WEC Energy Group
WEC
$82.81
Share price
0.22%
Change (1 day)
-15.68%
Change (1 year)
Categories
Operating Margin for WEC Energy Group (WEC)
Operating Margin as of April 2024 (TTM): 17.31%
According to WEC Energy Group's latest financial reports and stock price the company's current Operating Margin is 17.31%. At the end of 2022 the company had an Operating Margin of 23.42%.
Operating Margin history for WEC Energy Group from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 23.42% | -1.13% |
| 2021 | 23.69% | -10.79% |
| 2020 | 26.55% | 13.43% |
| 2019 | 23.41% | 7.31% |
| 2018 | 21.82% | -16.74% |
| 2017 | 26.20% | 2.54% |
| 2016 | 25.55% | 7.74% |
| 2015 | 23.72% | -0.53% |
| 2014 | 23.84% | -7.7% |
| 2013 | 25.83% | -0.35% |
| 2012 | 25.92% | 31.07% |
| 2011 | 19.78% | -8.73% |
| 2010 | 21.67% | 19.08% |
| 2009 | 18.20% | 367.45% |
| 2008 | 3.89% | -73.75% |
| 2007 | 14.83% | 4.26% |
| 2006 | 14.23% | -3.58% |
| 2005 | 14.75% | 41.83% |
| 2004 | 10.40% | -23.43% |
| 2003 | 13.59% | 10.83% |
| 2002 | 12.26% | -20.39% |
| 2001 | 15.40% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 16.83% | -2.77% | 🇺🇸 USA |
 Ameren
AEE | 15.77% | -8.90% | 🇺🇸 USA |
 CMS Energy
CMS | 10.49% | -39.40% | 🇺🇸 USA |
 DTE Energy
DTE | 8.75% | -49.45% | 🇺🇸 USA |
 Duke Energy DUK | 14.78% | -14.62% | 🇺🇸 USA |
 Xcel Energy XEL | 10.45% | -39.63% | 🇺🇸 USA |
 MGE Energy
MGEE | 19.19% | 10.86% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 2.10% | -87.87% | 🇺🇸 USA |
 Avista
AVA | 8.06% | -53.44% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.