WEC Energy Group WEC Electric Transmission — Net income attributed to noncontrolling interests

Other segment segments

Non-Utility Energy Infrastructure

$1.4M+40.0%

Corporate and Other

$0—

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BKHPower Generation — Net Income Loss Attributable To Noncontrolling Interest

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MGEETransmission Investment — Net Income Loss

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PNW

PNWRegulated Electricity Segment — Less: Net income attributable to noncontrolling interests (Note 9)

-$2M+50.0%

DUKElectric Utilities and Infrastructure — Non-Controlling Interests

$23M+4.5%

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$37.47B+12.7%

Enterprise value$59.16B+14.9%

P/E22.9×+2.9×

P/S3.7×+0.1×

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:NetIncomeLossAttributableToNoncontrollingInterest.

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 electric transmission — net income attributed to noncontrolling interests?: WEC Energy Group (WEC) reported electric transmission — net income attributed to noncontrolling interests of $0 in Q1 2026.
What does electric transmission — net income attributed to noncontrolling interests mean?: The portion of net income from the electric transmission segment that is attributable to minority partners or noncontrolling shareholders. This accounts for the ownership stakes held by third parties in consolidated transmission assets.