WEC Energy (WEC) Stock Analysis

November 11, 2026

This is a peer-relative look at WEC Energy (WEC): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Utilities peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for WEC Energy (WEC)
Profile Item	WEC
Name	WEC Energy Group Inc.
Country/Region	United States
GICS Sector	Utilities
GICS Industry Group	Utilities
GICS Industry	Multi-Utilities
GICS Sub-Industry	Multi-Utilities
Market Capitalization	38.12 billion USD
Currency	USD
Exchange	NYSE
Listing Date	March 17, 1980
Security Type	Common Stock

Price Performance

Cumulative Growth

WEC

GSPC

WEC Energy (WEC) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for WEC Energy (WEC) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for WEC Energy (WEC) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

WEC Energy (WEC) metric values compared with Utilities industry-group medians
Metric	Current stock: WEC	Industry group median
Total Return (1Y)	7.80%	5.85%
Total Return (3Y, Annualized)	18.04%	15.48%
Total Return (5Y, Annualized)	9.22%	8.14%

Risk Profile

Drawdown History

WEC

GSPC

WEC Energy (WEC) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for WEC Energy (WEC) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

WEC Energy (WEC) metric values compared with Utilities industry-group medians
Metric	Current stock: WEC	Industry group median
Volatility (1Y, Annualized)	17.21%	22.23%
Beta (5Y)	0.43	0.53
Max Drawdown (5Y)	-26.02%	-36.85%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. WEC is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

WEC Energy (WEC) metric values compared with Utilities industry-group medians
Metric	Current stock: WEC	Industry group median
Sharpe Ratio (1Y)	0.20	0.08
Sortino Ratio (1Y)	0.31	0.12

Profitability

ROE (TTM)

WEC Energy (WEC) posts ROE of 12.49%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

WEC

Utilities industry group

12.49%

Group distribution

Max: 17.99%
WEC: 12.49%
Q3: 12.01%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

Largest peers

CEG: 15.06%
NEE: 14.06%
WEC: 12.49%
SO: 11.90%
AEP: 10.60%
NGG: 10.31%
DUK: 10.10%

Where WEC Energy (WEC) stands on ROE within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

WEC Energy (WEC) keeps 17.53% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

WEC

Utilities industry group

17.53%

Group distribution

Max: 28.78%
WEC: 17.53%
Q3: 17.30%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

Largest peers

NEE: 40.37%
NGG: 21.15%
WEC: 17.53%
DUK: 16.16%
SO: 16.00%
AEP: 14.21%
CEG: 11.08%

Where WEC Energy (WEC) stands on net margin within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

WEC Energy (WEC) turns 25.44% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

WEC

Utilities industry group

25.44%

Group distribution

Max: 53.83%
Q3: 31.12%
WEC: 25.44%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

Largest peers

SO: 36.92%
NEE: 33.00%
DUK: 30.03%
NGG: 28.64%
AEP: 26.89%
WEC: 25.44%
CEG: 8.66%

Where WEC Energy (WEC) stands on operating margin within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

WEC Energy (WEC) metric values compared with Utilities industry-group medians
Metric	Current stock: WEC	Industry group median
ROE (TTM)	12.49%	9.44%
ROA (TTM)	3.08%	3.08%
Net Margin (TTM)	17.53%	12.73%
Operating Margin (TTM)	25.44%	23.62%
Gross Margin (TTM)	42.36%	44.03%

Growth

Revenue Growth

WEC Energy (WEC) grew revenue 13.96%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.

WEC Energy (WEC): Revenue Growth across different time periods, set against Utilities industry-group medians.

EPS Growth

WEC Energy (WEC) grew earnings per share -0.41%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

WEC Energy (WEC): EPS Growth across different time periods, set against Utilities industry-group medians.

Growth Metrics

WEC Energy (WEC) metric values compared with Utilities industry-group medians
Metric	Current stock: WEC	Industry group median
Revenue Growth (YoY)	13.96%	8.45%
Revenue Growth (3Y CAGR)	0.70%	3.87%
EPS Growth (YoY)	-0.41%	3.93%
EPS Growth (3Y CAGR)	2.63%	5.25%

Financial Strength

Current Ratio (MRQ)

WEC Energy (WEC) has current ratio of 0.53, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

WEC

Utilities industry group

0.53

Group distribution

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
WEC: 0.53
Min: 0.29

Largest peers

CEG: 1.46
SO: 0.84
DUK: 0.68
NGG: 0.62
WEC: 0.53
NEE: 0.53
AEP: 0.51

Where WEC Energy (WEC) stands on current ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

WEC Energy (WEC) has debt-to-equity ratio of 1.54, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

WEC

Utilities industry group

1.54

Group distribution

Max: 2.63
Q3: 1.77
WEC: 1.54
Median: 1.35
Q1: 0.84
Min: 0.00

Largest peers

SO: 1.68
DUK: 1.63
AEP: 1.62
WEC: 1.54
NEE: 1.53
NGG: 1.32
CEG: 0.76

Where WEC Energy (WEC) stands on debt-to-equity ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

WEC Energy (WEC) metric values compared with Utilities industry-group medians
Metric	Current stock: WEC	Industry group median
Current Ratio (MRQ)	0.53	0.88
Debt / Equity (MRQ)	1.54	1.35
Net Debt / EBITDA	5.66	5.31

Dividends

Dividend Yield (TTM)

WEC Energy (WEC) has dividend yield of 3.17%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

WEC

Utilities industry group

3.17%

Group distribution

Max: 6.66%
Q3: 3.58%
WEC: 3.17%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

Largest peers

DUK: 3.29%
SO: 3.21%
WEC: 3.17%
AEP: 3.00%
NEE: 2.76%
CEG: 0.68%
NGG: 0.57%

Where WEC Energy (WEC) stands on dividend yield within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

WEC Energy (WEC) has payout ratio of 68.18%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

WEC

Utilities industry group

68.18%

Group distribution

Max: 113.04%
Q3: 68.72%
WEC: 68.18%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

Largest peers

NGG: 71.97%
SO: 68.49%
WEC: 68.18%
DUK: 62.76%
AEP: 62.09%
NEE: 43.89%
CEG: 15.92%

Where WEC Energy (WEC) stands on payout ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

WEC Energy (WEC) metric values compared with Utilities industry-group medians
Metric	Current stock: WEC	Industry group median
Dividend Yield (TTM)	3.17%	2.85%
Dividend Payout Ratio (TTM)	68.18%	56.38%

Valuation

P/E Ratio (TTM)

WEC Energy (WEC) trades at P/E ratio of 21.07, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

WEC

Utilities industry group

21.07

Group distribution

Max: 31.22
Q3: 23.30
WEC: 21.07
Median: 19.64
Q1: 15.17
Min: 3.34

Largest peers

CEG: 24.43
SO: 21.08
WEC: 21.07
AEP: 20.67
DUK: 18.74
NEE: 15.67
NGG: 15.54

Where WEC Energy (WEC) stands on P/E ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

WEC Energy (WEC) trades at 3.69 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

WEC

Utilities industry group

3.69

Group distribution

Max: 6.35
WEC: 3.69
Q3: 3.63
Median: 2.63
Q1: 1.52
Min: 0.00

Largest peers

NEE: 6.33
NGG: 4.46
WEC: 3.69
SO: 3.45
DUK: 2.99
AEP: 2.92
CEG: 2.83

Where WEC Energy (WEC) stands on P/S ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

WEC Energy (WEC) trades at 2.62 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

WEC

Utilities industry group

2.62

Group distribution

Max: 3.12
WEC: 2.62
Q3: 2.21
Median: 1.83
Q1: 1.46
Min: 0.34

Largest peers

NGG: 9.36
NEE: 2.97
CEG: 2.78
WEC: 2.62
SO: 2.56
AEP: 2.10
DUK: 1.83

Where WEC Energy (WEC) stands on P/B ratio within its Utilities peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

WEC Energy (WEC) metric values compared with Utilities industry-group medians
Metric	Current stock: WEC	Industry group median
P/E Ratio (TTM)	21.07	19.64
P/S Ratio (TTM)	3.69	2.63
P/B Ratio (MRQ)	2.62	1.83
Free Cash Flow Yield (TTM)	-5.16%	-7.11%