Wec Energy (WEC) Tax Provisions (2009 - 2026)
Wec Energy's (WEC) quarterly Tax Provisions came in at $27.0 million in Q2 2026, up 38.46% on a YoY basis from $19.5 million in Q2 2025, and down 49.15% quarter-over-quarter from $53.1 million in Q1 2026.
Analysis
Wec Energy (WEC) Tax Provisions (2009 - 2026) Analysis & Trends
Wec Energy (WEC) has reported Tax Provisions for 18 consecutive years, with $27.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 38.46% year-over-year to $27.0 million; the trailing twelve-month figure through Jun 2026 stood at $117.9 million (down 31.81% YoY), and the FY2025 full-year result was $118.0 million, down 46.85% from the prior year.
- Tax Provisions declined to $27.0 million in Q2 2026 per WEC's latest filing, from $53.1 million in the prior quarter.
- Across five years, Tax Provisions topped out at $127.1 million in Q1 2022 and bottomed at $3.4 million in Q4 2025.
- Historically, Tax Provisions has averaged $52.6 million across 5 years, with a median of $56.0 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions surged 187.8% in 2022, then plunged 94.44% in 2025.
- Over 5 years, Tax Provisions stood at $59.0 million in 2022, then plunged by 63.39% to $21.6 million in 2023, then jumped by 182.87% to $61.1 million in 2024, then slumped by 94.44% to $3.4 million in 2025, then soared by 694.12% to $27.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $27.0 million, $53.1 million, and $3.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | -98.00 Mn |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 122.00 Mn |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | -60.00 Mn |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 27.00 Mn |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 52.00 Mn |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 92.00 Mn |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 49.88 Mn |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | 114.00 Mn |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 118.00 Mn |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 203.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.00 Mn |
| Mar 31, 2026 | 53.10 Mn |
| Dec 31, 2025 | 3.40 Mn |
| Sep 30, 2025 | 34.40 Mn |
| Jun 30, 2025 | 19.50 Mn |
| Mar 31, 2025 | 60.70 Mn |
| Dec 31, 2024 | 61.10 Mn |
| Sep 30, 2024 | 31.60 Mn |
| Jun 30, 2024 | 41.60 Mn |
| Mar 31, 2024 | 87.70 Mn |
| Dec 31, 2023 | 21.60 Mn |
| Sep 30, 2023 | 60.40 Mn |
| Jun 30, 2023 | 48.50 Mn |
| Mar 31, 2023 | 74.10 Mn |
| Dec 31, 2022 | 59.00 Mn |
| Sep 30, 2022 | 73.40 Mn |
| Jun 30, 2022 | 63.40 Mn |
| Mar 31, 2022 | 127.10 Mn |
| Dec 31, 2021 | 20.50 Mn |
| Sep 30, 2021 | 50.80 Mn |