WEC Energy Group Inc (WEC)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 37.06% | 38.81% | 39.29% | 42.95% | 43.08% | 37.27% | 35.90% | 34.19% | 34.39% | 34.77% | 35.41% | 36.61% | 36.07% | 37.47% | 37.39% | 37.29% | 39.91% | 39.58% | 38.78% | 38.05% |
| Operating profit margin | 26.00% | 25.38% | 26.12% | 26.32% | 23.47% | 21.09% | 20.25% | 19.44% | 20.05% | 20.24% | 20.66% | 21.29% | 20.62% | 21.85% | 21.87% | 21.84% | 23.56% | 23.41% | 22.73% | 22.27% |
| Pretax margin | 20.31% | 17.25% | 18.29% | 19.17% | 17.28% | 17.41% | 17.31% | 16.91% | 18.05% | 18.03% | 18.14% | 18.85% | 18.02% | 19.03% | 18.94% | 18.81% | 19.74% | 19.71% | 18.88% | 18.15% |
| Net profit margin | 17.77% | 15.16% | 15.87% | 16.67% | 14.99% | 14.81% | 14.58% | 14.10% | 14.67% | 14.93% | 15.22% | 15.89% | 15.64% | 16.34% | 16.25% | 16.07% | 16.57% | 16.60% | 16.25% | 16.08% |
The profitability ratios of WEC Energy Group Inc have shown fluctuations over the periods analyzed.
- Gross Profit Margin: The gross profit margin has decreased from 38.05% as of March 31, 2020, to 43.08% as of December 31, 2023. However, there was a decrease to 37.06% as of December 31, 2024.
- Operating Profit Margin: The operating profit margin has seen some variations, with an increase from 22.27% as of March 31, 2020, to 26.00% as of December 31, 2024. There was a peak at 26.32% on March 31, 2024.
- Pretax Margin: The pretax margin also experienced fluctuations, with a peak at 19.74% on December 31, 2020, and a subsequent decrease to 17.25% on September 30, 2024. However, there was a slight increase to 20.31% on December 31, 2024.
- Net Profit Margin: The net profit margin fluctuated over the periods analyzed, from 16.08% as of March 31, 2020, to 17.77% as of December 31, 2024. There were fluctuations in between, with a peak at 16.89% on March 31, 2024.
Overall, the profitability ratios of WEC Energy Group Inc indicate some variability in performance, with different margins experiencing fluctuations and peaks over the analyzed periods. This analysis suggests the company has been managing its costs and revenues to generate profits, but there may be certain challenges impacting profitability over time.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.72% | 4.79% | 5.05% | 5.20% | 4.75% | 4.48% | 4.37% | 4.35% | 4.60% | 4.59% | 4.69% | 4.66% | 4.40% | 4.58% | 4.60% | 4.54% | 4.61% | 4.80% | 4.68% | 4.64% |
| Return on assets (ROA) | 3.23% | 2.86% | 3.07% | 3.30% | 3.03% | 3.15% | 3.14% | 3.16% | 3.36% | 3.38% | 3.45% | 3.48% | 3.34% | 3.42% | 3.42% | 3.34% | 3.24% | 3.40% | 3.35% | 3.35% |
| Return on total capital | 6.86% | 18.68% | 19.37% | 19.86% | 19.25% | 19.44% | 19.09% | 18.76% | 19.70% | 18.86% | 18.57% | 18.46% | 18.03% | 18.21% | 18.14% | 17.97% | 18.17% | 18.13% | 17.63% | 17.26% |
| Return on equity (ROE) | 4.11% | 10.68% | 11.30% | 11.92% | 11.34% | 11.60% | 11.55% | 11.57% | 12.35% | 12.12% | 12.08% | 12.03% | 11.88% | 12.02% | 11.89% | 11.65% | 11.43% | 11.49% | 11.26% | 11.24% |
WEC Energy Group Inc has shown stable profitability over the past few years based on the analysis of its profitability ratios.
1. Operating Return on Assets (Operating ROA) has ranged from 4.35% to 5.20% during the period from March 31, 2020, to December 31, 2024. This ratio reflects the company's ability to generate operating profits from its total assets, with an average of around 4.70%.
2. Return on Assets (ROA) has fluctuated between 2.86% and 3.48% over the same period. ROA measures the company's overall profitability in relation to its total assets, indicating an average performance of approximately 3.20%.
3. Return on Total Capital has experienced variations from 6.86% to 19.86% during the period. This metric shows the company's ability to generate returns for both equity and debt holders, with an average return on total capital of about 18%.
4. Return on Equity (ROE) has ranged from 4.11% to 12.35% over the analyzed period. ROE reflects the company's ability to generate profits from shareholders' equity, with an average ROE of around 11%.
Overall, WEC Energy Group Inc has maintained decent profitability ratios, with consistent returns for its assets, capital, and equity holders during the period under review.