WEC Energy Group WEC Utility operations — Income tax expense (benefit)

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Questions, answered.

What is WEC Energy Group's utility operations — income tax expense (benefit)?

WEC Energy Group (WEC) reported utility operations — income tax expense (benefit) of $161M in Q1 2026.

How has WEC Energy Group's utility operations — income tax expense (benefit) changed year-over-year?

WEC Energy Group's utility operations — income tax expense (benefit) decreased by 3.0% year-over-year, from $166M to $161M.

What is the long-term trend for WEC Energy Group's utility operations — income tax expense (benefit)?

Over 4 years (2021 to 2025), WEC Energy Group's utility operations — income tax expense (benefit) has grown at a 8.6% compound annual growth rate (CAGR), from $210.7M to $293M.

What does utility operations — income tax expense (benefit) mean?

This reflects the income tax provision associated with the utility segment's pre-tax earnings. It accounts for both current and deferred tax liabilities based on the utility's effective tax rate. This metric is essential for calculating the segment's contribution to net income after accounting for tax obligations.