CSIMarket



Wec Energy Group Inc   (WEC)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 

WEC's Operating Income Growth by Quarter and Year

Wec Energy Group Inc 's Operating Income results by quarter and year




WEC Operating Income (in millions $) FY 2022 FY 2021 FY 2020 FY 2019
IV Quarter December - 326.80 370.50 363.10
III Quarter September - 390.00 370.20 310.90
II Quarter June - 368.80 338.80 314.60
I Quarter March 731.40 629.30 626.60 542.80
FY   731.40 1,714.90 1,706.10 1,531.40



WEC Operating Income first quarter 2022 Y/Y Growth Comment
Wec Energy Group Inc achieved in the first quarter 2022, above Company average Operating Income increase of 16.22% year on year, to $ 731.40 millions.

Looking into first quarter 2022 results within Electric Utilities industry 13 other companies have achieved higher Operating Income growth. While Wec Energy Group Inc ' s Operating Income growth of 16.22% ranks overall at the positon no. 722 in the first quarter 2022.

Explain Operating Income growth


WEC Operating Income ( Y/Y Growth %) 2022
2021 2020 2019
IV Quarter December - -11.79 % 2.04 % 25.29 %
III Quarter September - 5.35 % 19.07 % 2.71 %
II Quarter June - 8.85 % 7.69 % -4.9 %
I Quarter March 16.22 % 0.43 % 15.44 % -0.42 %
FY   - 0.52 % 11.41 % 4.29 %

Financial Statements
Wec Energy Group Inc 's first quarter 2022 Operating Income $ 731.40 millions WEC's Income Statement
Wec Energy Group Inc 's first quarter 2021 Operating Income $ 629.30 millions Quarterly WEC's Income Statement
New: More WEC's historic Operating Income Growth >>


WEC Operating Income (Quarter on Quarter Growth %)

2022
2021 2020 2019
IV Quarter December - -16.21 % 0.08 % 16.79 %
III Quarter September - 5.75 % 9.27 % -1.18 %
II Quarter June - -41.4 % -45.93 % -42.04 %
I Quarter March 123.81 % 69.85 % 72.57 % 87.3 %
FY (Year on Year)   - 0.52 % 11.41 % 4.29 %




Operating Income first quarter 2022 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #14
Utilities Sector #23
Overall #722

Operating Income Y/Y Growth Statistics
High Average Low
18.43 % 1.19 % -33.75 %
(March 31, 2016)   (Sep. 30, 2015)
Operating Income first quarter 2022 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #14
Utilities Sector #23
Overall #722
Operating Income Y/Y Growth Statistics
High Average Low
18.43 % 1.19 % -33.75 %
(March 31, 2016)   (Sep. 30, 2015)

Operating Income by Quarter for the Fiscal Years 2019, 2020, 2021, 2022

Wec Energy Group Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
123.81 % 10.22 % -53.79 %
(Mar 31 2022)  


WEC's I. Quarter Q/Q Operating Income Comment
Wec Energy Group Inc achieved in the I. Quarter 2022 above company average sequential Operating Income doubling of 123.81%, to $ 731.40 millions, from $326.80 millions in the forth quarter.
WEC is going from strength to strength, not only claiming higher then average increase, and additionally improving speed.

Within Electric Utilities industry 5 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 147.


Operating Income Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #6
Utilities Sector #9
Overall #147
Operating Income Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #6
Utilities Sector #9
Overall #147
Operating Income Q/Q Growth Statistics
High Average Low
123.81 % 10.22 % -53.79 %
(Mar 31 2022)  


WEC's I. Quarter Q/Q Operating Income Comment
Wec Energy Group Inc achieved in the I. Quarter 2022 above company average sequential Operating Income doubling of 123.81%, to $ 731.40 millions, from $326.80 millions in the forth quarter.
Electric Utilities company is impressively improving, with claiming better then regular increase, and additionally increasing pace.

Within Electric Utilities industry 5 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 147.


Wec Energy Group Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Mar 31 2022)
12 Months Ending
(Dec 31 2021)
12 Months Ending
(Sep 30 2021)
12 Months Ending
(Jun 30 2021)
12 Months Ending
(Mar 31 2021)
Cumulative Operating Income 12 Months Ending $ 1,817.00 $ 1,714.90 $ 1,758.60 $ 1,738.80 $ 1,708.80
Y / Y Operating Income Growth (TTM) 6.33 % 0.52 % 3.53 % 6.06 % 5.79 %
Year on Year Operating Income Growth Overall Ranking # 1179 # 1377 # 1492 # 1035 # 1152
Seqeuential Operating Income Change (TTM) 5.95 % -2.48 % 1.14 % 1.76 % 0.16 %
Seq. Operating Income Growth (TTM) Overall Ranking # 722 # 1412 # 1581 # 1261 # 1703




Cumulative Operating Income growth Comment
Although Wec Energy Group Inc 's Annual Operating Income growth year on year were below company's average 15.01% , Operating Income announced in the Mar 31 2022 period, show improvement in Operating Income trend, to cumulative trailing twelve month growth of 6.33% year on year, from 0.52% in Dec 31 2021.

In the Utilities sector 43 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 1179, from total ranking in previous quarter at 1377.

Operating Income TTM Q/Q Growth Statistics
High Average Low
18.43 %
1.19 %
-33.75 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry # 14
Utilities Sector # 44
Overall # 1179

Operating Income TTM Y/Y Growth Statistics
High Average Low
258.75 %
15.01 %
-17.75 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 14
Sector # 23
S&P 500 # 722
Cumulative Operating Income growth Comment
Although Wec Energy Group Inc 's Annual Operating Income growth year on year were below company's average 15.01% , Operating Income announced in the Mar 31 2022 period, show improvement in Operating Income trend, to cumulative trailing twelve month growth of 6.33% year on year, from 0.52% in Dec 31 2021.

In the Utilities sector 43 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 1179, from total ranking in previous quarter at 1377.

Operating Income TTM Q/Q Growth Statistics
High Average Low
18.43 %
1.19 %
-33.75 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry # 14
Utilities Sector # 44
Overall # 1179

Operating Income TTM Y/Y Growth Statistics
High Average Low
258.75 %
15.01 %
-17.75 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 14
Sector # 23
S&P 500 # 722




Other Operating Income Growth
Electric Utilities Industry Operating Income Growth Trends and Statistics
Utilities Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
WEC's Operating Income Growth Ratio versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for WEC's Competitors
Operating Income Growth for Wec Energy Group Inc 's Suppliers
Operating Income Growth for WEC's Customers

You may also want to know
WEC's Annual Growth Rates WEC's Profitability Ratios WEC's Asset Turnover Ratio WEC's Dividend Growth
WEC's Roe WEC's Valuation Ratios WEC's Financial Strength Ratios WEC's Dividend Payout Ratio
WEC's Roa WEC's Inventory Turnover Ratio WEC's Growth Rates WEC's Dividend Comparisons



Companies with similar Operating Income doubling for the quarter ending Mar 31 2022 within Utilities SectorY/Y Change %Operating Income for the quarter ending Mar 31 2022
Allete Inc 27.14%$ 27.143 millions
Sjw Group26.84%$ 26.837 millions
Black Hills Corporation25.33%$ 25.332 millions
Alliant Energy Corp25.25%$ 25.253 millions
Wisconsin Public Service Corporation25.12%$ 25.117 millions
American Electric Power Co Inc 21.94%$ 21.942 millions
Ipalco Enterprises Inc 18.65%$ 18.649 millions
Wec Energy Group Inc 16.22%$ 16.224 millions
Pinnacle West Capital Corporation14.64%$ 14.638 millions
Eversource Energy13.23%$ 13.233 millions
Wisconsin Electric Power Company13.11%$ 13.106 millions
Entergy Corporation11.43%$ 11.430 millions
Dominion Energy Inc 11.16%$ 11.162 millions
Delek Logistics Partners Lp11.07%$ 11.069 millions
Ppl Corporation9.40%$ 9.398 millions


       
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

IONQ's Profile

Stock Price

IONQ's Financials

Business Description

Fundamentals

Charts & Quotes

IONQ's News

Suppliers

IONQ's Competitors

Customers & Markets

Economic Indicators

IONQ's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071