PP&E0.36  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 2,286.50 2,055.00 1,657.50 1,631.50
Cost of Goods Sold 1,484.00 1,390.80 1,014.40 1,019.00
Selling & Admin Exps 48.80 47.00 48.30 50.00
Operating Income 545.10 412.10 393.60 364.80
Interest Exp 106.70 105.30 103.80 101.90
Pretax Income 478.70 357.60 345.40 315.20
Other Income 7.50 19.40 16.40 10.50
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 390.40 432.90 215.70 199.40

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 48.10 38.90 18.10 36.50
Receivables - Total 1,356.80 1,350.70 948.00 1,004.30
Inventories - Total 376.00 539.00 672.20 510.00
Total Current Assets 1,980.80 2,213.50 1,823.30 1,779.70
Net Property, Plant & Equipment 21,466.30 21,347.00 20,882.90 20,524.30
Total Assets 31,785.60 31,590.50 31,013.00 30,559.60
Liabilities        
Accounts Payable 700.20 1,029.00 880.70 864.10
Debt in Current Liabilities 2,158.20 2,286.70 1,702.80 1,483.20
Total Current Liabilities 3,605.90 3,869.30 3,026.10 2,787.30
Long-Term Debt 8,617.50 8,746.60 8,785.80 8,799.70
Total Liabilities 22,087.40 22,098.70 21,787.30 21,376.40
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 30.40 30.40 30.40 30.40
Common Stock 3.20 3.20 3.20 3.20
Retained Earnings 5,392.70 5,176.80 4,908.30 4,857.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity 9,698.20 9,491.80 9,225.70 9,183.20
Total Liabilities and Stockholders' Equity 31,785.60 31,590.50 31,013.00 30,559.60

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 894.00 332.90 478.70 553.40
Net Cash Provided by Investing Activities -435.80 -687.60 -528.10 -690.80
Net Cash Provided by Financing Activities -445.10 375.50 31.00 135.70

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20134,519.00578.60--
12/20144,997.10589.50--
12/20155,926.10640.302.34
12/20167,472.30940.202.96
12/20177,648.501,204.903.79
Growth Rates14.0620.13--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18848231,09173.24




Report Date : 7/17/2018

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