WEC Energy Group Inc (WEC)
81.03
+1.77
(+2.23%)
USD |
NYSE |
May 31, 16:00
81.02
-0.01
(-0.01%)
Pre-Market: 20:00
WEC Energy Group Gross Profit Margin (Quarterly): 45.60% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 45.60% |
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% |
Date | Value |
---|---|
December 31, 2017 | 32.07% |
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% |
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
45.60%
Maximum
Mar 2024
38.09%
Average
37.26%
Median
Gross Profit Margin (Quarterly) Benchmarks
NiSource Inc | 52.92% |
Consolidated Edison Inc | 55.79% |
NextEra Energy Inc | 59.36% |
CMS Energy Corp | 42.97% |
Duke Energy Corp | 48.56% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 11.94% |
Return on Assets | 3.33% |
Return on Invested Capital | 4.76% |
Profit Margin (Quarterly) | 23.23% |
Operating Margin (Quarterly) | 30.35% |
Return on Net Operating Assets | 3.95% |