Wec Energy (WEC) Deferred Taxes (2009 - 2026)
Wec Energy's (WEC) quarterly Deferred Taxes came in at $27.8 million in Q1 2026, down 50.0% YoY from $55.6 million in Q1 2025, and down 61.55% on a QoQ basis from $72.3 million in Q4 2025.
Wec Energy (WEC) Deferred Taxes (2009 - 2026) Analysis & Trends
Wec Energy (WEC) has 18 years of Deferred Taxes data on file, last reported at $27.8 million in 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 eased to $27.8 million in Q1 2026, from $72.3 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $184.3 million in Q1 2024 to a low of $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 tumbled 69.83%.
- Tracing WEC's Deferred Taxes over 5 years: stood at $92.3 million in 2022, then sank by 31.2% to $63.5 million in 2023, then soared by 153.07% to $160.7 million in 2024, then sank by 55.01% to $72.3 million in 2025, then slumped by 61.55% to $27.8 million in 2026.
- The last three Deferred Taxes figures came in at $27.8 million (Q1 2026), $72.3 million (Q4 2025), and $76.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 32.00 Mn |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | -23.00 Mn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 162.10 Mn |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 71.00 Mn |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | - |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 24.58 Mn |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 79.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 30.36 Mn |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 114.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 162.10 Mn |
| 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 |