Wisconsin Electric Power Co.

Wisconsin Electric Power Co.

62.02
USD
-0.02
(-0.03%)
18.62EPS
3.43P/E
2.12BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
114.16
121.94
115.78
113.93
111.5
108.89
105.04
101.14
110.08
122.27
121.51
119.55
134.99
134.94
Basic EPS, GAAP
10.81
11.32
11.29
10.94
10.08
10.76
10.88
10.98
11.45
11.92
14.44
15.42
18.83
18.58
Free Cash Flow per Basic Share
25.91
25.92
20.26
25.49
20.97
28.9
25.67
23.04
24.1
19.14
28.21
37.99
33.88
32.67
Dividend per Share
10.25
11.75
7.25
13.7
7.21
9.31
10.81
11.87
10.81
18.92
11.11
7.21
18.02
22.98
Book Value per Share
102.34
102.52
107.06
104.95
101.65
103.96
106.97
110.01
117.58
124.27
151.79
164.52
202.74
217.02
Tangible Book Value per Share
102.34
102.52
107.06
104.95
101.65
103.96
106.97
110.01
117.58
124.27
151.79
164.52
202.74
217.02
Basic Weighted Avg Shares
33
33
33
33
33
33
33
33
33
33
33
33
33
33
Sales/Revenue/Turnover
3,800
4,059
3,854
3,793
3,712
3,625
3,497
3,367
3,665
4,070
4,045
3,980
4,494
4,492
Operating Margin (%)
15.94
16.02
16.84
16.72
17.03
11.1
21.74
25.56
23.71
23.09
25.27
26.66
26.05
24.35
Depreciation Expense
285
303
324
325
332
348
384
427
458
480
525
574
630
651
Net Income, GAAP
361
378
377
366
337
360
363
367
382
398
482
514
628
620
Effective Tax Rate (%)
35.74
37.07
36
36.6
36.21
- -
- -
10.86
13.19
25.07
22.85
20.96
15.48
13.06
Profit Margin (%)
9.5
9.31
9.78
9.64
9.07
9.92
10.39
10.89
10.44
9.78
11.91
12.92
13.98
13.8
Working Capital
-44
-261
150
196
-148
-61
113
-362
-96
-165
-280
-185
-425
30
LT Debt
4,879
4,875
5,351
5,418
5,236
5,267
5,542
5,236
5,581
6,054
5,798
6,471
7,231
8,330
Total Equity
3,437
3,443
3,594
3,524
3,414
3,491
3,592
3,693
3,945
4,167
5,084
5,507
6,780
7,255
Return on Invested Capital (%)
4.43
4.6
4.57
4.38
4.4
- -
- -
8.15
7.73
6.8
7.06
6.97
7.26
6.65
Return on Capital (%)
4.97
5.04
4.97
4.79
4.5
- -
- -
8.29
7.98
7.12
7.5
7.46
7.63
7.29
Return on Common Equity (%)
10.63
11.05
10.77
10.32
9.76
10.47
10.31
10.12
10.06
9.85
10.46
9.75
10.25
9.42

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
803
262
347
LT Borrowings
4,516
4,813
5,602
LT Finance Leases
2,715
2,711
2,728
Preferred Equity and Hybrid Capital
30
30
30
Shares Outstanding
33
33
33
Market Capitalization
2,230
2,180
2,123

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,356
1,222
1,308
Cash, Cash Equivalents & STI
- -
- -
3
Accounts Receivable, Net
863
778
783
Inventories
323
296
333
Total Current Liabilities
1,781
1,104
1,278
Payables & Accruals
746
775
779
ST Debt
803
262
347
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.88%
13.18%
23.1%
Free Cash Flow
7.98%
11.05%
-10.81%
Net Income, GAAP
5.61%
11.65%
22.08%
Sales/Revenue/Turnover
1.73%
6.12%
12.91%
Total Cash Common Dividend
23.78%
28.1%
150.75%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,039
902
1,079
960
3,980
2025
1,179
1,011
- -
1,102
4,494
2026
1,322
1,057
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.03
2.56
5.09
3.74
15.42
2025
5.89
3.56
- -
3.46
18.83
2026
7.07
4.5
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.8
1.8
1.8
1.8
7.21
2025
1.8
1.8
- -
10.81
18.02
2026
1.8
8.56
- -
- -
- -

Company Description

CEO
Scott J. Lauber
Full Time Employees
2,533
Sector
Utilities
Industry
Electric utilities
Address
231 West Michigan Street Milwaukee WI United States 53203
IPO Date
Apr 8, 1994
Business
Wisconsin Electric Power Company (Welpp) generates, transmits, distributes and sells electricity to approximately 2.3 million residential, commercial and industrial customers primarily in southeastern Wisconsin and the Upper Peninsula of Michigan; it also generates, purchases, transports and sells natural gas to retail customers in those areas as well as steam for heating, processing, domestic hot water and humidification in metropolitan Milwaukee through its district energy operations. The company produces power from a diverse portfolio encompassing coal, natural gas, oil, wind, hydro, solar and biomass facilities contributing to its total generating capacity owned or leased through affiliates; additional services include electric vehicle charging programs, time-of-use rate options, customer-owned generation interconnections for renewables like solar and wind, outdoor lighting installations, power quality solutions, tree trimming and business-specific energy programs such as new construction services and energy information systems. Founded in 1896 as the Milwaukee Electric Railway and Light Company and headquartered at 231 West Michigan Street in Milwaukee, Wisconsin, Wisconsin Electric Power operates as the principal subsidiary of WEC Energy Group Inc., a Fortune 500 holding company serving 4.7 million customers across Wisconsin, Illinois, Michigan and Minnesota with combined assets including 72,400 miles of electric distribution lines and 47,000 miles of natural gas lines. In recent developments, the company jointly seeks regulatory approval with affiliates Wisconsin Public Service Corporation and Madison Gas and Electric Company to acquire hybrid solar-plus-storage projects from Invenergy—Dawn Harvest (150 MW solar, 50 MW battery) and Saratoga (100 MW solar, 50 MW battery)—with Wisconsin Electric taking majority ownership of the battery capacity at a total cost exceeding US$800 million, construction slated to start in September 2025 and commercial operations by 2027-2028; additionally, as We Energies, it filed plans in November 2025 with the Public Service Commission of Wisconsin for a nearly 3 gigawatt grid expansion including seven solar projects, one large-scale battery storage facility and two modern natural gas plants plus upgrades to existing facilities to support data centers, economic growth and reliability under a customer protection plan ensuring no cost shifting to other ratepayers.