FINHUB Insights

WEC · Q3 FY24 · Jul 1 – Sep 30, 2024

WEC Energy Q3 FY24: where the revenue came from and where it went

WEC Energy Q3 FY24: revenue $1.9B (−5% year over year). Net profit $0.2B. Largest cohort Public Utility $1.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2024
Reported
Nov 1, 2024 10-Q
Sankey diagram of WEC Energy's income statement for Q3 FY24: revenue of $1.9 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.9B −5% year over year
Gross profit$1.3B 72% margin
Operating profit$0.4B 21% margin
Net profit$0.2B 13% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY24 (period ends Sep 30, 2024).
ItemValueShare of revenueYear over year
Revenue 1.9 100% −5%
Public Utility 1.8 95% −5%
Other States 0.1 5% +11%
Cost of revenue−0.526%
Gross profit1.372% margin+2pp
Operating expenses−151%+0pp
Operating profit0.421% margin−4pp
Interest & other costs−0.2
Net profit0.213%−3pp
Filing on EDGAR More quarters of WEC

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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