Wec Energy (WEC) Gross Margin (2014 - 2026)
Wec Energy (WEC) posted Gross Margin of 59.5% for Q1 2026, up 141.2% on a QoQ basis from 24.67% in Q4 2025, and down 349.0% year-over-year from 23.89% in Q1 2025.
Wec Energy (WEC) Gross Margin (2014 - 2026) Analysis & Trends
Wec Energy's Gross Margin history runs 13 years deep, the most recent figure standing at 59.5% for 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 was 59.5% for Q1 2026 at Wec Energy, up from 24.67% in the prior quarter.
- Across five years, Gross Margin topped out at 146.34% in Q4 2022 and bottomed at 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 plunged 436379 bps — and 2025, when it jumped 436504 bps.
- Wec Energy's Gross Margin stood at 146.34% in 2022, then sank by 49 bps to 75.02% in 2023, then retreated by 10 bps to 67.67% in 2024, then plunged by 64 bps to 24.67% in 2025, then surged by 141 bps to 59.5% in 2026.
- Business Quant data shows WEC's Gross Margin at 59.5% in Q1 2026, 24.67% in Q4 2025, and 71.24% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 68.53% |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | - |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 99.93% |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 59.50% |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | - |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | - |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 65.25% |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 83.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 72.33% |