WEC Energy Group balance sheet

At the end of fiscal 2025, WEC Energy Group had total assets of $51.52bn and shareholders' equity of $14.05bn. It held $27.6m in cash against $21.94bn of debt: net debt of $21.91bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

WEC Energy Group: balance sheet, annual
Fiscal year	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1
Receivables	0.3	0.3	0.4	0.6	1.0	1.2	1.4	1.3	1.2	1.2	1.5	1.8	1.5	1.7	2.1	1.4
Total current assets	1.4	1.3	1.6	1.3	2.2	2.2	2.2	2.2	2.1	2.1	2.7	3.2	2.8	2.9	3.3	2.8
Goodwill	0.4	0.4	0.4	0.4	3.0	3.0	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1
Total assets	13.9	14.3	14.4	14.9	29.4	30.1	31.6	33.5	35.0	37.0	39.0	41.9	43.9	47.4	51.5	53.9
Accounts payable	0.3	0.4	0.3	0.4	0.8	0.9	0.9	0.9	0.9	0.9	1.0	1.2	0.9	1.1	1.1	1.1
Deferred revenue (current)	—	—	—	—	—	—	—	—	—	—	0.1	—	0.2	—	—	—
Total current liabilities	1.4	1.4	1.5	1.7	2.7	2.4	3.9	3.3	3.2	4.1	3.8	4.6	5.1	4.8	5.6	5.2
Short-term debt	0.0	0.4	0.3	0.4	0.2	0.9	1.4	0.4	0.7	0.8	0.1	0.8	1.3	1.7	1.5	1.1
Long-term debt	4.6	4.5	4.4	4.2	9.1	9.2	8.7	10.0	11.2	11.7	13.5	14.7	15.4	17.2	18.5	19.7
Total debt	5.3	5.3	5.2	5.3	10.4	10.2	11.1	11.9	12.7	14.3	15.6	17.3	18.8	20.0	21.9	22.8
Shareholders' equity	4.0	4.2	4.3	4.5	8.7	9.0	9.5	9.8	10.3	10.7	11.1	11.6	12.1	12.8	14.1	15.0
Net debt (negative = net cash)	5.3	5.2	5.2	5.2	10.4	10.2	11.0	11.8	12.7	14.3	15.6	17.3	18.8	20.0	21.9	22.7
Shares outstanding	230m	229m	226m	226m	316m	316m	316m	316m	315m	315m	315m	315m	315m	318m	325m	329m

US$ billions unless shown otherwise. Fiscal quarters.

WEC Energy Group: balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Receivables	1.7	1.8	1.5	1.3	2.1	1.9	1.5	1.4
Total current assets	2.9	2.9	2.6	2.5	3.3	3.0	2.8	2.8
Goodwill	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1
Total assets	47.4	48.2	48.5	49.8	51.5	51.7	52.8	53.9
Accounts payable	1.1	0.8	0.8	0.9	1.1	0.8	1.0	1.1
Total current liabilities	4.8	5.9	4.7	5.1	5.6	4.4	5.2	5.2
Short-term debt	1.7	2.7	2.3	1.9	1.5	0.5	1.4	1.1
Long-term debt	17.2	16.2	17.1	17.7	18.5	19.4	19.2	19.7
Total debt	18.9	18.9	19.4	19.6	20.0	19.9	20.6	20.9
Shareholders' equity	12.8	13.4	13.7	14.0	14.1	14.6	14.6	15.0
Shares outstanding	318m	319m	322m	325m	325m	326m	326m	329m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from WEC Energy Group's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to WEC Energy Group.