Discontinued — last reported Q1 '23
Allowance for Doubtful Accounts
WEC Energy Group Allowance for Doubtful Accounts increased by 4.9% to $156.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $159.40M to $156.00M. Over 5 years (FY 2020 to FY 2025), Allowance for Doubtful Accounts shows a downward trend with a -7.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increasing allowance relative to receivables may signal deteriorating customer credit quality or economic headwinds.
Detailed definition
This is a contra-asset account representing the estimated portion of accounts receivable that the company does not expec...
Peer comparison
Standard across all industries that sell on credit; peer comparison is essential for assessing industry-specific credit risk.
allowance_for_doubtful_accountsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $231.70M | $199.70M | $198.30M | $200.60M | $175.80M | $168.50M | $199.30M | $213.80M | $178.70M | $176.80M | $193.50M | $190.70M | $166.90M | $155.00M | $162.80M | $159.40M | $142.20M | $129.50M | $148.70M | $156.00M |
| QoQ Change | — | -13.8% | -0.7% | +1.2% | -12.4% | -4.2% | +18.3% | +7.3% | -16.4% | -1.1% | +9.4% | -1.4% | -12.5% | -7.1% | +5.0% | -2.1% | -10.8% | -8.9% | +14.8% | +4.9% |
| YoY Change | — | — | — | — | -24.1% | -15.6% | +0.5% | +6.6% | +1.6% | +4.9% | -2.9% | -10.8% | -6.6% | -12.3% | -15.9% | -16.4% | -14.8% | -16.5% | -8.7% | -2.1% |
Product Breakdown
| Segment | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Utility operations | $175.80M | $168.50M | $213.80M | $178.70M | $176.80M | $190.70M | $166.90M | $155.00M |
| Total | $175.80M | $168.50M | $213.80M | $178.70M | $176.80M | $190.70M | $166.90M | $155.00M |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Corporate and Other | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Non-Utility Energy Infrastructure | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $199.30M | $213.80M | $178.70M | $176.80M | $193.50M | $190.70M | $166.90M | $155.00M |
Corporate and Other, Non-Utility Energy Infrastructure were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Allowance for Doubtful Accounts at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's allowance for doubtful accounts?
- WEC Energy Group (WEC) reported allowance for doubtful accounts of $156.00M in Q1 2026.
- How has WEC Energy Group's allowance for doubtful accounts changed year-over-year?
- WEC Energy Group's allowance for doubtful accounts decreased by 2.1% year-over-year, from $159.40M to $156.00M.
- What is the long-term trend for WEC Energy Group's allowance for doubtful accounts?
- Over 5 years (2020 to 2025), WEC Energy Group's allowance for doubtful accounts has grown at a -7.5% compound annual growth rate (CAGR), from $220.10M to $148.70M.
- What does allowance for doubtful accounts mean?
- The estimated amount of customer debt that the company expects will not be paid.