Wec Energy (WEC) Deferred Taxes (2009 - 2026)
Wec Energy (WEC) reported Deferred Taxes of $27.8 million for Q1 2026, down 50.0% on a YoY basis from $55.6 million in Q1 2025, and down 61.55% quarter-over-quarter from $72.3 million in Q4 2025.
Wec Energy (WEC) Deferred Taxes (2009 - 2026) Analysis & Trends
Wec Energy has reported Deferred Taxes for 18 years, with the latest figure at $27.8 million in Q1 2026.
- For the quarter ending Q1 2026, Deferred Taxes fell 50.0% year-over-year to $27.8 million; the trailing twelve-month figure through Mar 2026 stood at $340.7 million (down 14.89% YoY), and the FY2025 full-year result was $368.5 million, down 30.34% from the prior year.
- Deferred Taxes for Q1 2026 stood at $27.8 million, down from $72.3 million in the prior quarter.
- The five-year high for Deferred Taxes was $184.3 million in Q1 2024, with the low at $24.6 million in Q3 2022.
- Historically, Deferred Taxes has averaged $83.8 million across 5 years, with a median of $63.5 million in 2023.
- Annual changes were most pronounced in 2022 — Deferred Taxes soared 1437.68% — and 2025, when it tumbled 69.83%.
- Wec Energy's Deferred Taxes 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 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 22.61 Mn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 284.00 Mn |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | -5.00 Mn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 27.80 Mn |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 56.00 Mn |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | - |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 610.00 Mn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 139.00 Mn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 82.00 Mn |
| 10 | Alliant Energy | 18.75 Bn | 18.19 Bn | 854.00 Mn | -33.00 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 |