WEC Energy Group Inc
Q4 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: −0.06%.
Did WEC Beat Earnings? Q4 2025 Results
WEC Energy Group delivered a solid beat to close out 2025, with adjusted fourth-quarter earnings of $1.42 per share edging past the $1.38 analyst consensus by 2.90%, while revenue of $2.54 billion topped estimates by 23.92% and climbed 11.1% year over year. The headline numbers strip out a $205 million pre-tax charge tied to a proposed settlement with the Illinois Attorney General resolving longstanding disputes over the company's QIP and UEA utility riders — a one-time hit that dragged reported GAAP EPS down to $0.97 from $1.43 in the year-ago quarter. Beneath that noise, WEC's underlying business showed genuine momentum, with full-year adjusted EPS rising 8.0% to $5.27 and retail electricity deliveries growing 2.2% as data center demand and large customer expansion bolstered the load outlook across its regulated footprint in Wisconsin, Illinois, Michigan, and Minnesota. Management reaffirmed 2026 guidance of $5.51 to $5.61 per share and a long-term EPS compound annual growth rate of 7–8%, signaling confidence that its <a href="https://247wallst.com/investing/2026/02/24/nrg-energy-doubles-generation-capacity-and-targets-14-eps-growth-through-2030/">aggressive infrastructure investment</a> cycle — with 2025 capital expenditures reaching $4.40 billion — will continue to generate durable returns.
- Retail electricity deliveries (excluding iron ore mine) increased 2.2% for the full year
- Residential electricity use increased 3.5%
- Small commercial and industrial electricity consumption up 1.6%
- Large commercial and industrial electricity use (excluding iron ore mine) up 1.6%
- Natural gas deliveries in Wisconsin up 11.5% for the year
- Adjusted EPS growth of 8.0% year-over-year for full year 2025
- Full-year consolidated revenues increased approximately $1.2 billion
“We delivered another year of solid results — from operational efficiency to customer care to financial performance.”
WEC Energy Group CEO, on the earnings call
Forward Guidance & Outlook
WEC Energy Group reaffirmed its 2026 earnings guidance of $5.51 to $5.61 per share, consistent with the company's short-term projected EPS growth guidance. The company projects long-term EPS growth of 7 to 8 percent on a compound annual basis over the next five years. Management highlighted significant growth opportunities ahead and continues to focus on enhancing value for customers and stockholders.
WEC YoY Financials
Figures from SEC filings and company reports. Not investment advice.