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Net Income

Net Income (NCI)

WEC Energy Group Net Income (NCI) increased by 1500.0% to $1.4M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 40.0%, from $1M to $1.4M. Over 3 years (FY 2021 to FY 2025), Net Income (NCI) shows relatively stable performance with a 2.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionNet Income
CategoryOther
SignalLower is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase means a larger portion of consolidated earnings is allocated to non-parent stakeholders.

Detailed definition

The portion of a subsidiary's net income that is attributable to minority shareholders who own a stake in that subsidiar...

Peer comparison

Common in utilities with joint ventures or partially owned infrastructure assets.

Metric ID: minority_interest

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$600K-$1.6M-$700K$1.8M$0-$600K-$200K$0-$700K-$300K$0-$1.6M-$1.8M-$1.6M$1M-$2.7M-$1.4M-$100K$1.4M
QoQ Change-166.7%+56.3%+357.1%-100.0%+66.7%+100.0%+57.1%+100.0%-12.5%+11.1%+162.5%-370.0%+48.1%+92.9%>999%
YoY Change+100.0%+62.5%-111.1%-16.7%+100.0%-157.1%-433.3%-68.8%+22.2%+93.8%+40.0%
Range-$2.7M$1.8M
CAGR+20.7%
Avg YoY Growth-33.5%
Median YoY Growth+22.2%
Current Streak3 quarters growth

Product Breakdown

View all
SegmentQ1 '25Q2 '25Q3 '25Q1 '26
Utility operations$0$0$0$0
Total$1M-$2.7M-$1.4M$1.4M

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Non-Utility Energy Infrastructure$1M-$2.7M-$1.4M-$100K$1.4M
Corporate and Other$0$0$0$0$0
Electric Transmission$0
Total$1M-$2.7M-$1.4M-$100K$1.4M

Frequently Asked Questions

What is WEC Energy Group's net income (nci)?
WEC Energy Group (WEC) reported net income (nci) of $1.4M in Q1 2026.
How has WEC Energy Group's net income (nci) changed year-over-year?
WEC Energy Group's net income (nci) increased by 40.0% year-over-year, from $1M to $1.4M.
What is the long-term trend for WEC Energy Group's net income (nci)?
Over 3 years (2021 to 2025), WEC Energy Group's net income (nci) has grown at a 2.2% compound annual growth rate (CAGR), from -$3M to -$3.2M.
What does net income (nci) mean?
The share of profits belonging to outside owners of the company's subsidiaries.