Discontinued — last reported Q3 '23

Other

Purchase Obligation

WEC Energy Group Purchase Obligation increased by 22.9% to $11.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.2%, from $9.50B to $11.80B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2023

How to read this metric

An increase suggests expanding operational commitments or long-term capital projects, while a decrease may indicate reduced future operational requirements.

Detailed definition

Represents the total future payment commitments under non-cancelable contracts for goods or services. This metric highli...

Peer comparison

Standard across capital-intensive industries; peers often disclose these in the contractual obligations table.

Metric ID: purchase_obligation

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$10.90B$10.80B$10.50B$10.50B$10.60B$10.40B$10.20B$9.90B$9.50B$10.10B$9.80B$9.50B$9.40B$9.60B$11.80B
QoQ Change-0.9%-2.8%+0.0%+1.0%-1.9%-1.9%-2.9%-4.0%+6.3%-3.0%-3.1%-1.1%+2.1%+22.9%
YoY Change-3.7%-1.9%-1.0%-2.9%-6.6%-8.7%-1.0%-1.0%+0.0%-6.9%-2.0%+24.2%
Range$9.40B$11.80B
CAGR+2.3%
Avg YoY Growth-0.9%
Median YoY Growth-1.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is WEC Energy Group's purchase obligation?
WEC Energy Group (WEC) reported purchase obligation of $11.80B in Q1 2026.
How has WEC Energy Group's purchase obligation changed year-over-year?
WEC Energy Group's purchase obligation increased by 24.2% year-over-year, from $9.50B to $11.80B.
What does purchase obligation mean?
The total amount of money the company is contractually obligated to pay for future goods and services.