Net Income (NCI)
WEC Energy Group Net Income (NCI) increased by 1500.0% to $1.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 40.0%, from $1.00M to $1.40M. Over 3 years (FY 2021 to FY 2025), Net Income (NCI) shows relatively stable performance with a 2.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase indicates that the company's majority-owned subsidiaries are generating more profit for their minority partners, which reduces the net income available to the parent company's shareholders.
Detailed definition
This metric represents the portion of a subsidiary's net income that is attributable to minority shareholders who hold a...
Peer comparison
Standard accounting line item for any company with partially owned consolidated subsidiaries.
minority_interestHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '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 | -$600.00K | -$1.60M | -$700.00K | $1.80M | $0.00 | -$600.00K | -$200.00K | $0.00 | -$700.00K | -$300.00K | $0.00 | -$1.60M | -$1.80M | -$1.60M | $1.00M | -$2.70M | -$1.40M | -$100.00K | $1.40M |
| QoQ Change | — | -166.7% | +56.3% | +357.1% | -100.0% | — | +66.7% | +100.0% | — | +57.1% | +100.0% | — | -12.5% | +11.1% | +162.5% | -370.0% | +48.1% | +92.9% | >999% |
| YoY Change | — | — | — | — | +100.0% | +62.5% | -111.1% | — | -16.7% | — | +100.0% | — | -157.1% | -433.3% | — | -68.8% | +22.2% | +93.8% | +40.0% |
Product Breakdown
| Segment | Q2 '23 | Q3 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Utility operations | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $0.00 | -$700.00K | -$1.80M | -$1.60M | $1.00M | -$2.70M | -$1.40M | $1.40M |
Business Segments
| Segment | Q4 '23 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Non-Utility Energy Infrastructure | -$300.00K | -$1.80M | -$1.60M | $1.00M | -$2.70M | -$1.40M | -$100.00K | $1.40M |
| Corporate and Other | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Electric Transmission | — | $0.00 | $0.00 | — | — | — | — | — |
| Total | -$300.00K | -$1.80M | -$1.60M | $1.00M | -$2.70M | -$1.40M | -$100.00K | $1.40M |
Net Income (NCI) at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's net income (nci)?
- WEC Energy Group (WEC) reported net income (nci) of $1.40M in Q1 2026.
- How has WEC Energy Group's net income (nci) changed year-over-year?
- WEC Energy Group's net income (nci) increased by 40.0% year-over-year, from $1.00M to $1.40M.
- What is the long-term trend for WEC Energy Group's net income (nci)?
- Over 3 years (2021 to 2025), WEC Energy Group's net income (nci) has grown at a 2.2% compound annual growth rate (CAGR), from -$3.00M to -$3.20M.
- What does net income (nci) mean?
- The share of profits belonging to other investors who own a minority stake in the company's subsidiaries.