MGE ENERGY INC MGEE
Last close
77.37
2026-09-04
Market cap
$2.84B
2026-03-31 share count
52-week range
72.16 - 87.94
Valuation FY2025 figures against the last close
P/S—
P/E20.8x
P/FCF—
EV/EBITDA21.4x
Dividend yield2.4%
Diluted EPS3.72
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income | $170.7M | $146.3M | $146.4M | $137.7M | $117.3M | $110.0M | $110.9M | $114.2M | $124.6M | $123.9M |
| Interest expense | $33.8M | $32.9M | $30.4M | $26.6M | $24.1M | $23.5M | $23.1M | $19.6M | $19.3M | $19.9M |
| Pre-tax income | $156.7M | $131.2M | $145.5M | $137.2M | $109.9M | $111.8M | $106.7M | $111.7M | $119.7M | $118.1M |
| Income tax | $20.8M | $10.6M | $27.8M | $26.2M | $4.1M | $19.4M | $19.8M | $27.4M | $22.1M | $42.5M |
| Net income | $135.9M | $120.6M | $117.7M | $111.0M | $105.8M | $92.4M | $86.9M | $84.2M | $97.6M | $75.6M |
| EPS, basic | 3.72 | 3.33 | 3.25 | 3.07 | 2.92 | 2.60 | 2.51 | — | — | — |
| EPS, diluted | 3.72 | 3.33 | 3.25 | 3.07 | 2.92 | 2.60 | 2.51 | 2.43 | 2.82 | 2.18 |
| Shares, diluted (wtd. avg.) | $36.6M | $36.2M | $36.2M | $36.2M | $36.2M | $35.6M | $34.7M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $5.7M | $21.3M | $11.1M | $11.6M | $17.4M | $44.7M | $23.5M | $83.1M | $108.0M | $96.0M |
| Receivables | $57.6M | $51.3M | $46.7M | $55.4M | $46.2M | $41.4M | $40.5M | $43.6M | $42.3M | $39.9M |
| Total current assets | $228.5M | $227.3M | $238.2M | $243.5M | $199.4M | $209.5M | $181.6M | $240.6M | $290.6M | $275.5M |
| Property, plant and equipment | $2.57B | $2.29B | $2.13B | $1.97B | $1.88B | $1.77B | $1.64B | $1.51B | $1.34B | $1.28B |
| Total assets | $3.16B | $2.83B | $2.68B | $2.52B | $2.37B | $2.25B | $2.08B | $1.99B | $1.86B | $1.80B |
| Accounts payable | $117.7M | $77.5M | $65.5M | $59.3M | $64.1M | $54.6M | $55.2M | $46.2M | $47.6M | $47.8M |
| Short-term debt | $21.6M | $5.3M | $5.1M | $54.3M | $4.9M | $4.8M | $19.7M | $4.6M | $24.5M | $4.3M |
| Total current liabilities | $296.7M | $125.6M | $157.2M | $225.1M | $117.8M | $190.9M | $128.8M | $120.6M | $126.5M | $103.5M |
| Long-term debt | $792.2M | $763.7M | $718.8M | $585.2M | $614.2M | $519.3M | $523.7M | $493.3M | $398.2M | $382.8M |
| Retained earnings | $832.4M | $764.1M | $707.2M | $649.9M | $596.4M | $545.4M | $504.7M | $465.7M | $426.9M | $372.9M |
| Total equity | $1.30B | $1.23B | $1.14B | $1.08B | $1.03B | $976.0M | $855.7M | $816.6M | $778.2M | $724.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $263.2M | $277.8M | $237.6M | $153.7M | $137.5M | $172.4M | $130.5M | $153.0M | $131.4M | $147.9M |
| Capital expenditure | $343.2M | $236.9M | $222.1M | $175.0M | $153.2M | $203.1M | $164.0M | $212.2M | $108.1M | $83.7M |
| Investing cash flow | -$350.6M | -$241.5M | -$230.0M | -$180.1M | -$157.0M | -$210.4M | -$172.4M | -$218.3M | -$116.3M | -$86.8M |
| Financing cash flow | $71.6M | -$26.8M | -$10.5M | $25.5M | -$8.8M | $59.2M | -$17.2M | $38.1M | -$4.6M | -$46.1M |
| Dividends paid | $67.6M | $63.6M | $60.4M | $57.5M | $54.8M | $51.7M | $47.8M | $45.8M | $43.7M | $41.8M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-067036.