Federal excess deferred tax amortization, amount
WEC Energy Group Federal excess deferred tax amortization, amount increased by 1.1% to -$18.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from -$18.70M to -$18.50M. Over 3 years (FY 2021 to FY 2024), Federal excess deferred tax amortization, amount shows relatively stable performance with a -0.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher amortization amounts generally indicate a positive impact on net income through a lower effective tax rate.
Detailed definition
The dollar amount of federal excess deferred income taxes being amortized into income over time. This arises when corpor...
Peer comparison
Standard disclosure for utilities following major federal tax legislation changes.
other_income_tax_reconciliation_federal_excess_amortizationHistorical Data
| 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 | -$9.33M | -$9.33M | -$9.33M | -$9.23M | -$9.23M | -$9.23M | -$9.23M | -$9.40M | -$9.40M | -$9.40M | -$9.40M | -$9.18M | -$9.18M | -$9.18M | -$9.18M | -$18.70M | -$18.50M |
| QoQ Change | — | +0.0% | +0.0% | +1.1% | +0.0% | +0.0% | +0.0% | -1.9% | +0.0% | +0.0% | +0.0% | +2.4% | +0.0% | +0.0% | +0.0% | -103.8% | +1.1% |
| YoY Change | — | — | — | — | +1.1% | +1.1% | +1.1% | -1.9% | -1.9% | -1.9% | -1.9% | +2.4% | +2.4% | +2.4% | +2.4% | -103.8% | +1.1% |
Federal excess deferred tax amortization, amount at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's federal excess deferred tax amortization, amount?
- WEC Energy Group (WEC) reported federal excess deferred tax amortization, amount of -$18.50M 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 -$18.70M to -$18.50M.
- 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 -$37.30M to -$36.70M.
- What does federal excess deferred tax amortization, amount mean?
- The amount of tax savings recognized from amortizing excess deferred federal taxes.