Wec Energy (WEC) Tax Rate (2009 - 2026)
Wec Energy (WEC) reported Tax Rate of 8.23% for Q2 2026, up 0.80 percentage points from 7.43% a year earlier and up 2.05 percentage points from the prior quarter.
Powered by 
Analysis
Wec Energy (WEC) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Wec Energy's Tax Rate came in at 6.51%, down 2.93 percentage points year-over-year; for FY2025, it was 7.05%, down 5.66 percentage points from FY2024.
- Tax Rate has declined for three consecutive years, with a five-year change of -8.89 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 12.71% in FY2024 (-0.61 pp), 13.32% in FY2023 (-5.32 pp), 18.64% in FY2022 (+5.27 pp) and 13.36% in FY2021 (-2.58 pp).
- Five-year quarterly Tax Rate spans a low of 1.06% in Q4 2025 and a high of 19.57% in Q3 2022.
- Year over year, Tax Rate gained in two of the last eight quarters, with an average year-over-year change of -3.40 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2022 (a gain of 10.57 percentage points); the low point was Q4 2025 (a drop of 10.82 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.18% (Q1 2026), 1.06% (Q4 2025) and 11.29% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 16.49% |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | - |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 8.23% |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 14.13% |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 14.18% |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 19.98% |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 22.22% |
| 10 | Dte Energy | 25.14 Bn | 24.62 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.23% |
| Mar 31, 2026 | 6.18% |
| Dec 31, 2025 | 1.06% |
| 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% |
API Access
Wec Energy Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=WEC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "WEC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=WEC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();