WEC Energy Group WEC Utility operations — Net income attributed to noncontrolling interests

Similar metrics at other companies

DUKElectric Utilities and Infrastructure — Non-Controlling Interests

$23M+4.5%

UGIUtilities — Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

$171M+3.0%

MGEEElectric — Net Income Loss Attributable To Noncontrolling Interest

$0—

DUKGas Utilities and Infrastructure — Non-Controlling Interests

$0—

VNOOther — Net Operating Income (Loss), Portion Attributable to Noncontrolling Interest, Total

$5.71M-23.8%

APTVElectrical Distribution Systems — Net income attributable to noncontrolling interest

$3M+200%

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$37.71B+9.9%

Enterprise value$59.4B+13.1%

P/E23.1×+2.4×

P/S3.7×+0.1×

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:NetIncomeLossAttributableToNoncontrollingInterest.

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 utility operations — net income attributed to noncontrolling interests.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is WEC Energy Group's utility operations — net income attributed to noncontrolling interests?: WEC Energy Group (WEC) reported utility operations — net income attributed to noncontrolling interests of $0 in Q1 2026.
What does utility operations — net income attributed to noncontrolling interests mean?: This metric represents the portion of the utility segment's net income that is attributable to minority partners or other stakeholders in consolidated subsidiaries. It is deducted from the total consolidated net income to arrive at the amount attributable to the parent company. It reflects the ownership structure of joint ventures or partially owned utility assets.