Net Income

Noncontrolling Interest Increase from Business Combination

WEC Energy Group Noncontrolling Interest Increase from Business Combination increased by 81.5% to $45.10M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 81.5%, from $24.85M to $45.10M.

Analysis

StatementIncome Statement
SectionNet Income
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ3 2018
Last reportedQ1 2025May 7, 2026

How to read this metric

An increase reflects the acquisition of entities where the company does not hold 100% ownership, impacting the noncontrolling interest line on the balance sheet.

Detailed definition

This metric tracks the increase in the equity portion of a subsidiary that is not attributable to the parent company, sp...

Peer comparison

Relevant for companies with complex corporate structures or joint ventures.

Metric ID: wmt_noncontrolling_interest_increase_business_combination

Historical Data

7 periods
 Q3 '22Q1 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25
Value$42.50M$112.90M$24.85M$24.85M$24.85M$24.85M$45.10M
QoQ Change+165.6%-78.0%+0.0%+0.0%+0.0%+81.5%
YoY Change-78.0%+81.5%
Range$24.85M$112.90M
CAGR+4.0%
Avg YoY Growth+1.7%
Median YoY Growth+1.7%
Current Streak4 quarters growth

Frequently Asked Questions

What is WEC Energy Group's noncontrolling interest increase from business combination?
WEC Energy Group (WEC) reported noncontrolling interest increase from business combination of $45.10M in Q1 2025.
How has WEC Energy Group's noncontrolling interest increase from business combination changed year-over-year?
WEC Energy Group's noncontrolling interest increase from business combination increased by 81.5% year-over-year, from $24.85M to $45.10M.
What does noncontrolling interest increase from business combination mean?
The increase in the value of minority stakes held by others following an acquisition.