Other
Accounts Receivable, Allowance for Credit Loss, Writeoff
WEC Energy Group Accounts Receivable, Allowance for Credit Loss, Writeoff decreased by 17.2% to $60.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.8%, from $60.10M to $60.60M. Over 4 years (FY 2021 to FY 2025), Accounts Receivable, Allowance for Credit Loss, Writeoff shows an upward trend with a 16.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026May 7, 2026
How to read this metric
High write-offs indicate poor credit management or significant financial distress among the customer base.
Detailed definition
The actual reduction in the accounts receivable balance resulting from the formal write-off of uncollectible customer de...
Peer comparison
Standard metric for assessing the effectiveness of credit and collection policies.
Metric ID:
other_allowance_for_doubtful_accounts_receivable_write_offsHistorical Data
20 periods
| 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 | $21.10M | $46.80M | $40.10M | $57.50M | $41.20M | $49.40M | $57.90M | $53.50M | $51.50M | $47.70M | $70.90M | $64.90M | $59.30M | $46.20M | $73.00M | $60.10M | $54.80M | $52.90M | $73.20M | $60.60M |
| QoQ Change | — | +121.8% | -14.3% | +43.4% | -28.3% | +19.9% | +17.2% | -7.6% | -3.7% | -7.4% | +48.6% | -8.5% | -8.6% | -22.1% | +58.0% | -17.7% | -8.8% | -3.5% | +38.4% | -17.2% |
| YoY Change | — | — | — | — | +95.3% | +5.6% | +44.4% | -7.0% | +25.0% | -3.4% | +22.5% | +21.3% | +15.1% | -3.1% | +3.0% | -7.4% | -7.6% | +14.5% | +0.3% | +0.8% |
Range$21.10M – $73.20M
CAGR+24.9%
Avg YoY Growth+13.7%
Median YoY Growth+4.3%
Product Breakdown
| Segment | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Utility operations | $47.70M | $64.90M | $59.30M | $46.20M | $60.10M | $54.80M | $52.90M | $60.60M |
| Total | $47.70M | $64.90M | $59.30M | $46.20M | $60.10M | $54.80M | $52.90M | $60.60M |
Accounts Receivable, Allowance for Credit Loss, Writeoff at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's accounts receivable, allowance for credit loss, writeoff?
- WEC Energy Group (WEC) reported accounts receivable, allowance for credit loss, writeoff of $60.60M in Q1 2026.
- How has WEC Energy Group's accounts receivable, allowance for credit loss, writeoff changed year-over-year?
- WEC Energy Group's accounts receivable, allowance for credit loss, writeoff increased by 0.8% year-over-year, from $60.10M to $60.60M.
- What is the long-term trend for WEC Energy Group's accounts receivable, allowance for credit loss, writeoff?
- Over 4 years (2021 to 2025), WEC Energy Group's accounts receivable, allowance for credit loss, writeoff has grown at a 16.7% compound annual growth rate (CAGR), from $129.80M to $241.00M.
- What does accounts receivable, allowance for credit loss, writeoff mean?
- The actual amount of customer debt written off because it cannot be collected.