WEC Energy Group Inc (WEC)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	1,528,400	1,293,400	1,369,300	1,447,700	1,332,900	1,367,100	1,352,800	1,350,300	1,408,400	1,379,600	1,367,600	1,356,100	1,300,300	1,315,100	1,291,900	1,257,500	1,199,900	1,204,800	1,172,300	1,166,400
Total stockholders’ equity	US$ in thousands	37,227,900	12,112,400	12,113,300	12,143,100	11,754,600	11,783,400	11,711,800	11,667,000	11,407,300	11,385,900	11,321,000	11,273,600	10,943,600	10,938,900	10,861,300	10,797,500	10,500,100	10,481,100	10,414,100	10,374,500
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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,528,400K ÷ $37,227,900K
= 4.11%

The Return on Equity (ROE) of WEC Energy Group Inc has shown fluctuating trends over the past few years. From March 31, 2020, to December 31, 2022, the ROE gradually increased from 11.24% to 12.35%, indicating an improvement in the company's ability to generate profit from shareholder equity.

However, there was a slight decline in ROE to 11.57% by March 31, 2023, followed by further fluctuations between 11.30% and 12.08% up to June 30, 2024. The ROE then experienced a significant drop to 4.11% by December 31, 2024, signaling a sharp decline in the company's profitability relative to its shareholders' equity.

Overall, these fluctuations in ROE suggest potential changes in the company's profitability and efficiency in utilizing shareholder funds. Further analysis of the company's financial performance and strategies may be necessary to understand the reasons behind the drastic decrease in ROE at the end of 2024.