WEC Energy Q3 FY24: where the revenue came from and where it went
The whole income statement of WEC Energy for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2024
- Reported
- Nov 1, 2024
Revenue$1.86B
−5% year over year
Gross profit$1.34B
72% margin
Operating profit$0.38B
21% margin
Net profit$0.24B
13% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.86 | 100% | −5% |
| Public utility | 1.82 | 97% | −5% |
| Other States | 0.05 | 3% | +11% |
| Cost of revenue | −0.52 | 28% | |
| Gross profit | 1.34 | 72% margin | +2pp |
| Operating expenses | −0.96 | 51% | +0pp |
| Operating profit | 0.38 | 21% margin | −4pp |
| Interest & other costs | −0.11 | ||
| Tax | −0.03 | ||
| Net profit | 0.24 | 13% margin | −3pp |
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