WEC ENERGY GROUP, INC. (WEC) closed fiscal year 2025 with a gross margin of 66.7 % and a net margin of 15.9 %.
WEC ENERGY GROUP, INC. (WEC) closed fiscal year 2025 with a gross margin of 66.7 % and a net margin of 15.9 %. The same year shows an EBITDA margin of 38.0 % and an EBIT margin of 22.9 %. The free cash flow margin was -10.4 %. Against the previous year the gross margin moved −2.4 pp and the net margin −1.9 pp. Across the period the gross margin ranges between 54.6 % in 2022 and 69.1 % in 2024. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | 54.79 % | 62.20 % | 64.57 % | 63.09 % | 62.26 % | 64.39 % | 67.97 % | 60.19 % | 54.58 % | 64.12 % | 69.12 % | 66.68 % |
| EBITDA margin (%) | — | — | — | — | 27.14 % | 32.13 % | 31.43 % | 30.09 % | 30.58 % | 32.91 % | 33.66 % | 30.13 % | 32.67 % | 37.04 % | 33.54 % | 31.75 % | 35.67 % | 40.78 % | 37.99 % |
| EBIT margin (%) | — | — | — | — | 19.78 % | 23.56 % | 23.90 % | 22.25 % | 21.10 % | 22.70 % | 23.22 % | 19.12 % | 20.36 % | 23.56 % | 20.62 % | 20.05 % | 21.46 % | 25.03 % | 22.91 % |
| Net margin (%) | — | — | — | — | 11.73 % | 12.87 % | 12.80 % | 11.80 % | 10.80 % | 12.57 % | 15.75 % | 13.81 % | 15.09 % | 16.59 % | 15.65 % | 14.68 % | 14.99 % | 17.77 % | 15.90 % |
| FCF margin (%) | — | — | — | — | 3.62 % | 11.00 % | 11.19 % | 8.74 % | 0.46 % | 9.10 % | 1.56 % | 0.37 % | -2.44 % | -9.37 % | -4.09 % | -6.63 % | 5.91 % | 5.01 % | -10.39 % |
