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WEC Energy Group, Inc.(WEC)

F

Financial data as of Dec 31, 2025Declining · Utilities

FCF Margin-10.4%Free Cash Flow / Revenue
Cash Conversion216.8%Operating CF / Net Income
Free Cash Flow-$1.0B
Revenue$9.8B
Net Cash-$22.3BNet debt position
Debt / FCFN/AElevated debt burden
Current Ratio0.59Tight short-term liquidity
YoY FCF Growth-13.2%3 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseF
→
-1Current ratio below 1.0 (0.59)
→
-0.5FCF trend declining (-13.2% YoY)
→
-0.5Highly volatile FCF (consistency: 4.37)
→
FinalF

Analysis Summary

Strengths

  • Excellent cash conversion (217%)

Concerns

  • Negative FCF margin (-10.4%)
  • Net debt position ($22.3B)
  • Current ratio below 1.0 — tight short-term liquidity
  • Only 3 positive FCF quarters recently
  • Highly volatile quarterly FCF
Heavy CapEx — Operating cash flow is strong (34% margin) but most is reinvested

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin-10.4%
Net Margin15.9%
Operating CF Margin34.5%
CapEx Ratio44.9%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$22.3BNet debt position
Debt / FCFN/AElevated debt burden
Current Ratio0.59Tight liquidity
Debt / Equity1.64Moderate leverage

Quarterly FCF Trend

-13.2% YoYDeclining (-13.2%)

Free cash flow per quarter

Sector Comparison — Utilities

FCF Margin ranked against sector peers

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Detailed Metrics

Company NameWEC Energy Group, Inc.
SectorUtilities
Free Cash Flow-$1.0B
Revenue$9.8B
Net Income$1.6B
Operating Cash Flow$3.4B
Capital Expenditure$4.4B
FCF Margin-10.4%
Cash Conversion Rate216.8%
Net Margin15.9%
Total Debt$22.3B
Total Cash$27.6M
Net Cash-$22.3B
Current Ratio0.59
Debt / Equity1.64
Debt / FCFN/A
YoY FCF Growth-13.2%
Positive Quarters3 of 5
Trend DirectionDeclining
Report DateDec 31, 2025
GradeF
Data SourceYahoo Finance

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