WEC Energy Group WEC · USD
Utilities · Multi-Utilities · US listing · 🇺🇸 United States
S&P 500
117.15
+1.10%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About WEC Energy Group
From its filings with the US Securities and Exchange Commission
WEC Energy Group is based in Milwaukee, Wisconsin and is incorporated in Wisconsin. Its shares trade on NYSE under the ticker WEC. It is a member of the S&P 500. The SEC classifies its business as electric & other services combined. In the fiscal year to 31 December 2025, it reported revenue of $9.80bn and net income of $1.56bn. At that date it held total assets of $51.52bn and shareholders' equity of $14.05bn.
We were incorporated in the state of Wisconsin in 1981 and became a diversified holding company in 1986. We maintain our principal executive offices in Milwaukee, Wisconsin. On June 29, 2015, we acquired 100% of the outstanding common shares of Integrys and changed our name to WEC Energy Group, Inc. Our wholly owned subsidiaries provide or invest in regulated natural gas and electricity, and renewable energy, as well as nonregulated renewable energy. We have an approximately 60% equity interest in ATC (an electric transmission company operating in Illinois, Michigan, Minnesota, and Wisconsin). At December 31, 2025, we had six reportable segments, which are discussed below. For additional information about our reportable segments, see Note 22, Segment Information.
Investors should note that WEC Energy Group announces material financial information in SEC filings, press releases, and public conference calls. In accordance with SEC guidelines, WEC Energy Group also uses the "Investors" tab on its website, www.wecenergygroup.com, to communicate with investors. It is possible that the financial and other information posted there could be deemed material information. The information on WEC Energy Group's website is not part of this document.
Quoted from its 10-K, filed 20 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Utilities
- Industry
- Multi-Utilities
- Listed since
- 21 Nov 1947
- Employees
- 7,151
- Website
- wecenergygroup.com ↗
- Head office
- 231 W MICHIGAN ST, MILWAUKEE, WI, 53201
- Incorporated in
- WI
- Classification
- Electric & Other Services Combined
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Gale KlappaNon-Executive Chairman of the Board, since 2003$10.5m
- Mr. Scott LauberPresident, Chief Executive Officer, Director, since 2016$10.9m
- Ms. Xia LiuChief Financial Officer, Executive Vice President$5.0m
- Mr. Michael HooperExecutive Vice President, Chief Operating Officer, President - Wisconsin Utilities, President of Michigan Gas Utilities Corporation and Minnesota Energy Resources Corporation$2.7m
- Ms. Margaret KelseyExecutive Vice President, General Counsel, Corporate Secretary$2.9m
- Mr. Robert GarvinExecutive Vice President - External Affairs$2.7m
- Ms. Mary StrakaSenior Vice President - Corporate Communications and Investor Relations
- Mr. William GucVice President, Controller
- Mr. Anthony ReeseVice President, Treasurer
- Mr. Joshua EricksonVice President, Deputy General Counsel, Assistant Corporate Secretary of WEC Business Services
- Mr. Daniel KruegerExecutive Vice President - Infrastructure and Generation Planning of WEC Business Services
- Mr. William MastorisVice President of WEC Business Services
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 81
- Environment
- 99
- Social
- 96
- Governance
- 50
- Direct emissions (scope 1)
- 19,443,500 t
- Energy emissions (scope 2)
- 220,000 t
- Value chain emissions (scope 3)
- 25,739,000 t
- Women in the workforce
- 25%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- WEC Energy Group Inc has a strong market presence, being one of the leading electric and natural gas service providers in the Midwest region.
- The company has a diverse portfolio of regulated energy assets, providing stability and predictable revenue streams.
- WEC Energy Group has a history of delivering consistent and reliable financial performance, which instills confidence in investors.
Weaknesses
- The company relies heavily on fossil fuel-based energy sources, which exposes it to risks related to volatile commodity prices and increasing environmental regulations.
- WEC Energy Group faces the challenge of upgrading and modernizing its infrastructure to meet evolving energy demands and ensure grid reliability.
- The company's geographical concentration in the Midwest exposes it to regional economic conditions and potential disruptions in the energy market.
Opportunities
- The transition toward cleaner and more sustainable energy sources presents an opportunity for WEC Energy Group to invest in renewable energy projects and reduce its carbon footprint.
- Growing energy demand in the Midwest region, driven by population growth and industrial expansion, creates opportunities for the company to expand its customer base and increase market share.
- Advancements in technology and digitalization offer opportunities for WEC Energy Group to enhance operational efficiency, optimize energy distribution, and improve customer experience.
Threats
- Increasing competition from alternative energy providers and decentralized energy systems poses a threat to WEC Energy Group's market position and customer retention.
- Regulatory changes and policies aimed at reducing greenhouse gas emissions may increase compliance costs and impact the profitability of fossil fuel-based energy generation.
- Extreme weather events and natural disasters can disrupt energy infrastructure and lead to substantial financial losses for WEC Energy Group.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.