WEC Energy Group
WEC
#661
Rank
โ‚น2.549 T
Marketcap
โ‚น8,059
Share price
1.33%
Change (1 day)
17.72%
Change (1 year)

Operating Margin for WEC Energy Group (WEC)

Operating Margin as of December 2024 (TTM): 17.25%

According to WEC Energy Group's latest financial reports and stock price the company's current Operating Margin is 17.25%. At the end of 2023 the company had an Operating Margin of 25.45%.

Operating Margin history for WEC Energy Group from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202325.45%8.67%
202223.42%-1.13%
202123.69%-10.79%
202026.55%13.43%
201923.41%7.31%
201821.82%-16.74%
201726.20%2.54%
201625.55%7.74%
201523.72%-0.53%
201423.84%-7.7%
201325.83%-0.35%
201225.92%14.87%
201122.57%4.14%
201021.67%18.82%
200918.24%10.92%
200816.44%10.86%
200714.83%4.26%
200614.23%-3.58%
200514.75%-5.19%
200415.56%6.76%
200314.58%5.5%
200213.82%-10.28%
200115.40%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
17.55% 1.74%๐Ÿ‡บ๐Ÿ‡ธ USA
12.78%-25.91%๐Ÿ‡บ๐Ÿ‡ธ USA
17.86% 3.54%๐Ÿ‡บ๐Ÿ‡ธ USA
12.32%-28.58%๐Ÿ‡บ๐Ÿ‡ธ USA
16.40%-4.93%๐Ÿ‡บ๐Ÿ‡ธ USA
9.33%-45.91%๐Ÿ‡บ๐Ÿ‡ธ USA
11.43%-33.74%๐Ÿ‡บ๐Ÿ‡ธ USA
7.85%-54.49%๐Ÿ‡บ๐Ÿ‡ธ USA
21.07% 22.14%๐Ÿ‡บ๐Ÿ‡ธ 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.