WEC Energy Group Inc (WEC) - Net Assets
Based on the latest financial reports, WEC Energy Group Inc (WEC) has net assets worth $14.57 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($51.73 Billion) and total liabilities ($37.16 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check WEC PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.57 Billion |
| % of Total Assets | 28.16% |
| Annual Growth Rate | 6.9% |
| 5-Year Change | 26.45% |
| 10-Year Change | 56.84% |
| Growth Volatility | 16.46 |
WEC Energy Group Inc - Net Assets Trend (1994–2025)
This chart illustrates how WEC Energy Group Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see WEC Energy Group Inc market capitalisation.
Annual Net Assets for WEC Energy Group Inc (1994–2025)
The table below shows the annual net assets of WEC Energy Group Inc from 1994 to 2025. Also explore WEC shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $14.05 Billion | +9.77% |
| 2024-12-31 | $12.80 Billion | +6.05% |
| 2023-12-31 | $12.07 Billion | +3.92% |
| 2022-12-31 | $11.62 Billion | +4.53% |
| 2021-12-31 | $11.11 Billion | +4.23% |
| 2020-12-31 | $10.66 Billion | +3.98% |
| 2019-12-31 | $10.25 Billion | +4.18% |
| 2018-12-31 | $9.84 Billion | +3.70% |
| 2017-12-31 | $9.49 Billion | +5.93% |
| 2016-12-31 | $8.96 Billion | +3.17% |
| 2015-12-31 | $8.69 Billion | +95.17% |
| 2014-12-31 | $4.45 Billion | +4.38% |
| 2013-12-31 | $4.26 Billion | +2.35% |
| 2012-12-31 | $4.17 Billion | +4.30% |
| 2011-12-31 | $3.99 Billion | +4.21% |
| 2010-12-31 | $3.83 Billion | +6.54% |
| 2009-12-31 | $3.60 Billion | +6.83% |
| 2008-12-31 | $3.37 Billion | +7.60% |
| 2007-12-31 | $3.13 Billion | +7.20% |
| 2006-12-31 | $2.92 Billion | +7.71% |
| 2005-12-31 | $2.71 Billion | +7.44% |
| 2004-12-31 | $2.52 Billion | +5.60% |
| 2003-12-31 | $2.39 Billion | +10.10% |
| 2002-12-31 | $2.17 Billion | +3.99% |
| 2001-12-31 | $2.09 Billion | +1.92% |
| 2000-12-31 | $2.05 Billion | -8.53% |
| 1999-12-31 | $2.24 Billion | +15.75% |
| 1998-12-31 | $1.93 Billion | +2.12% |
| 1997-12-31 | $1.89 Billion | -4.17% |
| 1996-12-31 | $1.98 Billion | +3.89% |
| 1995-12-31 | $1.90 Billion | +7.14% |
| 1994-12-31 | $1.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to WEC Energy Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 659.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.49 Billion | 62.25% |
| Common Stock | $3.30 Million | 0.02% |
| Other Comprehensive Income | $-7.60 Million | -0.06% |
| Other Components | $5.15 Billion | 37.78% |
| Total Equity | $13.64 Billion | 100.00% |
WEC Energy Group Inc Competitors by Market Cap
The table below lists competitors of WEC Energy Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Hongchuang Aluminum Industry Holding Co Ltd
SHE:002379
|
$33.62 Billion |
|
JSW Steel Limited
NSE:JSWSTEEL
|
$33.67 Billion |
|
Gold Fields Limited
F:EDG
|
$33.83 Billion |
|
KERING.UNSP.ADR 1/10 EO 4
F:PPXB
|
$33.83 Billion |
|
ASM International NV
AS:ASM
|
$33.60 Billion |
|
Swisscom AG
SW:SCMN
|
$33.54 Billion |
|
China Construction Bank Co
SHG:601939
|
$33.51 Billion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
$33.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WEC Energy Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,425,400,000 to 13,644,000,000, a change of 1,218,600,000 (9.8%).
- Net income of 1,558,400,000 contributed positively to equity growth.
- Dividend payments of 1,147,800,000 reduced retained earnings.
- Share repurchases of 1,300,000 reduced equity.
- New share issuances of 761,900,000 increased equity.
- Other comprehensive income increased equity by 200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.56 Billion | +11.42% |
| Dividends Paid | $1.15 Billion | -8.41% |
| Share Repurchases | $1.30 Million | -0.01% |
| Share Issuances | $761.90 Million | +5.58% |
| Other Comprehensive Income | $200.00K | +0.0% |
| Other Changes | $47.20 Million | +0.35% |
| Total Change | $- | 9.81% |
Book Value vs Market Value Analysis
This analysis compares WEC Energy Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.48x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.56x to 2.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $8.22 | $103.17 | x |
| 1995-12-31 | $8.65 | $103.17 | x |
| 1996-12-31 | $8.92 | $103.17 | x |
| 1997-12-31 | $8.42 | $103.17 | x |
| 1998-12-31 | $8.48 | $103.17 | x |
| 1999-12-31 | $9.58 | $103.17 | x |
| 2000-12-31 | $8.43 | $103.17 | x |
| 2001-12-31 | $8.86 | $103.17 | x |
| 2002-12-31 | $7.60 | $103.17 | x |
| 2003-12-31 | $10.07 | $103.17 | x |
| 2004-12-31 | $10.58 | $103.17 | x |
| 2005-12-31 | $11.45 | $103.17 | x |
| 2006-12-31 | $12.33 | $103.17 | x |
| 2007-12-31 | $13.21 | $103.17 | x |
| 2008-12-31 | $14.24 | $103.17 | x |
| 2009-12-31 | $15.26 | $103.17 | x |
| 2010-12-31 | $16.19 | $103.17 | x |
| 2011-12-31 | $16.97 | $103.17 | x |
| 2012-12-31 | $17.89 | $103.17 | x |
| 2013-12-31 | $18.56 | $103.17 | x |
| 2014-12-31 | $19.56 | $103.17 | x |
| 2015-12-31 | $31.85 | $103.17 | x |
| 2016-12-31 | $28.27 | $103.17 | x |
| 2017-12-31 | $29.92 | $103.17 | x |
| 2018-12-31 | $31.06 | $103.17 | x |
| 2019-12-31 | $32.38 | $103.17 | x |
| 2020-12-31 | $33.69 | $103.17 | x |
| 2021-12-31 | $35.14 | $103.17 | x |
| 2022-12-31 | $36.09 | $103.17 | x |
| 2023-12-31 | $37.21 | $103.17 | x |
| 2024-12-31 | $39.26 | $103.17 | x |
| 2025-12-31 | $41.61 | $103.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WEC Energy Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.90%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 3.78x
- Recent ROE (11.42%) is above the historical average (10.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 10.19% | 10.38% | 0.40x | 2.48x | $3.39 Million |
| 1995 | 12.30% | 13.22% | 0.39x | 2.40x | $43.82 Million |
| 1996 | 11.04% | 12.29% | 0.37x | 2.43x | $20.52 Million |
| 1997 | 3.21% | 3.39% | 0.36x | 2.66x | $-128.64 Million |
| 1998 | 9.73% | 9.50% | 0.37x | 2.77x | $-5.26 Million |
| 1999 | 9.34% | 9.20% | 0.36x | 2.78x | $-14.82 Million |
| 2000 | 7.53% | 4.60% | 0.40x | 4.11x | $-50.52 Million |
| 2001 | 10.50% | 5.57% | 0.47x | 3.99x | $10.35 Million |
| 2002 | 7.70% | 4.47% | 0.45x | 3.86x | $-49.98 Million |
| 2003 | 10.23% | 6.03% | 0.40x | 4.20x | $5.40 Million |
| 2004 | 12.15% | 8.93% | 0.36x | 3.79x | $54.12 Million |
| 2005 | 11.39% | 8.09% | 0.36x | 3.86x | $37.65 Million |
| 2006 | 10.84% | 7.92% | 0.36x | 3.81x | $24.46 Million |
| 2007 | 10.72% | 7.92% | 0.36x | 3.74x | $22.64 Million |
| 2008 | 10.66% | 8.10% | 0.35x | 3.75x | $22.37 Million |
| 2009 | 10.63% | 9.26% | 0.33x | 3.53x | $22.67 Million |
| 2010 | 11.91% | 10.86% | 0.32x | 3.41x | $73.25 Million |
| 2011 | 13.18% | 11.73% | 0.32x | 3.47x | $126.83 Million |
| 2012 | 13.11% | 12.87% | 0.30x | 3.43x | $129.75 Million |
| 2013 | 13.54% | 12.78% | 0.31x | 3.46x | $151.06 Million |
| 2014 | 13.22% | 11.77% | 0.33x | 3.41x | $143.29 Million |
| 2015 | 7.37% | 10.80% | 0.20x | 3.38x | $-228.22 Million |
| 2016 | 10.49% | 12.58% | 0.25x | 3.36x | $44.18 Million |
| 2017 | 12.69% | 15.75% | 0.24x | 3.33x | $255.72 Million |
| 2018 | 10.77% | 13.81% | 0.23x | 3.40x | $76.23 Million |
| 2019 | 11.07% | 15.09% | 0.22x | 3.41x | $109.74 Million |
| 2020 | 11.26% | 16.59% | 0.20x | 3.47x | $134.85 Million |
| 2021 | 11.71% | 15.65% | 0.21x | 3.51x | $190.17 Million |
| 2022 | 12.35% | 14.68% | 0.23x | 3.67x | $268.57 Million |
| 2023 | 11.34% | 14.99% | 0.20x | 3.74x | $157.44 Million |
| 2024 | 12.30% | 17.77% | 0.18x | 3.81x | $285.86 Million |
| 2025 | 11.42% | 15.90% | 0.19x | 3.78x | $194.00 Million |
Industry Comparison
This section compares WEC Energy Group Inc's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $13,714,505,300
- Average return on equity (ROE) among peers: 14.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WEC Energy Group Inc (WEC) | $14.57 Billion | 10.19% | 2.55x | $33.61 Billion |
| Ameren Corp (AEE) | $7.17 Billion | 8.44% | 2.16x | $28.30 Billion |
| American Electric Power Co Inc (AEP) | $9.30 Billion | 10.44% | 4.08x | $65.29 Billion |
| CMS Energy Corporation (CMS) | $2.46 Billion | 11.28% | 5.30x | $20.49 Billion |
| CenterPoint Energy Inc (CNP) | $9.67 Billion | 9.49% | 3.11x | $25.18 Billion |
| Dominion Energy Inc (D) | $30.19 Billion | 7.03% | 2.39x | $55.92 Billion |
| DTE Energy Company (DTE) | $7.05 Billion | 10.08% | 2.69x | $26.74 Billion |
| Duke Energy Corporation (DUK) | $51.14 Billion | 7.00% | 2.32x | $91.64 Billion |
| Consolidated Edison Inc (ED) | $7.57 Billion | 9.50% | 2.28x | $38.85 Billion |
| Empresa Distribuidora y Comercializadora Norte SA ADR (EDN) | $1.53 Billion | 74.91% | 7.51x | $519.48 Million |
| Edison International (EIX) | $11.09 Billion | 0.20% | 3.33x | $21.28 Billion |
About WEC Energy Group Inc
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. It generates and distributes electricity from coal, natural gas, oil, and nuclear, as w… Read more