Current long-term debt decreased 40.3%
Current long-term debt changed -40.3% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$1.9B→$1.1B4 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →WEC financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Operating cash flow increased 28.1%
Operating cash flow changed +28.1% from the comparable as-filed period.
$938.9M→$1.2B2 prior comparisons
Free-cash-flow proxy increased 94.2%
Free-cash-flow proxy changed +94.2% from the comparable as-filed period.
-$625.7M→-$36.4M0 prior comparisons
Net income increased 44.4%
Net income changed +44.4% from the comparable as-filed period.
$270.2M→$390.3M2 prior comparisons
Operating margin moved 324 bp higher
Operating margin changed +324 basis points from the comparable as-filed period.
21.37%→24.61%2 prior comparisons
Operating income increased 25.4%
Operating income changed +25.4% from the comparable as-filed period.
$449.6M→$563.7M2 prior comparisons
Short-term borrowings increased 51.1%
Short-term borrowings changed +51.1% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$1.3B→$1.9B4 prior comparisons
Capex / revenue moved 2028 bp lower
Capex / revenue changed -2028 basis points from the comparable as-filed period.
74.36%→54.08%0 prior comparisons
Current assets increased 9.4%
Current assets changed +9.4% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$2.5B→$2.8B4 prior comparisons
Revenue increased 8.9%
Revenue changed +8.9% from the comparable as-filed period.
$2.1B→$2.3B2 prior comparisons
Capital expenditure decreased 20.8%
Capital expenditure changed -20.8% from the comparable as-filed period.
$1.6B→$1.2B2 prior comparisons
Free-cash-flow margin moved 2815 bp higher
Free-cash-flow margin changed +2815 basis points from the comparable as-filed period.
-29.74%→-1.59%0 prior comparisons
Operating cash-flow margin moved 787 bp higher
Operating cash-flow margin changed +787 basis points from the comparable as-filed period.
44.62%→52.49%2 prior comparisons
Debt / revenue moved 366 bp higher
Debt / revenue changed +366 basis points from the comparable as-filed period.
989.80%→993.45%2 prior comparisons
Noncurrent long-term debt increased 11.6%
Noncurrent long-term debt changed +11.6% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$17.7B→$19.7B4 prior comparisons
Gross debt increased 9.3%
Gross debt changed +9.3% from the comparable as-filed period. The change ranks at the 38th percentile of 8 prior comparable changes.
$20.8B→$22.8B8 prior comparisons
Net debt increased 9.3%
Net debt changed +9.3% from the comparable as-filed period.
$20.8B→$22.7B3 prior comparisons
Gross margin moved 47 bp higher
Gross margin changed +47 basis points from the comparable as-filed period.
71.10%→71.57%2 prior comparisons
Total assets increased 8.2%
Total assets changed +8.2% from the comparable as-filed period.
$49.8B→$53.9B2 prior comparisons
Cash & equivalents increased 15.1%
Cash & equivalents changed +15.1% from the comparable as-filed period.
$51.1M→$58.8M3 prior comparisons
Trade receivables increased 10.6%
Trade receivables changed +10.6% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$1.3B→$1.4B4 prior comparisons
Shares outstanding increased 1.1%
Shares outstanding changed +1.1% from the comparable as-filed period. The change ranks at the 38th percentile of 8 prior comparable changes.
325,294,252→328,992,3298 prior comparisons
Current liabilities increased 2.8%
Current liabilities changed +2.8% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$5.1B→$5.2B4 prior comparisons
Working capital increased 3.8%
Working capital changed +3.8% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
-$2.5B→-$2.4B4 prior comparisons
Receivables / revenue moved 95 bp higher
Receivables / revenue changed +95 basis points from the comparable as-filed period.
60.34%→61.29%2 prior comparisons
Current ratio increased 6.4%
Current ratio changed +6.4% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
0.5→0.534 prior comparisons
Cost of revenue increased 7.1%
Cost of revenue changed +7.1% from the comparable as-filed period.
$608.1M→$651.2M2 prior comparisons
Operating cash flow / net income decreased 11.3%
Operating cash flow / net income changed -11.3% from the comparable as-filed period.
3.47→3.082 prior comparisons
Cash / debt moved 1 bp higher
Cash / debt changed +1 basis points from the comparable as-filed period.
0.25%→0.26%3 prior comparisons
Working capital / assets moved 57 bp higher
Working capital / assets changed +57 basis points from the comparable as-filed period.
-5.09%→-4.52%2 prior comparisons
Debt / assets moved 41 bp higher
Debt / assets changed +41 basis points from the comparable as-filed period.
41.81%→42.22%2 prior comparisons
Short-term borrowings increased 138.7%
Short-term borrowings changed +138.7% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$810.3M→$1.9B4 prior comparisons
Current long-term debt decreased 37.2%
Current long-term debt changed -37.2% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$2.3B→$1.4B4 prior comparisons
Capital expenditure increased 52.2%
Capital expenditure changed +52.2% from the comparable as-filed period.
$829.4M→$1.3B3 prior comparisons
Operating cash flow increased 16.3%
Operating cash flow changed +16.3% from the comparable as-filed period.
$853.3M→$992.3M3 prior comparisons
Net income increased 23.9%
Net income changed +23.9% from the comparable as-filed period.
$243.0M→$301.0M2 prior comparisons
Noncurrent long-term debt increased 12.3%
Noncurrent long-term debt changed +12.3% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$17.1B→$19.2B4 prior comparisons
Capex / revenue moved 1993 bp higher
Capex / revenue changed +1993 basis points from the comparable as-filed period.
41.27%→61.20%0 prior comparisons
Free-cash-flow proxy changed across a sign change
Free-cash-flow proxy changed -1228.5% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$23.9M→-$269.7M1 prior comparisons
Cash & equivalents increased 117.4%
Cash & equivalents changed +117.4% from the comparable as-filed period.
$23.0M→$50.0M3 prior comparisons
Gross margin moved 145 bp higher
Gross margin changed +145 basis points from the comparable as-filed period.
71.61%→73.06%2 prior comparisons
Current assets increased 7.0%
Current assets changed +7.0% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$2.6B→$2.8B4 prior comparisons
Operating income increased 6.9%
Operating income changed +6.9% from the comparable as-filed period.
$404.9M→$432.8M2 prior comparisons
Operating margin moved 84 bp higher
Operating margin changed +84 basis points from the comparable as-filed period.
20.15%→20.99%2 prior comparisons
Debt / revenue moved 9043 bp higher
Debt / revenue changed +9043 basis points from the comparable as-filed period.
1003.79%→1094.22%2 prior comparisons
Free-cash-flow margin moved 1427 bp lower
Free-cash-flow margin changed -1427 basis points from the comparable as-filed period.
1.19%→-13.08%0 prior comparisons
Operating cash-flow margin moved 566 bp higher
Operating cash-flow margin changed +566 basis points from the comparable as-filed period.
42.46%→48.12%2 prior comparisons
Gross debt increased 11.9%
Gross debt changed +11.9% from the comparable as-filed period. The change ranks at the 40th percentile of 10 prior comparable changes.
$20.2B→$22.6B10 prior comparisons
Net debt increased 11.7%
Net debt changed +11.7% from the comparable as-filed period.
$20.1B→$22.5B3 prior comparisons
Working capital decreased 15.6%
Working capital changed -15.6% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
-$2.1B→-$2.4B4 prior comparisons
Revenue increased 2.6%
Revenue changed +2.6% from the comparable as-filed period.
$2.0B→$2.1B2 prior comparisons
Total assets increased 8.7%
Total assets changed +8.7% from the comparable as-filed period.
$48.5B→$52.8B2 prior comparisons
Current liabilities increased 10.9%
Current liabilities changed +10.9% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$4.7B→$5.2B4 prior comparisons
Shares outstanding increased 1.2%
Shares outstanding changed +1.2% from the comparable as-filed period. The change ranks at the 50th percentile of 8 prior comparable changes.
321,866,395→325,849,3838 prior comparisons
Trade receivables increased 2.2%
Trade receivables changed +2.2% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$1.5B→$1.5B4 prior comparisons
Debt / assets moved 121 bp higher
Debt / assets changed +121 basis points from the comparable as-filed period.
41.57%→42.77%2 prior comparisons
Receivables / revenue moved 31 bp lower
Receivables / revenue changed -31 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
74.47%→74.16%2 prior comparisons
Operating cash flow / net income decreased 6.1%
Operating cash flow / net income changed -6.1% from the comparable as-filed period.
3.51→3.32 prior comparisons
Working capital / assets moved 28 bp lower
Working capital / assets changed -28 basis points from the comparable as-filed period.
-4.32%→-4.60%2 prior comparisons
Current ratio decreased 3.5%
Current ratio changed -3.5% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
0.55→0.534 prior comparisons
Cost of revenue decreased 2.6%
Cost of revenue changed -2.6% from the comparable as-filed period.
$570.5M→$555.6M2 prior comparisons
Cash / debt moved 11 bp higher
Cash / debt changed +11 basis points from the comparable as-filed period.
0.11%→0.22%3 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.