Wec Energy (WEC) Tax Provisions (2009 - 2026)
Wec Energy's (WEC) quarterly Tax Provisions came in at $53.1 million in Q1 2026, down 12.52% YoY from $60.7 million in Q1 2025, and up 1461.76% on a QoQ basis from $3.4 million in Q4 2025.
Wec Energy (WEC) Tax Provisions (2009 - 2026) Analysis & Trends
Wec Energy (WEC) has 18 years of Tax Provisions data on file, last reported at $53.1 million in Q1 2026.
- Quarterly Tax Provisions fell 12.52% year-over-year to $53.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $110.4 million (down 43.38% YoY) and the FY2025 annual result came in at $118.0 million, down 46.85% from the prior year.
- Tax Provisions rose to $53.1 million in Q1 2026, from $3.4 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $127.1 million in Q1 2022 to a low of $3.4 million in Q4 2025.
- A 5-year average of $54.2 million and a median of $59.0 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 187.8% — and 2025, when it tumbled 94.44%.
- Tracing WEC's Tax Provisions over 5 years: stood at $59.0 million in 2022, then plunged by 63.39% to $21.6 million in 2023, then surged by 182.87% to $61.1 million in 2024, then plunged by 94.44% to $3.4 million in 2025, then soared by 1461.76% to $53.1 million in 2026.
- The last three Tax Provisions figures came in at $53.1 million (Q1 2026), $3.4 million (Q4 2025), and $34.4 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 122.00 Mn |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | -60.00 Mn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 27.00 Mn |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 52.00 Mn |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 114.00 Mn |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 54.94 Mn |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 92.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 49.88 Mn |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 118.00 Mn |
Historic Data
Download 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 |