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Public Service Enterprise vs Wec Energy: revenue, profit, margins and growth compared

Public Service Enterprise brought in $12.2B of revenue in fiscal 2025, Wec Energy $9.8B in fiscal 2025. Revenue changed by +18.3% at Public Service Enterprise and +14.0% at Wec Energy on the year before, so Public Service Enterprise grew faster. Public Service Enterprise kept 17.3% of its revenue as net profit, Wec Energy 15.9%.

Side by side, latest fiscal year

PEGWEC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$12.2B$9.8B
Revenue growth+18.3%+14.0%
Net income$2.1B$1.6B
Net margin17.3%15.9%
Free cash flow$26Mn/a
Free cash flow margin0.2%n/a
Earnings per share (diluted)$4.22$4.81
Cash$132M$27.6M
Debt$22.5B$20B
Price to earnings15.921.1
Market value$33.4B$33.1B
Dividend yield3.76%3.52%
Rank by revenue in sector#27 of 109 · Utilities#29 of 109 · Utilities

Over the years

Revenue
PEG FY2018: $9.7BPEG FY2019: $10.1BPEG FY2020: $9.6BPEG FY2021: $10.3BPEG FY2022: $11.2BPEG FY2023: $11.2BPEG FY2024: $10.3BPEG FY2025: $12.2BWEC FY2018: $7.7BWEC FY2019: $7.5BWEC FY2020: $7.2BWEC FY2021: $8.3BWEC FY2022: $9.6BWEC FY2023: $8.9BWEC FY2024: $8.6BWEC FY2025: $9.8BFY18FY19FY20FY21FY22FY23FY24FY25
PEG $12.2BWEC $9.8B
Net income
PEG FY2018: $1.4BPEG FY2019: $1.7BPEG FY2020: $1.9BPEG FY2021: -$648MPEG FY2022: $1BPEG FY2023: $2.6BPEG FY2024: $1.8BPEG FY2025: $2.1BWEC FY2018: $1.1BWEC FY2019: $1.1BWEC FY2020: $1.2BWEC FY2021: $1.3BWEC FY2022: $1.4BWEC FY2023: $1.3BWEC FY2024: $1.5BWEC FY2025: $1.6BFY18FY19FY20FY21FY22FY23FY24FY25
PEG $2.1BWEC $1.6B
Net margin
PEG FY2018: 14.8%PEG FY2019: 16.8%PEG FY2020: 19.8%PEG FY2021: -6.3%PEG FY2022: 9.2%PEG FY2023: 22.8%PEG FY2024: 17.2%PEG FY2025: 17.3%WEC FY2018: 13.8%WEC FY2019: 15.1%WEC FY2020: 16.6%WEC FY2021: 15.6%WEC FY2022: 14.7%WEC FY2023: 15.0%WEC FY2024: 17.8%WEC FY2025: 15.9%FY18FY19FY20FY21FY22FY23FY24FY25
PEG 17.3%WEC 15.9%
Revenue growth
PEG FY2019: +3.9%PEG FY2020: -4.7%PEG FY2021: +7.4%PEG FY2022: +8.9%PEG FY2023: +0.1%PEG FY2024: -8.4%PEG FY2025: +18.3%WEC FY2019: -2.0%WEC FY2020: -3.7%WEC FY2021: +14.8%WEC FY2022: +15.4%WEC FY2023: -7.3%WEC FY2024: -3.3%WEC FY2025: +14.0%FY19FY20FY21FY22FY23FY24FY25
PEG +18.3%WEC +14.0%
Free cash flow
PEG FY2018: -$999MPEG FY2019: $213MPEG FY2020: $179MPEG FY2021: -$983MPEG FY2022: -$1.4BPEG FY2023: $481MPEG FY2024: -$1.2BPEG FY2025: $26MWEC FY2018: $28.4MWEC FY2019: -$183.5MWEC FY2020: -$678.3MWEC FY2021: -$340MWEC FY2022: -$636.2MFY18FY19FY20FY21FY22FY23FY24FY25
PEG $26MWEC -$636.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Public Service Enterprise and Wec Energy

Which is bigger by revenue, Public Service Enterprise or Wec Energy?

Public Service Enterprise is bigger by revenue: $12.2B in fiscal 2025, against $9.8B for Wec Energy in fiscal 2025.

Which keeps more of its revenue as profit, Public Service Enterprise or Wec Energy?

Public Service Enterprise had a net margin of 17.3% in fiscal 2025; Wec Energy had 15.9% in fiscal 2025.

Which grew revenue faster, Public Service Enterprise or Wec Energy?

In their latest fiscal years revenue changed by +18.3% at Public Service Enterprise and +14.0% at Wec Energy.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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