Non-Utility Energy Infrastructure — Income tax expense (benefit)
WEC Energy Group Non-Utility Energy Infrastructure — Income tax expense (benefit) decreased by 30.2% to -$31.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.5%, from -$35.60M to -$31.50M. Over 3 years (FY 2022 to FY 2025), Non-Utility Energy Infrastructure — Income tax expense (benefit) shows a downward trend with a 80.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A benefit (negative expense) may indicate tax credits from renewable energy investments, while high expense reflects strong taxable income.
Detailed definition
The provision for income taxes related to the earnings of the non-utility energy infrastructure segment. This accounts f...
Peer comparison
Standard tax reporting for business segments; highly dependent on specific tax incentives like renewable energy credits.
wec_segment_non_utility_energy_infrastructure_income_tax_expense_benefitHistorical Data
| Q2 '21 | Q3 '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 | $700.00K | $5.00M | -$4.90M | -$7.30M | $1.70M | -$10.40M | -$17.80M | -$19.70M | -$6.70M | -$24.20M | -$23.40M | -$20.20M | -$16.00M | -$22.80M | -$35.60M | -$38.90M | -$24.20M | -$24.20M | -$31.50M |
| QoQ Change | — | +614.3% | -198.0% | -49.0% | +123.3% | -711.8% | -71.2% | -10.7% | +66.0% | -261.2% | +3.3% | +13.7% | +20.8% | -42.5% | -56.1% | -9.3% | +37.8% | +0.0% | -30.2% |
| YoY Change | — | — | — | <-999% | -66.0% | — | -263.3% | -169.9% | -494.1% | -132.7% | -31.5% | -2.5% | -138.8% | +5.8% | -52.1% | -92.6% | -51.2% | -6.1% | +11.5% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's non-utility energy infrastructure — income tax expense (benefit)?
- WEC Energy Group (WEC) reported non-utility energy infrastructure — income tax expense (benefit) of -$31.50M in Q1 2026.
- How has WEC Energy Group's non-utility energy infrastructure — income tax expense (benefit) changed year-over-year?
- WEC Energy Group's non-utility energy infrastructure — income tax expense (benefit) increased by 11.5% year-over-year, from -$35.60M to -$31.50M.
- What is the long-term trend for WEC Energy Group's non-utility energy infrastructure — income tax expense (benefit)?
- Over 3 years (2022 to 2025), WEC Energy Group's non-utility energy infrastructure — income tax expense (benefit) has grown at a 80.5% compound annual growth rate (CAGR), from -$20.90M to -$122.90M.
- What does non-utility energy infrastructure — income tax expense (benefit) mean?
- The income tax cost or benefit attributed to the non-utility segment's earnings.