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Wec Energy Group Inc (WEC) |
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WEC's Operating Income Growth by Quarter and Year
Wec Energy Group Inc 's Operating Income results by quarter and year
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Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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| WEC Operating Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
| IV Quarter |
December |
-
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380.40
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326.80
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370.50
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| III Quarter |
September |
472.00
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404.20
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390.00
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370.20
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| II Quarter |
June |
425.30
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408.20
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368.80
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338.80
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| I Quarter |
March |
669.30
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731.40
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629.30
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626.60
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| FY |
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1,566.60
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1,924.20
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1,714.90
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1,706.10
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| WEC Operating Income third quarter 2023 Y/Y Growth Comment |
Wec Energy Group Inc achieved in the third quarter 2023, above Company average Operating Income increase of 16.77% year on year, to $ 472.00 millions.
Looking into third quarter 2023 results within Electric Utilities industry 13 other companies have achieved higher Operating Income growth. While Wec Energy Group Inc ' s Operating Income growth of 16.77% ranks overall at the positon no. 662 in the third quarter 2023.
Explain Operating Income growth
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| WEC Operating Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
16.4 % |
-11.79 % |
2.04 % |
| III Quarter |
September |
16.77 % |
3.64 % |
5.35 % |
19.07 % |
| II Quarter |
June |
4.19 % |
10.68 % |
8.85 % |
7.69 % |
| I Quarter |
March |
-8.49 % |
16.22 % |
0.43 % |
15.44 % |
| FY |
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- |
12.2 % |
0.52 % |
11.41 % |
WEC Operating Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
| IV Quarter |
December |
- |
-5.89 % |
-16.21 % |
0.08 % |
| III Quarter |
September |
10.98 % |
-0.98 % |
5.75 % |
9.27 % |
| II Quarter |
June |
-36.46 % |
-44.19 % |
-41.4 % |
-45.93 % |
| I Quarter |
March |
75.95 % |
123.81 % |
69.85 % |
72.57 % |
| FY (Year on Year) |
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- |
12.2 % |
0.52 % |
11.41 % |
| Operating Income Y/Y Growth Statistics |
| High |
Average |
Low |
| 100.3 % |
9.63 % |
-31.12 % |
| (Jun 30 2016) |
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(Jun 30 2015) |
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| Operating Income Y/Y Growth Statistics |
| High |
Average |
Low |
| 100.3 % |
9.63 % |
-31.12 % |
| (Jun 30 2016) |
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(Jun 30 2015) |
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| Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Wec Energy Group Inc 's Q/Q Operating Income Growth
| Operating Income Q/Q Growth Statistics |
| High |
Average |
Low |
| 123.81 % |
9.29 % |
-53.79 % |
| (Mar 31 2022) |
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| WEC's III. Quarter Q/Q Operating Income Comment |
Wec Energy Group Inc achieved in the III. Quarter 2023 above company average sequential Operating Income rise of 10.98%, to $ 472.00 millions, from $425.30 millions in the second quarter.
Electric Utilities company is going from strength to strength, with recording better then regular growth, and also improving pace, Marie Jacobs, market expert located in Frankfurt added.
Within Electric Utilities industry 25 other companies have achieved higher Operating Income quarter on quarter growth. While Wec Energy Group Inc 's Operating Income growth quarter on quarter, overall rank is 404. |
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| Operating Income Q/Q Growth Statistics |
| High |
Average |
Low |
| 123.81 % |
9.29 % |
-53.79 % |
| (Mar 31 2022) |
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| WEC's III. Quarter Q/Q Operating Income Comment |
Wec Energy Group Inc achieved in the III. Quarter 2023 above company average sequential Operating Income rise of 10.98%, to $ 472.00 millions, from $425.30 millions in the second quarter.
Wec Energy Group Inc is going from strength to strength, not just recording above average increase, but also accelerating speed.
Within Electric Utilities industry 25 other companies have achieved higher Operating Income quarter on quarter growth. While Wec Energy Group Inc 's Operating Income growth quarter on quarter, overall rank is 404. |
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Wec Energy Group Inc 's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending
(Sep 30 2023) |
12 Months Ending
(Jun 30 2023) |
12 Months Ending
(Mar 31 2023) |
12 Months Ending
(Dec 31 2022) |
12 Months Ending
(Sep 30 2022) |
| Cumulative Operating Income 12 Months Ending |
$ 1,947.00 |
$ 1,879.20 |
$ 1,862.10 |
$ 1,924.20 |
$ 1,870.60 |
| Y / Y Operating Income Growth (TTM) |
4.08 % |
1.23 % |
2.48 % |
12.2 % |
6.37 % |
| Year on Year Operating Income Growth Overall
Ranking |
# 538 |
# 1047 |
# 1037 |
# 1026 |
# 856 |
| Seqeuential Operating Income Change (TTM) |
3.61 % |
0.92 % |
-3.23 % |
2.87 % |
0.76 % |
| Seq. Operating Income Growth (TTM) Overall
Ranking |
# 1047 |
# 952 |
# 1045 |
# 1081 |
# 971 |
| Cumulative Operating Income growth
Comment |
Although Wec Energy Group Inc 's Annual Operating Income growth year on year were below company's average 14.09% , Operating Income announced in the Sep 30 2023 period, show improvement in Operating Income trend, to cumulative trailing twelve month growth of 4.08% year on year, from 1.23% in Jun 30 2023.
Within the Utilities sector 32 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 538, from total ranking in previous quarter at 1047. |
| Operating Income TTM Q/Q Growth Statistics |
| High |
Average |
Low |
258.75 % |
14.09 % |
-17.75 % |
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| Operating Income TTM Y/Y Growth Statistics |
| High |
Average |
Low |
258.75 % |
14.09 % |
-17.75 % |
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| Operating Income TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 29 |
| Sector |
# 59 |
| S&P 500 |
# 1047 |
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| Cumulative Operating Income growth
Comment |
Although Wec Energy Group Inc 's Annual Operating Income growth year on year were below company's average 14.09% , Operating Income announced in the Sep 30 2023 period, show improvement in Operating Income trend, to cumulative trailing twelve month growth of 4.08% year on year, from 1.23% in Jun 30 2023.
Within the Utilities sector 32 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 538, from total ranking in previous quarter at 1047. |
| Operating Income TTM Q/Q Growth Statistics |
| High |
Average |
Low |
258.75 % |
14.09 % |
-17.75 % |
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| Operating Income TTM Y/Y Growth Statistics |
| High |
Average |
Low |
258.75 % |
14.09 % |
-17.75 % |
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| Operating Income TTM Q/Q Growth Company Ranking |
| Within: |
No. |
| Industry |
# 29 |
| Sector |
# 59 |
| S&P 500 |
# 1047 |
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28.29%