WEC Energy Group is the largest Midwest utility, with approximately $29 billion of rate base and derives most of its earnings derived from regulated operations. Nearly 75% of earnings come from areas with constructive Wisconsin and Federal Energy Regulatory Commission regulation. Its regulated-like commercial renewable energy business accounts for the remainder of earnings.
Wisconsin, representing nearly two thirds of WEC Energy's business, is a favorable regulatory environment with a forward-looking test year and earned returns above the national average.
WEC Energy's large investment plan increases regulatory risk.
|
Metric
|
WEC
|
LNT
|
AEP
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.71 | 17.74 | 16.25 |
Price/Book Value | 2.04 | 1.87 | 1.79 |
Price/Sales | 2.85 | 3.18 | 2.38 |
Price/Cash Flow | 8.32 | 9.30 | 7.38 |
|
Metric
|
WEC
|
LNT
|
AEP
|
|---|---|---|---|
Quick Ratio | 0.34 | 0.23 | 0.27 |
Current Ratio | 0.55 | 0.56 | 0.54 |
Interest Coverage | 3.23 | 2.60 | 2.45 |
|
Metric
|
WEC
|
LNT
|
AEP
|
|---|---|---|---|
Return on Assets (Normalized) | 3.57% | 3.64% | 2.96% |
Return on Equity (Normalized) | 13.16% | 11.43% | 11.46% |
Return on Invested Capital (Normalized) | 7.23% | 6.89% | 6.24% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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