WEC

WEC Energy Group

Halal Rating :
Uncomfortable
Last Price $94.51 Last updated:
Market Cap $29.4b
7D Change -1.28%
1 Year Change 14.77%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Transportation
  • Communications
  • Electric
  • Gas
  • And Sanitary Services
  • Utilities
  • Electric And Other Services Combined
Exchange NYSE
Next Earnings Date Oct. 31, 2024

WEC Energy Group is one of the largest electric and natural gas delivery holding companies in the United States. The company serves approximately 4.6 million customers across Wisconsin, Illinois, Michigan, and Minnesota. Their main business activities include electric generation, natural gas distribution, and renewable energy development.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $1.86b $1.68b - $204.2m 0.00% 12.13%
June 30, 2024 $1.77b $1.61b - $200.6m 0.00% 12.48%
March 31, 2024 $2.68b $2.06b - $192.0m 0.00% 9.33%

Company Impact

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