Accounts Receivable, Allowance for Credit Loss
WEC Energy Group Accounts Receivable, Allowance for Credit Loss 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), Accounts Receivable, Allowance for Credit Loss 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 may signal deteriorating economic conditions for customers or a decline in collection efficiency.
Detailed definition
A contra-asset account representing the estimated portion of accounts receivable that the company does not expect to col...
Peer comparison
Typically low for regulated utilities due to the essential nature of service and regulatory mechanisms for bad debt recovery.
other_allowance_for_doubtful_accounts_receivableHistorical 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.
Accounts Receivable, Allowance for Credit Loss at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's accounts receivable, allowance for credit loss?
- WEC Energy Group (WEC) reported accounts receivable, allowance for credit loss of $156.00M in Q1 2026.
- How has WEC Energy Group's accounts receivable, allowance for credit loss changed year-over-year?
- WEC Energy Group's accounts receivable, allowance for credit loss decreased by 2.1% year-over-year, from $159.40M to $156.00M.
- What is the long-term trend for WEC Energy Group's accounts receivable, allowance for credit loss?
- Over 5 years (2020 to 2025), WEC Energy Group's accounts receivable, allowance for credit loss has grown at a -7.5% compound annual growth rate (CAGR), from $220.10M to $148.70M.
- What does accounts receivable, allowance for credit loss mean?
- The amount of money owed by customers that the company expects it will not be able to collect.