WISCONSIN ELECTRIC POWER CO (WELPP) Form 10-Q — Aug 4, 2026
Wisconsin Electric Power Company reported strong financial results for the second quarter of 2026, with operating revenues increasing 4.6% to $1.06 billion and net income rising 26.4% to $150.1 million compared to the prior year period. The growth was primarily driven by a rate order effective January 1, 2026, and weather-normalized customer growth, partially offset by unfavorable weather and increased operating expenses. For the six months ended June 30, 2026, net income attributable to common shareholders increased 22.4% to $385.0 million.
Key figures
- Revenue
- 2,380.6
- Net Income
- 385.6
- Cash Position
- 4.7
- Revenue Growth
- +8.7%
- Common Shares Outstanding
- 33,289,327
- Six Months Capital Expenditures
- 1,388.6
- Long Term Debt Issuance Six Months
- 1,098.5
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.