Other

Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent

WEC Energy Group Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent decreased by 3.3% to $0.06 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.5%, from $0.06 to $0.06. This is a positive signal — lower values indicate better performance for this metric.

Analysis

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

How to read this metric

A higher percentage indicates a greater tax burden from state-level operations, which can be influenced by the company's geographic footprint.

Detailed definition

The percentage impact of state and local income taxes on the company's effective tax rate. This metric quantifies the ta...

Peer comparison

Standard component of the effective tax rate reconciliation table.

Metric ID: other_effective_income_tax_rate_reconciliation_state_and_443004

Historical Data

15 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06
QoQ Change+0.0%+0.0%+0.0%+0.0%-1.6%+0.0%+0.0%-1.6%+1.6%+0.0%+0.0%-6.5%+3.4%-3.3%
YoY Change+0.0%+0.0%-1.6%-1.6%-1.6%-1.6%+0.0%+0.0%+1.6%-6.5%-3.2%-6.5%
Range$0.06$0.06
CAGR-2.3%
Avg YoY Growth-1.7%
Median YoY Growth-1.6%

Frequently Asked Questions

What is WEC Energy Group's effective income tax rate reconciliation, state and local income taxes, percent?
WEC Energy Group (WEC) reported effective income tax rate reconciliation, state and local income taxes, percent of $0.06 in Q1 2026.
How has WEC Energy Group's effective income tax rate reconciliation, state and local income taxes, percent changed year-over-year?
WEC Energy Group's effective income tax rate reconciliation, state and local income taxes, percent decreased by 6.5% year-over-year, from $0.06 to $0.06.
What does effective income tax rate reconciliation, state and local income taxes, percent mean?
The portion of the effective tax rate attributed to state and local taxes.