MGE Energy, Inc. (MGEE)
NASDAQ: MGEE · Real-Time Price · USD
79.50
-0.80 (-1.00%)
At close: Jul 30, 2026, 4:00 PM EDT
79.51
+0.01 (0.01%)
After-hours: Jul 30, 2026, 7:34 PM EDT

MGE Energy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
767.39743.65676.94690.43714.52606.58
Revenue Growth
8.91%9.86%-1.95%-3.37%17.79%12.62%
Gross Profit
309.93308.9278.83269.04243.92213.55
Operating Income
170.94170.65146.26146.39137.74117.29
Net Income
142.78135.89120.57117.7110.95105.76
Earnings Per Share
3.903.723.333.253.072.92
EPS Growth
10.17%11.71%2.46%5.86%5.14%12.31%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Consolidation / Elimination
-68.44-65.54-58.62-58.01-75.59-64.15
Gas
252.62232.3193.57215.51282.75208.35
Electric
537.44531.48497.48490.65465.12420.84
Non-regulated Energy
45.7645.4244.5242.2842.2441.54
Total
767.39743.65676.94690.43714.52606.58

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
9.475.6721.311.1411.617.44
Total Debt
941.07908.37768.98761.97727.17641.92
Net Cash (Debt)
-931.6-902.7-747.68-750.83-715.56-624.48
Net Cash Growth
------
Net Cash Per Share
-25.46-24.68-20.63-20.75-19.78-17.27

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
266.07263.23277.78237.56153.74137.53
Capital Expenditures
-396.71-343.22-236.93-222.07-175.03-153.17
Free Cash Flow
-130.64-79.9940.8615.49-21.3-15.64
Free Cash Flow Growth
--163.78%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
40.39%41.54%41.19%38.97%34.14%35.21%
Operating Margin
22.28%22.95%21.61%21.20%19.28%19.34%
Pretax Margin
21.25%21.07%19.38%21.07%19.20%18.11%
Profit Margin
18.61%18.27%17.81%17.05%15.53%17.44%
FCF Margin
-17.02%-10.76%6.04%2.24%-2.98%-2.58%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.9001.8501.7601.6701.5901.520
Dividend Per Share Growth
5.56%5.11%5.39%5.03%4.61%4.83%
Dividend Yield
2.39%2.36%1.87%2.31%2.26%1.84%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
20.3821.0828.2222.2522.9328.17
Forward PE
19.8820.2124.4119.2820.6527.06
P/FCF Ratio
--83.91168.82--
PS Ratio
4.243.855.063.793.564.90