Net Income

Net income applicable to common shareholders

WEC Energy Group Net income applicable to common shareholders increased by 154.1% to $804.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $724.20M to $804.40M. Over 4 years (FY 2021 to FY 2025), Net income applicable to common shareholders shows an upward trend with a 4.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase directly benefits common shareholders and is a key driver for potential dividend growth and share price appreciation.

Detailed definition

This is the portion of net income that remains after preferred stock dividends have been paid, representing the earnings...

Peer comparison

Standard for any company with a capital structure that includes preferred equity.

Metric ID: bac_net_income_applicable_to_common_shareholders

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$276.00M$290.00M$224.20M$565.90M$287.50M$302.00M$252.70M$507.50M$289.70M$316.00M$218.50M$622.30M$211.30M$240.10M$453.50M$724.20M$245.40M$271.30M$316.60M$804.40M
QoQ Change+5.1%-22.7%+152.4%-49.2%+5.0%-16.3%+100.8%-42.9%+9.1%-30.9%+184.8%-66.0%+13.6%+88.9%+59.7%-66.1%+10.6%+16.7%+154.1%
YoY Change+4.2%+4.1%+12.7%-10.3%+0.8%+4.6%-13.5%+22.6%-27.1%-24.0%+107.6%+16.4%+16.1%+13.0%-30.2%+11.1%
Range$211.30M$804.40M
CAGR+25.3%
Avg YoY Growth+6.8%
Median YoY Growth+4.4%
Current Streak3 quarters growth

Product Breakdown

View all
SegmentQ3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Utility operations$261.80M$492.50M$158.40M$185.50M$581.10M$208.50M$241.90M$634.60M
Total$316.00M$622.30M$211.30M$240.10M$724.20M$245.40M$271.30M$804.40M

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Non-Utility Energy Infrastructure$93.30M$85.00M$108.20M$108.80M$82.30M$87.90M$132.10M$120.60M
Corporate and Other-$71.80M-$62.10M-$35.80M-$2.60M-$81.00M-$95.80M-$59.50M$7.30M
Total$211.30M$240.10M$453.50M$724.20M$245.40M$271.30M$316.60M$804.40M

Frequently Asked Questions

What is WEC Energy Group's net income applicable to common shareholders?
WEC Energy Group (WEC) reported net income applicable to common shareholders of $804.40M in Q1 2026.
How has WEC Energy Group's net income applicable to common shareholders changed year-over-year?
WEC Energy Group's net income applicable to common shareholders increased by 11.1% year-over-year, from $724.20M to $804.40M.
What is the long-term trend for WEC Energy Group's net income applicable to common shareholders?
Over 4 years (2021 to 2025), WEC Energy Group's net income applicable to common shareholders has grown at a 4.6% compound annual growth rate (CAGR), from $1.30B to $1.56B.
What does net income applicable to common shareholders mean?
The profit available to common shareholders after preferred dividends are subtracted from net income.