MGE Energy, Inc. (MGEE)

MGE Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	16.62	5.67	21.3	11.14	11.6	17.44
Accounts Receivable	72.3	100.33	87.11	79.92	98.49	81.02
Other Receivables	14.42	12.98	10.07	15.62	11.42	16.09
Inventory	64.98	64.18	67.65	72.65	74.28	51.96
Prepaid Expenses	19.12	19.31	18.39	22.31	19.13	20.21
Restricted Cash	1.01	0.95	1.11	0.86	0.87	0.85
Other Current Assets	22.44	25.13	21.64	35.71	27.69	11.8
Total Current Assets	210.9	228.55	227.27	238.2	243.48	199.37
Property, Plant & Equipment	2,710	2,580	2,295	2,136	1,979	1,887
Regulatory Assets	51.24	42.76	36.76	81.59	103.9	107.55
Other Intangible Assets	-	8.8	8.5	10.7	12.9	15.6
Long-Term Investments	135.67	127.91	118.04	112.82	105.88	98.75
Long-Term Deferred Charges	19.87	2.3	10.39	2.48	3.68	3.57
Other Long-Term Assets	172.41	164.99	132.26	93.9	68.87	60.33
Total Assets	3,300	3,155	2,828	2,675	2,518	2,372

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	66.84	117.67	77.47	65.45	59.33	64.15
Accrued Expenses	27.87	27.51	27.43	25.26	20.93	23.34
Short-Term Debt	34.75	94.53	-	38	70.5	5.5
Current Portion of Long-Term Debt	20.51	21.63	5.29	5.15	54.31	4.89
Current Portion of Leases	-	1.34	1.36	1.29	1.18	1.21
Other Current Liabilities	35.6	34.02	14.02	22.01	18.81	18.76
Total Current Liabilities	185.56	296.71	125.56	157.16	225.06	117.85
Long-Term Debt	879.1	792.21	763.7	718.82	585.25	614.21
Long-Term Leases	-	26.03	26.25	25.84	25.02	25.29
Pension & Post-Retirement Benefits	51.45	51.11	50.16	55.06	53.61	73.09
Long-Term Deferred Tax Liabilities	401.89	386.41	361.39	325.92	300.93	275.99
Other Long-Term Liabilities	341.68	299.03	270.77	252.59	246.06	238.02
Total Liabilities	1,860	1,851	1,598	1,535	1,436	1,344

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	37.78	36.54	36.49	36.16	36.16	36.16
Additional Paid-In Capital	523.77	434.96	429.52	396.75	395.66	394.9
Retained Earnings	878.97	832.44	764.13	707.16	649.85	596.4
Shareholders' Equity	1,441	1,304	1,230	1,140	1,082	1,027
Total Liabilities & Equity	3,300	3,155	2,828	2,675	2,518	2,372

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	934.36	935.73	796.59	789.09	736.26	651.1
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
Filing Date Shares Outstanding	37.78	36.56	36.51	36.17	36.16	36.16
Total Common Shares Outstanding	37.78	36.54	36.49	36.16	36.16	36.16
Working Capital	25.33	-68.16	101.7	81.04	18.42	81.52
Book Value Per Share	38.13	35.68	33.71	31.53	29.91	28.41
Tangible Book Value	1,441	1,295	1,222	1,129	1,069	1,012
Tangible Book Value Per Share	38.13	35.44	33.48	31.23	29.55	27.98
Machinery	-	3,426	3,206	2,828	2,619	2,540
Construction In Progress	-	292.97	138.21	110.09	105.75	50.6

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

Data Sources Report a data error