WEC Energy (WEC) revenue breakdown

Utilities · Utilities - Regulated Electric · Market cap $33.9B

By segment, Wisconsin is the largest at 71% of fiscal 2025 revenue; Non-Utility Energy Infrastructure grew fastest, 7% a year over 7 years.

Revenue by segment

Fiscal years, as WEC Energy reports them in its 10-K filings; fiscal 2025 total $10.3B.

Segments20182019202020212022202320242025Share
Wisconsin$5.8B$5.6B$5.5B$6.0B$7.0B$6.6B$6.3B$7.3B 71%
Illinois$1.4B$1.4B$1.3B$1.7B$1.9B$1.6B$1.6B$1.7B 16%
Non-Utility Energy Infrastructure$468M$496M$508M$540M$590M$666M$691M$770M 7%
Other States$438M$426M$384M$519M$618M$519M$450M$528M 5%
Corporate and Other—————$100,000—— —
Corporate and Other$9M$4M$2M$500,000$500,000——— —
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Questions

Where does WEC Energy make its money?

In fiscal 2025, by segment: Wisconsin $7.3B, Illinois $1.7B, Non-Utility Energy Infrastructure $770M, Other States $528M.

From WEC Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.