WEC Energy Group WEC Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Other operating revenues by Business | ||||||
| Corporate and Other | $0— | $0— | $0+100% | $0+100% | $0— | |
| Illinois | -$25.3M-136% | -$34M-133% | $31.1M-74.6% | $38.4M-69.4% | $69.6M-40.8% | |
| Non-Utility Energy Infrastructure | $482.7M+11.4% | $479.6M+14.5% | $463.8M+11.2% | $448.4M+8.5% | $433.4M+5.7% | |
| Other States | -$2.1M-231% | -$2.4M-125% | -$600K-104% | -$700K-105% | $1.6M-86.7% | |
| Wisconsin | $31.2M+73.3% | $24.3M+23.4% | $19.8M-9.6% | $20.4M-9.3% | $18M-25.0% | |
| Net income attributed to common shareholders by Business | ||||||
| Corporate and Other | -$229M-32.9% | -$238.9M-45.4% | -$215.2M-13.3% | -$181.5M-6.3% | -$172.3M-20.0% | |
| Electric Transmission | $152.6M+3.2% | $147.6M+4.7% | $157.6M+26.9% | $152M+24.4% | $147.8M+23.3% | |
| Non-Utility Energy Infrastructure | $422.9M+7.0% | $411.1M+8.0% | $387.2M+5.6% | $384.3M+10.1% | $395.3M+15.7% | |
| Revenues from contracts with customers by Business | ||||||
| Corporate and Other | $0— | $0— | $0— | $0— | $0-100% | |
| Illinois | $1.69B-2.0% | $1.73B+7.9% | $1.74B+11.7% | $1.73B+6.2% | $1.72B+6.2% | |
| Non-Utility Energy Infrastructure | $786.6M+10.1% | $770.2M+11.4% | $758.7M+11.4% | $728.5M+7.5% | $714.7M+6.5% | |
| Other States | $560.2M+13.2% | $530.3M+17.8% | $506.1M+12.8% | $506.2M+14.3% | $494.9M+9.1% | |
| Wisconsin | $7.57B+14.6% | $7.3B+15.2% | $7.03B+11.3% | $6.83B+7.5% | $6.61B+3.2% | |
| Accounts receivable and unbilled revenues by Business | ||||||
| Corporate and Other | $27.2M+11.5% | $27.2M+11.0% | $25.9M-3.7% | $24.7M-9.5% | $24.4M-19.7% | |
| Non-Utility Energy Infrastructure | $202.4M+20.3% | $210.2M+53.7% | $199.9M+52.9% | $185.8M+28.8% | $168.3M+13.9% | |
| Other Nonoperating Income (Expense) by Business | ||||||
| Corporate and Other | $35.9M-18.2% | $30.6M-43.8% | $33M-40.0% | $43M-21.3% | $43.9M-20.9% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $2.6M+52.9% | $2.8M+180% | $2.8M+600% | $2.2M+1,000% | $1.7M— | |
| 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— | -$3.2M— | -$4.7M— | -$5.1M— | —— | |
| Accounts Receivable, after Allowance for Credit Loss by Business | ||||||
| Corporate and Other | $27.2M+11.5% | $27.2M+11.0% | $25.9M-3.7% | $24.7M-9.5% | $24.4M-19.7% | |
| Non-Utility Energy Infrastructure | $202.4M+20.3% | $210.2M+53.7% | $199.9M+52.9% | $185.8M+28.8% | $168.3M+13.9% | |
| Income tax expense (benefit) by Business | ||||||
| Corporate and Other | -$109.5M-7.0% | -$101M-27.0% | -$94.9M-50.6% | -$107.1M-40.0% | -$102.3M-13.4% | |
| Electric Transmission | $50.7M+3.3% | $48.9M+3.8% | $52.5M+30.6% | $50M+25.0% | $49.1M+25.3% | |
| Non-Utility Energy Infrastructure | -$118.8M-25.6% | -$122.9M-49.2% | -$121.5M-45.0% | -$113.3M-52.1% | -$94.6M-27.8% | |
| Total Assets by Business | ||||||
| Corporate and Other | $4.98B+6.6% | $4.9B+7.9% | $4.71B+2.3% | $4.66B— | $4.67B— | |
| Electric Transmission | $9.12B+8.2% | $8.91B+7.4% | $8.76B+7.1% | $8.57B— | $8.43B— | |
| Non-Utility Energy Infrastructure | $31.13B+12.3% | $31.27B+19.6% | $30.83B+22.1% | $29.23B— | $27.72B— | |
| Property and revenue taxes by Business | ||||||
| Corporate and Other | $0-100% | $100K-66.7% | $200K-20.0% | $300K+50.0% | $300K+20.0% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $19.6M+13.3% | $19.6M+24.8% | $18.8M+13.1% | $17.5M+4.5% | $17.3M+7.0% | |
| 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+8.0% | $9.6M+5.5% | $9.6M-14.5% | $9.2M-42.3% | $8.8M-56.4% | |
| Interest Expense by Business | ||||||
| Corporate and Other | $364.1M+10.2% | $359M+15.8% | $354.2M+19.5% | $342.3M+20.7% | $330.3M+22.7% | |
| Electric Transmission | $18.4M-5.2% | $19.3M-0.5% | $19.4M+0.5% | $19.4M-0.5% | $19.4M0.0% | |
| Non-Utility Energy Infrastructure | $122.2M+15.1% | $123.1M+23.5% | $120.7M+25.6% | $113.6M+16.5% | $106.2M+7.8% | |
| Other operation and maintenance by Business | ||||||
| Corporate and Other | -$11.1M0.0% | -$10.2M+9.7% | -$10.1M-83.6% | -$10.2M-1,033% | -$11.1M-392% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Capital expenditures and asset acquisitions by Business | ||||||
| Corporate and Other | $23.2M+5.0% | $20.8M+1.0% | $19.2M-14.5% | $20.6M0.0% | $22.1M+0.7% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $117.1M-91.3% | $504.7M-46.6% | $1.4B+531% | $1.35B+237% | $1.34B+130% | |
| 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-3.2% | $21.6M-3.1% | $21.9M0.0% | $22.3M+3.2% | $22.1M+3.3% | |
| Electric Transmission | $0— | $0— | $0— | $0— | $0— | |
| Non-Utility Energy Infrastructure | $242.7M+17.0% | $240.2M+21.1% | $230.1M+17.0% | $218.7M+11.4% | $207.5M+6.4% | |
| 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-12.7% | $247.3M-7.4% | $258.6M-1.0% | $270.8M— | $270.4M— | |
| Electric Transmission | $9.12B+8.6% | $8.9B+7.6% | $8.73B+6.8% | $8.54B— | $8.39B— | |
| Non-Utility Energy Infrastructure | $0— | $0— | $0— | $0— | $0— | |
| Revenues from contracts with customers by Product | ||||||
| Electric | $5.64B+11.9% | $5.53B+12.7% | $5.38B+9.6% | $5.2B+5.1% | $5.04B+1.3% | |
| Natural gas | $4.11B+11.7% | $3.97B+19.4% | $3.81B+17.6% | $3.78B+14.6% | $3.68B+10.2% | |
| Other non-utility revenues | $270.5M+10.4% | $256.2M+8.9% | $259.6M+15.4% | $244.4M+9.8% | $245.1M+13.2% |
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.
