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WEC Energy Group WEC Corporate and Other — Interest Expense

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Other financials

Income statement

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Revenue$3.4B+9.0%
Gross profit$2.0B+3.0%
Operating income$980.0M+4.5%
Net income$806.1M+11.1%
EPS (diluted)$2.45+7.9%

Balance sheet

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Cash & equivalents$107.3M-25.2%
Total debt$21.8B+22.6%
Total equity$14.6B+8.5%
Total assets$51.7B+7.3%

Cash flow

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Operating cash flow$1.2B+4.8%
CapEx$817.9M+16.7%
Free cash flow$400.5M-13.2%

Valuation

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Market cap$38.71B+15.1%
Enterprise value$60.4B+16.5%
P/E23.7×+3.4×
P/S3.8×+0.2×

Profitability

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Gross margin65.4%-2.7pp
Operating margin22.7%-2.4pp
Net margin16.2%-1.7pp
FCF margin-10.7%

Returns & leverage

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Return on equity11.7%-0.9pp
Debt / equity1.5×+0.2×
Current ratio0.7×+0.2×

Where this comes from

Reported directly by WEC Energy Group in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The official record: WEC Energy Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEC Energy Group's corporate and other — interest expense?
WEC Energy Group (WEC) reported corporate and other — interest expense of $92M in Q1 2026.
How has WEC Energy Group's corporate and other — interest expense changed year-over-year?
WEC Energy Group's corporate and other — interest expense increased by 5.9% year-over-year, from $86.9M to $92M.
What is the long-term trend for WEC Energy Group's corporate and other — interest expense?
Over 4 years (2021 to 2025), WEC Energy Group's corporate and other — interest expense has grown at a 40.2% compound annual growth rate (CAGR), from $92.8M to $359M.
What does corporate and other — interest expense mean?
This represents the cost of debt financing incurred at the corporate level, including interest on corporate bonds and credit facilities. It reflects the financial leverage of the holding company and its ability to service debt independent of its utility subsidiaries. High interest expense relative to earnings can indicate increased financial risk at the parent level.