Taxes other than income taxes and other – net
WEC Energy Group Taxes other than income taxes and other – net increased by 15.1% to $74.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.7%, from $78.40M to $74.70M. Over 4 years (FY 2021 to FY 2025), Taxes other than income taxes and other – net shows an upward trend with a 7.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Generally stable, but significant fluctuations may indicate changes in local tax policy or asset footprint.
Detailed definition
Taxes paid to government authorities that are not based on income, such as property taxes, payroll taxes, and gross rece...
Peer comparison
Standard for utilities; these are often recoverable through rate adjustments in regulated environments.
other_taxes_excluding_income_and_excise_taxesHistorical 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 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $51.50M | $50.50M | $53.10M | $60.80M | $56.10M | $59.10M | $77.70M | $69.60M | $61.80M | $61.10M | $57.70M | $75.50M | $67.50M | $51.70M | $71.80M | $78.40M | $69.00M | $67.80M | $64.90M | $74.70M |
| QoQ Change | — | -1.9% | +5.1% | +14.5% | -7.7% | +5.3% | +31.5% | -10.4% | -11.2% | -1.1% | -5.6% | +30.8% | -10.6% | -23.4% | +38.9% | +9.2% | -12.0% | -1.7% | -4.3% | +15.1% |
| YoY Change | — | — | — | — | +8.9% | +17.0% | +46.3% | +14.5% | +10.2% | +3.4% | -25.7% | +8.5% | +9.2% | -15.4% | +24.4% | +3.8% | +2.2% | +31.1% | -9.6% | -4.7% |
Product Breakdown
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Utility operations | $58.38M | $71.60M | $62.80M | $47.60M | $72.90M | $64.10M | $62.50M | $69.30M |
| Total | $57.70M | $75.50M | $67.50M | $51.70M | $78.40M | $69.00M | $67.80M | $74.70M |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Non-Utility Energy Infrastructure | $4.70M | $4.00M | $3.20M | $5.40M | $4.90M | $5.30M | $4.00M | $5.40M |
| Corporate and Other | $0.00 | $100.00K | $100.00K | $100.00K | $0.00 | $0.00 | $0.00 | $0.00 |
| Electric Transmission | $0.00 | $0.00 | — | — | — | — | — | — |
| Total | $67.50M | $51.70M | $71.80M | $78.40M | $69.00M | $67.80M | $64.90M | $74.70M |
Taxes other than income taxes and other – net at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's taxes other than income taxes and other – net?
- WEC Energy Group (WEC) reported taxes other than income taxes and other – net of $74.70M in Q1 2026.
- How has WEC Energy Group's taxes other than income taxes and other – net changed year-over-year?
- WEC Energy Group's taxes other than income taxes and other – net decreased by 4.7% year-over-year, from $78.40M to $74.70M.
- What is the long-term trend for WEC Energy Group's taxes other than income taxes and other – net?
- Over 4 years (2021 to 2025), WEC Energy Group's taxes other than income taxes and other – net has grown at a 7.4% compound annual growth rate (CAGR), from $210.30M to $280.10M.
- What does taxes other than income taxes and other – net mean?
- Taxes paid by the company that are not based on profit, such as property or payroll taxes.