Products & Services · Interest Expense

Utility operations — Interest Expense

WEC Energy Group Utility operations — Interest Expense increased by 2.3% to $190.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.4%, from $189.30M to $190.00M. Over 2 years (FY 2021 to FY 2023), Utility operations — Interest Expense shows an upward trend with a 6.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
Rolls up toInterest Expense

How to read this metric

An increase may signal higher debt levels or rising interest rates, which can pressure net income if not recovered through regulatory rate adjustments.

Detailed definition

This represents the cost of debt financing used to fund the utility segment's capital-intensive infrastructure projects....

Peer comparison

Standard metric for all debt-financed utility companies.

Metric ID: wec_segment_utility_operations_interest_expense

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$157.90M$156.00M$156.40M$157.30M$156.80M$158.60M$170.90M$176.40M$175.60M$174.40M$179.40M$186.80M$184.80M$186.70M$189.30M$184.70M$185.70M$190.00M
QoQ Change-1.2%+0.3%+0.6%-0.3%+1.1%+7.8%+3.2%-0.5%-0.7%+2.9%+4.1%-1.1%+1.0%+1.4%-2.4%+0.5%+2.3%
YoY Change-0.7%+1.7%+9.3%+12.1%+12.0%+10.0%+5.0%+5.9%+5.2%+7.1%+1.3%-0.1%-0.5%+0.4%
Range$156.00M$190.00M
CAGR+4.5%
Avg YoY Growth+4.9%
Median YoY Growth+5.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is WEC Energy Group's utility operations — interest expense?
WEC Energy Group (WEC) reported utility operations — interest expense of $190.00M in Q1 2026.
How has WEC Energy Group's utility operations — interest expense changed year-over-year?
WEC Energy Group's utility operations — interest expense increased by 0.4% year-over-year, from $189.30M to $190.00M.
What is the long-term trend for WEC Energy Group's utility operations — interest expense?
Over 2 years (2021 to 2023), WEC Energy Group's utility operations — interest expense has grown at a 6.0% compound annual growth rate (CAGR), from $628.40M to $705.80M.
What does utility operations — interest expense mean?
The cost of borrowing money to fund utility infrastructure and operations.