WEC ENERGY GROUP, INC.(WEC)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #487 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
WEC Stock Analysis & AI Quality Score
AI stock analysis and institutional research for WEC ENERGY GROUP, INC. (WEC), a Utilities sector company. 13F Pro's AI-powered ranking engine scores WEC at 67.0/100 on a 32-signal composite quality model, placing it at rank #487 of 2,879 stocks — the top 25% of the AI-ranked universe. WEC scores in the top quartile across revenue scale (87.0), profitability (84.8). Based on the latest XBRL financial filings (Q1 2026), WEC ENERGY GROUP, INC. reports quarterly revenue of $3.4B, net income of $806.1M, an operating margin of 28.5%. Top institutional holders of WEC by reported 13-F value include BlackRock,, STATE STREET, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. WEC trades on the NYSE exchange and files with the SEC under CIK 783325. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate WEC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for WEC ENERGY GROUP, INC. directly from SEC EDGAR. WEC ENERGY GROUP, INC.'s 13F Pro composite quality score has ranged between 8 and 67 since 2021, currently 67.0 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving WEC's Business? Latest 10-Q Breakdown
AI-extracted from WEC ENERGY GROUP, INC.'s 10-Q filed 2026-05-07 — Q1 2026 (three months ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q1 2026 net income rose 11.1% YoY to $804.4M on higher utility margins from Wisconsin rate orders effective January 2026.
Biggest Revenue Drivers
Total revenue: $3,434.2M+9.0% YoY
Higher natural gas rates and recovery mechanisms across all segments, partially offset by warmer weather and lower volumes.
Wisconsin rate orders effective January 1, 2026 and higher retail customer sales volumes, partially offset by lower resale revenue.
Higher renewable generation revenues and full quarter of Hardin III solar facility operations; contributions from We Power lease amortizations.
Largest Expense Items
Continued capital investments in generation, transmission, and distribution assets being placed into service.
Higher transmission expense and regulatory amortizations offset by reduced distribution costs and lower environmental remediation spending.
Long-term debt issuances in 2025 and 2026, partially offset by AFUDC-Debt capitalization on construction projects.
Margins: Utility margin (non-GAAP) increased across all three utility segments due to Wisconsin rate orders and cost recovery mechanisms. Gross margin benefited from higher regulatory recovery; however, operating margins compressed slightly due to higher depreciation, transmission costs, and property taxes reflecting the capital-intensive nature of the business.
Watch Items from the Filing
- PGL regulatory settlement risk: $255M total charge ($205M in Q4 2025, $50M prior years) for UEA and QIP rider disallowances; ICC approval pending; if rejected, material adverse impacts.
- Tariff impacts on solar projects: DOC/USITC duties on solar panels from SE Asia, India, Indonesia, Laos; preliminary rates in Feb 2026, final rates fall 2026; capital costs for 2026–2030 already adjusted but further increases possible.
- Data center demand growth: Microsoft $20B investment in Wisconsin data centers expected to drive up to 2.6 GW load growth through 2030; large-scale customer tariffs (VLC/Bespoke Resources) verbally approved April 24, 2026.
- PGL aging infrastructure replacement: ICC directed retirement of all cast/ductile iron pipe <36 inches by Jan 1, 2035; annual spend expected to ramp to ~$500M by 2028; costs recoverable in future rates but subject to prudency review.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$3.4B
Net Income
Q1 2026
$806.1M
Free Cash Flow
Q1 2026
$400.5M
Operating Margin
Q1 2026
28.5%
ROIC
Q1 2026
2.9%
D/E Ratio
Q1 2026
1.51
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+14.0% YoYOperating Income
+4.3% YoYEPS (Diluted)
-0.4% YoYTotal Assets
+8.8% YoYTotal Debt
+6.4% YoYOp. Cash Flow
+5.2% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $9.80B +14.0% | $8.60B -3.3% | $8.89B +6.9% | $8.32B +14.8% | $7.24B -3.7% | $7.52B |
| Operating Income | $2.24B +4.3% | $2.15B +12.8% | $1.91B +11.3% | $1.71B +0.5% | $1.71B +11.4% | $1.53B |
| EPS (Diluted) | $4.81 -0.4% | $4.83 +14.5% | $4.22 +2.7% | $4.11 +8.4% | $3.79 +5.9% | $3.58 |
| Total Assets | $51.52B +8.8% | $47.36B +7.8% | $43.94B +12.7% | $38.99B +5.3% | $37.03B +5.9% | $34.95B |
| Total Debt | $24.98B +6.4% | $23.48B +10.9% | $21.18B +34.7% | $15.72B -0.4% | $15.79B +12.2% | $14.07B |
| Operating Cash Flow | $3.38B +5.2% | $3.21B +6.4% | $3.02B +48.5% | $2.03B -7.4% | $2.20B -6.4% | $2.35B |
AI Insight: WEC Financial Trends
WEC Energy's Q1 2026 revenue hit $3,434M and operating income reached $980M, both the highest in the visible eight-quarter dataset.
• Revenue grew year-over-year from $3,150M in Q1 2025 to $3,434M in Q1 2026, a 9% increase in the seasonally strongest quarter.
• Operating income rose from $938M in Q1 2025 to $980M in Q1 2026, extending the Q1 peak and implying modest margin expansion on higher revenue.
• Operating cash flow improved year-over-year in Q1 2026 to $1,218M versus $1,163M in Q1 2025, continuing strong seasonal cash generation.
• Total debt surged to $23,482M in Q4 2024 and again to $24,981M in Q4 2025, reflecting heavy capital investment cycles typical of regulated utilities.
⚠ Q4 2025 operating cash flow dropped sharply to $425M versus $582M in Q4 2024 — a year-over-year deterioration in the seasonally weakest quarter.
⚠ Total debt climbed to $24,981M in Q4 2025, up ~$1.5B year-over-year; sustained leverage growth without equity data limits balance-sheet visibility.
⚠ Net income is absent across all periods; without it, earnings quality and interest coverage trends cannot be confirmed from available data.
AI Insight: WEC Ratio Trends
WEC's Q1 2026 operating margin of 28.5% and ROIC of 17.9% confirm strong seasonal peaks, but Q4 2025 troughed at 17.8% OpMargin and 7.2% ROIC — the weakest quarter in the dataset.
• Operating margin shows a clear seasonal pattern: Q1 peaks (29.8% in Q1 2025, 28.5% in Q1 2026) versus mid-year troughs around 20–21%.
• ROIC in Q1 2026 came in at 17.9%, slightly below Q1 2025's 18.6%, suggesting modest year-over-year deterioration at the seasonal peak.
• TTM ROIC of 10.4% reflects the averaging effect of seasonal troughs, masking the wide intra-year swing from 7.2% to 17.9%.
⚠ Q4 2025 OpMargin dropped to 17.8% and ROIC to 7.2% — the lowest readings across all reported quarters — worth monitoring for structural cost pressure.
⚠ NPM, ROE, ROA, and D/E are entirely absent; leverage and net profitability trends cannot be assessed with available data.
Get alerted when WEC's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for WEC ENERGY GROUP, INC. including:
Top Institutional Holders of WEC
BlackRock, Inc.
$3.8B33,049,938 shSTATE STREET CORP
$2.5B21,242,819 shVANGUARD CAPITAL MANAGEMENT LLC
$2.4B21,147,206 shVANGUARD PORTFOLIO MANAGEMENT LLC
$1.9B16,771,608 shGEODE CAPITAL MANAGEMENT, LLC
$1.1B9,106,652 shWELLS FARGO & COMPANY/MN
$991.0M8,560,214 shBANK OF AMERICA CORP /DE/
$922.7M7,970,050 shDEUTSCHE BANK AG\
$686.7M5,931,540 shAMERIPRISE FINANCIAL INC
$656.5M5,667,783 shCHARLES SCHWAB INVESTMENT MANAGEMENT INC
$629.9M5,441,582 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $3.8B | 33,049,938 |
| STATE STREET CORP | $2.5B | 21,242,819 |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.4B | 21,147,206 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.9B | 16,771,608 |
| GEODE CAPITAL MANAGEMENT, LLC | $1.1B | 9,106,652 |
| WELLS FARGO & COMPANY/MN | $991.0M | 8,560,214 |
| BANK OF AMERICA CORP /DE/ | $922.7M | 7,970,050 |
| DEUTSCHE BANK AG\ | $686.7M | 5,931,540 |
| AMERIPRISE FINANCIAL INC | $656.5M | 5,667,783 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $629.9M | 5,441,582 |
More Utilities Companies
View all Utilities →Put WEC on your watchlist
Track score changes the day WEC ENERGY GROUP, INC. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is WEC a good stock to buy?
13F Pro's AI-powered analysis of WEC ENERGY GROUP, INC. (WEC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Utilities sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for WEC are available on the WEC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own WEC?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling WEC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of WEC ENERGY GROUP, INC.'s investment landscape.