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+30.0% | -$51.4M-475% | -$1.7M-130% | -$9.9M-146% | $29M-53.4% | |
| Non-Utility Energy Infrastructure | $121.8M+2.6% | $120.6M+15.1% | $120.4M+14.7% | $119.9M+14.3% | $118.7M+13.8% | |
| Other States | -$1.8M+14.3% | -$300K-120% | -$400K+20.0% | $400K-85.2% | -$2.1M-135% | |
| Wisconsin | $12.7M+119% | $8M+129% | $3.5M-14.6% | $7M+52.2% | $5.8M-22.7% | |
| Net income attributed to common shareholders by Business | ||||||
| Corporate and Other | $7.3M+381% | -$59.5M-66.2% | -$95.8M-54.3% | -$81M-12.8% | -$2.6M-148% | |
| Electric Transmission | $41.9M+13.6% | $37.8M-20.9% | $37.3M+17.7% | $35.6M+13.4% | $36.9M+22.6% | |
| Non-Utility Energy Infrastructure | $120.6M+10.8% | $132.1M+22.1% | $87.9M+3.4% | $82.3M-11.8% | $108.8M+15.4% | |
| Revenues from contracts with customers by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0— | |
| Illinois | $749.7M-4.9% | $475.2M-2.2% | $185.2M+6.7% | $280.5M+1.3% | $788.3M+18.4% | |
| Non-Utility Energy Infrastructure | $210.7M+8.4% | $193.2M+6.3% | $193.3M+18.5% | $189.4M+7.9% | $194.3M+13.7% | |
| Other States | $259.1M+13.0% | $165.4M+17.1% | $53.4M-0.2% | $82.3M+15.9% | $229.2M+24.2% | |
| Wisconsin | $2.34B+13.5% | $1.86B+16.5% | $1.79B+12.7% | $1.59B+16.0% | $2.06B+15.8% | |
| Accounts receivable and unbilled revenues by Business | ||||||
| Corporate and Other | $6.4M0.0% | $7.3M+21.7% | $7.5M+19.0% | $6M+5.3% | $6.4M-1.5% | |
| Non-Utility Energy Infrastructure | $56.7M-12.1% | $50.3M+25.8% | $40.8M+52.8% | $54.6M+47.2% | $64.5M+95.5% | |
| Other Nonoperating Income (Expense) by Business | ||||||
| Corporate and Other | $10.3M+106% | $10.3M-18.9% | $3.7M-73.0% | $11.6M-7.2% | $5M-67.7% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $500K-28.6% | $600K0.0% | $800K+300% | $700K+250% | $700K— | |
| 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+40.0% | -$100K+93.8% | -$1.4M+22.2% | -$2.7M— | $1M— | |
| Accounts Receivable, after Allowance for Credit Loss by Business | ||||||
| Corporate and Other | $6.4M0.0% | $7.3M+21.7% | $7.5M+19.0% | $6M+5.3% | $6.4M-1.5% | |
| Non-Utility Energy Infrastructure | $56.7M-12.1% | $50.3M+25.8% | $40.8M+52.8% | $54.6M+47.2% | $64.5M+95.5% | |
| Income tax expense (benefit) by Business | ||||||
| Corporate and Other | -$90.1M-10.4% | -$27.6M-28.4% | $6.6M+218% | $1.6M-75.0% | -$81.6M-38.8% | |
| Electric Transmission | $13.7M+15.1% | $12.9M-21.8% | $12.7M+24.5% | $11.4M+8.6% | $11.9M+20.2% | |
| Non-Utility Energy Infrastructure | -$31.5M+11.5% | -$24.2M-6.1% | -$24.2M-51.2% | -$38.9M-92.6% | -$35.6M-52.1% | |
| Total Assets by Business | ||||||
| Corporate and Other | $1.32B+6.2% | $1.23B+18.3% | $1.2B+4.8% | $1.23B-1.1% | $1.24B+11.6% | |
| Electric Transmission | $2.37B+9.7% | $2.28B+7.4% | $2.27B+8.8% | $2.2B+7.0% | $2.16B+6.5% | |
| Non-Utility Energy Infrastructure | $7.75B-1.8% | $7.76B+6.1% | $7.81B+25.8% | $7.81B+24.0% | $7.89B+24.8% | |
| Property and revenue taxes by Business | ||||||
| Corporate and Other | $0-100% | $0-100% | $0-100% | $0— | $100K0.0% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $5.4M0.0% | $4M+25.0% | $5.3M+32.5% | $4.9M+4.3% | $5.4M+42.1% | |
| 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-2.2% | $3M0.0% | $800K+100% | $1.3M+44.4% | $4.5M-6.3% | |
| Interest Expense by Business | ||||||
| Corporate and Other | $92M+5.9% | $92.7M+5.5% | $90.9M+15.1% | $88.5M+15.7% | $86.9M+30.5% | |
| Electric Transmission | $3.9M-18.8% | $4.8M-2.0% | $4.8M0.0% | $4.9M0.0% | $4.8M0.0% | |
| Non-Utility Energy Infrastructure | $29.7M-2.9% | $30.5M+8.5% | $30.5M+30.3% | $31.5M+30.7% | $30.6M+27.0% | |
| Other operation and maintenance by Business | ||||||
| Corporate and Other | -$4.1M-28.1% | -$700K-16.7% | -$3.2M+3.0% | -$3.1M+22.5% | -$3.2M+5.9% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $20.5M-7.2% | —— | $34.6M+81.2% | $50.9M+104% | $22.1M+21.4% | |
| Capital expenditures and asset acquisitions by Business | ||||||
| Corporate and Other | $6.5M+58.5% | $6.2M+34.8% | $6.9M-16.9% | $3.6M-29.4% | $4.1M+57.7% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $27M-93.5% | $14.3M-98.4% | $58.3M+548% | $17.5M+136% | $414.6M+2,297% | |
| Earnings (losses) from equity method investments by Business | ||||||
| Corporate and Other | $0— | —— | $0— | $0— | $0— | |
| Electric Transmission | $59.5M+11.0% | —— | $54.8M+17.3% | $51.9M+10.9% | $53.6M+19.6% | |
| 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-5.3% | $5.2M-7.1% | $5.6M+3.7% | $5.4M-3.6% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $60.7M+4.3% | $60.6M+20.0% | $60.6M+23.2% | $60.8M+22.6% | $58.2M+18.5% | |
| 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-16.3% | $55.7M-16.9% | $55.3M-18.1% | $67.7M+0.6% | $68.6M+5.2% | |
| Electric Transmission | $2.37B+10.3% | $2.28B+8.1% | $2.27B+9.0% | $2.2B+7.0% | $2.15B+6.0% | |
| Non-Utility Energy Infrastructure | $0— | $0— | $0— | $0— | $0— | |
| Revenues from contracts with customers by Product | ||||||
| Electric | $1.43B+8.6% | $1.3B+12.6% | $1.61B+13.1% | $1.3B+13.5% | $1.32B+11.4% | |
| Natural gas | $1.86B+8.2% | $1.2B+15.2% | $413.3M+8.5% | $634.9M+18.8% | $1.72B+26.0% | |
| Other non-utility revenues | $79.7M+21.9% | $64.8M-5.0% | $66.4M+29.7% | $59.6M-1.2% | $65.4M+17.8% | |
| Interest Expense by Product | ||||||
| Utility operations | $190M+0.4% | —— | $185.7M-0.5% | $184.7M-0.1% | $189.3M+1.3% | |
| 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 | 1.7M0.0% | —— | 1.7M0.0% | 1.7M0.0% | 1.7M0.0% | |
| Natural gas | 3.1M+3.3% | —— | 3M0.0% | 3M0.0% | 3M0.0% |
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.
