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Side-by-side financial comparison of Ameriprise Financial (AMP) and WEC Energy Group (WEC). Click either name above to swap in a different company.

Ameriprise Financial is the larger business by last-quarter revenue ($4.9B vs $2.5B, roughly 1.9× WEC Energy Group). Ameriprise Financial runs the higher net margin — 18.7% vs 12.5%, a 6.2% gap on every dollar of revenue. On growth, WEC Energy Group posted the faster year-over-year revenue change (11.1% vs 9.0%). Over the past eight quarters, Ameriprise Financial's revenue compounded faster (5.5% CAGR vs -2.7%).

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-di...

WEC Energy Group is an American energy company based in Milwaukee, Wisconsin. It provides electricity and natural gas to 4.4 million customers across four states.

AMP vs WEC — Head-to-Head

Bigger by revenue
AMP
AMP
1.9× larger
AMP
$4.9B
$2.5B
WEC
Growing faster (revenue YoY)
WEC
WEC
+2.1% gap
WEC
11.1%
9.0%
AMP
Higher net margin
AMP
AMP
6.2% more per $
AMP
18.7%
12.5%
WEC
Faster 2-yr revenue CAGR
AMP
AMP
Annualised
AMP
5.5%
-2.7%
WEC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AMP
AMP
WEC
WEC
Revenue
$4.9B
$2.5B
Net Profit
$915.0M
$316.8M
Gross Margin
63.7%
Operating Margin
17.9%
Net Margin
18.7%
12.5%
Revenue YoY
9.0%
11.1%
Net Profit YoY
57.0%
-30.1%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMP
AMP
WEC
WEC
Q1 26
$4.9B
Q4 25
$5.0B
$2.5B
Q3 25
$4.9B
$2.1B
Q2 25
$4.5B
$2.0B
Q1 25
$4.5B
$3.1B
Q4 24
$4.6B
$2.3B
Q3 24
$4.6B
$1.9B
Q2 24
$4.4B
$1.8B
Net Profit
AMP
AMP
WEC
WEC
Q1 26
$915.0M
Q4 25
$1.0B
$316.8M
Q3 25
$912.0M
$270.2M
Q2 25
$1.1B
$243.0M
Q1 25
$583.0M
$725.5M
Q4 24
$1.1B
$453.1M
Q3 24
$511.0M
$238.6M
Q2 24
$829.0M
$210.0M
Gross Margin
AMP
AMP
WEC
WEC
Q1 26
Q4 25
63.7%
Q3 25
71.1%
Q2 25
71.6%
Q1 25
63.0%
Q4 24
67.7%
Q3 24
72.1%
Q2 24
73.5%
Operating Margin
AMP
AMP
WEC
WEC
Q1 26
Q4 25
25.6%
17.9%
Q3 25
24.0%
21.4%
Q2 25
30.1%
20.1%
Q1 25
15.3%
29.8%
Q4 24
29.1%
25.9%
Q3 24
14.1%
20.6%
Q2 24
23.9%
20.6%
Net Margin
AMP
AMP
WEC
WEC
Q1 26
18.7%
Q4 25
20.0%
12.5%
Q3 25
18.6%
12.8%
Q2 25
23.6%
12.1%
Q1 25
13.0%
23.0%
Q4 24
23.0%
19.8%
Q3 24
11.2%
12.8%
Q2 24
18.9%
11.9%
EPS (diluted)
AMP
AMP
WEC
WEC
Q1 26
Q4 25
$10.39
Q3 25
$9.33
Q2 25
$10.73
Q1 25
$5.83
Q4 24
$10.57
Q3 24
$5.00
Q2 24
$8.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMP
AMP
WEC
WEC
Cash + ST InvestmentsLiquidity on hand
$8.3B
$27.6M
Total DebtLower is stronger
$3.3B
$20.0B
Stockholders' EquityBook value
$355.9B
$14.1B
Total Assets
$184.4B
$51.5B
Debt / EquityLower = less leverage
0.01×
1.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMP
AMP
WEC
WEC
Q1 26
$8.3B
Q4 25
$27.6M
Q3 25
$51.1M
Q2 25
$23.0M
Q1 25
$82.2M
Q4 24
$9.8M
Q3 24
$322.5M
Q2 24
$224.0M
Total Debt
AMP
AMP
WEC
WEC
Q1 26
$3.3B
Q4 25
$20.0B
Q3 25
Q2 25
Q1 25
Q4 24
$18.9B
Q3 24
$16.9B
Q2 24
$16.9B
Stockholders' Equity
AMP
AMP
WEC
WEC
Q1 26
$355.9B
Q4 25
$6.5B
$14.1B
Q3 25
$6.5B
$14.0B
Q2 25
$6.1B
$13.7B
Q1 25
$5.4B
$13.4B
Q4 24
$5.2B
$12.8B
Q3 24
$5.7B
$12.4B
Q2 24
$5.0B
$12.4B
Total Assets
AMP
AMP
WEC
WEC
Q1 26
$184.4B
Q4 25
$190.9B
$51.5B
Q3 25
$190.1B
$49.8B
Q2 25
$184.9B
$48.5B
Q1 25
$179.1B
$48.2B
Q4 24
$181.4B
$47.4B
Q3 24
$186.0B
$45.2B
Q2 24
$179.7B
$44.6B
Debt / Equity
AMP
AMP
WEC
WEC
Q1 26
0.01×
Q4 25
1.42×
Q3 25
Q2 25
Q1 25
Q4 24
1.48×
Q3 24
1.36×
Q2 24
1.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMP
AMP
WEC
WEC
Operating Cash FlowLast quarter
$424.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMP
AMP
WEC
WEC
Q1 26
Q4 25
$2.7B
$424.6M
Q3 25
$2.2B
$938.9M
Q2 25
$1.8B
$853.3M
Q1 25
$1.7B
$1.2B
Q4 24
$383.0M
$581.8M
Q3 24
$3.0B
$729.0M
Q2 24
$1.7B
$1.0B
Free Cash Flow
AMP
AMP
WEC
WEC
Q1 26
Q4 25
$2.6B
Q3 25
$2.2B
$-625.7M
Q2 25
$1.7B
$23.9M
Q1 25
$1.6B
$461.5M
Q4 24
$325.0M
Q3 24
$3.0B
$-67.3M
Q2 24
$1.7B
$343.5M
FCF Margin
AMP
AMP
WEC
WEC
Q1 26
Q4 25
52.0%
Q3 25
44.1%
-29.7%
Q2 25
38.4%
1.2%
Q1 25
36.8%
14.7%
Q4 24
7.0%
Q3 24
65.8%
-3.6%
Q2 24
38.8%
19.4%
Capex Intensity
AMP
AMP
WEC
WEC
Q1 26
Q4 25
0.9%
Q3 25
0.9%
74.4%
Q2 25
0.8%
41.3%
Q1 25
0.8%
22.3%
Q4 24
1.2%
Q3 24
1.1%
42.7%
Q2 24
0.4%
39.2%
Cash Conversion
AMP
AMP
WEC
WEC
Q1 26
Q4 25
2.65×
1.34×
Q3 25
2.42×
3.47×
Q2 25
1.66×
3.51×
Q1 25
2.89×
1.60×
Q4 24
0.36×
1.28×
Q3 24
5.96×
3.06×
Q2 24
2.07×
4.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMP
AMP

Management and financial advice fees$2.9B60%
Other$872.0M18%
Distribution fees$563.0M12%
Premiums, policy and contract charges$341.0M7%
Other revenues$166.0M3%

WEC
WEC

Wisconsin$1.9B73%
Illinois$441.2M17%
Other States$165.1M7%
External Revenues$74.0M3%
Otheroperatingrevenues$8.0M0%

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