Wec Energy (WEC) Gross Margin (2014 - 2026)
Wec Energy's (WEC) quarterly Gross Margin came in at 59.5% in Q1 2026, down 349.0% YoY from 23.89% in Q1 2025, and up 141.2% on a QoQ basis from 24.67% in Q4 2025.
Wec Energy (WEC) Gross Margin (2014 - 2026) Analysis & Trends
Wec Energy (WEC) has 13 years of Gross Margin data on file, last reported at 59.5% in Q1 2026.
- Quarterly Gross Margin fell 349.0% year-over-year to 59.5% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 65.25% (up 599.0% YoY) and the FY2025 annual result came in at 75.5%, up 639.0% from the prior year.
- Gross Margin improved to 59.5% in Q1 2026, from 24.67% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 146.34% in Q4 2022 to a low of 4293.8% in Q3 2024.
- A 5-year average of 186.65% and a median of 69.99% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin sank 436379 bps — and 2025, when it jumped 436504 bps.
- Tracing WEC's Gross Margin over 5 years: stood at 146.34% in 2022, then tumbled by 49 bps to 75.02% in 2023, then declined by 10 bps to 67.67% in 2024, then slumped by 64 bps to 24.67% in 2025, then soared by 141 bps to 59.5% in 2026.
- The last three Gross Margin figures came in at 59.5% (Q1 2026), 24.67% (Q4 2025), and 71.24% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 78.04% |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 99.94% |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 70.07% |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | - |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 75.42% |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 75.47% |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 68.33% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 80.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 70.07% |
| Mar 31, 2026 | 59.50% |
| Dec 31, 2025 | 24.67% |
| Sep 30, 2025 | 71.24% |
| Jun 30, 2025 | 70.33% |
| Mar 31, 2025 | 62.99% |
| Dec 31, 2024 | 67.67% |
| Sep 30, 2024 | -4,293.80% |
| Jun 30, 2024 | 73.49% |
| Mar 31, 2024 | 65.41% |
| Dec 31, 2023 | 75.02% |
| Sep 30, 2023 | 69.99% |
| Jun 30, 2023 | 70.87% |
| Mar 31, 2023 | 54.65% |
| Dec 31, 2022 | 146.34% |
| Sep 30, 2022 | 77.32% |
| Jun 30, 2022 | 78.90% |
| Mar 31, 2022 | 52.43% |
| Dec 31, 2021 | 14.00% |
| Sep 30, 2021 | 72.88% |