Tax
State & Local Tax (Current)
WEC Energy Group State & Local Tax (Current) remained flat by 0.0% to -$2.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 93.8%, from -$32.13M to -$2.00M. Over 2 years (FY 2023 to FY 2025), State & Local Tax (Current) shows a downward trend with a -39.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025
How to read this metric
An increase may reflect expansion into higher-tax jurisdictions or changes in state-level tax policies.
Detailed definition
The portion of the total income tax provision that is currently payable to state and local government jurisdictions. Thi...
Peer comparison
Standard component of the total tax provision for companies with multi-state operations.
Metric ID:
msft_current_state_and_local_tax_expenseHistorical Data
3 years
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $21.90M | -$128.50M | -$8.00M |
| YoY Change | — | -686.8% | +93.8% |
Range-$128.50M – $21.90M
CAGR-39.6%
Avg YoY Growth-296.5%
Median YoY Growth-296.5%
State & Local Tax (Current) at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's state & local tax (current)?
- WEC Energy Group (WEC) reported state & local tax (current) of -$2.00M in Q4 2025.
- How has WEC Energy Group's state & local tax (current) changed year-over-year?
- WEC Energy Group's state & local tax (current) increased by 93.8% year-over-year, from -$32.13M to -$2.00M.
- What is the long-term trend for WEC Energy Group's state & local tax (current)?
- Over 2 years (2023 to 2025), WEC Energy Group's state & local tax (current) has grown at a -39.6% compound annual growth rate (CAGR), from $21.90M to -$8.00M.
- What does state & local tax (current) mean?
- The amount of income tax currently owed to state and local governments for the period.