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WEC Energy Group Inc (NYSE:WEC)
Pretax Income
$1,467 Mil (TTM As of Jun. 2016)

Pretax income is the income that a company earns before paying income taxes. WEC Energy Group Inc's pretax income for the three months ended in Jun. 2016 was $295 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2016 was $1,467 Mil. WEC Energy Group Inc's pretax margin was 18.43%.

During the past 13 years, WEC Energy Group Inc's highest Pretax Margin was 20.28%. The lowest was 12.30%. And the median was 17.04%.


Definition

This is the income that a company earns before paying income taxes.

WEC Energy Group Inc's Pretax Income for the fiscal year that ended in Dec. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1250.5+155+-331.4+0+0
=1,074

WEC Energy Group Inc's Pretax Income for the quarter that ended in Jun. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=332.1+63.3+-100.1+0+0
=295

WEC Energy Group Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2016 was 293 (Sep. 2015 ) + 318.8 (Dec. 2015 ) + 559.6 (Mar. 2016 ) + 295.3 (Jun. 2016 ) = $1,467 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

WEC Energy Group Inc's Pretax Margin for the quarter that ended in Jun. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=295.3/1602
=18.43%

During the past 13 years, WEC Energy Group Inc's highest Pretax Margin was 20.28%. The lowest was 12.30%. And the median was 17.04%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

WEC Energy Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Pretax Income 4915525745917047778539179511,074

WEC Energy Group Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Pretax Income 338207207199319144293319560295
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