WEC Energy Group Reports Solid Financial Performance and Growth Prospects for 2025

WEC Energy Group 2025 Financial Results Overview

WEC Energy Group (NYSE: WEC), based in Milwaukee, has released its financial figures for the year 2025, showcasing a net income of $1.6 billion, equating to earnings of $4.81 per share. This indicates a notable performance compared to $1.5 billion, or $4.83 per share, from the previous year, 2024. The report also indicates that the company faced a charge of $0.46 per share, related to a settlement agreement with the Illinois Attorney General, which addresses ongoing matters in Illinois regarding the Qualifying Infrastructure Plant (QIP) rider and the Uncollectible Expense Adjustment (UEA) rider.

Excluding these charges, WEC’s adjusted earnings for the year stood at $5.27 per share, marking an 8% increase over the adjusted earnings of $4.88 per share for 2024. This growth serves as a solid indicator of operational resilience and improved performance. In the fourth quarter of 2025, the company reported a net income based on GAAP of $316.6 million, or $0.97 per share, a decline from the previous year's fourth quarter figures of $453.5 million or $1.43 per share. After adjustments, earnings per share for Q4 2025 reached $1.42.

WEC Energy Group’s consolidated revenues for 2025 reached $9.8 billion, reflecting an increase of $1.2 billion from 2024. In addressing these developments, President and CEO Scott Lauber commented, "We delivered another year of solid results - from operational efficiency to customer care to financial performance. We continue to see significant growth opportunities ahead." These statements emphasize WEC’s commitment to enhancing shareholder value and customer satisfaction.

On a more specific operational front, retail sales of electricity, excluding the iron ore mine situated in Michigan’s Upper Peninsula, noted a surge of 2.2% in 2025. The company observed increases in electricity consumption across various sectors; small commercial and industrial customers showed a 1.6% uptick, while large commercial and industrial customers, excluding those from the iron ore mine, also reported a 1.6% increase. Residential electricity usage experienced a growth rate of 3.5%. When adjusting for normal weather patterns, retail electricity deliveries rose by 1.1% for the year.

Natural gas deliveries in Wisconsin, not including the gas used for power generation, were notable for their increase of 11.5%. In contrast, natural gas deliveries, when weather-normal factors were taken into account, slightly decreased by 0.5% during the year.

Looking forward, WEC Energy Group has reaffirmed its earnings guidance for the 2026 calendar year, predicting earnings to be between $5.51 to $5.61 per share. This guidance aligns with their short-term earnings growth projection, which indicates a compound annual growth rate of 7 to 8 percent over the next five years.

Moreover, on January 22, the company’s board of directors declared a quarterly cash dividend of 95.25 cents per share on its common stock, which amounts to a 6.7% increase over the previous dividend rate. This event marks the 23rd consecutive year in which WEC has rewarded shareholders with higher dividends, a testament to their commitment to returning value to investors.

Lastly, in preparation for an earnings conference call scheduled for February 5, stakeholders, including stockholders and media representatives, have been invited to participate. They can access the conference by calling in or through WEC Energy Group’s website, facilitating transparency and communication between the company and its stakeholders.

In conclusion, WEC Energy Group's results for 2025 illustrate a robust performance filled with potential growth opportunities, underscored by increased operational efficiency and customer engagement. As the company aims for continued success in the evolving energy market, its clear focus on sustaining shareholder returns and enhancing customer value remains evident in its strategic outlook.