WEC Energy Group Sets $1.9B 2026 Capex, Guides $6.20–6.40 EPS
WEC Energy Group's Q4 earnings call outlined a 2026 capital expenditure budget of $1.9 billion and reaffirmed its $0.61 quarterly dividend. Management projected adjusted EPS guidance of $6.20–6.40 for 2026 and reported a 4% rise in utility rate base to $18.2 billion.
1. Q4 Call Overview
During its Q4 earnings call, WEC Energy Group management confirmed a $1.9 billion capital expenditure plan for 2026 and maintained the quarterly dividend at $0.61 per share, underscoring the company’s commitment to its regulated utility strategy.
2. 2026 Financial Guidance
Executives provided adjusted EPS guidance of $6.20 to $6.40 for the 2026 fiscal year, citing stable rate adjustments and ongoing infrastructure investments as key drivers of earnings growth.
3. Rate Base Expansion
The company reported a 4% year-over-year increase in utility rate base to $18.2 billion, reflecting continued investment in distribution upgrades and system reliability projects across its Wisconsin and Michigan service territories.