Skip to content

WEC Energy Group WEC Non-Utility Energy Infrastructure — Income tax expense (benefit)

Other segment segments

Corporate and Other
-$90.1M-10.4%
Electric Transmission
$11.9M

Similar metrics at other companies

Avista logo
AVANon Utility Revenue — Income Tax Expense Benefit
$0+100%
MGE Energy logo
MGEENon Regulated Energy — Income Tax Expense Benefit
$2.35M+4.1%
National Fuel Gas logo
NFGUtility — Income Tax
$18M+7.9%
UGI logo
UGIUtilities — Income Tax Expense (Benefit)
$49M-2.0%
Duke Energy logo
DUKElectric Utilitiesand Infrastructure — Income Tax Expense From Continuing Operations
$200M-6.5%
Willdan Group logo
WLDNEnergy — Income Tax Expense Benefit
-$1.35M-371%

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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:IncomeTaxExpenseBenefit.

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

Ask your AI about WEC Energy Group's non-utility energy infrastructure — income tax expense (benefit).

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

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 -$31.5M 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 -$35.6M to -$31.5M.
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 -$20.9M to -$122.9M.
What does non-utility energy infrastructure — income tax expense (benefit) mean?
The provision for income taxes related to the earnings of the non-utility energy infrastructure segment. This accounts for the tax impact of the segment's profitability, adjusted for tax credits and other jurisdictional tax rules.