WEC Cost Of Revenue from 2010 to 2024

WEC Stock  USD 101.05  0.77  0.76%   
WEC Energy's Cost Of Revenue is increasing over the years with slightly volatile fluctuation. Overall, Cost Of Revenue is expected to go to about 5.6 B this year. During the period from 2010 to 2024 WEC Energy Cost Of Revenue annual values regression line had geometric mean of  3,541,957,494 and mean square error of 545136.1 T. View All Fundamentals
 
Cost Of Revenue  
First Reported
1994-03-31
Previous Quarter
1.3 B
Current Value
1.1 B
Quarterly Volatility
527 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WEC Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WEC Energy's main balance sheet or income statement drivers, such as Total Revenue of 9.3 B, Gross Profit of 2.5 B or Operating Income of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.13, Dividend Yield of 0.0388 or PTB Ratio of 1.54. WEC financial statements analysis is a perfect complement when working with WEC Energy Valuation or Volatility modules.
  
Check out the analysis of WEC Energy Correlation against competitors.

Latest WEC Energy's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of WEC Energy Group over the last few years. Cost of Revenue is found on WEC Energy Group income statement and represents the costs associated with goods and services WEC Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is WEC Energy's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WEC Energy's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

WEC Cost Of Revenue Regression Statistics

Arithmetic Mean4,122,565,667
Geometric Mean3,541,957,494
Coefficient Of Variation38.59
Mean Deviation1,259,292,533
Median4,832,900,000
Standard Deviation1,590,717,281
Sample Variance2530381.5T
Range6B
R-Value0.89
Mean Square Error545136.1T
R-Squared0.80
Slope318,133,911
Total Sum of Squares35425340.5T

WEC Cost Of Revenue History

20245.6 B
20235.3 B
20226.3 B
20215.3 B
20204.4 B
20194.9 B
20185.2 B

About WEC Energy Financial Statements

WEC Energy stakeholders use historical fundamental indicators, such as WEC Energy's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although WEC Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in WEC Energy's assets and liabilities are reflected in the revenues and expenses on WEC Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in WEC Energy Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue5.3 B5.6 B

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When determining whether WEC Energy Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEC Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wec Energy Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wec Energy Group Stock:
Check out the analysis of WEC Energy Correlation against competitors.
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Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WEC Energy. If investors know WEC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WEC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
3.285
Earnings Share
4.09
Revenue Per Share
27.023
Quarterly Revenue Growth
(0.05)
The market value of WEC Energy Group is measured differently than its book value, which is the value of WEC that is recorded on the company's balance sheet. Investors also form their own opinion of WEC Energy's value that differs from its market value or its book value, called intrinsic value, which is WEC Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WEC Energy's market value can be influenced by many factors that don't directly affect WEC Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WEC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEC Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.