Interest Expense
WEC Energy Group Interest Expense increased by 0.4% to $228.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.5%, from $223.00M to $228.50M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 17.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
interest_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | 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 | $120.00M | $118.00M | $113.60M | $117.60M | $119.80M | $127.50M | $150.20M | $172.20M | $178.70M | $182.50M | $194.00M | $192.00M | $200.60M | $204.20M | $218.50M | $223.00M | $220.80M | $223.60M | $227.70M | $228.50M |
| QoQ Change | — | -1.7% | -3.7% | +3.5% | +1.9% | +6.4% | +17.8% | +14.6% | +3.8% | +2.1% | +6.3% | -1.0% | +4.5% | +1.8% | +7.0% | +2.1% | -1.0% | +1.3% | +1.8% | +0.4% |
| YoY Change | — | — | — | — | -0.2% | +8.1% | +32.2% | +46.4% | +49.2% | +43.1% | +29.2% | +11.5% | +12.3% | +11.9% | +12.6% | +16.1% | +10.1% | +9.5% | +4.2% | +2.5% |
Product Breakdown
| Segment | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| Total regulated revenues | $176.45M | $176.45M | $187.10M | $187.10M | $187.10M | $186.70M | $186.70M | $186.70M |
| Utility operations | $175.60M | $174.40M | $186.80M | — | — | — | — | — |
| Total | $178.70M | $182.50M | $192.00M | $200.60M | $204.20M | $223.00M | $220.80M | $223.60M |
Total regulated revenues is derived from annual filings.
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Corporate and Other | $76.50M | $79.00M | $87.90M | $86.90M | $88.50M | $90.90M | $92.70M | $92.00M |
| Non-Utility Energy Infrastructure | $24.10M | $23.40M | $28.10M | $30.60M | $31.50M | $30.50M | $30.50M | $29.70M |
| Total | $200.60M | $204.20M | $218.50M | $223.00M | $220.80M | $223.60M | $227.70M | $228.50M |
Interest Expense at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's interest expense?
- WEC Energy Group (WEC) reported interest expense of $228.50M in Q1 2026.
- How has WEC Energy Group's interest expense changed year-over-year?
- WEC Energy Group's interest expense increased by 2.5% year-over-year, from $223.00M to $228.50M.
- What is the long-term trend for WEC Energy Group's interest expense?
- Over 4 years (2021 to 2025), WEC Energy Group's interest expense has grown at a 17.4% compound annual growth rate (CAGR), from $471.10M to $895.10M.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.