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.
An increase may signal higher debt levels or rising interest rates, which can pressure net income if not recovered through regulatory rate adjustments.
This represents the cost of debt financing used to fund the utility segment's capital-intensive infrastructure projects....
Standard metric for all debt-financed utility companies.
wec_segment_utility_operations_interest_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '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% |