Other

Effective Income Tax Rate Reconciliation, Percent

WEC Energy Group Effective Income Tax Rate Reconciliation, Percent decreased by 45.1% to $0.06 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.5%, from $0.08 to $0.06. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026May 7, 2026

How to read this metric

A lower rate generally improves net income, while a higher rate may indicate increased tax liabilities or fewer tax credits.

Detailed definition

This metric represents the total effective income tax rate applied to earnings from continuing operations. It is calcula...

Peer comparison

A standard financial ratio reported by all public companies to explain their tax efficiency.

Metric ID: other_effective_income_tax_rate_continuing_operations

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$0.16$0.15$0.18$0.18$0.20$0.13$0.14$0.16$0.12$0.17$0.12$0.08$0.07$0.11$0.06
QoQ Change-8.5%+22.0%-1.1%+8.3%-35.2%+12.6%+12.6%-23.6%+34.1%-29.1%-34.2%-3.9%+52.7%-45.1%
YoY Change+10.4%+30.7%-30.6%-21.0%-17.9%-3.1%+15.4%-27.3%-37.4%-55.2%-3.4%-19.5%
Range$0.06$0.20
CAGR-24.3%
Avg YoY Growth-13.2%
Median YoY Growth-18.7%

Frequently Asked Questions

What is WEC Energy Group's effective income tax rate reconciliation, percent?
WEC Energy Group (WEC) reported effective income tax rate reconciliation, percent of $0.06 in Q1 2026.
How has WEC Energy Group's effective income tax rate reconciliation, percent changed year-over-year?
WEC Energy Group's effective income tax rate reconciliation, percent decreased by 19.5% year-over-year, from $0.08 to $0.06.
What does effective income tax rate reconciliation, percent mean?
The actual percentage of pre-tax income paid as income taxes from ongoing business operations.