WEC Energy Group WEC Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Other operating revenues by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Illinois | $37.7M+173% | -$51.4M-2,924% | -$1.7M+82.8% | -$9.9M-134% | $29M+112% | |
| Non-Utility Energy Infrastructure | $121.8M+1.0% | $120.6M+0.2% | $120.4M+0.4% | $119.9M+1.0% | $118.7M+13.3% | |
| Other States | -$1.8M-500% | -$300K+25.0% | -$400K-200% | $400K+119% | -$2.1M-240% | |
| Wisconsin | $12.7M+58.8% | $8M+129% | $3.5M-50.0% | $7M+20.7% | $5.8M+65.7% | |
| Net income attributed to common shareholders by Business | ||||||
| Corporate and Other | $7.3M+112% | -$59.5M+37.9% | -$95.8M-18.3% | -$81M-3,015% | -$2.6M+92.7% | |
| Electric Transmission | $41.9M+10.8% | $37.8M+1.3% | $37.3M+4.8% | $35.6M-3.5% | $36.9M-22.8% | |
| Non-Utility Energy Infrastructure | $120.6M-8.7% | $132.1M+50.3% | $87.9M+6.8% | $82.3M-24.4% | $108.8M+0.6% | |
| Revenues from contracts with customers by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Illinois | $749.7M+57.8% | $475.2M+157% | $185.2M-34.0% | $280.5M-64.4% | $788.3M+62.2% | |
| Non-Utility Energy Infrastructure | $210.7M+9.1% | $193.2M-0.1% | $193.3M+2.1% | $189.4M-2.5% | $194.3M+6.9% | |
| Other States | $259.1M+56.7% | $165.4M+210% | $53.4M-35.1% | $82.3M-64.1% | $229.2M+62.3% | |
| Wisconsin | $2.34B+25.9% | $1.86B+3.6% | $1.79B+12.9% | $1.59B-22.9% | $2.06B+29.3% | |
| Accounts receivable and unbilled revenues by Business | ||||||
| Corporate and Other | $6.4M-12.3% | $7.3M-2.7% | $7.5M+25.0% | $6M-6.3% | $6.4M+6.7% | |
| Non-Utility Energy Infrastructure | $56.7M+12.7% | $50.3M+23.3% | $40.8M-25.3% | $54.6M-15.3% | $64.5M+61.3% | |
| Other Nonoperating Income (Expense) by Business | ||||||
| Corporate and Other | $10.3M0.0% | $10.3M+178% | $3.7M-68.1% | $11.6M+132% | $5M-60.6% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $500K-16.7% | $600K-25.0% | $800K+14.3% | $700K0.0% | $700K+16.7% | |
| Net income attributed to noncontrolling interests by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $1.4M+1,500% | -$100K+92.9% | -$1.4M+48.1% | -$2.7M-370% | $1M+163% | |
| Accounts Receivable, after Allowance for Credit Loss by Business | ||||||
| Corporate and Other | $6.4M-12.3% | $7.3M-2.7% | $7.5M+25.0% | $6M-6.3% | $6.4M+6.7% | |
| Non-Utility Energy Infrastructure | $56.7M+12.7% | $50.3M+23.3% | $40.8M-25.3% | $54.6M-15.3% | $64.5M+61.3% | |
| Income tax expense (benefit) by Business | ||||||
| Corporate and Other | -$90.1M-226% | -$27.6M-518% | $6.6M+313% | $1.6M+102% | -$81.6M-280% | |
| Electric Transmission | $13.7M+6.2% | $12.9M+1.6% | $12.7M+11.4% | $11.4M-4.2% | $11.9M-27.9% | |
| Non-Utility Energy Infrastructure | -$31.5M-30.2% | -$24.2M0.0% | -$24.2M+37.8% | -$38.9M-9.3% | -$35.6M-56.1% | |
| Total Assets by Business | ||||||
| Corporate and Other | $1.32B+7.6% | $1.23B+2.4% | $1.2B-2.8% | $1.23B-0.7% | $1.24B+19.8% | |
| Electric Transmission | $2.37B+3.8% | $2.28B+0.6% | $2.27B+3.1% | $2.2B+1.9% | $2.16B+1.6% | |
| Non-Utility Energy Infrastructure | $7.75B-0.2% | $7.76B-0.6% | $7.81B0.0% | $7.81B-0.9% | $7.89B+7.8% | |
| Property and revenue taxes by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0-100% | $100K0.0% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $5.4M+35.0% | $4M-24.5% | $5.3M+8.2% | $4.9M-9.3% | $5.4M+68.8% | |
| Cost of natural gas sold by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $4.4M+46.7% | $3M+275% | $800K-38.5% | $1.3M-71.1% | $4.5M+50.0% | |
| Interest Expense by Business | ||||||
| Corporate and Other | $92M-0.8% | $92.7M+2.0% | $90.9M+2.7% | $88.5M+1.8% | $86.9M-1.1% | |
| Electric Transmission | $3.9M-18.8% | $4.8M0.0% | $4.8M-2.0% | $4.9M+2.1% | $4.8M-2.0% | |
| Non-Utility Energy Infrastructure | $29.7M-2.6% | $30.5M0.0% | $30.5M-3.2% | $31.5M+2.9% | $30.6M+8.9% | |
| Other operation and maintenance by Business | ||||||
| Corporate and Other | -$4.1M-486% | -$700K+78.1% | -$3.2M-3.2% | -$3.1M+3.1% | -$3.2M-433% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $20.5M— | —— | $34.6M-32.0% | $50.9M+130% | $22.1M+72.7% | |
| Capital expenditures and asset acquisitions by Business | ||||||
| Corporate and Other | $6.5M+4.8% | $6.2M-10.1% | $6.9M+91.7% | $3.6M-12.2% | $4.1M-10.9% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $27M+88.8% | $14.3M-75.5% | $58.3M+233% | $17.5M-95.8% | $414.6M-54.5% | |
| Earnings (losses) from equity method investments by Business | ||||||
| Corporate and Other | $0— | —— | $0— | $0— | $0— | |
| Electric Transmission | $59.5M— | —— | $54.8M+5.6% | $51.9M-3.2% | $53.6M— | |
| Non-Utility Energy Infrastructure | $0— | —— | $0— | $0— | $0— | |
| Fuel and purchased power costs by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $0— | $0— | $0— | $0— | $0— | |
| D&A by Business | ||||||
| Corporate and Other | $5.2M-3.7% | $5.4M+3.8% | $5.2M-7.1% | $5.6M+3.7% | $5.4M-5.3% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $60.7M+0.2% | $60.6M0.0% | $60.6M-0.3% | $60.8M+4.5% | $58.2M+15.2% | |
| Preferred stock dividends of subsidiary by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $0— | $0— | $0— | $0— | $0— | |
| Goodwill by Business | ||||||
| Illinois | $758.7M0.0% | $758.7M0.0% | $758.7M0.0% | $758.7M0.0% | $758.7M0.0% | |
| Non-Utility Energy Infrastructure | $6.6M0.0% | $6.6M0.0% | $6.6M0.0% | $6.6M0.0% | $6.6M0.0% | |
| Other States | $183.2M0.0% | $183.2M0.0% | $183.2M0.0% | $183.2M0.0% | $183.2M0.0% | |
| Allowance for credit losses by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $0— | $0— | $0— | $0— | $0— | |
| Equity Method Investments by Business | ||||||
| Corporate and Other | $57.4M+3.1% | $55.7M+0.7% | $55.3M-18.3% | $67.7M-1.3% | $68.6M+2.4% | |
| Electric Transmission | $2.37B+3.9% | $2.28B+0.5% | $2.27B+3.1% | $2.2B+2.4% | $2.15B+1.9% | |
| Non-Utility Energy Infrastructure | $0— | $0— | $0— | $0— | $0— | |
| Revenues from contracts with customers by Product | ||||||
| Electric | $1.43B+10.4% | $1.3B-19.3% | $1.61B+23.4% | $1.3B-1.3% | $1.32B+14.5% | |
| Natural gas | $1.86B+54.3% | $1.2B+191% | $413.3M-34.9% | $634.9M-63.0% | $1.72B+64.4% | |
| Other non-utility revenues | $79.7M+23.0% | $64.8M-2.4% | $66.4M+11.4% | $59.6M-8.9% | $65.4M-4.1% | |
| Interest Expense by Product | ||||||
| Utility operations | $190M— | —— | $185.7M+0.5% | $184.7M-2.4% | $189.3M— | |
| Requested Rate Increase (Decrease), Amount by Product | ||||||
| Electric | $179.5M— | —— | —— | —— | —— | |
| Natural gas | $59.4M— | —— | —— | —— | —— | |
| Requested Rate Increase (Decrease), Percentage by Product | ||||||
| Electric | 6.3%— | —— | —— | —— | —— | |
| Natural gas | 6.8%— | —— | —— | —— | —— | |
| Number Of Customers by Product | ||||||
| Electric | 1.7M— | —— | 1.7M0.0% | 1.7M0.0% | 1.7M— | |
| Natural gas | 3.1M— | —— | 3M0.0% | 3M0.0% | 3M— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does WEC Energy Group break its business down?
- WEC Energy Group (WEC) reports other operating revenues by business across 5 parts — Corporate and Other, Illinois, Non-Utility Energy Infrastructure, Other States and Wisconsin. Each is extracted from the segment footnotes and tracked over time.
- Where does WEC Energy Group's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in WEC Energy Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
