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
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