WEC Energy Group Inc (WEC)

Return on total capital

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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 2,555,000 2,262,500 2,346,600 2,411,600 2,263,200 2,291,100 2,235,200 2,189,000 2,247,800 2,147,000 2,101,900 2,080,700 1,972,700 1,991,700 1,970,200 1,940,700 1,908,000 1,900,100 1,835,500 1,790,300
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
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
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%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $2,555,000K ÷ ($—K + $37,227,900K)
= 6.86%

WEC Energy Group Inc's return on total capital has shown a positive trend over the analyzed period from March 31, 2020, to December 31, 2024, experiencing fluctuations along the way. The return on total capital increased gradually from 17.26% in March 2020 to a peak of 19.86% in March 2024. However, there was a notable decline in the return on total capital in December 2024, dropping to 6.86%.

Overall, the return on total capital for WEC Energy Group Inc indicates the company's efficiency in generating profits from the total capital employed in its operations. The trend of increasing returns up to March 2024 demonstrates the company's ability to effectively utilize its capital to generate higher returns for its stakeholders. The significant drop in December 2024 warrants further investigation to understand the factors contributing to this decline and to assess any potential implications for the company's financial performance and future strategies.