Other
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Amount
WEC Energy Group Effective Income Tax Rate Reconciliation, Tax Credit, Other, Amount decreased by 88.3% to $3.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.2%, from $3.30M to $3.90M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 7, 2026
How to read this metric
Higher values indicate successful utilization of various government tax incentive programs.
Detailed definition
Represents the dollar value of miscellaneous tax credits, excluding R&D, that reduce the total income tax liability. The...
Peer comparison
Commonly reported by large multinationals with diverse global operations and varied tax incentives.
Metric ID:
other_income_tax_reconciliation_tax_credits_otherHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.50M | $17.00M | $16.80M | $44.80M | $22.90M | $18.60M | $21.30M | $66.20M | $33.90M | $30.20M | $88.00M | $22.20M | $33.70M | $3.30M | $40.50M | $33.40M | $3.90M |
| QoQ Change | — | +25.9% | -1.2% | +166.7% | -48.9% | -18.8% | +14.5% | +210.8% | -48.8% | -10.9% | +191.4% | -74.8% | +51.8% | -90.2% | >999% | -17.5% | -88.3% |
| YoY Change | — | — | — | — | +69.6% | +9.4% | +26.8% | +47.8% | +48.0% | +62.4% | +32.9% | -34.5% | +11.6% | -96.3% | +82.4% | -0.9% | +18.2% |
Range$3.30M – $88.00M
CAGR-26.7%
Avg YoY Growth+21.3%
Median YoY Growth+26.8%
Current Streak2 quarters decline
Effective Income Tax Rate Reconciliation, Tax Credit, Other, Amount at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's effective income tax rate reconciliation, tax credit, other, amount?
- WEC Energy Group (WEC) reported effective income tax rate reconciliation, tax credit, other, amount of $3.90M in Q1 2026.
- How has WEC Energy Group's effective income tax rate reconciliation, tax credit, other, amount changed year-over-year?
- WEC Energy Group's effective income tax rate reconciliation, tax credit, other, amount increased by 18.2% year-over-year, from $3.30M to $3.90M.
- What does effective income tax rate reconciliation, tax credit, other, amount mean?
- The total value of non-R&D tax credits applied to reduce tax liability.