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WEC Energy Group (WEC) Financial Forecast Calculator

Interactive 5-year forecast and DCF for WEC Energy Group. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from WEC Energy Group’s most recent SEC filings.

Revenue FY30
$10.96B
from $8.89B
FCF FY30
$3.81B
Margin 34.7%
Enterprise value
$58.37B
6.6× LTM revenue
Equity value
$40.12B
Net debt $18.25B
Revenue & free cash flow - history and 5-year forecast
Line (area)
Bars
Historicals from SEC EDGAR (grey). Forecast years (color) update live as you move the sliders.

Assumptions

Revenue growth (annual)
4.3%
-10.0%baseline 4.3%40.0%
Gross margin
62.2%
5.0%baseline 62.2%90.0%
Capex % of revenue
15.8%
0.0%baseline 15.8%30.0%
WACC (discount rate)
9.00%
4.0%baseline 9.0%18.0%
Terminal growth
2.50%
0.0%baseline 2.5%5.0%

Need this as an Excel model?

Keep iterating on the WEC Energy Group forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.

income_statement.xlsx
Income statement, brown brand palette
income_statement.xlsx
Income statement, green brand palette
income_statement.xlsx
Income statement, red brand palette

Frequently asked

What does WEC Energy Group do?+

WEC Energy Group is one of the largest electric and natural gas delivery companies in the United States, serving approximately 4.7 million retail customers. The company operates primarily through regulated utility subsidiaries, providing electricity and natural gas, and also invests in non-utility renewable energy infrastructure.

How does WEC Energy Group generate revenue?+

WEC Energy Group primarily generates revenue through its regulated utility operations, providing electric and natural gas services to residential, commercial, and industrial customers. Its business model relies heavily on capital investment in its rate base, which drives regulated earnings and growth.

What are WEC Energy Group's key capital expenditure plans?+

WEC Energy Group has a significant capital investment plan totaling $37.5 billion for the 2026-2030 forecast horizon. This includes substantial investments of $12.6 billion for regulated renewables and $7.4 billion for thermal generation and LNG capacity.

What is WEC Energy Group's typical net working capital profile?+

WEC Energy Group typically exhibits a negative net working capital profile, which is standard for utility companies. This is because utilities often use short-term debt and operating cash flow to fund their massive capital programs.

What are the main assumptions used in the WEC Energy Group financial model?+

Key assumptions in the WEC Energy Group financial model include a revenue growth rate of approximately 4.27% and COGS as 37.75% of revenue. Other significant assumptions are SGA at 15% of revenue, a tax rate of about 14.24%, and Capex as 15.77% of revenue.

Can I download an Excel financial model for WEC Energy Group?+

Yes, an Excel financial model for WEC Energy Group is available for download. This model provides a comprehensive equity valuation and rate-base growth analysis, with a forecast horizon extending from FY2026 to FY2030.

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