Net Income
Noncontrolling Interest Increase from Business Combination
WEC Energy Group Noncontrolling Interest Increase from Business Combination increased by 81.5% to $45.1M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 81.5%, from $24.85M to $45.1M.
Analysis
StatementIncome Statement
SectionNet Income
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ3 2018
Last reportedQ1 2025May 7, 2026
How to read this metric
An increase reflects the acquisition of entities where the company does not hold 100% ownership, impacting the noncontrolling interest line on the balance sheet.
Detailed definition
This metric tracks the increase in the equity portion of a subsidiary that is not attributable to the parent company, sp...
Peer comparison
Relevant for companies with complex corporate structures or joint ventures.
Metric ID:
wmt_noncontrolling_interest_increase_business_combinationHistorical Data
7 periods
| Q3 '22 | Q1 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | |
|---|---|---|---|---|---|---|---|
| Value | $42.5M | $112.9M | $24.85M | $24.85M | $24.85M | $24.85M | $45.1M |
| QoQ Change | — | +165.6% | -78.0% | +0.0% | +0.0% | +0.0% | +81.5% |
| YoY Change | — | — | -78.0% | — | — | — | +81.5% |
Range$24.85M – $112.9M
CAGR+4.0%
Avg YoY Growth+1.7%
Median YoY Growth+1.7%
Current Streak4 quarters growth
Noncontrolling Interest Increase from Business Combination at Other Companies
Frequently Asked Questions
- What is WEC Energy Group's noncontrolling interest increase from business combination?
- WEC Energy Group (WEC) reported noncontrolling interest increase from business combination of $45.1M in Q1 2025.
- How has WEC Energy Group's noncontrolling interest increase from business combination changed year-over-year?
- WEC Energy Group's noncontrolling interest increase from business combination increased by 81.5% year-over-year, from $24.85M to $45.1M.
- What does noncontrolling interest increase from business combination mean?
- The increase in the value of minority stakes held by others following an acquisition.