Wec Energy (WEC) Deferred Taxes (2009 - 2026)
Wec Energy (WEC) posted Deferred Taxes of $27.8 million for Q1 2026, down 61.55% on a QoQ basis from $72.3 million in Q4 2025, and down 50.0% year-over-year from $55.6 million in Q1 2025.
Wec Energy (WEC) Deferred Taxes (2009 - 2026) Analysis & Trends
Wec Energy's Deferred Taxes history runs 18 years deep, the most recent figure standing at $27.8 million for Q1 2026.
- Quarterly Deferred Taxes fell 50.0% year-over-year to $27.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $340.7 million (down 14.89% YoY) and the FY2025 annual result came in at $368.5 million, down 30.34% from the prior year.
- Deferred Taxes was $27.8 million for Q1 2026 at Wec Energy, down from $72.3 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $184.3 million in Q1 2024 and bottomed at $24.6 million in Q3 2022.
- A 5-year average of $83.8 million and a median of $63.5 million in 2023 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes soared 1437.68% — and 2025, when it slumped 69.83%.
- Wec Energy's Deferred Taxes stood at $92.3 million in 2022, then tumbled by 31.2% to $63.5 million in 2023, then surged by 153.07% to $160.7 million in 2024, then tumbled by 55.01% to $72.3 million in 2025, then plunged by 61.55% to $27.8 million in 2026.
- Business Quant data shows WEC's Deferred Taxes at $27.8 million in Q1 2026, $72.3 million in Q4 2025, and $76.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 22.61 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 284.00 Mn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | -5.00 Mn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 27.80 Mn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 56.00 Mn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 610.00 Mn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 139.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 28.44 Mn |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 82.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.80 Mn |
| Dec 31, 2025 | 72.30 Mn |
| Sep 30, 2025 | 76.20 Mn |
| Jun 30, 2025 | 164.40 Mn |
| Mar 31, 2025 | 55.60 Mn |
| Dec 31, 2024 | 160.70 Mn |
| Sep 30, 2024 | 46.80 Mn |
| Jun 30, 2024 | 137.20 Mn |
| Mar 31, 2024 | 184.30 Mn |
| Dec 31, 2023 | 63.50 Mn |
| Sep 30, 2023 | 42.50 Mn |
| Jun 30, 2023 | 56.90 Mn |
| Mar 31, 2023 | 56.50 Mn |
| Dec 31, 2022 | 92.30 Mn |
| Sep 30, 2022 | 24.60 Mn |
| Jun 30, 2022 | 59.40 Mn |
| Mar 31, 2022 | 103.80 Mn |
| Dec 31, 2021 | -6.90 Mn |
| Sep 30, 2021 | -6.40 Mn |
| Jun 30, 2021 | 34.80 Mn |