Other

Noncontrolling Interest Increase From Business Combination

WEC Energy Group Noncontrolling Interest Increase From Business Combination increased by 81.5% to $45.10M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 81.5%, from $24.85M to $45.10M.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ3 2018
Last reportedQ1 2025May 7, 2026

How to read this metric

An increase reflects recent inorganic growth activity where the company acquired a business without obtaining 100% ownership.

Detailed definition

This metric captures the increase in equity attributable to non-controlling interests resulting from business combinatio...

Peer comparison

Common in consolidated financial statements for companies with complex subsidiary structures.

Metric ID: other_noncontrolling_interest_increase_from_business_com_b3eb9c

Historical Data

7 periods
 Q3 '22Q1 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25
Value$42.50M$112.90M$24.85M$24.85M$24.85M$24.85M$45.10M
QoQ Change+165.6%-78.0%+0.0%+0.0%+0.0%+81.5%
YoY Change-78.0%+81.5%
Range$24.85M$112.90M
CAGR+4.0%
Avg YoY Growth+1.7%
Median YoY Growth+1.7%
Current Streak4 quarters growth

Frequently Asked Questions

What is WEC Energy Group's noncontrolling interest increase from business combination?
WEC Energy Group (WEC) reported noncontrolling interest increase from business combination of $45.10M in Q1 2025.
How has WEC Energy Group's noncontrolling interest increase from business combination changed year-over-year?
WEC Energy Group's noncontrolling interest increase from business combination increased by 81.5% year-over-year, from $24.85M to $45.10M.
What does noncontrolling interest increase from business combination mean?
The increase in equity held by minority partners following an acquisition.