Wec Energy (WEC) Tax Provisions (2009 - 2026)
Wec Energy (WEC) posted Tax Provisions of $53.1 million for Q1 2026, up 1461.76% on a QoQ basis from $3.4 million in Q4 2025, and down 12.52% year-over-year from $60.7 million in Q1 2025.
Wec Energy (WEC) Tax Provisions (2009 - 2026) Analysis & Trends
Wec Energy's Tax Provisions history runs 18 years deep, the most recent figure standing at $53.1 million for 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 was $53.1 million for Q1 2026 at Wec Energy, up from $3.4 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.
- 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 slumped 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 jumped by 182.87% to $61.1 million in 2024, then slumped by 94.44% to $3.4 million in 2025, then surged by 1461.76% to $53.1 million in 2026.
- Business Quant data shows WEC's Tax Provisions at $53.1 million in Q1 2026, $3.4 million in Q4 2025, and $34.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 81.67 Mn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 175.00 Mn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | -47.00 Mn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 53.10 Mn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 60.00 Mn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 682.00 Mn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 138.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 29.90 Mn |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 85.00 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 |