FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

WEC
2026-06-30 · figures in $M

FCF DOWN

Free cash flow moved from $430.7M to -$1.0B — the lowest of its last 8 readings.

CASH FROM OPS +5.2%
3,379 34.5% MGN
CAPITAL EXPENDITURE +58.1%
4,398
FREE CASH FLOW —
-1,019
FCF / NET INCOME —
-0.65× TARGET >1.0×
Cash flow FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY TTM 8Q
Net income
1,060 1,135 1,201 1,298 1,410 1,332 1,524 1,556 +2.0% 1,694 2024-09-30 · $238.6M2024-12-31 · $453.1M2025-03-31 · $725.5M2025-06-30 · $243.0M2025-09-30 · $270.2M2025-12-31 · $316.8M2026-03-31 · $806.1M2026-06-30 · $301.0M
Depreciation & amortization
846 926 976 1,074 1,123 1,264 1,354 1,478 +9.2% 1,514
Cash from operations
2,446 2,346 2,196 2,033 2,061 3,018 3,212 3,379 +5.2% 3,574 2024-09-30 · $729.0M2024-12-31 · $581.8M2025-03-31 · $1.2B2025-06-30 · $853.3M2025-09-30 · $938.9M2025-12-31 · $424.6M2026-03-31 · $1.2B2026-06-30 · $992.3M
Cash conversion
2.31× 2.07× 1.83× 1.57× 1.46× 2.27× 2.11× 2.17× +3.1% 2.11×
Capital expenditures
(2,417) (2,529) (2,874) (2,373) (2,697) (2,493) (2,781) (4,398) +58.1% —
Free cash flow
28 -184 -678 -340 -636 526 431 -1,019 — — 2024-09-30 · -$67.3M2025-03-31 · $461.5M2025-06-30 · $23.9M2025-09-30 · -$625.7M2026-03-31 · $400.5M2026-06-30 · -$269.7M
FCF margin
0.4% -2.4% -9.4% -4.1% -6.6% 5.9% 5.0% -10.4% — —
Cash from investing
-2,384 -2,495 -2,807 -2,312 -2,642 -3,558 -3,802 -4,875 — -5,102
Dividends paid
697 744 798 855 918 984 1,056 1,148 +8.7% 1,199
Share repurchases
72 140 99 33 69 17 3 1 -59.4% —
Debt repayment
953 360 1,767 1,260 92 1,005 2,138 1,729 -19.1% 2,350
Cash from financing
26 86 601 294 676 523 468 1,524 3.3× 1,555
Net change in cash
88 -64 -10 15 95 -17 -123 29 — 27
Ending cash balance
84 38 25 16 29 43 10 28 +181.6% 50

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM431 CASH FROM OPERATIONS+168 CAPITAL EXPENDITURES-1,617 ROUNDING-1 TO-1,019
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-04 ↗