Wec Energy (WEC) Gross Margin (2014 - 2026)
Wec Energy (WEC) recorded Gross Margin of 73.06% in Q2 2026, up 1.45 percentage points from 71.61% a year earlier and up 13.56 percentage points from the prior quarter.
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Analysis
Wec Energy (WEC) Gross Margin (2014 - 2026) Analysis & Trends
On a TTM basis, Wec Energy's Gross Margin came in at 65.71% as of Jun 30, 2026, down 2.11 percentage points year-over-year; for FY2025, it came in at 66.68%, down 2.44 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -1.29 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 69.12% in FY2024 (+5.00 pp), 64.12% in FY2023 (+9.53 pp), 54.58% in FY2022 (-5.60 pp) and 60.19% in FY2021 (-7.79 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q2 2024.
- On a year-over-year basis, Gross Margin rose in three of the last eight quarters, with an average year-over-year change of -0.91 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 14.81 percentage points in Q2 2023, against a drop of 12.57 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 59.50% (Q1 2026), 63.68% (Q4 2025) and 71.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 39.24% |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - | - |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | - |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | 73.06% |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | - |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | 75.47% |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | 99.07% |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | - |
| 10 | Dte Energy | 25.46 Bn | 24.94 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.06% |
| Mar 31, 2026 | 59.50% |
| Dec 31, 2025 | 63.68% |
| Sep 30, 2025 | 71.10% |
| Jun 30, 2025 | 71.61% |
| Mar 31, 2025 | 62.99% |
| Dec 31, 2024 | 67.67% |
| Sep 30, 2024 | 72.05% |
| Jun 30, 2024 | 73.49% |
| Mar 31, 2024 | 65.41% |
| Dec 31, 2023 | 65.68% |
| Sep 30, 2023 | 69.99% |
| Jun 30, 2023 | 70.87% |
| Mar 31, 2023 | 54.65% |
| Dec 31, 2022 | 51.71% |
| Sep 30, 2022 | 59.81% |
| Jun 30, 2022 | 56.06% |
| Mar 31, 2022 | 52.43% |
| Dec 31, 2021 | 56.46% |
| Sep 30, 2021 | 67.90% |
API Access
Wec Energy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();