WEC Energy Group Effective Income Tax Rate Reconciliation, Tax Credit, Other, Percent decreased by 95.4% to 0.5% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.0%, from 0.4% to 0.5%. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates that miscellaneous tax credits are providing a larger relative benefit to the effective tax rate.
The percentage point impact of miscellaneous tax credits on the effective tax rate. This metric quantifies the relative...
Used by analysts to compare the tax efficiency of different companies' incentive portfolios.
other_effective_income_tax_rate_reconciliation_tax_credi_e55475| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 4.1% | 5% | 6.5% | 6.5% | 5% | 11.4% | 10% | 8% | 12.4% | 8.8% | 12.4% | 0.4% | 15.3% | 10.9% | 0.5% |
| QoQ Change | — | +22.0% | +30.0% | +0.0% | -23.1% | +128.0% | -12.3% | -20.0% | +55.0% | -29.0% | +40.9% | -96.8% | >999% | -28.8% | -95.4% |
| YoY Change | — | — | — | +58.5% | +0.0% | +75.4% | +53.8% | +60.0% | +8.8% | -12.0% | +55.0% | -96.8% | +73.9% | -12.1% | +25.0% |