Wec Energy (WEC) Tax Rate (2009 - 2026)

Wec Energy has reported Tax Rate for 18 years, with the latest figure at 6.18% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 154.0% year-over-year to 6.18%; the trailing twelve-month figure through Mar 2026 stood at 9.04% (down 373.0% YoY), and the FY2025 full-year result was 7.05%, down 566.0% from the prior year.
• Tax Rate for Q1 2026 stood at 6.18%, up from 1.66% in the prior quarter.
• The five-year high for Tax Rate was 19.57% in Q3 2022, with the low at 124.9% in Q3 2024.
• Historically, Tax Rate has averaged 4.34% across 5 years, with a median of 12.35% in 2024.
• Annual changes were most pronounced in 2024 — Tax Rate slumped 14097 bps — and 2025, when it jumped 13619 bps.
• Wec Energy's Tax Rate 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.