Is WEC ENERGY GROUP, INC. (WEC) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 59.2% / 30% | 0.1% / 30% | 5.5% / 30% | 0.06% / 5% | ✗ NOT HALAL |
| DJIM | 59.2% / 33% | 0.1% / 33% | 5.5% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| MSCI | 43.3% / 33% | 0.1% / 33% | 4.0% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| S&P | 59.2% / 33% | 0.1% / 33% | 5.5% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| FTSE | 43.3% / 33% | 0.1% / 33% | 4.0% / 50% | 0.06% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 42.4% | |
| Operating Margin | 21.3% | |
| Net Margin | 15.9% | |
| Return on Equity (ROE) | 11.6% | |
| Return on Assets (ROA) | 3.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3.4B |
| Free Cash Flow | -$1.0B |
| Total Debt | $22.3B |
| Debt-to-Equity | 159.3 |
| Current Ratio | 0.6 |
| Total Assets | $51.5B |
Price & Trading
| Last Close | $114.02 |
| 50-Day MA | $113.43 |
| 200-Day MA | $110.02 |
| Avg Volume | 2.2M |
| Beta | 0.5 |
|
52-Week Range
$100.61
| |
About WEC ENERGY GROUP, INC. (WEC)
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. It generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and hydroelectric natural gas. The company also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2025, the company operated approximately 35,200 miles of overhead distribution lines and 37,600 miles of underground distribution cables, as well as 420 electric distribution substations and 649,500 line transformers; approximately 47,200 miles of natural gas distribution mains; 1,300 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 510 natural gas distribution and transmission gate stations; and 67.0 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
Related Halal Stocks in Utilities
Frequently Asked Questions
Is WEC ENERGY GROUP, INC. (WEC) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), WEC ENERGY GROUP, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is WEC ENERGY GROUP, INC.'s debt ratio?
WEC ENERGY GROUP, INC.'s debt ratio is 59.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 43.3%.
What are WEC ENERGY GROUP, INC.'s key financial metrics?
WEC ENERGY GROUP, INC. has a market capitalization of $37.2B, trailing P/E ratio of 23.8, and revenue of $9.8B. The company maintains a gross margin of 42.4% and a net margin of 15.9%. Return on equity stands at 11.6%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.