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WEC Energy GroupWEC +0.92%81 Debt-to-Equity is 1.58 as of Mar. 2026, which is 18% above its 10-year median of 1.34. GuruFocus rates WEC with a GF Score™ of 81/100 and a GF Value™ of $108.60 (Fairly Valued). The stock has 11 warning signs investors should review. Among 473 Utilities - Regulated companies, WEC Energy Group ranks worse than 71.67% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for WEC Energy Group's Debt-to-Equity or its related term are showing as below:
WEC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.09 Med: 1.34 Max: 1.64
Current: 1.58
During the past 13 years, the highest Debt-to-Equity Ratio of WEC Energy Group was 1.64. The lowest was 1.09. And the median was 1.34.
WEC's Debt-to-Equity is ranked worse than 71.67% of 473
companies
in the Utilities - Regulated industry
Industry Median: 0.98
vs WEC: 1.58
WEC Energy Group (NYSE:WEC) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
WEC Energy Group Debt-to-Equity Related Terms
WEC Energy Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for WEC Energy Group's Debt-to-Equity 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 Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, WEC Energy Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where WEC Energy Group's Debt-to-Equity falls into.
* 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 (WEC) has a Debt-to-Equity of 1.58 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on WEC Energy Group and its competitors. This is 18% above median its historical median of 1.34. Over the past decade, WEC Energy Group's Debt-to-Equity has ranged from 1.09 to 1.64. According to the industry distribution chart, WEC Energy Group ranks #339 out of 473 companies in the Utilities - Regulated industry, placing it in the top 71.7%.
Is WEC Energy Group's Debt-to-Equity too high?
WEC Energy Group's current Debt-to-Equity of 1.58 is 18% above median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 1.64. The Utilities - Regulated industry median Debt-to-Equity is 0.98. WEC Energy Group's value of 1.58 is 61.2% above this industry median. Based on the distribution chart, WEC Energy Group ranks #339 out of 473 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, WEC Energy Group has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WEC Energy Group's Debt-to-Equity compare to PCG and ED?
According to the Utilities - Regulated industry distribution chart, WEC Energy Group ranks #339 out of 473 companies for Debt-to-Equity. This places WEC Energy Group in the lower half of its industry. The industry median Debt-to-Equity is 0.98. WEC Energy Group's value of 1.58 is 61.2% above this benchmark. Historically, WEC Energy Group's own Debt-to-Equity has ranged from 1.09 to 1.64 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 0.98, WEC Energy Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.98, based on 473 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WEC Energy Group's current Debt-to-Equity of 1.58 is 61.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on WEC Energy Group and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WEC Energy Group's current Debt-to-Equity is 1.58, which is 18% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WEC Energy Group stock overvalued right now?
Based on GuruFocus' analysis, WEC Energy Group (WEC) is currently considered Fairly Valued. The stock's GF Value™ is $108.60, compared to a current price of $115.77 — trading 6.6% above its estimated fair value. The current Debt-to-Equity is 1.58, which is 18% above median its 10-year median of 1.34 and 61.2% above the Utilities - Regulated industry median of 0.98. WEC Energy Group's overall GF Score™ is 81/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For WEC Energy Group (WEC), the current Debt-to-Equity is 1.58 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is WEC Energy Group (WEC) Overvalued in 2026?
Based on GuruFocus' analysis, WEC Energy Group stock appears to be overvalued.
The current stock price of $115.77 is trading 6.6% above its estimated GF Value™ of $108.60.
GuruFocus considers WEC Energy Group to be Fairly Valued.
Key valuation signals for WEC:
Debt-to-Equity: 1.58 (18% above median its 10-year median of 1.34)
GF Value™: $108.60 vs. price of $115.77 (6.6% above fair value)
Industry Position: 61.2% above the Utilities - Regulated median (#339 of 473)
No single metric tells the full story. See the WEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, 30% gas distribution, 10% electric transmission, 9% unregulated renewable energy, and 2% LNG distribution and generation.
81GF Score
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