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GuruFocus has detected 5 Warning Signs with WEC Energy Group Inc $WEC.
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WEC Energy Group Inc (NYSE:WEC)
Pre-Tax Income
$1,517 Mil (TTM As of Mar. 2017)

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 Mar. 2017 was $570 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2017 was $1,517 Mil. WEC Energy Group Inc's pretax margin was 24.74%.

During the past 13 years, WEC Energy Group Inc's highest Pretax Margin was 20.28%. The lowest was 12.97%. And the median was 17.72%.


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. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1682.1+227.3+-402.7+0+2.27373675443E-13
=1,507

WEC Energy Group Inc's Pretax Income for the quarter that ended in Mar. 2017 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=617.3+57.6+-104.7+0+1.13686837722E-13
=570

WEC Energy Group Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2017 was 295.3 (Jun. 2016 ) + 345.7 (Sep. 2016 ) + 306.1 (Dec. 2016 ) + 570.2 (Mar. 2017 ) = $1,517 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

WEC Energy Group Inc's Pretax Margin for the quarter that ended in Mar. 2017 is calculated as

Pretax Margin=Pretax Income/Revenue
=570.2/2304.5
=24.74%

During the past 13 years, WEC Energy Group Inc's highest Pretax Margin was 20.28%. The lowest was 12.97%. And the median was 17.72%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

WEC Energy Group Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 5525745917047778539179511,0741,507

WEC Energy Group Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
Pretax Income 199319144294318560295346306570
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