WEC Energy Group posts 2025 results

About this update from Wec Energy Group, Inc.

MILWAUKEE, Feb. 5, 2026 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income based on generally accepted accounting principles (GAAP) of $1.6 billion, or $4.81 per share, for 2025. This compares to earnings of $1.5 billion, or $4.83 per share, for 2024. Full-year 2025 earnings include a charge of 46 cents per share, reflecting an agreement on the terms of a proposed settlement the company reached with the Illinois Attorney General that would resolve all open proceedings in Illinois related to the Qualifying Infrastructure Plant (QIP) rider and the Uncollectible Expense Adjustment (UEA) rider. Full-year 2024 earnings included a charge of 6 cents per share related to certain capital expenditures under the QIP rider that were disallowed by the Illinois Commerce Commission (ICC). Excluding these charges, WEC Energy Group's adjusted earnings for 2025 rose to $5.27 per share — an increase of 8.0 percent over 2024 adjusted earnings of $4.88 per share. For the fourth quarter of 2025, WEC Energy Group recorded net income based on GAAP of $316.6 million, or 97 cents per share. This compares to earnings of $453.5 million, or $1.43 per share, for the fourth quarter of 2024. Excluding the 2025 charge, WEC Energy Group's adjusted earnings for the fourth quarter of 2025 totaled $1.42 per share. Consolidated revenues for the full year were $9.8 billion, up $1.2 billion from revenues in 2024. "We delivered another year of solid results — from operational efficiency to customer care to financial performance," said Scott Lauber, president and CEO. "We continue to see significant growth opportunities ahead. And we remain focused on enhancing value for our customers and stockholders." For the full year, retail deliveries of electricity — excluding the iron ore mine in Michigan's Upper Peninsula — increased by 2.2 percent. Electricity consumption by small commercial and industrial customers was 1.6 percent higher during 2025. Electricity use by large commercial and industrial customers — excluding the iron ore mine — increased by 1.6 percent. Residential electricity use increased 3.5 percent. On a weather-normal basis, retail deliveries of electricity during 2025 — excluding the iron ore mine — increased by 1.1 percent. Natural gas deliveries in Wisconsin, excluding natural gas used for power generation, were 11.5 percent highe...

View stock analysis, news, and events for Wec Energy Group, Inc.