YOLFTbeta
MGE Energy Inc

MGE Energy Inc

MGEE · NASDAQ · Utilities / Utilities - Regulated Electric

78.76USD-0.41 (-0.52%)

Price History

Full chart

Market Stats

Previous Close79.17
Open79.46
Day Range78.58 – 79.87
52-Week Range68.01 – 85.82
Volume130.10K
Market Cap2.60B
P/E (TTM)17.23
Forward P/E25.25
EPS4.00
Dividend Yield2.90%
Beta0.70
50-Day Avg78.24
200-Day Avg78.47

About

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity; purchases and distributes natural gas; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources and provides solar and wind generation, and battery storage services. As of December 31, 2025, the company owned and operated 811 miles of overhead electric distribution lines; 1,386 miles of underground electric distribution cables; 47 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,117 miles of distribution mains, as well as supplied electric service to approximately 170,000 customers. MGE Energy, Inc. has a strategic partnership with Realta Fusion Inc. and Madison Gas and Electric Company. MGE Energy, Inc. was incorporated in 2001 and is headquartered in Madison, Wisconsin.

Company Details

  • SectorUtilities
  • IndustryUtilities - Regulated Electric
  • CEOMr. Jeffrey M. Keebler
  • Employees726
  • Headquarters133 South Blair Street, Madison, WI, United States, 53788, USA
  • Websitehttps://www.mgeenergy.com

Leadership

  • Mr. Jeffrey M. KeeblerPresident, CEO & Chairman of the Board · b. 1972
  • Mr. Jared Joseph BushekExecutive VP, CFO & Treasurer · b. 1981
  • Ms. Cari Anne RenlundVP, General Counsel & Secretary · b. 1974
  • James J. LorenzVice President of Energy Operations · b. 1967
  • Jenny Lynn LagerwallAssistant VP of Accounting & Controller · b. 1985
  • Mr. Ken FrassettoDirector of Shareholder Services & Treasury Management

Financials

Income Statement

Currency: USD2005-10-312005-12-312006-10-312006-12-312007-10-312007-12-312008-10-312008-12-312009-10-312009-12-312010-10-312010-12-312011-10-312011-12-312012-10-312012-12-312013-10-312013-12-312014-10-312014-12-312015-10-312015-12-312016-10-312016-12-312017-10-312017-12-312018-10-312018-12-312019-10-312019-12-312020-10-312020-12-312021-10-312021-12-312022-10-312022-12-312023-10-312023-12-312024-12-312025-12-31
Total Revenue513.37M513.37M507.55M507.55M537.59M537.59M595.99M595.99M533.82M533.82M532.59M532.59M546.38M546.38M541.32M541.32M590.89M590.89M619.85M619.85M564.03M564.03M544.75M544.75M563.10M563.10M559.77M559.77M568.86M568.86M538.63M538.63M606.58M606.58M714.52M714.52M690.43M690.43M676.94M743.65M
Growth (%)-0.00%-1.13%0.00%+5.92%0.00%+10.86%0.00%-10.43%0.00%-0.23%0.00%+2.59%0.00%-0.93%0.00%+9.16%0.00%+4.90%0.00%-9.01%0.00%-3.42%0.00%+3.37%0.00%-0.59%0.00%+1.62%0.00%-5.31%0.00%+12.62%0.00%+17.79%0.00%-3.37%0.00%-1.95%+9.85%
Cost of Revenue292.80M292.80M255.72M255.72M275.13M275.13M300.97M300.97M245.04M245.04M216.97M216.97M214.37M214.37M371.49M371.49M405.45M405.45M421.41M421.41M375.67M375.67M351.81M351.81M361.99M361.99M369.74M369.74M365.64M366.52M334.69M334.69M393.03M393.03M470.60M470.60M421.39M421.39M398.12M20.00M
Gross Profit220.57M220.57M251.82M251.82M262.47M262.47M295.02M295.02M288.78M288.78M315.62M315.62M332.01M332.01M169.83M169.83M185.43M185.43M198.44M198.44M188.36M188.36M192.94M192.94M201.11M201.11M190.03M190.03M203.21M202.33M203.94M203.94M213.55M213.55M243.92M243.92M269.04M269.04M278.83M723.65M
Gross Margin42.96%42.96%49.62%49.62%48.82%48.82%49.50%49.50%54.10%54.10%59.26%59.26%60.77%60.77%31.37%31.37%31.38%31.38%32.01%32.01%33.40%33.40%35.42%35.42%35.71%35.71%33.95%33.95%35.72%35.57%37.86%37.86%35.21%35.21%34.14%34.14%38.97%38.97%41.19%97.31%
Operating Expense160.10M160.10M172.83M172.83M178.80M178.80M207.24M207.24M204.12M204.12M219.02M219.02M224.15M224.15M57.07M57.07M57.45M57.45M60.35M60.35M64.10M64.10M64.71M64.71M72.37M72.37M75.82M75.82M91.42M91.42M93.94M93.94M96.26M96.26M106.18M106.18M122.66M122.66M132.57M553.00M
Operating Income60.47M60.47M78.99M78.99M83.67M83.67M87.78M87.78M84.67M84.67M96.60M96.60M107.87M107.87M112.76M112.76M127.99M127.99M138.10M138.10M124.25M124.25M128.23M128.23M128.74M128.74M114.21M114.21M111.79M110.91M110.00M110.00M117.29M117.29M137.74M137.74M146.38M146.38M146.26M170.65M
Operating Margin11.78%11.78%15.56%15.56%15.56%15.56%14.73%14.73%15.86%15.86%18.14%18.14%19.74%19.74%20.83%20.83%21.66%21.66%22.28%22.28%22.03%22.03%23.54%23.54%22.86%22.86%20.40%20.40%19.65%19.50%20.42%20.42%19.34%19.34%19.28%19.28%21.20%21.20%21.61%22.95%
EBITDA84.84M89.78M106.17M106.17M109.93M109.93M119.01M127.06M125.75M133.84M134.56M145.66M148.81M158.02M161.54M161.54M177.53M177.53M188.87M178.79M177.09M177.09M182.59M182.59M192.10M192.10M187.67M187.67M194.06M201.28M209.55M209.55M210.97M210.97M249.37M249.37M276.28M276.28M272.68M304.78M
EBITDA Margin16.53%17.49%20.92%20.92%20.45%20.45%19.97%21.32%23.56%25.07%25.27%27.35%27.24%28.92%29.84%29.84%30.04%30.04%30.47%28.84%31.40%31.40%33.52%33.52%34.11%34.11%33.53%33.53%34.11%35.38%38.90%38.90%34.78%34.78%34.90%34.90%40.02%40.02%40.28%40.98%
Net Income32.09M32.09M42.42M42.42M48.83M48.83M52.77M52.77M51.00M51.00M57.72M57.72M60.93M60.93M64.45M64.45M74.91M74.91M80.32M80.32M71.34M71.34M75.56M75.56M97.61M97.61M84.22M84.22M80.78M86.87M92.42M92.42M105.76M105.76M110.95M110.95M117.70M117.70M120.57M135.89M
Net Income Margin6.25%6.25%8.36%8.36%9.08%9.08%8.85%8.85%9.55%9.55%10.84%10.84%11.15%11.15%11.91%11.91%12.68%12.68%12.96%12.96%12.65%12.65%13.87%13.87%17.33%17.33%15.05%15.05%14.20%15.27%17.16%17.16%17.44%17.44%15.53%15.53%17.05%17.05%17.81%18.27%
R&D----------0-0-0-0-0-0-0-0-0-------------
R&D as % of Total Revenue----------0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-------------
Interest Expense13.45M13.45M15.00M15.00M13.06M13.06M14.00M14.00M13.59M13.59M16.16M16.16M20.16M20.16M19.47M19.47M18.92M18.92M19.67M19.67M20.16M20.16M19.87M19.87M19.32M19.32M19.61M19.61M24.30M23.06M23.52M23.52M24.11M24.11M26.65M26.65M30.43M30.43M32.93M33.80M
Interest Expense % of Total Revenue2.62%2.62%2.96%2.96%2.43%2.43%2.35%2.35%2.55%2.55%3.03%3.03%3.69%3.69%3.60%3.60%3.20%3.20%3.17%3.17%3.57%3.57%3.65%3.65%3.43%3.43%3.50%3.50%4.27%4.05%4.37%4.37%3.98%3.98%3.73%3.73%4.41%4.41%4.86%4.54%

Balance Sheet

Currency: USD2005-10-312005-12-312006-10-312006-12-312007-10-312007-12-312008-10-312008-12-312009-10-312009-12-312010-10-312010-12-312011-10-312011-12-312012-10-312012-12-312013-10-312013-12-312014-10-312014-12-312015-10-312015-12-312016-10-312016-12-312017-10-312017-12-312018-10-312018-12-312019-10-312019-12-312020-10-312020-12-312021-10-312021-12-312022-10-312022-12-312023-10-312023-12-312024-12-312025-12-31
Total Assets916.91M916.91M982.23M982.23M1.11B1.11B1.27B1.27B1.28B1.28B1.32B1.32B1.46B1.46B1.59B1.59B1.58B1.58B1.70B1.70B1.73B1.73B1.80B1.80B1.86B1.86B1.99B1.99B2.08B2.08B2.25B2.25B2.37B2.37B2.52B2.52B2.68B2.68B2.83B3.16B
Total Liabilities573.02M573.02M606.88M606.88M683.86M683.86M790.07M790.07M780.09M780.09M792.81M792.81M907.93M907.93M1.01B1.01B961.55M961.55M1.04B1.04B1.04B1.04B1.08B1.08B1.08B1.08B1.17B1.17B1.23B1.23B1.28B1.28B1.34B1.34B1.44B1.44B1.54B1.54B1.60B1.85B
Total Equity343.88M343.88M375.35M375.35M427.73M427.73M478.20M478.20M501.80M501.80M525.08M525.08M550.95M550.95M579.43M579.43M617.51M617.51M659.40M659.40M690.46M690.46M724.09M724.09M778.19M778.19M816.64M816.64M855.68M855.68M976.00M976.00M1.03B1.03B1.08B1.08B1.14B1.14B1.23B1.30B
Cash3.33M3.33M3.00M3.00M3.79M3.79M4.11M4.11M4.70M4.70M7.11M7.11M41.17M41.17M46.36M46.36M68.81M68.81M65.75M65.75M81.38M81.38M95.96M95.96M107.95M107.95M83.10M83.10M23.48M23.48M44.74M44.74M17.44M17.44M11.60M11.60M11.14M11.14M21.30M6.62M
Total Debt304.81M304.81M309.28M309.28M365.85M365.85M396.91M396.91M386.97M386.97M358.52M358.52M363.57M363.57M361.50M361.50M403.52M403.52M406.44M406.44M395.28M395.28M387.12M387.12M426.61M426.61M510.90M510.90M560.78M560.78M594.11M594.11M641.92M641.92M727.17M727.17M780.01M780.01M787.45M935.73M
Net Debt301.48M301.48M306.28M306.28M362.06M362.06M392.80M392.80M382.27M382.27M351.41M351.41M322.40M322.40M315.15M315.15M334.70M334.70M340.68M340.68M313.90M313.90M291.17M291.17M318.66M318.66M427.79M427.79M537.30M537.30M549.37M549.37M624.48M624.48M715.56M715.56M768.87M768.87M766.15M929.12M

Cash Flow

Currency: USD2005-10-312005-12-312006-10-312006-12-312007-10-312007-12-312008-10-312008-12-312009-10-312009-12-312010-10-312010-12-312011-10-312011-12-312012-10-312012-12-312013-10-312013-12-312014-10-312014-12-312015-10-312015-12-312016-10-312016-12-312017-10-312017-12-312018-10-312018-12-312019-10-312019-12-312020-10-312020-12-312021-10-312021-12-312022-10-312022-12-312023-10-312023-12-312024-12-312025-12-31
Operating Cash Flow49.83M49.83M101.04M101.04M76.59M76.59M74.71M74.71M117.91M117.91M124.03M124.03M130.77M130.77M146.00M146.00M140.27M140.27M128.76M128.76M141.19M141.19M147.51M147.51M132.99M132.99M153.04M153.04M130.47M130.47M172.44M172.44M137.53M137.53M153.74M153.74M237.56M237.56M277.78M263.23M
Investing Cash Flow--72.18M--94.44M--134.79M--104.28M--79.97M-57.38M-57.38M0-66.35M0-101.35M-121.92M-121.92M-96.16M-96.16M-73.31M-73.31M-86.83M-86.83M-116.36M-116.36M-218.33M-218.33M-172.36M-172.36M-210.41M-210.41M-156.97M-156.97M-180.15M-180.15M--230.02M-241.49M-350.56M
Financing Cash Flow22.18M22.18M-6.93M-6.93M58.99M58.99M29.89M29.89M-37.34M-37.34M-64.24M-64.24M-30.36M-30.36M-39.46M-39.46M4.11M4.11M-35.66M-35.66M-52.24M-52.24M-46.11M-46.11M-4.64M-4.64M38.12M38.12M-17.23M-17.23M59.19M59.19M-8.76M-8.76M25.54M25.54M-10.48M-10.48M-26.83M71.57M
Capital Expenditure85.77M85.77M92.58M92.58M136.26M136.26M105.78M105.78M77.93M77.93M60.08M60.08M65.18M65.18M98.44M98.44M119.06M119.06M92.68M92.68M72.03M72.03M83.66M83.66M108.13M108.13M212.20M212.20M164.04M164.04M203.14M203.14M153.17M153.17M175.03M175.03M222.07M222.07M236.93M343.22M
Free Cash Flow-35.94M-35.94M8.46M8.46M-59.67M-59.67M-31.07M-31.07M39.98M39.98M63.95M63.95M65.60M65.60M47.57M47.57M21.21M21.21M36.09M36.09M69.16M69.16M63.85M63.85M24.86M24.86M-59.16M-59.16M-33.56M-33.56M-30.70M-30.70M-15.64M-15.64M-21.30M-21.30M15.49M15.49M40.86M-79.99M
Dividends Paid28.05M28.05M28.51M28.51M30.30M30.30M31.78M31.78M33.69M33.69M34.37M34.37M35.03M35.03M35.95M35.95M37.11M37.11M38.43M38.43M40.04M40.04M41.77M41.77M43.68M43.68M45.76M45.76M47.84M47.84M51.73M51.73M54.79M54.79M57.50M57.50M60.39M60.39M63.60M67.59M
FCF to OCF-72.14%-72.14%8.38%8.38%-77.92%-77.92%-41.58%-41.58%33.91%33.91%51.56%51.56%50.16%50.16%32.58%32.58%15.12%15.12%28.03%28.03%48.98%48.98%43.29%43.29%18.69%18.69%-38.65%-38.65%-25.72%-25.72%-17.80%-17.80%-11.37%-11.37%-13.85%-13.85%6.52%6.52%14.71%-30.39%
Dividend Paid to FCF-78.05%-78.05%336.87%336.87%-50.77%-50.77%-102.30%-102.30%84.27%84.27%53.74%53.74%53.40%53.40%75.58%75.58%174.95%174.95%106.49%106.49%57.90%57.90%65.42%65.42%175.71%175.71%-77.36%-77.36%-142.55%-142.55%-168.52%-168.52%-350.26%-350.26%-270.02%-270.02%389.88%389.88%155.65%-84.50%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999May 4, 2000Aug 3, 2000Nov 3, 2000Feb 8, 2001Mar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Dec 31, 2002May 2, 2003Aug 1, 2003Oct 30, 2003Feb 9, 2004Apr 30, 2004Aug 9, 2004Nov 9, 2004Mar 15, 2005Apr 29, 2005Aug 9, 2005Nov 8, 2005Mar 8, 2006May 8, 2006Aug 8, 2006Nov 7, 2006Feb 26, 2007May 8, 2007Aug 7, 2007Nov 12, 2007Feb 27, 2008May 7, 2008Aug 7, 2008Nov 5, 2008Feb 26, 2009May 7, 2009Aug 7, 2009Nov 5, 2009Feb 25, 2010May 6, 2010Aug 5, 2010Nov 4, 2010Feb 25, 2011May 6, 2011Aug 5, 2011Nov 4, 2011Feb 24, 2012May 7, 2012Aug 7, 2012Nov 6, 2012Feb 26, 2013May 3, 2013Aug 6, 2013Nov 7, 2013Feb 27, 2014May 8, 2014Aug 4, 2014Nov 6, 2014Feb 26, 2015May 14, 2015Aug 5, 2015Nov 5, 2015Feb 25, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Feb 24, 2017May 4, 2017Aug 3, 2017Nov 2, 2017Feb 23, 2018May 8, 2018Aug 7, 2018Nov 6, 2018Feb 22, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Feb 27, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 24, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 23, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 22, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 21, 2024May 8, 2024Aug 7, 2024Nov 6, 2024Feb 25, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 25, 2026May 5, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate--------0.390.110.270.25---------------------------------0.290.430.35-0.340.51-0.390.370.61-0.430.370.590.370.570.400.630.340.000.000.000.000.000.000.000.470.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.480.890.510.810.620.920.450.950.631.010.540.860.721.080.550.940.951.170.640.980.731.190.661.130.771.15
EPS Actual0.350.100.240.230.380.100.250.260.410.100.340.260.380.210.240.250.430.170.400.130.350.220.380.200.490.200.320.170.270.180.320.280.380.230.410.360.390.310.480.340.420.320.520.330.430.290.370.390.410.330.570.350.510.370.610.270.460.410.680.310.650.400.700.410.800.410.670.440.530.390.320.320.490.470.800.420.560.450.770.450.580.530.850.470.690.450.880.480.750.530.880.440.970.630.970.360.950.600.930.580.860.791.050.550.930.661.130.611.140.721.220.641.320.89-
Surprise--------5.13%-9.09%25.93%4.00%---------------------------------0.00%-13.95%11.43%--2.94%11.76%-30.77%0.00%0.00%-6.98%10.81%15.25%-16.22%14.04%0.00%11.11%20.59%--------31.91%-----------------10.42%-1.12%-12.87%19.75%1.61%5.43%-20.00%0.00%-4.76%-7.92%7.41%0.00%9.72%-2.78%0.00%-1.06%-30.53%-3.42%-4.69%16.33%-1.37%2.52%-3.03%16.81%15.58%-
Timing--------After-hoursAfter-hoursAfter-hoursAfter-hours---------------------------------After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursPre-market-Pre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-market-------After-hours-----------------After-hoursAfter-hours-After-hoursAfter-hoursPre-marketPre-market-Pre-marketAfter-hoursAfter-hours-After-hoursAfter-hours-Pre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hours

Key Statistics & Ratios

Market Cap2.60B
Enterprise Value3.66B
Trailing P/E17.23
Forward P/E25.25
PEG Ratio4.12
Price / Sales3.46
Price / Book1.91
EPS4.00
Book Value38.13
Revenue (TTM)752.13M
Gross Profit (TTM)309.76M
EBITDA288.32M
Profit Margin19.90%
Operating Margin22.67%
Return on Equity11.04%
Return on Assets3.72%
Shares Outstanding37.78M
Shares Float37.66M
Beta0.70
Dividend Yield2.90%
Dividend Rate2.03
Payout Ratio47.49%

Analyst Ratings

Sell
Based on 2 analystsTarget 76.80
  • Hold
    1
  • Strong Sell
    1

Ownership Breakdown

Institutions
71.20%
Insiders
0.33%
Retail / Other
28.47%

Top Institutional Holders

  • BlackRock Inc
    5.46M14.45%
  • Vanguard Portfolio Management, LLC
    2.66M7.05%
  • State Street Corp
    1.92M5.08%
  • Vanguard Capital Management, LLC
    1.64M4.34%
  • Zimmer Partners LP
    1.00M2.65%
  • Geode Capital Management, LLC
    925.77K2.45%
  • Dimensional Fund Advisors, Inc.
    700.97K1.86%
  • Gabelli Funds LLC
    513.70K1.36%
  • Two Sigma Investments LLC
    486.96K1.29%
  • First Trust Advisors L.P.
    447.44K1.18%
  • Charles Schwab Investment Management Inc
    418.15K1.11%
  • Northern Trust Corp
    360.85K0.95%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.30M6.09%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.21M3.20%
  • iShares Russell 2000 ETF
    952.58K2.52%
  • Vanguard Small Cap Index
    869.77K2.30%
  • Vanguard MStar Small Cap Value Index
    551.56K1.46%
  • First Trust Value Line® Dividend ETF
    433.27K1.15%
  • Fidelity Small Cap Index
    408.31K1.08%
  • Gabelli Utilities AAA
    375.50K0.99%

Dividends

20263×
0.51Sep 1, 20260.47Jun 1, 20260.47Feb 27, 2026
20254×
0.47Dec 1, 20250.47Aug 29, 20250.45May 30, 20250.45Feb 28, 2025
20244×
0.45Nov 29, 20240.45Aug 30, 20240.43May 31, 20240.43Feb 29, 2024
20234×
0.43Nov 30, 20230.43Aug 31, 20230.41May 31, 20230.41Feb 28, 2023
20224×
0.41Nov 30, 20220.41Aug 31, 20220.39May 31, 20220.39Feb 28, 2022
20214×
0.39Nov 30, 20210.39Aug 31, 20210.37May 28, 20210.37Feb 26, 2021
20201×
0.37Nov 30, 2020

Stock Splits

  • Feb 10, 20143:2
  • Feb 21, 19963:2
  • Jan 22, 19923:2