Other
Federal excess deferred tax amortization, percent
WEC Energy Group Federal excess deferred tax amortization, percent increased by 8.3% to -2.2% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.3%, from -2.4% to -2.2%. Over 3 years (FY 2021 to FY 2024), Federal excess deferred tax amortization, percent shows an upward trend with a -5.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026May 7, 2026
How to read this metric
A higher percentage indicates a more significant tax benefit contributing to earnings per share.
Detailed definition
The percentage impact on the effective tax rate resulting from the amortization of federal excess deferred income taxes....
Peer comparison
Used by analysts to normalize effective tax rates across the utility sector.
Metric ID:
other_effective_income_tax_reconciliation_federal_excess_5c108cHistorical Data
17 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -0.6% | -0.6% | -0.6% | -0.5% | -0.5% | -0.5% | -0.5% | -0.6% | -0.6% | -0.6% | -0.6% | -0.5% | -0.5% | -0.5% | -0.5% | -2.4% | -2.2% |
| QoQ Change | — | +0.0% | +0.0% | +16.0% | +0.0% | +0.0% | +0.0% | -14.3% | +0.0% | +0.0% | +0.0% | +12.5% | +0.0% | +0.0% | +0.0% | -357.1% | +8.3% |
| YoY Change | — | — | — | — | +16.0% | +16.0% | +16.0% | -14.3% | -14.3% | -14.3% | -14.3% | +12.5% | +12.5% | +12.5% | +12.5% | -357.1% | +8.3% |
Range-2.4% – -0.5%
CAGR+37.0%
Avg YoY Growth-23.7%
Median YoY Growth+12.5%
Federal excess deferred tax amortization, percent at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's federal excess deferred tax amortization, percent?
- WEC Energy Group (WEC) reported federal excess deferred tax amortization, percent of -2.2% in Q1 2026.
- How has WEC Energy Group's federal excess deferred tax amortization, percent changed year-over-year?
- WEC Energy Group's federal excess deferred tax amortization, percent increased by 8.3% year-over-year, from -2.4% to -2.2%.
- What is the long-term trend for WEC Energy Group's federal excess deferred tax amortization, percent?
- Over 3 years (2021 to 2024), WEC Energy Group's federal excess deferred tax amortization, percent has grown at a -5.6% compound annual growth rate (CAGR), from -2.5% to -2.1%.
- What does federal excess deferred tax amortization, percent mean?
- The percentage reduction in the effective tax rate due to federal excess deferred tax amortization.