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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 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 2,558.40 2,201.90 1,933.40
III Quarter September - 2,003.00 1,746.50 1,651.00
II Quarter June 1,830.00 2,127.90 1,676.20 1,548.70
I Quarter March 2,888.10 2,908.10 2,691.40 2,108.60
FY   4,718.10 9,597.40 8,316.00 7,241.70



WEC Revenue second quarter 2023 Y/Y Growth Comment
Wec Energy Group Inc reported fall in Revenue in the second quarter 2023 by -14% to $ 1,830.00 millions, from the same quarter in 2022.
The decline in the second quarter 2023 Wec Energy Group Inc 's Revenue compares unfavorably to the Company's average Revenue increase of 12.61%.

Looking into second quarter 2023 results within Electric Utilities industry 34 other companies have achieved higher Revenue growth. While Wec Energy Group Inc ' s Revenue decrease of -14% ranks overall at the positon no. 1262 in the second quarter 2023.




WEC Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 16.19 % 13.89 % -0.72 %
III Quarter September - 14.69 % 5.78 % 2.67 %
II Quarter June -14 % 26.95 % 8.23 % -2.61 %
I Quarter March -0.69 % 8.05 % 27.64 % -11.31 %
FY   - 15.41 % 14.83 % -3.74 %

Financial Statements
Wec Energy Group Inc 's second quarter 2023 Revenue $ 1,830.00 millions WEC's Income Statement
Wec Energy Group Inc 's second quarter 2022 Revenue $ 2,127.90 millions Quarterly WEC's Income Statement
New: More WEC's historic Revenue Growth >>


WEC Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 27.73 % 26.08 % 17.1 %
III Quarter September - -5.87 % 4.19 % 6.61 %
II Quarter June -36.64 % -26.83 % -37.72 % -26.55 %
I Quarter March 12.89 % 32.07 % 39.21 % 8.27 %
FY (Year on Year)   - 15.41 % 14.83 % -3.74 %




Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #35
Utilities Sector #62
Overall #1262

Revenue Y/Y Growth Statistics
High Average Low
235.75 % 12.61 % -9.28 %
(March 31, 2008)   (March 31, 2010)
Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry #35
Utilities Sector #62
Overall #1262
Revenue Y/Y Growth Statistics
High Average Low
235.75 % 12.61 % -9.28 %
(March 31, 2008)   (March 31, 2010)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Wec Energy Group Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
71 % 3.41 % -39.66 %
(Sep 30 2015)  


WEC's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Wec Energy Group Inc realized fall in Revenue sequentially by -36.64% to $ 1,830.00 millions, from $ 2,888.10 millions achived in the previous reporting period.

It's not important concern, as Revenue frequently seem to plunge in this quarter Luca Wouters, an industry expert situated in Brussel told.

Within Electric Utilities industry 50 other companies have achieved higher Revenue quarter on quarter growth. While Wec Energy Group Inc 's Revenue growth quarter on quarter, overall rank is 3890.


Revenue Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #51
Utilities Sector #93
Overall #3890
Revenue Q/Q Growth Company Ranking
Within: No.
Electric Utilities Industry #51
Utilities Sector #93
Overall #3890
Revenue Q/Q Growth Statistics
High Average Low
71 % 3.41 % -39.66 %
(Sep 30 2015)  


WEC's II. Quarter Q/Q Revenue Comment
In the II. Quarter 2023 Wec Energy Group Inc reported fall in Revenue from the previous quarter by -36.64% to $ 1,830.00 millions, from $ 2,888.10 millions declared in the previous reporting period.

But that's not important problem, as Wec Energy Group Inc 's Revenue generally seem to plunge in this quarter Luca Wouters, an industry expert situated in Brussel noted.

Within Electric Utilities industry 50 other companies have achieved higher Revenue quarter on quarter growth. While Wec Energy Group Inc 's Revenue growth quarter on quarter, overall rank is 3890.


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


Revenue TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Revenue 12 Months Ending $ 9,279.50 $ 9,577.40 $ 9,597.40 $ 9,240.90 $ 8,984.40
Y / Y Revenue Growth (TTM) 3.28 % 12.24 % 15.41 % 14.83 % 12.98 %
Year on Year Revenue Growth Overall Ranking # 788 # 827 # 986 # 606 # 808
Seqeuential Revenue Change (TTM) -3.11 % -0.21 % 3.86 % 2.85 % 5.29 %
Seq. Revenue Growth (TTM) Overall Ranking # 1262 # 1106 # 1663 # 647 # 1281




Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Jun 30 2023 period, Wec Energy Group Inc 's cumulative twelve months Revenue were $ 9,280 millions, company would post below average annual Revenue growth of 5.29% year on year, if the fiscal year would end at Jun 30 2023.
A slow-down in the Wec Energy Group Inc 's Revenue growth from the 2888.1% growth in Mar 31 2023.

Within the Utilities sector 29 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 788, from total ranking in previous quarter at 827.

Revenue TTM Q/Q Growth Statistics
High Average Low
235.75 %
12.61 %
-9.28 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry # 35
Utilities Sector # 30
Overall # 788

Revenue TTM Y/Y Growth Statistics
High Average Low
235.75 %
12.61 %
-9.28 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 35
Sector # 62
S&P 500 # 1262
Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Jun 30 2023 period, Wec Energy Group Inc 's cumulative twelve months Revenue were $ 9,280 millions, company would post below average annual Revenue growth of -9.28% year on year, if the fiscal year would end at Jun 30 2023.
A slow-down in the Wec Energy Group Inc 's Revenue growth from the 2888.1% growth in Mar 31 2023.

Within the Utilities sector 29 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 788, from total ranking in previous quarter at 827.

Revenue TTM Q/Q Growth Statistics
High Average Low
235.75 %
12.61 %
-9.28 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Electric Utilities Industry # 35
Utilities Sector # 30
Overall # 788

Revenue TTM Y/Y Growth Statistics
High Average Low
235.75 %
12.61 %
-9.28 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 35
Sector # 62
S&P 500 # 1262




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 fall for the quarter ending Jun 30 2023 within Utilities SectorY/Y Change %Revenue for the quarter ending Jun 30 2023
Williams companies inc -0.28%$ -0.281 millions
Constellation Energy Corporation-0.35%$ -0.348 millions
Nustar Energy L p -0.97%$ -0.971 millions
Edison International-1.10%$ -1.098 millions
Summit Midstream Partners Lp-1.18%$ -1.181 millions
Dt Midstream Inc -1.32%$ -1.322 millions
Duke Energy Corporation-1.60%$ -1.601 millions
Essential Utilities Inc -2.69%$ -2.687 millions
Chesapeake Utilities Corp-2.78%$ -2.780 millions
Mge Energy Inc -2.86%$ -2.855 millions
Equitrans Midstream Corporation-3.09%$ -3.086 millions
Alliant Energy Corp-3.24%$ -3.243 millions
Nextera Energy Partners Lp-3.31%$ -3.315 millions
Centerpoint Energy Inc -3.55%$ -3.549 millions
New Fortress Energy Inc -4.02%$ -4.020 millions
Wisconsin Electric Power Company-4.58%$ -4.579 millions
American Electric Power Co Inc -5.76%$ -5.759 millions
Berkshire Hathaway Energy Company-5.79%$ -5.792 millions
Via Renewables Inc -5.87%$ -5.870 millions
Sempra-5.98%$ -5.977 millions
Evergy Inc -6.38%$ -6.381 millions
Spire Inc -6.58%$ -6.585 millions
Clean Energy Fuels Corp -6.87%$ -6.867 millions
One Gas Inc -7.19%$ -7.194 millions
Nisource Inc -7.88%$ -7.877 millions
Mplx Lp-8.50%$ -8.503 millions
Wisconsin Public Service Corporation-8.96%$ -8.961 millions
Tennessee Valley Authority-9.16%$ -9.158 millions
Northwestern Corp-10.06%$ -10.062 millions
Xcel Energy Inc-11.41%$ -11.407 millions




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