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
DateValue
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