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

WEC's Revenue Growth by Quarter and Year

Wec Energy Group Inc 's Revenue results by quarter and year




WEC Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 2,217.50 2,558.40 2,201.90
III Quarter September - 1,957.40 2,003.00 1,746.50
II Quarter June 1,772.00 1,830.00 2,127.90 1,676.20
I Quarter March 2,680.20 2,888.10 2,908.10 2,691.40
FY   4,452.20 8,893.00 9,597.40 8,316.00



WEC Revenue second quarter 2024 Y/Y Growth Comment
Wec Energy Group Inc reported decrease in Revenue in the second quarter 2024 by -3.17% to $ 1,772.00 millions, from the same quarter in 2023.
The decrease in the second quarter 2024 Wec Energy Group Inc 's Revenue compares unfavorably to the Company's average Revenue increase of 11.47%.

Looking into second quarter 2024 results within Electric Utilities industry 18 other companies have achieved higher Revenue growth. While Wec Energy Group Inc ' s Revenue decline of -3.17% ranks overall at the positon no. 1251 in the second quarter 2024.




WEC Revenue ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - -13.32 % 16.19 % 13.89 %
III Quarter September - -2.28 % 14.69 % 5.78 %
II Quarter June -3.17 % -14 % 26.95 % 8.23 %
I Quarter March -7.2 % -0.69 % 8.05 % 27.64 %
FY   - -7.34 % 15.41 % 14.83 %

Financial Statements
Wec Energy Group Inc 's second quarter 2024 Revenue $ 1,772.00 millions WEC's Income Statement
Wec Energy Group Inc 's second quarter 2023 Revenue $ 1,830.00 millions Quarterly WEC's Income Statement
New: More WEC's historic Revenue Growth >>


WEC Revenue (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - 13.29 % 27.73 % 26.08 %
III Quarter September - 6.96 % -5.87 % 4.19 %
II Quarter June -33.89 % -36.64 % -26.83 % -37.72 %
I Quarter March 20.87 % 12.89 % 32.07 % 39.21 %
FY (Year on Year)   - -7.34 % 15.41 % 14.83 %




Revenue second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #19
Utilities Sector #36
Overall #1251

Revenue Y/Y Growth Statistics
High Average Low
235.75 % 11.47 % -9.32 %
(March 31, 2008)   (Mar 31 2024)
Revenue second quarter 2024 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #19
Utilities Sector #36
Overall #1251
Revenue Y/Y Growth Statistics
High Average Low
235.75 % 11.47 % -9.32 %
(March 31, 2008)   (Mar 31 2024)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Wec Energy Group Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
71 % 3.32 % -39.66 %
(Sep 30 2015)  


WEC's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2024 Wec Energy Group Inc disclosed fall in Revenue from the first quarter by -33.89% to $ 1,772.00 millions, from $ 2,680.20 millions declared in the previous quarter.

This is not important issue, as Wec Energy Group Inc 's Revenue generally tend to dip in the II. Quarter Grace Parker, an industry advisor noted.

Within Electric Utilities industry 43 other companies have achieved higher Revenue quarter on quarter growth. While Wec Energy Group Inc 's Revenue growth quarter on quarter, overall rank is 1913.


Revenue Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #44
Utilities Sector #75
Overall #1913
Revenue Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #44
Utilities Sector #75
Overall #1913
Revenue Q/Q Growth Statistics
High Average Low
71 % 3.32 % -39.66 %
(Sep 30 2015)  


WEC's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2024 Wec Energy Group Inc disclosed fall in Revenue sequentially by -33.89% to $ 1,772.00 millions, from $ 2,680.20 millions achived a quarter before.

If you look into current slump in the quarter, you suppose to take into consideration, that frequently II. Quarter Revenue occur sluggish relative to the quarter before

Within Electric Utilities industry 43 other companies have achieved higher Revenue quarter on quarter growth. While Wec Energy Group Inc 's Revenue growth quarter on quarter, overall rank is 1913.


Wec Energy Group Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2024)
12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
Cumulative Revenue 12 Months Ending $ 8,627.10 $ 8,685.10 $ 8,893.00 $ 9,233.90 $ 9,279.50
Y / Y Revenue Growth (TTM) -7.03 % -9.32 % -7.34 % -0.08 % 3.28 %
Year on Year Revenue Growth Overall Ranking # 898 # 265 # 274 # 636 # 788
Seqeuential Revenue Change (TTM) -0.67 % -2.34 % -3.69 % -0.49 % -3.11 %
Seq. Revenue Growth (TTM) Overall Ranking # 1251 # 672 # 672 # 1965 # 1262




Cumulative Revenue growth Comment
Wec Energy Group Inc showed decline, but improvement compare to trailing twelve month Revenue decrease in Mar 31 2024. If the fiscal year would end in Jun 30 2024, Wec Energy Group Inc 's annual Revenue decline would be -7.03% year on year to $8,627 millions.

Among companies within the Utilities sector 18 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 265 to 898.

Revenue TTM Q/Q Growth Statistics
High Average Low
235.75 %
11.47 %
-9.32 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry # 19
Utilities Sector # 19
Overall # 898

Revenue TTM Y/Y Growth Statistics
High Average Low
235.75 %
11.47 %
-9.32 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 19
Sector # 36
S&P 500 # 1251
Cumulative Revenue growth Comment
Wec Energy Group Inc showed decline, but improvement compare to trailing twelve month Revenue decrease in Mar 31 2024. If the fiscal year would end in Jun 30 2024, Wec Energy Group Inc 's annual Revenue decrease would be -7.03% year on year to $8,627 millions.

Among companies within the Utilities sector 18 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 265 to 898.

Revenue TTM Q/Q Growth Statistics
High Average Low
235.75 %
11.47 %
-9.32 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry # 19
Utilities Sector # 19
Overall # 898

Revenue TTM Y/Y Growth Statistics
High Average Low
235.75 %
11.47 %
-9.32 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 19
Sector # 36
S&P 500 # 1251




Other Revenue Growth
Electric Utilities Industry Revenue Growth Trends and Statistics
Utilities Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
WEC's Revenue Growth Ratio versus Electric Utilities Industry, Utilities Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for WEC's Competitors
Revenue Growth for Wec Energy Group Inc 's Suppliers
Revenue 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 Revenue decrease for the quarter ending Jun 30 2024 within Utilities SectorY/Y Change %Revenue for the quarter ending Jun 30 2024
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Genie Energy Ltd -2.96%$ -2.961 millions
Wec Energy Group Inc -3.17%$ -3.169 millions
Eversource Energy-3.64%$ -3.644 millions
Ameren Corporation-3.81%$ -3.807 millions
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Williams companies inc -5.92%$ -5.920 millions
Genesis Energy Lp-6.02%$ -6.015 millions
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Clearway Energy Llc-9.85%$ -9.852 millions
Northwest Natural Holding Company-10.99%$ -10.992 millions
One Gas Inc -11.05%$ -11.046 millions
Wisconsin Public Service Corporation-11.55%$ -11.549 millions
Southwest Gas Holdings Inc -11.68%$ -11.678 millions
Ngl Energy Partners Lp-14.16%$ -14.160 millions
Ugi Corporation-16.82%$ -16.817 millions
Nextera Energy Inc -17.42%$ -17.417 millions
Cheniere Energy Inc -20.75%$ -20.746 millions
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