Wec Energy Group
Wec Energy Group returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 6.11% | 5.07% | 2.03% | — | 3.35% | 1.7 pp |
| FY 2026 Q1 | Mar 31, 2026 | 6.12% | 5.1% | 3.77% | — | 3.27% | 1.7 pp |
| FY 2025 Q4 | Dec 31, 2025 | 6.07% | 5.08% | 6.58% | — | 3.15% | 1.7 pp |
| FY 2025 Q3 | Sep 30, 2025 | 6.53% | 5.55% | 14.42% | — | 3.56% | 2.1 pp |
| FY 2025 Q2 | Jun 30, 2025 | 6.48% | 5.46% | 13.24% | — | 3.57% | 2.1 pp |
| FY 2025 Q1 | Mar 31, 2025 | 6.3% | 5.58% | 9.67% | — | 3.53% | 1.9 pp |
| FY 2024 Q4 | Dec 31, 2024 | 5.91% | 5.29% | 11.32% | — | 3.34% | 1.5 pp |
| FY 2024 Q3 | Sep 30, 2024 | 5.41% | 4.73% | 1.22% | — | 2.91% | 1 pp |
| FY 2024 Q2 | Jun 30, 2024 | 5.65% | 4.98% | 15.25% | — | 3.12% | 1.3 pp |
| FY 2024 Q1 | Mar 31, 2024 | 5.86% | 5.25% | 20.5% | — | 3.34% | 1.5 pp |
| FY 2023 Q4 | Dec 31, 2023 | 5.54% | 5.02% | 4.54% | — | 3.1% | 1.1 pp |
| FY 2023 Q3 | Sep 30, 2023 | 5.69% | 5.07% | 4.33% | — | 3.24% | 1.3 pp |
| FY 2023 Q2 | Jun 30, 2023 | 5.56% | 5.03% | 0.69% | — | 3.27% | 1.2 pp |
| FY 2023 Q1 | Mar 31, 2023 | 5.5% | 4.98% | 0.6% | — | 3.3% | 1.1 pp |
| FY 2022 Q4 | Dec 31, 2022 | 5.63% | 5.31% | 3.64% | — | 3.49% | 1.2 pp |
| FY 2022 Q3 | Sep 30, 2022 | 5.78% | 5.19% | 1.95% | — | 3.49% | 1.4 pp |
| FY 2022 Q2 | Jun 30, 2022 | 5.95% | 5.29% | 5.56% | — | 3.54% | 1.5 pp |
| FY 2022 Q1 | Mar 31, 2022 | 5.87% | 5.22% | 7.68% | — | 3.54% | 1.5 pp |
| FY 2021 Q4 | Dec 31, 2021 | 5.76% | 5.04% | 2.94% | — | 3.42% | 1.4 pp |
| FY 2021 Q3 | Sep 30, 2021 | 6.12% | 5.23% | 3.5% | — | 3.56% | 1.7 pp |
| FY 2021 Q2 | Jun 30, 2021 | 6.1% | 5.27% | 3.49% | — | 3.55% | 1.7 pp |
| FY 2021 Q1 | Mar 31, 2021 | 5.99% | 5.19% | 1.25% | — | 3.48% | 1.6 pp |
| FY 2020 Q4 | Dec 31, 2020 | 5.99% | 5.28% | 2.76% | — | 3.34% | 1.6 pp |
| FY 2020 Q3 | Sep 30, 2020 | 6.23% | 5.3% | 9.06% | — | 3.46% | 1.8 pp |
| FY 2020 Q2 | Jun 30, 2020 | 6.23% | 5.28% | 7.66% | — | 3.4% | 1.8 pp |
| FY 2020 Q1 | Mar 31, 2020 | 6.35% | 5.14% | 10.96% | — | 3.4% | 1.9 pp |
| FY 2019 Q4 | Dec 31, 2019 | 6.2% | 4.95% | 8.15% | — | 3.32% | 1.8 pp |
| FY 2019 Q3 | Sep 30, 2019 | 6.11% | 4.82% | -12.39% | — | 3.28% | 1.7 pp |
| FY 2019 Q2 | Jun 30, 2019 | 6.17% | 4.88% | -9.73% | — | — | 1.8 pp |
| FY 2019 Q1 | Mar 31, 2019 | 6.1% | 4.97% | -8.35% | — | — | 1.7 pp |
| FY 2018 Q4 | Dec 31, 2018 | 6.02% | 5.08% | -8.26% | — | 3.26% | 1.6 pp |
| FY 2018 Q3 | Sep 30, 2018 | 7.34% | 5.59% | 28.77% | — | 4.05% | 2.9 pp |
| FY 2018 Q2 | Jun 30, 2018 | — | 5.94% | — | — | — | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 6.1% | — | — | — | — |
| FY 2017 Q4 | Dec 31, 2017 | 6.84% | 6.44% | 21.94% | 13.05% | 3.9% | 2.4 pp |
| FY 2017 Q3 | Sep 30, 2017 | — | 6.26% | — | — | — | — |
| FY 2017 Q2 | Jun 30, 2017 | — | 6.35% | — | — | — | — |
| FY 2017 Q1 | Mar 31, 2017 | — | 6.24% | — | — | — | — |
| FY 2016 Q4 | Dec 31, 2016 | 5.51% | 6.19% | 353.3% | 10.64% | — | 1.1 pp |
| FY 2016 Q3 | Sep 30, 2016 | — | 6.35% | — | — | — | — |
| FY 2016 Q2 | Jun 30, 2016 | — | 6.25% | — | — | — | — |
| FY 2016 Q1 | Mar 31, 2016 | — | 7.32% | — | — | — | — |
| FY 2015 Q4 | Dec 31, 2015 | 5.21% | 6.23% | 0.6% | 9.74% | 2.88% | 0.8 pp |
| FY 2015 Q3 | Sep 30, 2015 | — | 5.6% | — | — | 2.67% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | 5.16% | — | — | 2.43% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | 8.08% | — | — | 3.85% | — |
| FY 2014 Q4 | Dec 31, 2014 | 7.24% | 8.31% | 5.38% | 13.6% | 3.93% | 2.8 pp |
| FY 2014 Q3 | Sep 30, 2014 | — | 8.53% | — | — | 4.2% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 8.64% | — | — | 4.3% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 8.65% | — | — | 4.18% | — |
| FY 2013 Q4 | Dec 31, 2013 | 7.24% | 8.27% | 45.01% | 13.8% | 3.97% | 2.8 pp |
| FY 2013 Q3 | Sep 30, 2013 | — | 7.91% | — | — | 3.77% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 8.1% | — | — | 3.9% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 7.99% | — | — | 3.92% | — |
| FY 2012 Q4 | Dec 31, 2012 | 6.88% | 7.9% | 58.63% | 13.49% | 3.88% | 2.5 pp |
| FY 2012 Q3 | Sep 30, 2012 | — | 8.06% | — | — | 4.16% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | 7.67% | — | — | 3.98% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | 7.24% | — | — | 3.91% | — |
| FY 2011 Q4 | Dec 31, 2011 | 6.47% | 7.44% | 14.81% | 13.55% | 3.91% | 2.1 pp |
| FY 2011 Q3 | Sep 30, 2011 | — | 7.82% | — | — | 4.13% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 7.74% | — | — | 4.02% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | 7.53% | — | — | 3.84% | — |
| FY 2010 Q4 | Dec 31, 2010 | 6.31% | 7.32% | 9.09% | 12.39% | 3.54% | 1.9 pp |
| FY 2010 Q3 | Sep 30, 2010 | — | 7.37% | — | — | — | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 6.46% | — | — | — | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 4.4%, rounded from the Utility · General benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · WEC, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.