COMP <GO>

WEC vs CEG // DIVIDEND YIELD & FCF PAYOUT SAFETY

WEC Energy Group Inc. (NYSE) VS. Constellation Energy Corporation Common Stock (NASDAQ) • 15-METRIC TALLY: WEC 8 — CEG 7

▲ DIVIDEND YIELD & FCF PAYOUT SAFETY LEADER: WEC

LAST: $116.07 (+1.26%) • MKT CAP: $37.35B

dividend-safety

3.07%

LAST: $262.38 (-0.83%) • MKT CAP: $93.74B

dividend-safety

0.52%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (WEC VS. CEG) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	WEC	CEG	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	66.70%	41.00%	+25.70	WEC	/gross-margins <GO>
Return on Invested Capital (ROIC)	3.90%	13.40%	-9.50	CEG	/roic <GO>
EV/EBITDA & P/E Valuation	21.3x	17.4x	+3.90	CEG	/valuation <GO>
Free Cash Flow Yield	7.87%	1.37%	+6.50	WEC	/fcf-yield <GO>
Operating Margin	22.90%	13.60%	+9.30	WEC	/operating-margins <GO>
Net Profit Margin	17.90%	10.20%	+7.70	WEC	/net-margins <GO>
Revenue Growth (YoY)	14.00%	19.50%	-5.50	CEG	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety ACTIVE	3.07%	0.52%	+2.55	WEC	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	1.42	2.13	-0.71	CEG	/balance-sheet <GO>
Piotroski F-Score Quality	7/9	8/9	-1.00	CEG	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	5.20%	5.90%	-0.70	WEC	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	74.0	46.6	+27.44	WEC	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.49	0.71	-0.22	CEG	/macro-sensitivity <GO>
Forward P/E Multiple	17.9x	33.9x	-16.00	WEC	/forward-pe <GO>
Enterprise Scale & Market Cap	$37.35B	$93.74B	-$56.39B	CEG	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	WEC REV	CEG REV	WEC GROSS %	CEG GROSS %	WEC FCF	CEG FCF
FY 2025	$9.80B	$22.66B	66.7%	44.0%	$2.94B	$1.29B
FY 2024	$8.60B	$18.96B	69.1%	44.0%	$2.82B	-$5.03B
FY 2023	$8.89B	$20.84B	44.0%	44.0%	$2.62B	-$6.24B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

WEC // BETA 0.49

CEG // BETA 0.71