Wec Energy (WEC) Tax Rate (2009 - 2026)
Wec Energy's (WEC) quarterly Tax Rate came in at 6.18% in Q1 2026, down 154.0% YoY from 11.44% in Q1 2025, and up 472.63% on a QoQ basis from 1.66% in Q4 2025.
Wec Energy (WEC) Tax Rate (2009 - 2026) Analysis & Trends
Wec Energy (WEC) has 18 years of Tax Rate data on file, last reported at 6.18% in 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 improved to 6.18% in Q1 2026, from 1.66% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 19.57% in Q3 2022 to a low of 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 slumped 14097 bps — and 2025, when it jumped 13619 bps.
- Tracing WEC's Tax Rate over 5 years: stood at 18.96% in 2022, then tumbled by 53 bps to 9.0% in 2023, then surged by 32 bps to 11.88% in 2024, then tumbled by 114 bps to 1.66% in 2025, then jumped by 473 bps to 6.18% in 2026.
- The last three Tax Rate figures came in at 6.18% (Q1 2026), 1.66% (Q4 2025), and 11.29% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 16.49% |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | -11.41% |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 8.23% |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 14.13% |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 16.89% |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 14.18% |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 20.72% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 15.58% |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 24.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.23% |
| Jun 30, 2026 | 8.23% |
| Jun 30, 2026 | 8.23% |
| 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% |