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MGE Energy, Inc. (MGEE)
NASDAQ: MGEE · Real-Time Price · USD
78.66
-1.82 (-2.26%)
At close: Aug 21, 2026, 4:00 PM EDT
80.23
+1.57 (2.00%)
After-hours: Aug 21, 2026, 7:35 PM EDT

MGE Energy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
752.13726.65659.94673.93699.82593.08
Revenue Growth
7.25%10.11%-2.08%-3.70%18.00%13.07%
Net Income
149.63135.89120.57117.7110.95105.76
Earnings Per Share
4.073.723.333.253.072.92
EPS Growth
13.07%11.71%2.45%5.93%5.07%12.52%

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Consolidation / Elimination
-68.55-65.54-58.62-58.01-75.59-64.15
Non-regulated Energy
46.2145.4244.5242.2842.2441.54
Electric
539.53531.48497.48490.65465.12420.84
Gas
251.94232.3193.57215.51282.75208.35
Total
769.13743.65676.94690.43714.52606.58

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
16.625.6721.311.1411.617.44
Total Debt
934.36935.73796.59789.09736.26651.1
Net Cash (Debt)
-917.74-930.07-775.29-777.95-724.65-633.66
Net Cash Growth
------
Net Cash Per Share
-24.93-25.43-21.39-21.50-20.03-17.52

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
278.11263.23277.78237.56153.74137.53
Capital Expenditures
-442.37-343.22-236.93-222.07-175.03-153.17
Free Cash Flow
-164.26-79.9940.8615.49-21.3-15.64
Free Cash Flow Growth
--163.78%---

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Pretax Margin
22.77%21.56%19.88%21.59%19.60%18.53%
Profit Margin
19.89%18.70%18.27%17.46%15.85%17.83%
FCF Margin
-21.84%-11.01%6.19%2.30%-3.04%-2.64%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '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
2.42%2.39%1.94%2.44%2.44%2.04%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
19.3221.0928.2222.2222.9528.12
Forward PE
19.0020.2124.4119.2820.6527.06
P/FCF Ratio
--83.26168.82--
PS Ratio
3.953.945.163.883.645.01