Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). WEC Energy Group's share price for the quarter that ended in Dec. 2023 was $84.17. WEC Energy Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 315 Mil. Therefore, WEC Energy Group's market cap for the quarter that ended in Dec. 2023 was $26,550 Mil.
WEC Energy Group's quarterly market cap
declined
from Jun. 2023 ($27,834 Mil) to Sep. 2023 ($25,408 Mil) but then
increased
from Sep. 2023 ($25,408 Mil) to Dec. 2023 ($26,550 Mil).
WEC Energy Group's annual market cap
declined
from Dec. 2021 ($30,619 Mil) to Dec. 2022 ($29,575 Mil) and
declined
from Dec. 2022 ($29,575 Mil) to Dec. 2023 ($26,550 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. WEC Energy Group's Enterprise Value for Today is $44,698 Mil.
WEC Energy Group Market Cap Historical Data
The historical data trend for WEC Energy Group's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Electric subindustry, WEC Energy Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
WEC Energy Group Market Cap Distribution
For the Utilities - Regulated industry and Utilities sector, WEC Energy Group's Market Cap distribution charts can be found below:
* The bar in red indicates where WEC Energy Group's Market Cap falls into.
WEC Energy Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
WEC Energy Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WEC Energy Group (NYSE:WEC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
WEC Energy Group Market Cap Related Terms
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WEC Energy Group (WEC Energy Group) Business Description
WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 5% unregulated renewable energy.
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