Company research
WISCONSIN ELECTRIC POWER CO
CIK 107815Updated Sep 27, 2026
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Recent filings
Show 5 more recent filings
10-Q filing
Other Events
Items 8.01, 9.01
424B2 filing
FWP filing
424B5 filing
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 19,696,400,000Source | 17,199,600,000Source | 15,841,400,000Source | 15,020,200,000Source |
| Property, Plant and Equipment, NetUSD | 15,208,600,000Source | 12,810,700,000Source | 11,585,500,000Source | 10,718,600,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 0Source | 400,000Source | 6,100,000Source | 6,100,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | 582,600,000Source |
| Assets, CurrentUSD | 1,355,600,000Source | 1,272,900,000Source | 1,205,300,000Source | 1,207,300,000Source |
| Operating Lease, Right-of-Use AssetUSD | 13,300,000Source | 12,200,000Source | 10,200,000Source | 8,400,000Source |
| Other Assets, NoncurrentUSD | 85,400,000Source | 90,500,000Source | 118,900,000Source | 133,500,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 30,400,000Source | 30,400,000Source | 30,400,000Source | 30,400,000Source |
| Common Stock, Value, IssuedUSD | 332,900,000Source | 332,900,000Source | 332,900,000Source | 332,900,000Source |
| Additional Paid in CapitalUSD | 3,948,600,000Source | 2,703,000,000Source | 2,552,400,000Source | 1,746,800,000Source |
| Retained Earnings (Accumulated Deficit)USD | 2,467,700,000Source | 2,440,900,000Source | 2,167,800,000Source | 2,057,100,000Source |
| Stockholders' Equity Attributable to ParentUSD | 6,779,600,000Source | 5,507,200,000Source | 5,083,500,000Source | 4,167,200,000Source |
| Liabilities and EquityUSD | 19,696,400,000Source | 17,199,600,000Source | 15,841,400,000Source | 15,020,200,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,781,100,000Source | 1,458,400,000Source | 1,484,900,000Source | 1,372,300,000Source |
| Operating Lease, Liability, CurrentUSD | 900,000Source | 800,000Source | 800,000Source | 600,000Source |
| Accounts Payable, CurrentUSD | — | — | — | 400,500,000Source |
| Operating Lease, Liability, NoncurrentUSD | 12,500,000Source | 11,500,000Source | 9,400,000Source | 7,800,000Source |
| Deferred Income Tax Liabilities, NetUSD | 1,666,600,000Source | 1,655,700,000Source | 1,513,500,000Source | 1,467,300,000Source |
| Other Liabilities, NoncurrentUSD | 478,700,000Source | 348,600,000Source | 330,500,000Source | 291,400,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 1,666,600,000Source | 1,655,700,000Source | 1,513,500,000Source | 1,467,300,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 9,300,000Source | 259,200,000Source | 309,000,000Source | 8,900,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 4,516,000,000Source | 3,728,000,000Source | 3,045,400,000Source | 3,351,500,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 629,900,000Source | 573,700,000Source | 525,000,000Source | 479,700,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -32,100,000Source | 44,200,000Source | 12,800,000Source | 46,500,000Source |
| Increase (Decrease) in Accounts PayableUSD | -3,100,000Source | 92,300,000Source | -41,300,000Source | 14,500,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | 115,100,000Source | 26,200,000Source | 53,600,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,127,800,000Source | 1,264,500,000Source | 939,100,000Source | 637,000,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,704,500,000Source | -1,537,700,000Source | -1,227,300,000Source | -914,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -21,500,000Source | 4,400,000Source | 7,700,000Source | 5,400,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 2,742,900,000Source | 1,442,700,000Source | 1,094,600,000Source | 930,400,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,576,800,000Source | 268,200,000Source | 248,000,000Source | 321,700,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -8,900,000Source | -11,400,000Source | -1,200,000Source | -6,600,000Source |
| Repayments of Long-term DebtUSD | 259,200,000Source | 309,000,000Source | 8,900,000Source | 8,800,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 100,000Source | -5,000,000Source | -40,200,000Source | 44,700,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,600,000Source | 2,500,000Source | 7,500,000Source | 47,700,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 482,700,000Source | 474,900,000Source | 463,800,000Source | 449,200,000Source |
| Income Taxes Paid, NetUSD | 57,500,000Source | 64,300,000Source | 99,100,000Source | 88,000,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 19,000,000Source | 15,800,000Source | 3,300,000Source | 13,200,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | 5,200,000Source | 2,900,000Source | 1,800,000Source | 1,800,000Source |
| Depreciation, Amortization and Accretion, NetUSD | — | — | 525,000,000Source | 479,700,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 6,200,000Source | -32,500,000Source | -87,700,000Source | 94,700,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 628,000,000Source | 514,400,000Source | 481,800,000Source | 397,900,000Source |
| Income Tax Expense (Benefit)USD | 115,000,000Source | 136,400,000Source | 142,700,000Source | 133,100,000Source |
| InterestExpenseNonoperatingUSD | 490,700,000Source | 489,400,000Source | — | — |
| Investment Income, InterestUSD | 2,900,000Source | 9,800,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 626,800,000Source | 513,200,000Source | 480,600,000Source | 396,700,000Source |
| Nonoperating Income (Expense)USD | -427,800,000Source | -410,400,000Source | -397,700,000Source | -409,000,000Source |
| Other Nonoperating Income (Expense)USD | 62,900,000Source | 79,000,000Source | 68,800,000Source | 49,400,000Source |
| Proceeds from Contributions from ParentUSD | 1,245,000,000Source | 150,000,000Source | 805,000,000Source | 455,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 799,500,000Source | 947,400,000Source | 0Source | 500,000,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 78,900,000Source | 46,000,000Source | 41,000,000Source | 18,800,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 4,493,600,000Source | 3,979,900,000Source | 4,045,000,000Source | 4,070,300,000Source |
| Cost of RevenueUSD | 1,498,800,000Source | 1,300,300,000Source | 1,451,400,000Source | 1,693,300,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | 1,170,800,000Source | 1,061,200,000Source | 1,022,200,000Source | 940,000,000Source |
| Other Nonoperating Income (Expense)USD | 62,900,000Source | 79,000,000Source | 68,800,000Source | 49,400,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 743,000,000Source | 650,800,000Source | 624,500,000Source | 531,000,000Source |
| Income Tax Expense (Benefit)USD | 115,000,000Source | 136,400,000Source | 142,700,000Source | 133,100,000Source |
| Interest Expense (non-operating)USD | 490,700,000Source | 489,400,000Source | — | — |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | — | 26,700,000Source | 122,000,000Source | 81,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 628,000,000Source | 514,400,000Source | 481,800,000Source | 397,900,000Source |
| Interest ExpenseUSD | — | — | 466,500,000Source | 458,400,000Source |
| Investment Income, InterestUSD | 2,900,000Source | 9,800,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 626,800,000Source | 513,200,000Source | 480,600,000Source | 396,700,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | 626,800,000Source | — | — | — |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost ComponentUSD | 19,900,000Source | -24,300,000Source | -24,100,000Source | -33,800,000Source |
| Nonoperating Income (Expense)USD | -427,800,000Source | -410,400,000Source | -397,700,000Source | -409,000,000Source |
| Other Cost and Expense, OperatingUSD | 1,073,900,000Source | 937,900,000Source | 931,100,000Source | 831,700,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 1,200,000Source | 1,200,000Source | 1,200,000Source | 1,200,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 78,900,000Source | 46,000,000Source | 41,000,000Source | 18,800,000Source |
| Taxes, MiscellaneousUSD | 120,200,000Source | 106,800,000Source | 115,300,000Source | 125,600,000Source |
Filing attachments
tm2615960d3_ex4-1.htm · 8-K · 2026-06-04
EX-4.1 3 tm2615960d3_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 CERTIFIED COPY OF SECURITIES RESOLUTION NO. 26 OF WISCONSIN ELECTRIC POWER COMPANY I, Joshua M. Erickson, Assistant Corporate Secretary of WISCONSIN ELECTRIC POWER COMPANY (the “Company”), do hereby certify that the attached is a true and correct copy of Securities Resolution No. 26 under the Indenture dated as of December 1, 1995 between the Company and U.S. Bank Trust Company, National Association, as successor to Firstar Trust C…
Read attachment ↗tm268663d1_ex4-1.htm · 8-K · 2026-03-13
EX-4.1 3 tm268663d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 CERTIFIED COPY OF SECURITIES RESOLUTION NO. 25 OF WISCONSIN ELECTRIC POWER COMPANY I, Joshua M. Erickson, Assistant Corporate Secretary of WISCONSIN ELECTRIC POWER COMPANY (the “Company”), do hereby certify that the attached is a true and correct copy of Securities Resolution No. 25 under the Indenture dated as of December 1, 1995 between the Company and U.S. Bank Trust Company, National Association, as successor to Firstar Trust Co…
Read attachment ↗tm2532786d1_ex4-1.htm · 8-K · 2025-12-05
EX-4.1 3 tm2532786d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 Closing Document No. 4(f) CERTIFIED COPY OF SECURITIES RESOLUTION NO. 24 OF WISCONSIN ELECTRIC POWER COMPANY I, Joshua M. Erickson, Assistant Corporate Secretary of WISCONSIN ELECTRIC POWER COMPANY (the “Company”), do hereby certify that the attached is a true and correct copy of Securities Resolution No. 24 under the Indenture dated as of December 1, 1995 between the Company and U.S. Bank Trust Company, National Association, as s…
Read attachment ↗tm2526860d1_ex4-1.htm · 8-K · 2025-09-25
EX-4.1 3 tm2526860d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 Closing Document No. 4(f) CERTIFIED COPY OF SECURITIES RESOLUTION NO. 23 OF WISCONSIN ELECTRIC POWER COMPANY I, Joshua M. Erickson, Assistant Corporate Secretary of WISCONSIN ELECTRIC POWER COMPANY (the “Company”), do hereby certify that the attached is a true and correct copy of Securities Resolution No. 23 under the Indenture dated as of December 1, 1995 between the Company and U.S. Bank Trust Company, National Association, as s…
Read attachment ↗