Filing Flows › Wisconsin Electric Power (WELPP) › Q1 2025
Wisconsin Electric Power (WELPP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Wisconsin Electric Power (WELPP) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), +14% from a year earlier and +23% from the quarter before. Operating margin was 29.3%, net earnings $196M (16.6% of revenue).
Wisconsin Electric Power, Q1 2025: revenue $1.2B (+14% year over year), operating margin 29.3%, net earnings $196M, operating cash flow $392M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +23% | +14% |
| Operating profit | $346M | +37% | +26% |
| Net earnings | $196M | +58% | +46% |
| Operating cash flow | $392M | +50% | +6% |
What changed
Revenue was $1.2B in Q1 2025, up 14% year over year and up 23% from the previous quarter.
Operating profit was $0.35B, a 29.3% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 51% reached operating profit, above the 26% margin then. Total costs grew 9% against revenue growth of 14%. The fastest-growing cost line was Cost of revenue (+13%). Net earnings were $0.20B, up 46% year over year. The effective tax rate was 15.2%.
Operating cash flow was $0.39B (up 6% year over year), 200% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization. Working capital and other items added $0.04B. Capital expenditures of $0.42B exceeded it, leaving free cash flow of −$0.03B.
Questions
What was Wisconsin Electric Power's revenue in the first quarter 2025?
Wisconsin Electric Power (WELPP) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), +14% from a year earlier and +23% from the quarter before.
Was Wisconsin Electric Power profitable in the first quarter 2025?
Operating profit was $346M (29.3% of revenue) and net earnings $196M.