Wec Energy (WEC) Tax Rate (2009 - 2026)
Wec Energy (WEC) posted Tax Rate of 6.18% for Q1 2026, up 472.63% on a QoQ basis from 1.66% in Q4 2025, and down 154.0% year-over-year from 11.44% in Q1 2025.
Wec Energy (WEC) Tax Rate (2009 - 2026) Analysis & Trends
Wec Energy's Tax Rate history runs 18 years deep, the most recent figure standing at 6.18% for Q1 2026.
- Quarterly Tax Rate fell 154.0% year-over-year to 6.18% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.04% (down 373.0% YoY) and the FY2025 annual result came in at 7.05%, down 566.0% from the prior year.
- Tax Rate was 6.18% for Q1 2026 at Wec Energy, up from 1.66% in the prior quarter.
- Across five years, Tax Rate topped out at 19.57% in Q3 2022 and bottomed at 124.9% in Q3 2024.
- A 5-year average of 4.34% and a median of 12.35% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate sank 14097 bps — and 2025, when it jumped 13619 bps.
- Wec Energy's 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 sank by 114 bps to 1.66% in 2025, then soared by 473 bps to 6.18% in 2026.
- Business Quant data shows WEC's Tax Rate at 6.18% in Q1 2026, 1.66% in Q4 2025, and 11.29% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 16.62% |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 18.78% |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | -9.23% |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 6.18% |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 14.35% |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 26.18% |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 22.85% |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 9.43% |
| 10 | Cms Energy | 22.72 Bn | 23.22 Bn | 2.28 Bn | 23.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.18% |
| Mar 31, 2026 | 6.18% |
| Mar 31, 2026 | 6.18% |
| Dec 31, 2025 | -1.66% |
| Dec 31, 2025 | -1.66% |
| Dec 31, 2025 | -1.66% |
| Sep 30, 2025 | 11.29% |
| Sep 30, 2025 | 11.29% |
| Sep 30, 2025 | 11.29% |
| Jun 30, 2025 | 7.43% |
| Jun 30, 2025 | 7.43% |
| Jun 30, 2025 | 7.43% |
| Mar 31, 2025 | 7.72% |
| Mar 31, 2025 | 7.72% |
| Mar 31, 2025 | 7.72% |
| Dec 31, 2024 | 11.88% |
| Dec 31, 2024 | 11.88% |
| Dec 31, 2024 | 11.88% |
| Sep 30, 2024 | -124.90% |
| Sep 30, 2024 | -124.90% |