Screener
WEC Energy Group WEC Federal excess deferred tax amortization, amount
Federal excess deferred tax amortization, amount at other companies
Other financials
Where this comes from
Reported directly by WEC Energy Group in its filing.
Tagged under the XBRL concept wec:IncomeTaxReconciliationFederalExcessAmortization.
The source filing: WEC Energy Group’s 10-Q, filed May 7, 2026.
- Filed
- May 6, 2026, 8:00 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000783325-26-000052
| (in millions) | Three Months Ended March 31, 2026 / Amount | Three Months Ended March 31, 2026 / Effective Tax Rate | Three Months Ended March 31, 2025 / Amount | Three Months Ended March 31, 2025 / Effective Tax Rate |
|---|---|---|---|---|
| Nontaxable or nondeductible items | ||||
| AFUDC-Equity (3) | (19.1) | (2.2)% | (8.5) | (1.1)% |
| Other | 5.8 | 0.7% | 3.4 | 0.4% |
| Changes in unrecognized tax benefits | — | — | 0.1 | — |
| Other adjustments | ||||
| Federal excess deferred tax amortization (4) | (18.5) | (2.2)% | (18.7) | (2.4)% |
| Other, net | (10.9) | (1.3)% | (5.5) | (0.7)% |
| Total income tax expense | $53.1 | 6.2% | $60.7 | 7.7% |
Item 1. FINANCIAL STATEMENTS (UNAUDITED)
FAQ
- What is WEC Energy Group's federal excess deferred tax amortization, amount?
- WEC Energy Group (WEC) reported federal excess deferred tax amortization, amount of -$18.5M in Q1 2026.
- How has WEC Energy Group's federal excess deferred tax amortization, amount changed year-over-year?
- WEC Energy Group's federal excess deferred tax amortization, amount increased by 1.1% year-over-year, from -$18.7M to -$18.5M.
- What is the long-term trend for WEC Energy Group's federal excess deferred tax amortization, amount?
- Over 3 years (2021 to 2024), WEC Energy Group's federal excess deferred tax amortization, amount has grown at a -0.5% compound annual growth rate (CAGR), from -$37.3M to -$36.7M.
- What does federal excess deferred tax amortization, amount mean?
- The dollar amount of federal excess deferred income taxes being amortized into income over time. This arises when corporate tax rates change, requiring the revaluation of deferred tax assets and liabilities. It represents a non-cash benefit that impacts the effective tax rate.
Ask your AI about WEC Energy Group's federal excess deferred tax amortization, amount.
Connect your AI assistant and see it in context, right in your chat.
Connect your AI
Claude