Wec Energy (WEC) Divestments (2015 - 2024)
Wec Energy's (WEC) quarterly Divestments came in at $500000.0 in Q4 2024, down 79.17% on a YoY basis from $2.4 million in Q1 2024, and up 66.67% quarter-over-quarter from $300000.0 in Q3 2024.
Analysis
Wec Energy (WEC) Divestments (2015 - 2024) Analysis & Trends
Wec Energy (WEC) has reported Divestments for 10 consecutive years, with $500000.0 the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Divestments fell 79.17% year-over-year to $500000.0; the trailing twelve-month figure through Dec 2024 stood at $3.2 million (down 90.24% YoY), and the FY2024 full-year result was $1.7 million, down 94.82% from the prior year.
- Divestments grew to $500000.0 in Q4 2024 per WEC's latest filing, from $300000.0 in the prior quarter.
- Across five years, Divestments topped out at $55.3 million in Q2 2022 and bottomed at $300000.0 in Q4 2021.
- Historically, Divestments has averaged $9.0 million across 5 years, with a median of $4.3 million in 2022.
- The widest YoY moves for Divestments: up 1087.5% in 2021, down 97.14% in 2021.
- Over 5 years, Divestments stood at $10.5 million in 2020, then tumbled by 97.14% to $300000.0 in 2021, then surged by 1233.33% to $4.0 million in 2022, then tumbled by 40.0% to $2.4 million in 2023, then sank by 79.17% to $500000.0 in 2024.
- According to Business Quant data, Divestments over the past three periods registered $500000.0, $300000.0, and $2.4 million for Q4 2024, Q3 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | - |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | - |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | - |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | - |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | - |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | - |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 5.06 Mn |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | - |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | - |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 500,000.00 |
| Sep 30, 2024 | 300,000.00 |
| Dec 31, 2023 | 2.40 Mn |
| Jun 30, 2023 | 25.80 Mn |
| Mar 31, 2023 | 4.60 Mn |
| Sep 30, 2022 | 4.00 Mn |
| Jun 30, 2022 | 55.30 Mn |
| Mar 31, 2022 | 9.70 Mn |
| Dec 31, 2021 | 300,000.00 |
| Sep 30, 2021 | 800,000.00 |
| Jun 30, 2021 | 9.50 Mn |
| Mar 31, 2021 | 11.30 Mn |
| Dec 31, 2020 | 10.50 Mn |
| Sep 30, 2020 | 7.70 Mn |
| Jun 30, 2020 | 800,000.00 |
| Mar 31, 2020 | 1.30 Mn |
| Dec 31, 2019 | 5.40 Mn |
| Sep 30, 2019 | 2.20 Mn |
| Jun 30, 2019 | 19.40 Mn |
| Mar 31, 2019 | 10.60 Mn |