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WEC Energy Group WEC

WEC Energy Group scores average on business quality (4.9 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$103.74Oct 9, 2026
Business qualityAverage
Next earningsNov 3, 2026, before the open
Insiders, 90 daysSelling

Why it matters

  1. What WEC Energy Group does

    WEC Energy Group supplies regulated electricity and natural gas to millions of customers in Wisconsin and neighboring states, generating predictable revenue through state-approved utility rates. The company is directing capital toward large-scale infrastructure investments to expand its generation capacity.

  2. What it does best

    WEC operates as a regulated monopoly in its core service areas, creating insurmountable customer switching costs. Its revenue growth sits in the top quartile of its sector at 81st percentile, outpacing peers like ED at 10.9%.

  3. The main risk

    High capital expenditures are driving negative free cash flow of $1.4B, forcing heavy reliance on debt markets while interest coverage sits thin at 2.5x.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityFair

Operating margin sits at 22.8% with a net margin of 16.7%, though negative free cash flow of $1.4B shows scale doesn't convert smoothly to cash.

MoatFair

Regulated utility status locks in regional consumers completely, placing its gross margin in the sector's top quartile range.

GrowthSteady

Revenue grew 14% to $10.1B, showing a rebound from recent years but straining cash generation due to heavy reinvestment.

Financial healthFair

Debt-to-equity of 1.6x and interest coverage of 2.5x leave little room for error as heavy capital spending drains cash.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 sold $103K outside pre-planned sales.

Our sealed record on WEC

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is WEC a good business?

WEC Energy Group scores average on the Cluenex quality check (4.9 of 10), measured against its own industry. Profitability is fair, moat fair, growth steady and financial health fair.

Are insiders buying WEC?

In the last 90 days of SEC Form 4 filings: 1 sold $103K outside pre-planned sales.

When does WEC report earnings?

Nov 3, 2026, before the open.

For members

See WEC today

  • Today's verdict on WEC, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “WEC Energy Group (WEC)”, https://cluenex.com/stocks/wec/, data as of Oct 10, 2026.