Business Segments · Income tax expense (benefit)
Electric Transmission — Income tax expense (benefit)
WEC Energy Group Electric Transmission — Income tax expense (benefit) increased by 6.2% to $13.7M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.1%, from $11.9M to $13.7M. Over 4 years (FY 2021 to FY 2025), Electric Transmission — Income tax expense (benefit) shows an upward trend with a 10.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026May 7, 2026
Rolls up toIncome Tax
How to read this metric
An increase in expense reduces net segment profitability, while a benefit increases it.
Detailed definition
Represents the income tax expense or benefit specifically allocated to the electric transmission business segment. This...
Peer comparison
Standard across regulated utilities; peers report this to show segment-level tax efficiency.
Metric ID:
wec_segment_electric_transmission_income_tax_expense_benefitHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.4M | $9.7M | $3.4M | $8.9M | $9.3M | $14.3M | $13.3M | $9.7M | $9.7M | $10M | $9.6M | $9.9M | $10.5M | $10.2M | $16.5M | $11.9M | $11.4M | $12.7M | $12.9M | $13.7M |
| QoQ Change | — | +3.2% | -64.9% | +161.8% | +4.5% | +53.8% | -7.0% | -27.1% | +0.0% | +3.1% | -4.0% | +3.1% | +6.1% | -2.9% | +61.8% | -27.9% | -4.2% | +11.4% | +1.6% | +6.2% |
| YoY Change | — | — | — | — | -1.1% | +47.4% | +291.2% | +9.0% | +4.3% | -30.1% | -27.8% | +2.1% | +8.2% | +2.0% | +71.9% | +20.2% | +8.6% | +24.5% | -21.8% | +15.1% |
Range$3.4M – $16.5M
CAGR+8.3%
Avg YoY Growth+26.5%
Median YoY Growth+8.4%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is WEC Energy Group's electric transmission — income tax expense (benefit)?
- WEC Energy Group (WEC) reported electric transmission — income tax expense (benefit) of $13.7M in Q1 2026.
- How has WEC Energy Group's electric transmission — income tax expense (benefit) changed year-over-year?
- WEC Energy Group's electric transmission — income tax expense (benefit) increased by 15.1% year-over-year, from $11.9M to $13.7M.
- What is the long-term trend for WEC Energy Group's electric transmission — income tax expense (benefit)?
- Over 4 years (2021 to 2025), WEC Energy Group's electric transmission — income tax expense (benefit) has grown at a 10.9% compound annual growth rate (CAGR), from $32.3M to $48.9M.
- What does electric transmission — income tax expense (benefit) mean?
- The income tax cost or savings attributed to the electric transmission business unit.