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Wisconsin Electric Power Co (Wisconsin Electric Power Co) ROE % : 10.49% (As of Mar. 2024)


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What is Wisconsin Electric Power Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Wisconsin Electric Power Co's annualized net income for the quarter that ended in Mar. 2024 was $537.20 Mil. Wisconsin Electric Power Co's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $5,120.70 Mil. Therefore, Wisconsin Electric Power Co's annualized ROE % for the quarter that ended in Mar. 2024 was 10.49%.

The historical rank and industry rank for Wisconsin Electric Power Co's ROE % or its related term are showing as below:

WELPP.PFD' s ROE % Range Over the Past 10 Years
Min: 7.2   Med: 11   Max: 14.8
Current: 10.33

During the past 13 years, Wisconsin Electric Power Co's highest ROE % was 14.80%. The lowest was 7.20%. And the median was 11.00%.

WELPP.PFD's ROE % is not ranked
in the Utilities - Regulated industry.
Industry Median: 8.41 vs WELPP.PFD: 10.33

Wisconsin Electric Power Co ROE % Historical Data

The historical data trend for Wisconsin Electric Power Co's ROE % 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.

* Premium members only.

Wisconsin Electric Power Co ROE % Chart

Wisconsin Electric Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.26 10.07 10.01 9.81 10.42

Wisconsin Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % 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 11.08 9.30 13.02 6.62 10.49

Competitive Comparison of Wisconsin Electric Power Co's ROE %

For the Utilities - Regulated Electric subindustry, Wisconsin Electric Power Co's ROE %, along with its competitors' market caps and ROE % 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.


Wisconsin Electric Power Co's ROE % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Wisconsin Electric Power Co's ROE % distribution charts can be found below:

* The bar in red indicates where Wisconsin Electric Power Co's ROE % falls into.



Wisconsin Electric Power Co ROE % Calculation

Wisconsin Electric Power Co's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=481.8/( (4167.2+5083.5)/ 2 )
=481.8/4625.35
=10.42 %

Wisconsin Electric Power Co's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=537.2/( (5083.5+5157.9)/ 2 )
=537.2/5120.7
=10.49 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Wisconsin Electric Power Co  (OTCPK:WELPP.PFD) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=537.2/5120.7
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(537.2 / 4155.2)*(4155.2 / 15843.85)*(15843.85 / 5120.7)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.93 %*0.2623*3.0941
=ROA %*Equity Multiplier
=3.39 %*3.0941
=10.49 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=537.2/5120.7
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (537.2 / 680.4) * (680.4 / 1098.4) * (1098.4 / 4155.2) * (4155.2 / 15843.85) * (15843.85 / 5120.7)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7895 * 0.6194 * 26.43 % * 0.2623 * 3.0941
=10.49 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Wisconsin Electric Power Co ROE % Related Terms

Thank you for viewing the detailed overview of Wisconsin Electric Power Co's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wisconsin Electric Power Co (Wisconsin Electric Power Co) Business Description

Traded in Other Exchanges
Address
231 West Michigan Street, P.O. Box 2046, Milwaukee, WI, USA, 53201
Wisconsin Electric Power Co is an electric utility company. The business activity of the group is functioned through electric and natural gas utility operations. Its electric utility operations are engaged in the generation, distribution, and sale of electricity in southeastern, east central, and northern Wisconsin and the Upper Peninsula of Michigan. The electric utility operations also include steam operations which produce, distribute, and sell steam to space heating and processing customers in metropolitan Milwaukee, Wisconsin. Its natural gas utility operations are engaged in the purchase, distribution, and sale of natural gas to retail customers and the transportation natural gas in three service areas within southeastern, east central, and northern Wisconsin.
Executives
Paul J Spicer director 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
William Mastoris director 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Xia Liu director, officer: EVP and CFO ONE ENERGY PLACE, PENSACOLA FL 32520
Anthony Reese officer: Vice President and Treasurer 231 WEST MICHIGAN STREET, MILWAUKEE WI 53203
Margaret C Kelsey officer: EVP and Gen Counsel
Gale E Klappa director, officer: CEO and Chairman of the Board 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Tom Metcalfe officer: Exec. VP - Generation 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
James A. Schubilske officer: Vice President & Treasurer 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
William J Guc officer: Vice President & Controller 130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Scott J Lauber officer: Vice President and Treasurer 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Joan M Shafer officer: Exec VP-HR & Org Effectiveness 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Henry W Knueppel director 200 STATE STREET, BELOIT WI 53511
James Patrick Keyes officer: Executive VP & CFO 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Susan H. Martin officer: Executive VP & General Counsel 231 W. MICHIGAN STREET, MILWAUKEE WI 53203
Mary Ellen Stanek director 14730 WEST JUNEAU BOULEVARD, ELM GROVE WI 53122

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