Other
Asset Retirement Obligation
WEC Energy Group Asset Retirement Obligation increased by 2.1% to $660.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.8%, from $601.50M to $660.60M. Over 5 years (FY 2020 to FY 2025), Asset Retirement Obligation shows an upward trend with a 4.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2024
How to read this metric
Changes reflect updates to environmental regulations, cost estimates, or the timing of asset retirements.
Detailed definition
This represents the estimated liability for the future costs associated with retiring long-lived assets, such as power p...
Peer comparison
Crucial for comparing environmental liability exposure among utility companies with aging infrastructure.
Metric ID:
other_asset_retirement_obligationHistorical Data
14 periods
| Q4 '21 | Q4 '22 | 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 | $462.00M | $479.30M | $502.90M | $505.50M | $374.20M | $377.70M | $543.60M | $547.90M | $580.00M | $601.50M | $616.40M | $623.20M | $647.00M | $660.60M |
| QoQ Change | — | +3.7% | +4.9% | +0.5% | -26.0% | +0.9% | +43.9% | +0.8% | +5.9% | +3.7% | +2.5% | +1.1% | +3.8% | +2.1% |
| YoY Change | — | +3.7% | — | — | -21.9% | — | +8.1% | +8.4% | +55.0% | +59.3% | +13.4% | +13.7% | +11.6% | +9.8% |
Range$374.20M – $660.60M
CAGR+11.6%
Avg YoY Growth+16.1%
Median YoY Growth+10.7%
Current Streak9 quarters growth
Asset Retirement Obligation at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's asset retirement obligation?
- WEC Energy Group (WEC) reported asset retirement obligation of $660.60M in Q1 2026.
- How has WEC Energy Group's asset retirement obligation changed year-over-year?
- WEC Energy Group's asset retirement obligation increased by 9.8% year-over-year, from $601.50M to $660.60M.
- What is the long-term trend for WEC Energy Group's asset retirement obligation?
- Over 5 years (2020 to 2025), WEC Energy Group's asset retirement obligation has grown at a 4.7% compound annual growth rate (CAGR), from $513.50M to $647.00M.
- What does asset retirement obligation mean?
- The estimated future cost to retire and clean up company assets, discounted to present value.