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WEC Energy Group WEC Allowance for Doubtful Accounts Receivable (Current)

Allowance for Doubtful Accounts Receivable (Current) at other companies

CMS
CMS EnergyCMS
$32M+10.3%
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Portland General ElectricPOR
$13M0.0%
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$402M-0.5%
FirstEnergy logo
FirstEnergyFE
$48M-4.0%
Essential Utilities logo
Essential UtilitiesWTRG
$61.69M+4.7%
CNP
CenterPoint EnergyCNP
$28M0.0%

Segments

By segment

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Corporate and Other$0—
Non-Utility Energy Infrastructure$0—

Other financials

Income statement

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Revenue$2.1B+2.6%
Gross profit$1.5B+4.7%
Operating income$432.8M+6.9%
Net income$299.2M+23.1%
EPS (diluted)$0.91+19.7%

Balance sheet

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Cash & equivalents$50.0M-27.7%
Total debt$21.6B+18.0%
Total equity$14.1B+3.4%
Total assets$52.8B+8.7%

Cash flow

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Operating cash flow$992.3M+16.3%
CapEx$1.3B+52.2%
Free cash flow-$269.7M-1,228%

Valuation

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Market cap$34.58B-2.0%
Enterprise value$56.1B+4.8%
P/E20.4×-0.8×
P/S3.4×-0.4×

Profitability

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Gross margin65.7%-2.1pp
Operating margin22.8%-2.1pp
Net margin16.7%-1.1pp
FCF margin-13.5%—

Returns & leverage

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Return on equity12.2%-0.6pp
Debt / equity1.5×+0.2×
Current ratio0.5×0.0×

Where this comes from

Reported directly by WEC Energy Group in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent.

The source filing: WEC Energy Group’s 10-Q, filed May 7, 2026.

Filed
May 6, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000783325-26-000052
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)(in millions, except share and per share amounts)March 31, 2026December 31, 2025
Assets
Current assets
Cash and cash equivalents$45.6$27.6
Accounts receivable and unbilled revenues, net of reserves of $156.0 and $148.7, respectively1,914.42,062.7
Materials, supplies, and inventories612.3803.4
Prepaid taxes125.2178.8
Other prepayments80.592.4
Other203.0119.8

Item 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is WEC Energy Group's allowance for doubtful accounts receivable (current)?
WEC Energy Group (WEC) reported allowance for doubtful accounts receivable (current) of $156M in Q1 2026.
How has WEC Energy Group's allowance for doubtful accounts receivable (current) changed year-over-year?
WEC Energy Group's allowance for doubtful accounts receivable (current) decreased by 2.1% year-over-year, from $159.4M to $156M.
What is the long-term trend for WEC Energy Group's allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), WEC Energy Group's allowance for doubtful accounts receivable (current) has grown at a -7.5% compound annual growth rate (CAGR), from $220.1M to $148.7M.
What does allowance for doubtful accounts receivable (current) mean?
This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.

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