Wec Energy (WEC) Tax Rate (2009 - 2026)
Wec Energy's (WEC) quarterly Tax Rate came in at 8.23% in Q2 2026, up 80.0% on a YoY basis from 4.57% in Q2 2025, and up 33.2% quarter-over-quarter from 6.18% in Q1 2026.
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Wec Energy (WEC) Tax Rate (2009 - 2026) Analysis & Trends
Wec Energy (WEC) has reported Tax Rate for 18 consecutive years, with 8.23% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 80.0% year-over-year to 8.23%; the trailing twelve-month figure through Jun 2026 stood at 8.82% (down 61.0% YoY), and the FY2025 full-year result was 7.05%, down 566.0% from the prior year.
- Tax Rate climbed to 8.23% in Q2 2026 per WEC's latest filing, from 6.18% in the prior quarter.
- Across five years, Tax Rate topped out at 19.57% in Q3 2022 and bottomed at 2.19% in Q4 2025.
- Historically, Tax Rate has averaged 12.12% across 5 years, with a median of 12.11% in 2024.
- The sharpest annual moves came in 2022 and 2025: Tax Rate jumped 1057 bps in 2022, then plunged 1408 bps in 2025.
- Over 5 years, Tax Rate stood at 18.96% in 2022, then sank by 53 bps to 9.0% in 2023, then jumped by 32 bps to 11.88% in 2024, then slumped by 118 bps to 2.19% in 2025, then jumped by 475 bps to 8.23% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 8.23%, 6.18%, and 2.19% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | -25.06% |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 16.49% |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | -11.41% |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 8.23% |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 14.13% |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 20.72% |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 15.58% |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | 16.89% |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 24.03% |
| 10 | Connecticut Light & Power | 19.56 Bn | 19.60 Bn | 4.00 Bn | 25.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.23% |
| Mar 31, 2026 | 6.18% |
| Dec 31, 2025 | -2.19% |
| Sep 30, 2025 | 11.29% |
| Jun 30, 2025 | 7.43% |
| Mar 31, 2025 | 7.72% |
| Dec 31, 2024 | 11.88% |
| Sep 30, 2024 | 11.70% |
| Jun 30, 2024 | 16.53% |
| Mar 31, 2024 | 12.35% |
| Dec 31, 2023 | 9.00% |
| Sep 30, 2023 | 16.06% |
| Jun 30, 2023 | 14.33% |
| Mar 31, 2023 | 12.74% |
| Dec 31, 2022 | 18.96% |
| Sep 30, 2022 | 19.57% |
| Jun 30, 2022 | 18.05% |
| Mar 31, 2022 | 18.29% |
| Dec 31, 2021 | 8.39% |
| Sep 30, 2021 | 14.96% |