Wisconsin Energy Corp
Industry: Electric Utilities
Fortune Rank: 496
WEC, a holding company, is principally engaged in the generation, transmission, distribution and sale of electric energy, gas and steam to customers in east central and northern WI & the upper peninsula of MI. For the 6 months ended 6/30/05, revenues rose 6% to $1.89B. Net income from continuing operations rose 40% to $146.9M. Revenues reflect improved sales from the utility segment. Net income also reflects a decrease in interest expense & taxation.
Wisconsin Energy Corporation (Wisconsin Energy) is an energy company serving more than one million electric customers in Wisconsin and Michigan's Upper Peninsula, and more than one million natural gas customers in Wisconsin. The Company's primary subsidiaries are Wisconsin Electric Power Company (Wisconsin Electric), Wisconsin Gas LLC, formerly Wisconsin Gas Company (Wisconsin Gas) and W.E. Power, LLC (We Power). Historically it has conducted its operations primarily in three operating segments: a utility energy segment, a non-utility energy segment and a manufacturing segment. The Company sold its manufacturing segment on July 31, 2004.
Wisconsin Energy Corp
Wisconsin Energy Corp is a Fortune 500 company. In 2010 Wisconsin Energy Corp was ranked number 496 on the Fortune 500 list, making it the 496th largest company in the United States when judged by revenue.
Wisconsin Energy Corp achieved revenue of $4,193.20 million in 2010 and earned a profit of $382.40 million.
Wisconsin Energy Corp' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 496th compared to 515th in 2009. This was based on its 2009 revenue of $4,431 million (a change of 0 million compared to 2010) and profits of $359 million (a change of $23 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Wisconsin Energy Corp would be ranked 249th rather than 496th due to its profits of $382 in 2010.
| Wisconsin Energy Corp | Revenue* | Profit* | Fortune Ranking |
|---|---|---|---|
| 2010 | 4,193 | 382 | 496 |
| 2009 | 4,431 | 359 | 515 |
| 2008 | 4,238 | 336 | 534 |
| 2007 | 4,011 | 316 | 525 |
| 2006 | 3,836 | 309 | 510 |
* US$ Million
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Address
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Wisconsin Energy Corp
231 W. Michigan St
Milwaukee
WI
53203
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Wisconsin Energy Corp
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Contact Details
- Phone: 414-221-2345
- Fax: N/A
- Website: www.WisconsinEnergy.com
- Stock Symbol: WEC
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