Wec Energy (WEC) Tax Provisions (2009 - 2026)
Wec Energy (WEC) reported Tax Provisions of $53.1 million for Q1 2026, down 12.52% on a YoY basis from $60.7 million in Q1 2025, and up 1461.76% quarter-over-quarter from $3.4 million in Q4 2025.
Wec Energy (WEC) Tax Provisions (2009 - 2026) Analysis & Trends
Wec Energy has reported Tax Provisions for 18 years, with the latest figure at $53.1 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 12.52% year-over-year to $53.1 million; the trailing twelve-month figure through Mar 2026 stood at $110.4 million (down 43.38% YoY), and the FY2025 full-year result was $118.0 million, down 46.85% from the prior year.
- Tax Provisions for Q1 2026 stood at $53.1 million, up from $3.4 million in the prior quarter.
- The five-year high for Tax Provisions was $127.1 million in Q1 2022, with the low at $3.4 million in Q4 2025.
- Historically, Tax Provisions has averaged $54.2 million across 5 years, with a median of $59.0 million in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions jumped 187.8% — and 2025, when it tumbled 94.44%.
- Wec Energy's Tax Provisions stood at $59.0 million in 2022, then slumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 81.67 Mn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 48.00 Mn |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | -47.00 Mn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 53.10 Mn |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 60.00 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 | 682.00 Mn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 138.00 Mn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 85.00 Mn |
| 10 | Alliant Energy | 18.75 Bn | 18.19 Bn | 854.00 Mn | -40.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 54.10 Mn |