Other

Purchase of non-controlling interest

WEC Energy Group Purchase of non-controlling interest decreased by 98.1% to $800.00K in Q1 2026 compared to the prior quarter.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase suggests a strategic move to increase ownership in profitable subsidiaries, potentially improving future earnings attributable to the parent.

Detailed definition

This represents the acquisition of additional ownership stakes in existing subsidiaries from noncontrolling interest hol...

Peer comparison

Relevant for large conglomerates with multiple subsidiaries.

Metric ID: other_noncontrolling_interest_increase_from_subsidiary_e_7415f0

Historical Data

7 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '26
Value$500.00K$2.20M$2.90M$400.00K$100.00K$42.50M$800.00K
QoQ Change+340.0%+31.8%-86.2%-75.0%>999%-98.1%
YoY Change-80.0%>999%
Range$100.00K$42.50M
CAGR+36.8%
Avg YoY Growth+875.9%
Median YoY Growth+875.9%

Frequently Asked Questions

What is WEC Energy Group's purchase of non-controlling interest?
WEC Energy Group (WEC) reported purchase of non-controlling interest of $800.00K in Q1 2026.
What does purchase of non-controlling interest mean?
The cost or impact of buying out minority stakes in subsidiaries.