WEC (WEC Energy Group) Interest Coverage: 4.29 (As of Mar. 2026) — 27% Above Median


WEC WEC Energy Group Inc WEC
81 GF Score
Price $115.61
GF Value $108.33
Valuation Fairly Valued
! 11 Warning Signs
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What is WEC Energy Group Interest Coverage?

WEC Energy Group WEC +1.29% 81 Interest Coverage is 4.29 as of Mar. 2026, which is 27% above its 10-year median of 3.38. GuruFocus rates WEC with a GF Score™ of 81/100 and a GF Value™ of $108.33 (Fairly Valued). The stock has 11 warning signs investors should review. Among 449 Utilities - Regulated companies, WEC Energy Group ranks worse than 61.47% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. WEC Energy Group's Operating Income for the three months ended in Mar. 2026 was $980 Mil. WEC Energy Group's Interest Expense for the three months ended in Mar. 2026 was $-229 Mil. WEC Energy Group's interest coverage for the quarter that ended in Mar. 2026 was 4.29. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for WEC Energy Group's Interest Coverage or its related term are showing as below:

WEC' s Interest Coverage Range Over the Past 10 Years
Min: 2.65   Med: 3.38   Max: 4.27
Current: 2.68


WEC's Interest Coverage is ranked worse than
61.47% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs WEC: 2.68

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


WEC Energy Group  (NYSE:WEC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


WEC Energy Group Interest Coverage Related Terms


WEC Energy Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for WEC Energy Group's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

WEC Energy Group Interest Coverage Chart

WEC Energy Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 3.74 2.87 2.66 2.65

WEC Energy Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.20 1.83 2.01 2.56 4.29

WEC vs PCG, ED, PEG: Interest Coverage Comparison

For the Utilities - Regulated Electric subindustry, WEC Energy Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WEC Energy Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where WEC Energy Group's Interest Coverage falls into.


WEC
81GF Score
WEC Energy Group Inc WEC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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WEC Energy Group Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

WEC Energy Group's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, WEC Energy Group's Interest Expense was $-895 Mil. Its Operating Income was $2,375 Mil. And its Long-Term Debt & Capital Lease Obligation was $18,870 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2374.9/-895.1
=2.65

WEC Energy Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, WEC Energy Group's Interest Expense was $-229 Mil. Its Operating Income was $980 Mil. And its Long-Term Debt & Capital Lease Obligation was $19,752 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*980/-228.5
=4.29

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 4.29 mean?
WEC Energy Group (WEC) has a Interest Coverage of 4.29 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on WEC Energy Group and its competitors. This is 27% above median its historical median of 3.38. Over the past decade, WEC Energy Group's Interest Coverage has ranged from 2.65 to 4.27. According to the industry distribution chart, WEC Energy Group ranks #276 out of 449 companies in the Utilities - Regulated industry, placing it in the top 61.5%.
Is WEC Energy Group's Interest Coverage too high?
WEC Energy Group's current Interest Coverage of 4.29 is 27% above median its 10-year median of 3.38. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 4.27. The Utilities - Regulated industry median Interest Coverage is 3.78. WEC Energy Group's value of 4.29 is 13.5% above this industry median. Based on the distribution chart, WEC Energy Group ranks #276 out of 449 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 Interest Coverage compare to PCG and ED?
According to the Utilities - Regulated industry distribution chart, WEC Energy Group ranks #276 out of 449 companies for Interest Coverage. This places WEC Energy Group in the lower half of its industry. The industry median Interest Coverage is 3.78. WEC Energy Group's value of 4.29 is 13.5% above this benchmark. Historically, WEC Energy Group's own Interest Coverage has ranged from 2.65 to 4.27 over the past decade. While the company's 10-year median is 3.38 vs. the industry median of 3.78, 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 Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WEC Energy Group's current Interest Coverage of 4.29 is 13.5% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on WEC Energy Group and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WEC Energy Group's current Interest Coverage is 4.29, which is 27% above median its own 10-year median of 3.38. 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 $108.33, compared to a current price of $115.61 — trading 6.7% above its estimated fair value. The current Interest Coverage is 4.29, which is 27% above median its 10-year median of 3.38 and 13.5% above the Utilities - Regulated industry median of 3.78. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For WEC Energy Group (WEC), the current Interest Coverage is 4.29 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 $115.61 is trading 6.7% above its estimated GF Value™ of $108.33. GuruFocus considers WEC Energy Group to be Fairly Valued.

Key valuation signals for WEC:

  • Interest Coverage: 4.29 (27% above median its 10-year median of 3.38)
  • GF Value™: $108.33 vs. price of $115.61 (6.7% above fair value)
  • GF Score™: 81/100 with 11 warning signs
  • Industry Position: 13.5% above the Utilities - Regulated median (#276 of 449)

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 Business Description

Address 231 West Michigan Street, P.O. Box 1331, Milwaukee, WI, USA, 53201
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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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$115.61
Price
$108.33
GF Value