WEC Energy Group Inc (WEC)
81.96
-0.01
(-0.01%)
USD |
NYSE |
Apr 23, 16:00
81.95
-0.01
(-0.01%)
Pre-Market: 06:03
WEC Energy Group Gross Profit Margin (Quarterly): 40.70% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 40.70% |
| September 30, 2023 | 43.60% |
| June 30, 2023 | 43.77% |
| March 31, 2023 | 36.16% |
| December 31, 2022 | 29.03% |
| September 30, 2022 | 37.12% |
| June 30, 2022 | 34.96% |
| March 31, 2022 | 36.80% |
| December 31, 2021 | 29.75% |
| September 30, 2021 | 40.77% |
| June 30, 2021 | 40.96% |
| March 31, 2021 | 35.15% |
| December 31, 2020 | 34.72% |
| September 30, 2020 | 40.55% |
| June 30, 2020 | 40.75% |
| March 31, 2020 | 43.55% |
| December 31, 2019 | 33.54% |
| September 30, 2019 | 36.97% |
| June 30, 2019 | 37.40% |
| March 31, 2019 | 34.37% |
| December 31, 2018 | 26.72% |
| September 30, 2018 | 34.46% |
| June 30, 2018 | 35.10% |
| March 31, 2018 | 35.10% |
| December 31, 2017 | 32.07% |
| Date | Value |
|---|---|
| September 30, 2017 | 38.71% |
| June 30, 2017 | 37.38% |
| March 31, 2017 | 37.27% |
| December 31, 2016 | 31.44% |
| September 30, 2016 | 37.39% |
| June 30, 2016 | 35.69% |
| March 31, 2016 | 37.56% |
| December 31, 2015 | 33.00% |
| September 30, 2015 | 33.68% |
| June 30, 2015 | 30.39% |
| March 31, 2015 | 35.54% |
| December 31, 2014 | 30.20% |
| September 30, 2014 | 36.44% |
| June 30, 2014 | 35.38% |
| March 31, 2014 | 30.06% |
| December 31, 2013 | 29.78% |
| September 30, 2013 | 36.50% |
| June 30, 2013 | 35.13% |
| March 31, 2013 | 34.97% |
| December 31, 2012 | 30.47% |
| September 30, 2012 | 38.76% |
| June 30, 2012 | 36.32% |
| March 31, 2012 | 34.72% |
| December 31, 2011 | -54.27% |
| September 30, 2011 | 60.10% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
29.03%
Minimum
Dec 2022
43.77%
Maximum
Jun 2023
37.70%
Average
37.12%
Median
Sep 2022
Gross Profit Margin (Quarterly) Benchmarks
| NextEra Energy Inc | 64.13% |
| NiSource Inc | 48.80% |
| Consolidated Edison Inc | 50.46% |
| Southern Co | 41.16% |
| CMS Energy Corp | 42.72% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 11.14% |
| Return on Assets | 3.10% |
| Return on Invested Capital | 4.45% |
| Profit Margin (Quarterly) | 9.87% |
| Operating Margin (Quarterly) | 23.46% |
| Return on Net Operating Assets | 3.68% |