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WEC Energy Group WEC Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Other operating revenues by Business
Corporate and Other$0$0$0$0$0
Illinois-$25.3M+25.6%-$34M-209%$31.1M-19.0%$38.4M-44.8%$69.6M-32.3%
Non-Utility Energy Infrastructure$482.7M+0.6%$479.6M+3.4%$463.8M+3.4%$448.4M+3.5%$433.4M+3.4%
Other States-$2.1M+12.5%-$2.4M-300%-$600K+14.3%-$700K-144%$1.6M-83.5%
Wisconsin$31.2M+28.4%$24.3M+22.7%$19.8M-2.9%$20.4M+13.3%$18M-8.6%
Net income attributed to common shareholders by Business
Corporate and Other-$229M+4.1%-$238.9M-11.0%-$215.2M-18.6%-$181.5M-5.3%-$172.3M-4.9%
Electric Transmission$152.6M+3.4%$147.6M-6.3%$157.6M+3.7%$152M+2.8%$147.8M+4.8%
Non-Utility Energy Infrastructure$422.9M+2.9%$411.1M+6.2%$387.2M+0.8%$384.3M-2.8%$395.3M+3.8%
Revenues from contracts with customers by Business
Corporate and Other$0$0$0$0$0
Illinois$1.69B-2.2%$1.73B-0.6%$1.74B+0.7%$1.73B+0.2%$1.72B+7.6%
Non-Utility Energy Infrastructure$786.6M+2.1%$770.2M+1.5%$758.7M+4.1%$728.5M+1.9%$714.7M+3.4%
Other States$560.2M+5.6%$530.3M+4.8%$506.1M0.0%$506.2M+2.3%$494.9M+9.9%
Wisconsin$7.57B+3.8%$7.3B+3.7%$7.03B+3.0%$6.83B+3.3%$6.61B+4.4%
Accounts receivable and unbilled revenues by Business
Corporate and Other$27.2M0.0%$27.2M+5.0%$25.9M+4.9%$24.7M+1.2%$24.4M-0.4%
Non-Utility Energy Infrastructure$202.4M-3.7%$210.2M+5.2%$199.9M+7.6%$185.8M+10.4%$168.3M+23.0%
Other Nonoperating Income (Expense) by Business
Corporate and Other$35.9M+17.3%$30.6M-7.3%$33M-23.3%$43M-2.1%$43.9M-19.3%
Electric Transmission$0$0$0$0$0
Non-Utility Energy Infrastructure$2.6M-7.1%$2.8M0.0%$2.8M+27.3%$2.2M+29.4%$1.7M+70.0%
Net income attributed to noncontrolling interests by Business
Corporate and Other$0$0$0$0
Electric Transmission$0$0$0$0
Non-Utility Energy Infrastructure-$2.8M+12.5%-$3.2M+31.9%-$4.7M+7.8%-$5.1M
Accounts Receivable, after Allowance for Credit Loss by Business
Corporate and Other$27.2M0.0%$27.2M+5.0%$25.9M+4.9%$24.7M+1.2%$24.4M-0.4%
Non-Utility Energy Infrastructure$202.4M-3.7%$210.2M+5.2%$199.9M+7.6%$185.8M+10.4%$168.3M+23.0%
Income tax expense (benefit) by Business
Corporate and Other-$109.5M-8.4%-$101M-6.4%-$94.9M+11.4%-$107.1M-4.7%-$102.3M-28.7%
Electric Transmission$50.7M+3.7%$48.9M-6.9%$52.5M+5.0%$50M+1.8%$49.1M+4.2%
Non-Utility Energy Infrastructure-$118.8M+3.3%-$122.9M-1.2%-$121.5M-7.2%-$113.3M-19.8%-$94.6M-14.8%
Total Assets by Business
Corporate and Other$4.98B+1.6%$4.9B+4.0%$4.71B+1.2%$4.66B-0.3%$4.67B+2.8%
Electric Transmission$9.12B+2.4%$8.91B+1.8%$8.76B+2.1%$8.57B+1.7%$8.43B+1.6%
Non-Utility Energy Infrastructure$31.13B-0.4%$31.27B+1.4%$30.83B+5.5%$29.23B+5.4%$27.72B+6.0%
Property and revenue taxes by Business
Corporate and Other$0-100%$100K-50.0%$200K-33.3%$300K0.0%$300K0.0%
Electric Transmission$0$0$0$0$0
Non-Utility Energy Infrastructure$19.6M0.0%$19.6M+4.3%$18.8M+7.4%$17.5M+1.2%$17.3M+10.2%
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$9.5M-1.0%$9.6M0.0%$9.6M+4.3%$9.2M+4.5%$8.8M-3.3%
Interest Expense by Business
Corporate and Other$364.1M+1.4%$359M+1.4%$354.2M+3.5%$342.3M+3.6%$330.3M+6.5%
Electric Transmission$18.4M-4.7%$19.3M-0.5%$19.4M0.0%$19.4M0.0%$19.4M0.0%
Non-Utility Energy Infrastructure$122.2M-0.7%$123.1M+2.0%$120.7M+6.3%$113.6M+7.0%$106.2M+6.5%
Other operation and maintenance by Business
Corporate and Other-$11.1M-8.8%-$10.2M-1.0%-$10.1M+1.0%-$10.2M+8.1%-$11.1M+1.8%
Electric Transmission$0$0$0$0$0
Capital expenditures and asset acquisitions by Business
Corporate and Other$23.2M+11.5%$20.8M+8.3%$19.2M-6.8%$20.6M-6.8%$22.1M+7.3%
Electric Transmission$0$0$0$0$0
Non-Utility Energy Infrastructure$117.1M-76.8%$504.7M-64.0%$1.4B+3.6%$1.35B+0.8%$1.34B+42.0%
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$21.4M-0.9%$21.6M-1.4%$21.9M-1.8%$22.3M+0.9%$22.1M-0.9%
Electric Transmission$0$0$0$0$0
Non-Utility Energy Infrastructure$242.7M+1.0%$240.2M+4.4%$230.1M+5.2%$218.7M+5.4%$207.5M+4.6%
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$3.03B0.0%$3.03B0.0%$3.03B0.0%$3.03B0.0%$3.03B0.0%
Non-Utility Energy Infrastructure$26.4M0.0%$26.4M0.0%$26.4M0.0%$26.4M0.0%$26.4M0.0%
Other States$732.8M0.0%$732.8M0.0%$732.8M0.0%$732.8M0.0%$732.8M0.0%
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$236.1M-4.5%$247.3M-4.4%$258.6M-4.5%$270.8M+0.1%$270.4M+1.3%
Electric Transmission$9.12B+2.5%$8.9B+2.0%$8.73B+2.2%$8.54B+1.7%$8.39B+1.5%
Non-Utility Energy Infrastructure$0$0$0$0$0
Revenues from contracts with customers by Product
Electric$5.64B+2.0%$5.53B+2.7%$5.38B+3.6%$5.2B+3.1%$5.04B+2.7%
Natural gas$4.11B+3.5%$3.97B+4.2%$3.81B+0.9%$3.78B+2.7%$3.68B+10.7%
Other non-utility revenues$270.5M+5.6%$256.2M-1.3%$259.6M+6.2%$244.4M-0.3%$245.1M+4.2%

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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.