WEC Energy Group (FRA:WIC) Other Operating Expense : €1,431 Mil (TTM As of Mar. 2024)

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What is WEC Energy Group Other Operating Expense?

WEC Energy Group's Other Operating Expense for the three months ended in Mar. 2024 was €376 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was €1,431 Mil.

WEC Energy Group's quarterly Other Operating Expense declined from Sep. 2023 (€357 Mil) to Dec. 2023 (€350 Mil) but then increased from Dec. 2023 (€350 Mil) to Mar. 2024 (€376 Mil).

WEC Energy Group's annual Other Operating Expense increased from Dec. 2021 (€1,137 Mil) to Dec. 2022 (€1,299 Mil) and increased from Dec. 2022 (€1,299 Mil) to Dec. 2023 (€1,389 Mil).

WEC Energy Group Other Operating Expense Historical Data

The historical data trend for WEC Energy Group's Other Operating Expense 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.

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WEC Energy Group Other Operating Expense Chart

WEC Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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1,015.29

973.17

1,136.87

1,299.23

1,388.71

WEC Energy Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															350.34	346.77	357.37	350.48	376.19

WEC Energy Group Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,431 Mil.

WEC Energy Group Other Operating Expense Related Terms

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WEC Energy Group (FRA:WIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » WEC Energy Group Inc (FRA:WIC) » Definitions » Other Operating Expense

Comparable Companies

EIX ETR DTE FE XEL ES PPL AEE ED CNP NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

WEC:USA WIC:Germany W1EC34:Brazil

Address

231 West Michigan Street, P.O. Box 1331, Milwaukee, WI, USA, 53201

Website

https://www.wecenergygroup.com

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.

WEC Energy Group (FRA:WIC) Headlines

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