Operating Margin (Quarterly)

Operating Margin: Operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc. Calculated as: Operating Income / Total Revenues

WEC Energy Group, Inc. (WEC) had Operating Margin of 30.35% for the most recently reported fiscal quarter, ending 2024-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2024-03-31

Income Statement Financials
Revenue	$2.68B
Net Income	$622.30M
Cost of Goods Sold	$927.10M
Gross Profit	$1.75B
Operating Expenses	$1.87B
Operating Income	$813.40M
Non-Operating Income/Expense	$-103.10M
Pre-Tax Income	$710.30M
Normalized Pre-Tax Income	$710.30M
Income after Taxes	$622.60M
Income from Continuous Operations	$622.60M
Consolidated Net Income/Loss	$622.60M
Normalized Income after Taxes	$622.60M
EBIT	$813.40M
EBITDA	$1.15B
Weighted-Average Shares Outstanding (Basic)	315.60M
Weighted-Average Shares Outstanding (Diluted)	315.90M
Earnings per Share (EPS) (Basic)	$1.97
Earnings per Share (EPS) (Diluted)	$1.97
Balance Sheet Financials
Current Assets	$2.60B
Property, Plant, and Equipment	$31.73B
Long-Term Assets	$41.32B
Total Assets	$43.93B
Current Liabilities	$4.71B
Long-Term Debt	$15.38B
Long-Term Liabilities	$26.79B
Total Liabilities	$31.50B
Common Equity	$12.40B
Tangible Shareholders Equity	$9.37B
Shareholders Equity	$12.43B
Common Shares Outstanding	315.82M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$863.60M
Cash Flow from Investing Activities	$-436.20M
Cash Flow from Financial Activities	$-476.50M
Beginning Cash	$165.20M
End Cash	$116.10M
Increase/Decrease in Cash	$-49.10M
Stock-Based Compensation	--
Common Stock Dividends Paid	$-263.50M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.55
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.55
Debt to Equity Ratio	1.50
Gross Margin	65.41%
Operating Margin	30.35%
EBIT Margin	30.35%
EBITDA Margin	--
Pre-Tax Profit Margin	26.50%
Profit Margin	23.22%
Free Cash Flow	$419.10M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.06
Inventory Turnover	1.52
Receiveable Turnover	1.72
Days Sales in Receivables	52.28
Return on Equity	5.02%
Return on Tangible Equity	6.64%
Return on Assets	1.42%
Return on Investments	2.24%
Book Value Per Share	$39.35
Free Cash Flow per Share	$1.33
Operating Cash Flow per Share	$2.73

Data from Zacks Investment Research, Inc.