MGE Energy Inc (MGEE)

Name: MGE Energy Inc (MGEE) annual fundamentals
Creator: TickerFacts
License: https://creativecommons.org/publicdomain/zero/1.0/

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SEC name MGE ENERGY INC · CIK 0001161728 · Nasdaq · Electric, Gas & Sanitary Services

Sector Transportation & Utilities
Incorporated WI
Fiscal year ends Dec 31

For the year ended 2025-12-31, MGE Energy Inc reported revenue of $743.65M. Revenue grew 9.9% from the prior annual period. Over the twelve months to 2026-03-31, revenue was $767.39M.

Key ratios (year ended 2025-12-31)

22.9%

Operating margin

18.3%

Net margin

10.4%

Return on year-end equity

9.9%

Revenue growth (YoY)

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Latest selected filing: Form 8-K (current report) · 2026-10-05

Headquarters locality: Madison · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-03-31 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period ended	TTM to 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31
Revenue	$767.39M	$743.65M	$676.94M	$690.43M	$714.52M	$606.58M	$538.63M	$568.86M	$559.77M	$563.10M	$544.75M
Operating Income	$170.94M	$170.65M	$146.26M	$146.38M	$137.74M	$117.29M	$110.00M	$110.91M	$114.21M	$124.62M	$123.88M
Net Income	$142.78M	$135.89M	$120.57M	$117.70M	$110.95M	$105.76M	$92.42M	$86.87M	$84.22M	$97.61M	$75.56M
EPS (Diluted)	n/a	$3.72	$3.33	$3.25	$3.07	$2.92	$2.60	$2.51	n/a	n/a	n/a
Total Assets	$3.19B	$3.16B	$2.83B	$2.68B	$2.52B	$2.37B	$2.25B	$2.08B	$1.99B	$1.86B	$1.80B
Shareholders' Equity	$1.35B	$1.30B	$1.23B	$1.14B	$1.08B	$1.03B	$976.00M	$855.68M	$816.64M	$778.19M	$724.09M
Cash & Equivalents	$9.47M	$5.67M	$21.30M	$11.14M	$11.60M	$17.44M	$44.74M	$23.48M	$83.10M	$107.95M	$95.96M
Operating Cash Flow	$266.06M	$263.23M	$277.78M	$237.56M	$153.74M	$137.53M	$172.44M	$130.47M	$153.04M	$131.37M	$147.86M
Capital Expenditures	$396.71M	$343.22M	$236.93M	$222.07M	$175.03M	$153.17M	$203.14M	$164.04M	$212.20M	$108.13M	$83.66M
Free Cash Flow	-$130.64M	-$79.99M	$40.86M	$15.49M	-$21.30M	-$15.64M	-$30.70M	-$33.56M	-$59.16M	$23.24M	$64.20M
Dividends Paid	$68.53M	$67.59M	$63.60M	$60.39M	$57.50M	$54.79M	$51.73M	$47.84M	$45.76M	$43.68M	$41.77M
Shares Outstanding	36.75M	36.54M	36.49M	36.16M	36.16M	36.16M	36.16M	34.67M	34.67M	34.67M	34.67M
Dividends Per Share	n/a	$1.85	$1.76	$1.67	$1.59	$1.52	$1.45	$1.38	$1.32	$1.26	$1.21
Weighted Average Diluted Shares	n/a	36.57M	36.24M	36.19M	36.17M	36.17M	35.61M	34.67M	n/a	n/a	n/a
EPS (Basic)	n/a	$3.72	$3.33	$3.25	$3.07	$2.92	$2.60	$2.51	n/a	n/a	n/a

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