WEC Energy Group, Inc.

WECNYSEUtilities● Active

$111.25

$-1.70(-1.51%)

Market Cap$36.2B

P/E Ratio—

52W High$119.62

52W Low$102.49

Avg Volume2.0M

Open$112.88

Beta0.47

Free Cash Flow Financials Revenue

WEC Energy Group, Inc. (WEC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

WEC · free cash flow · updated Jun 8, 2026

Core FCF metrics

WEC · FCF · TTM · margin & CAGR

Free cash flow was −$1.02B for FY2025 (fiscal year ending 2025-12-31), down 336.5% year-over-year The FCF margin was -10.4%.

FY2025 Free Cash Flow−$1.02B▼ -336.5% YoY

Trailing 12M (TTM)−$1.11Btrailing 4 quarters sum

FCF Margin-10.4%−$1.02B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

WEC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$3.38B(4.40B)−$1.02B▼ 336.5%-10.4%

FY2024$3.21B(2.78B)$430.7M▼ 18.0%5.0%

FY2023$3.02B(2.49B)$525.5M▲ +306.7%5.9%

FY2022$2.06B(2.31B)−$254.2M▼ 15.5%-2.6%

FY2021$2.03B(2.25B)−$220.1M▼ 414.3%-2.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

WEC · P/FCF · FCF yield · FCF per share

WEC Energy Group, Inc. (WEC) reported negative free cash flow of −$1.02B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

WEC · cash flow statement · operating / investing / financing

For FY2025, WEC Energy Group, Inc. generated $3.38B in operating cash flow and spent 4.40B in capital expenditures, yielding −$1.02B in free cash flow.

Operating Activities

+$3.38B

Cash from core business operations

2025-12-31

Investing Activities

−$4.87B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$1.52B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($3.38B) − |CapEx| (4.40B) = FCF (−$1.02B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

WEC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

WEC Energy Group, Inc.YOU

WEC

−$1.02B-336.5%-10.4%

Loss

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

WEC Energy Group, Inc. (WEC) reported free cash flow of −$1.02B for FY2025 (fiscal year ending 2025-12-31), down 336.5% year-over-year. The FCF margin was -10.4%.

Based on available data, WEC Energy Group, Inc. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $679.8M in FY2016.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

WEC free cash flow · 8 questions

WEC Energy Group, Inc. free cash flow was −$1.02B for FY2025, down 336.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$1.11B.

WEC free cash flowWEC FCFWEC FCF 2025WEC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · WEC Energy Group, Inc. · WEC Energy Group, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026