MGEE
Company Description
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of December 31, 2021, the company generated and distributed electricity to 159,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 169,000 customers in seven Wisconsin counties. MGE Energy, Inc.is headquartered in Madison, Wisconsin.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 743.65M | 676.94M | 690.43M | 714.52M | 606.58M | 538.63M | 568.86M | 559.77M | 563.10M | 544.75M | 564.03M | 619.85M |
| Net Income | 135.89M | 120.57M | 117.70M | 110.95M | 105.76M | 92.42M | 86.87M | 84.22M | 97.61M | 75.56M | 71.34M | 80.32M |
| EPS | 3.72 | 3.33 | 3.25 | 3.07 | 2.92 | 2.60 | 2.33 | 2.43 | 2.82 | 2.18 | 2.06 | 2.32 |
| Free Cash Flow | (79.99M) | 40.86M | 15.49M | (21.30M) | (15.64M) | (30.70M) | (33.56M) | (59.16M) | 24.86M | 63.85M | N/A | N/A |
| FCF / Share | -2.19 | 1.13 | 0.43 | -0.59 | -0.43 | -0.86 | -0.97 | -1.71 | 0.72 | 1.84 | N/A | N/A |
| Operating CF | 263.23M | 277.78M | 237.56M | 153.74M | 137.53M | 172.44M | 130.47M | 153.04M | 132.99M | 147.51M | N/A | N/A |
| Total Assets | 3.16B | 2.83B | 2.68B | 2.52B | 2.37B | 2.25B | 2.08B | 1.99B | 1.86B | 1.80B | N/A | N/A |
| Total Debt | 935.73M | 787.45M | 780.01M | 727.17M | 641.92M | 594.11M | 560.78M | 510.90M | 426.61M | 387.12M | N/A | N/A |
| Cash & Equiv | 6.62M | 21.30M | 11.14M | 11.60M | 17.44M | 44.74M | 23.48M | 83.10M | 107.95M | 95.96M | N/A | N/A |
| Book Value | 1.30B | 1.23B | 1.14B | 1.08B | 1.03B | 976.00M | 855.68M | 816.64M | 778.19M | 724.09M | N/A | N/A |
| Return on Equity | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.09 | 0.10 | 0.10 | 0.13 | 0.10 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 242.70M | 189.55M | 175.68M | 159.45M | 218.97M | 171.41M | 168.48M | 145.71M | 191.34M | 164.65M | 160.53M | 148.00M |
| Net Income | 48.48M | 23.30M | 44.50M | 26.50M | 41.59M | 22.02M | 40.94M | 23.79M | 33.81M | 20.08M | 37.86M | 28.68M |
| EPS | 1.32 | 0.63 | 1.22 | 0.73 | 1.14 | 0.61 | 1.13 | 0.66 | 0.93 | 0.56 | 1.05 | 0.79 |
| Free Cash Flow | (20.45M) | (53.13M) | (49.05M) | (8.01M) | 30.21M | (4.91M) | 26.96M | (2.23M) | 21.04M | (28.25M) | 24.45M | 10.84M |
| FCF / Share | -0.56 | -1.45 | -1.34 | -0.22 | 0.83 | -0.14 | 0.75 | -0.06 | 0.58 | -0.78 | 0.68 | 0.30 |
| Operating CF | 80.69M | 34.46M | 94.82M | 56.09M | 77.86M | 67.95M | 79.40M | 64.62M | 65.81M | 43.52M | 67.05M | 70.99M |
| Total Assets | 3.19B | 3.16B | 2.99B | 2.86B | 2.84B | 2.83B | 2.75B | 2.72B | 2.67B | 2.68B | 2.59B | 2.56B |
| Total Debt | 941.07M | 935.73M | 841.44M | 772.13M | 767.81M | 787.45M | 720.52M | 781.48M | 763.83M | 780.01M | 735.07M | 746.59M |
| Cash & Equiv | 9.47M | 6.62M | 10.81M | 10.57M | 35.31M | 21.30M | 14.88M | 16.27M | 16.69M | 11.14M | 11.27M | 16.51M |
| Book Value | 1.35B | 1.30B | 1.30B | 1.27B | 1.26B | 1.23B | 1.20B | 1.17B | 1.16B | 1.14B | 1.14B | 1.11B |
| Return on Equity | 0.04 | 0.02 | 0.03 | 0.02 | 0.03 | 0.02 | 0.03 | 0.02 | 0.03 | 0.02 | 0.03 | 0.03 |