MGE ENERGY INC
MGE ENERGY INC
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 9 | 6 | 10 | 11 | 35 | 21 | 15 | 16 | 17 | 11 | 11 | 17 | |||||
Accounts Receivable Net Current | 59 | 58 | 41 | 43 | 53 | 51 | 45 | 43 | 45 | 47 | 44 | 41 | |||||
Other Receivables Net Current | 12 | 13 | 12 | 10 | 7 | 10 | 15 | 16 | 10 | 16 | 17 | 15 | |||||
Unbilled Receivables Current | 32 | 43 | 27 | 30 | 30 | 36 | 26 | 28 | 33 | 33 | 25 | 27 | |||||
Other Inventory Supplies | 38 | 38 | 38 | 38 | 37 | 36 | 35 | 35 | 34 | 33 | 35 | 34 | |||||
Energy Related Inventory Other Fossil Fuel | 11 | 11 | 10 | 12 | 13 | 12 | 11 | 13 | 14 | 13 | 9 | 13 | |||||
Energy Related Inventory Gas Stored Underground | 9 | 15 | 20 | 17 | 12 | 20 | 23 | 22 | 22 | 26 | 28 | 26 | |||||
Prepaid Taxes | 14 | 19 | 14 | 18 | 14 | 18 | 14 | 18 | 14 | 22 | 14 | 20 | |||||
Regulatory Assets Current | 11 | 9 | 7 | 6 | 8 | 9 | 12 | 16 | 20 | 21 | 18 | 16 | |||||
Other Assets Current | 15 | 17 | 15 | 14 | 13 | 14 | 15 | 14 | 13 | 16 | 15 | 15 | |||||
Assets Current | 211 | 229 | 195 | 198 | 222 | 227 | 210 | 222 | 222 | 238 | 216 | 223 | |||||
Regulatory Assets Noncurrent | 45 | 43 | 40 | 41 | 38 | 37 | 66 | 66 | 81 | 82 | 97 | 98 | |||||
Defined Benefit Plan Assets For Plan Benefits Nonc… | 169 | 165 | 141 | 138 | 135 | 132 | 102 | 99 | 97 | 94 | 74 | 72 | |||||
Other Assets Noncurrent | 19 | 18 | 19 | 19 | 27 | 26 | 22 | 21 | 21 | 21 | 21 | 22 | |||||
Property Plant And Equipm… | |||||||||||||||||
Construction In Progress Gross | 326 | 293 | 220 | 103 | 84 | 138 | 155 | 128 | 110 | 110 | 169 | 133 | |||||
Property Plant And Equipment Net | 2,609 | 2,573 | 2,469 | 2,341 | 2,298 | 2,287 | 2,233 | 2,201 | 2,140 | 2,128 | 2,071 | 2,036 | |||||
Investments | 133 | 128 | 127 | 124 | 120 | 118 | 116 | 115 | 115 | 113 | 111 | 109 | |||||
Assets | 3,186 | 3,155 | 2,991 | 2,861 | 2,841 | 2,828 | 2,749 | 2,725 | 2,674 | 2,675 | 2,591 | 2,560 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Long Term Debt Current | 20 | 22 | 20 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 35 | |||||
Short Term Borrowings | 40 | 95 | 76 | 6 | - | 0 | 49 | 60 | 41 | 38 | 22 | 42 | |||||
Accounts Payable Current | 57 | 118 | 67 | 50 | 48 | 77 | 46 | 50 | 42 | 65 | 54 | 39 | |||||
Employee Related Liabilities Current | 14 | 17 | 16 | 14 | 13 | 16 | 15 | 13 | 12 | 16 | 13 | 10 | |||||
Regulatory Liability Current | 28 | 23 | 16 | 16 | 19 | 8 | 16 | 22 | 26 | 15 | 13 | 16 | |||||
Other Liabilities Current | 9 | 12 | 8 | 9 | 7 | 7 | 8 | 9 | 6 | 8 | 8 | 9 | |||||
Liabilities Current | 183 | 297 | 215 | 110 | 108 | 126 | 150 | 168 | 140 | 157 | 123 | 159 | |||||
Liabilities Noncurrent | |||||||||||||||||
Deferred Income Tax Liabilities Net | 344 | 338 | 321 | 316 | 320 | 316 | 300 | 287 | 283 | 279 | 271 | 267 | |||||
Accumulated Deferred Investment Tax Credit | 48 | 49 | 49 | 50 | 45 | 45 | 45 | 46 | 46 | 47 | 47 | 48 | |||||
Regulatory Liability Noncurrent | 189 | 185 | 170 | 164 | 162 | 163 | 152 | 150 | 157 | 162 | 155 | 154 | |||||
Pension And Other Postretirement Defined Benefit P… | 51 | 51 | 51 | 51 | 50 | 50 | 56 | 56 | 55 | 55 | 55 | 54 | |||||
Asset Retirement Obligations Noncurrent | 77 | 76 | 76 | 74 | 72 | 69 | 72 | 72 | 56 | 54 | - | - | |||||
Other Liabilities Noncurrent | 63 | 63 | 66 | 65 | 64 | 65 | 64 | 62 | 60 | 62 | 96 | 96 | |||||
Finance Lease Liability Noncurrent | - | - | - | - | - | - | - | - | - | 18 | 18 | 18 | |||||
Liabilities Noncurrent | 773 | 763 | 733 | 719 | 712 | 709 | 689 | 672 | 658 | 659 | 642 | 636 | |||||
Capitalization Longterm D… | |||||||||||||||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | - | 37 | - | - | - | 36 | - | - | - | 36 | - | - | |||||
Additional Paid In Capital | - | 435 | - | - | - | 430 | - | - | - | 397 | - | - | |||||
Retained Earnings Accumulated Deficit | - | 832 | - | - | - | 764 | - | - | - | 707 | - | - | |||||
Stockholders Equity | 1,349 | 1,304 | 1,298 | 1,270 | 1,259 | 1,230 | 1,195 | 1,168 | 1,159 | 1,140 | 1,135 | 1,113 | |||||
Long Term Debt Noncurrent | 880 | 792 | 745 | 761 | 762 | 764 | 715 | 716 | 718 | 719 | 690 | 652 | |||||
Capitalization Longterm Debt And Equity | 2,230 | 2,096 | 2,043 | 2,031 | 2,021 | 1,994 | 1,911 | 1,884 | 1,876 | 1,859 | 1,825 | 1,764 | |||||
Liabilities And Stockholders Equity | 3,186 | 3,155 | 2,991 | 2,861 | 2,841 | 2,828 | 2,749 | 2,725 | 2,674 | 2,675 | 2,591 | 2,560 | |||||
Receivables Net Current | |||||||||||||||||
Allowance For Doubtful Accounts Receivable Current | 10 | 9 | 8 | 9 | 8 | 7 | 6 | 6 | 8 | 7 | 6 | 6 | |||||
Allowance For Doubtful Accounts Premiums And Other… | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | |||||
Common Stock Number Of Sh… | |||||||||||||||||
Common Stock Par Or Stated Value Per Share | - | 1 | - | - | - | 1 | - | - | - | 1 | - | - | |||||
Common Stock Shares Authorized | - | 75 | - | - | - | 75 | - | - | - | 75 | - | - | |||||
Common Stock Shares Issued | - | 37 | - | - | - | 36 | - | - | - | 36 | - | - | |||||
Shares Outstanding | - | 37 | - | - | - | 36 | - | - | - | 36 | - | - | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.50% | -0.58% | 2.71% | - | - | - | - | - | - | - | - | - |
| 2025 | -1.47% | -3.84% | -5.61% | 2.07% | -0.20% | 4.10% | -1.95% | -6.71% | -6.41% | -9.69% | -5.60% | -9.37% |
| 2024 | 0.60% | -6.19% | 8.55% | 2.76% | 7.88% | 7.47% | 7.61% | -1.87% | -11.56% | -2.51% | -3.29% | -1.14% |
| 2023 | - | - | - | -5.79% | -6.34% | -10.55% | 0.09% | -3.29% | -6.40% | 15.28% | 15.15% | 24.63% |
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Performance and Valuation Metrics
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Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.15 | 0.77 | 0.91 | 1.80 | 2.07 | 1.81 | 1.41 | 1.32 | 1.59 | 1.52 | 1.76 | 1.40 | |||||
| Quick Ratio | 1.15 | 0.77 | 0.91 | 1.80 | 2.07 | 1.81 | 1.41 | 1.32 | 1.59 | 1.52 | 1.76 | 1.40 | |||||
| Working Capital | 27.97M | -68.16M | -20.09M | 88.42M | 114.83M | 101.70M | 60.72M | 54.15M | 82.09M | 81.04M | 93.57M | 63.13M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.71 | 0.81 | 0.73 | 0.65 | 0.65 | 0.68 | 0.70 | 0.72 | 0.69 | 0.72 | 0.67 | 0.72 | |||||
| Interest Coverage TTM | 4.75 | 5.05 | 5.04 | 4.99 | 4.87 | 4.44 | 4.43 | 4.39 | 4.75 | 4.81 | 5.03 | 5.16 | |||||
| Debt Ratio | 0.30 | 0.34 | 0.32 | 0.29 | 0.29 | 0.29 | 0.31 | 0.31 | 0.30 | 0.31 | 0.30 | 0.31 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.25 | 0.25 | 0.25 | 0.26 | 0.26 | 0.25 | 0.25 | 0.25 | 0.26 | 0.27 | 0.28 | 0.29 | |||||
| Days Sales Outstanding TTM | 26.66 | 26.71 | 21.66 | 21.92 | 25.49 | 26.42 | 24.08 | 23.15 | 26.90 | 27.00 | 22.51 | 20.88 | |||||
| Receivables Turnover TTM | 13.69 | 13.67 | 16.85 | 16.65 | 14.32 | 13.81 | 15.15 | 15.77 | 13.57 | 13.52 | 16.21 | 17.48 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 3.90 | 3.72 | 3.68 | 3.58 | 3.51 | 3.33 | 3.28 | 3.19 | 3.33 | 3.25 | 3.28 | 3.17 | |||||
| Free Cash Flow Per Share TTM | -3.57 | -2.19 | -0.87 | 1.21 | 1.37 | 1.13 | 0.48 | 0.41 | 0.78 | 0.43 | 0.32 | -1.31 | |||||
| Dividend Per Share TTM | 1.87 | 1.85 | 1.82 | 1.79 | 1.77 | 1.76 | 1.73 | 1.71 | 1.69 | 1.67 | 1.65 | 1.63 | |||||
Margin Metrics | |||||||||||||||||
| Operating Profit Margin TTM | 22.28% | 22.95% | 22.85% | 22.67% | 22.48% | 21.61% | 21.31% | 20.91% | 22.14% | 21.20% | 20.98% | 20.72% | |||||
| Net Profit Margin TTM | 18.61% | 18.27% | 18.55% | 18.24% | 18.22% | 17.81% | 17.70% | 17.45% | 18.12% | 17.05% | 16.58% | 15.94% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 8.91% | 9.85% | 8.26% | 8.47% | 6.03% | -1.95% | -6.35% | -7.83% | -8.07% | -3.37% | 4.20% | 7.36% | |||||
| Net Income Growth (1Y) | 11.24% | 12.71% | 13.47% | 13.42% | 6.57% | 2.44% | -0.03% | 0.89% | 11.92% | 6.08% | 15.25% | 9.96% | |||||
| EPS Growth (1Y) | 11.00% | 11.71% | 12.35% | 12.29% | 5.58% | 2.31% | -0.08% | 0.85% | 11.89% | 6.08% | 15.25% | 9.96% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 19.68 | 20.83 | 22.45 | 24.09 | 25.70 | 27.29 | 26.86 | 22.41 | 22.53 | 21.03 | 19.64 | 23.37 | |||||
| P/B TTM | 2.08 | 2.17 | 2.33 | 2.49 | 2.62 | 2.68 | 2.67 | 2.22 | 2.34 | 2.17 | 2.05 | 2.41 | |||||
| P/S TTM | 3.66 | 3.81 | 4.16 | 4.39 | 4.68 | 4.86 | 4.75 | 3.91 | 4.08 | 3.58 | 3.26 | 3.72 | |||||
| Market Cap | 2.81B | 2.83B | 3.02B | 3.16B | 3.30B | 3.29B | 3.19B | 2.59B | 2.71B | 2.47B | 2.33B | 2.68B | |||||
| Enterprise Value | 3.74B | 3.73B | 3.85B | 3.92B | 4.03B | 4.04B | 3.94B | 3.35B | 3.46B | 3.23B | 3.04B | 3.39B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -130.64M | -79.99M | -31.77M | 44.25M | 50.02M | 40.86M | 17.52M | 15.01M | 28.09M | 15.49M | 11.57M | -47.32M | |||||
| Net Debt | 931.60M | 902.70M | 831.30M | 761.56M | 732.51M | 747.68M | 754.14M | 765.21M | 747.14M | 750.83M | 705.87M | 712.23M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| EV Revenue TTM | |||||||||||||||||
| EV FCF TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
MGE ENERGY INC (MGEE) — SEC Financial Statements & Analysis
MGE ENERGY INC (MGEE) is a electric, gas & sanitary services company, incorporated in WI. MGE ENERGY INC trades on Nasdaq as: MGEE. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), MGE ENERGY INC reported a 8.91% year-over-year revenue growth, a Debt-to-Equity ratio of 0.71x, a Price-to-Sales (P/S) ratio of 3.66x (TTM), a Price-to-Book (P/B) ratio of 2.08x (TTM), at a market cap of $2.81B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 8.91%
- Debt To Equity
- 0.71x
- P/S TTM
- 3.66x
- P/B TTM
- 2.08x
- Market Cap
- $2.81B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is MGE ENERGY INC in?
MGE ENERGY INC (MGEE) operates in the Electric, Gas & Sanitary Services industry.
What is MGEE's market cap?
MGE ENERGY INC (MGEE) has a market capitalization of $2.81B as of 2026-03-31.
What is MGEE's P/E ratio?
MGE ENERGY INC (MGEE)'s trailing twelve month P/E ratio is 19.68x as of 2026-03-31.
What exchange does MGEE trade on?
MGE ENERGY INC (MGEE) trades on the Nasdaq.
Where is MGE ENERGY INC incorporated?
MGE ENERGY INC is incorporated in WI.