Wisconsin Electric Power (WELPM) Operating Expenses (2010 - 2026)

Wisconsin Electric Power (WELPM) reported Operating Expenses of $965.2 million for Q1 2026, up 15.8% year-over-year from $833.5 million in Q1 2025, and up 11.61% quarter-over-quarter from $864.8 million in Q4 2025.

Wisconsin Electric Power (WELPM) Operating Expenses (2010 - 2026) Analysis & Trends

Wisconsin Electric Power (WELPM) has 17 years of Operating Expenses data on file, last reported at $965.2 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $965.2 million, up 15.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.5 billion (up 15.61% YoY), and the FY2025 annual result was $3.3 billion, up 13.85% from the prior year.
  • Operating Expenses climbed to $965.2 million in Q1 2026 per WELPM's latest filing, from $864.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $965.2 million in Q1 2026 and troughed at $656.2 million in Q2 2023.
  • A 5-year average of $785.9 million and a median of $782.9 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses slipped 10.96% in 2023, then grew 22.16% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $801.7 million in 2022, then dropped by 7.71% to $739.9 million in 2023, then dropped by 4.32% to $707.9 million in 2024, then increased by 22.16% to $864.8 million in 2025, then gained by 11.61% to $965.2 million in 2026.
  • Business Quant data shows WELPM's Operating Expenses at $965.2 million in Q1 2026, $864.8 million in Q4 2025, and $862.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 616.18 Mn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 3.63 Bn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 3.27 Bn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 2.45 Bn
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 1.64 Bn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -2.24 Bn
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 2.46 Bn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 3.37 Bn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 2.24 Bn
10 Wisconsin Electric Power - - 1.04 Bn 965.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 965.20 Mn
Dec 31, 2025 864.80 Mn
Sep 30, 2025 862.50 Mn
Jun 30, 2025 762.00 Mn
Mar 31, 2025 833.50 Mn
Dec 31, 2024 707.90 Mn
Sep 30, 2024 758.00 Mn
Jun 30, 2024 688.60 Mn
Mar 31, 2024 764.20 Mn
Dec 31, 2023 739.90 Mn
Sep 30, 2023 792.20 Mn
Jun 30, 2023 656.20 Mn
Mar 31, 2023 834.50 Mn
Dec 31, 2022 801.70 Mn
Sep 30, 2022 808.70 Mn
Jun 30, 2022 737.00 Mn
Mar 31, 2022 782.90 Mn
Dec 31, 2021 720.80 Mn
Sep 30, 2021 697.90 Mn
Jun 30, 2021 627.50 Mn