Other

U.S. federal statutory tax

WEC Energy Group U.S. federal statutory tax increased by 168.0% to $180.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.3%, from $164.80M to $180.10M. Over 4 years (FY 2021 to FY 2025), U.S. federal statutory tax shows an upward trend with a 2.8% CAGR.

Analysis

StatementCash Flow Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026

How to read this metric

Provides a benchmark to evaluate the impact of tax credits, deductions, and other adjustments on the actual tax paid.

Detailed definition

Represents the theoretical federal income tax expense calculated by applying the statutory federal tax rate to the compa...

Peer comparison

Standard baseline for all U.S. corporations.

Metric ID: other_income_tax_reconciliation_income_tax_expense_benef_99b1bf

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$69.10M$71.80M$51.40M$145.50M$73.70M$78.90M$65.40M$122.10M$71.10M$79.00M$50.40M$149.10M$53.10M$57.00M$108.10M$164.80M$55.60M$64.30M$67.20M$180.10M
QoQ Change+3.9%-28.4%+183.1%-49.3%+7.1%-17.1%+86.7%-41.8%+11.1%-36.2%+195.8%-64.4%+7.3%+89.6%+52.5%-66.3%+15.6%+4.5%+168.0%
YoY Change+6.7%+9.9%+27.2%-16.1%-3.5%+0.1%-22.9%+22.1%-25.3%-27.8%+114.5%+10.5%+4.7%+12.8%-37.8%+9.3%
Range$50.40M$180.10M
CAGR+22.3%
Avg YoY Growth+5.3%
Median YoY Growth+5.7%
Current Streak3 quarters growth

Frequently Asked Questions

What is WEC Energy Group's u.s. federal statutory tax?
WEC Energy Group (WEC) reported u.s. federal statutory tax of $180.10M in Q1 2026.
How has WEC Energy Group's u.s. federal statutory tax changed year-over-year?
WEC Energy Group's u.s. federal statutory tax increased by 9.3% year-over-year, from $164.80M to $180.10M.
What is the long-term trend for WEC Energy Group's u.s. federal statutory tax?
Over 4 years (2021 to 2025), WEC Energy Group's u.s. federal statutory tax has grown at a 2.8% compound annual growth rate (CAGR), from $315.10M to $351.90M.
What does u.s. federal statutory tax mean?
The baseline federal tax expense calculated using the standard statutory rate.