MGEE - NASDAQ
MGE Energy, Inc.
$73.86
+0.61%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.
At a Glance
Live SnapshotMGE Energy, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
MGE Energy, Inc. Cash Flow Statement
MGEE • NASDAQ
| MGE Energy, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
135.9M | 120.6M | 117.7M | 111M | 105.8M | 92.4M | 86.9M | 84.2M | 97.6M | 75.6M | 71.3M | 80.3M | 74.9M | 64.4M | 60.9M | 57.7M | 51M | 52.8M | 48.8M | 42.4M | |
114.3M | 108.6M | 100.4M | 85.5M | 77M | 74.2M | 71.6M | 56.4M | 53.1M | 44.6M | 44.2M | 40.7M | 38.8M | 38.7M | 40.9M | 38M | 41.1M | 39.3M | 32.2M | 31.3M | |
7.6M | 608K | 23M | 23.4M | 4.8M | 10.4M | 7.2M | 3.7M | -4.1M | 22.4M | 21.9M | 49.9M | 38.4M | 44.8M | 33.7M | 25.4M | 17.7M | 8.6M | 750K | 5.2M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.1M | 1M | 3.1M | 1M | 2M | 1.5M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-6.2M | -274K | -14.3M | -17.3M | -8.9M | -12.6M | -10.3M | -6.4M | -10.6M | -13M | -13M | -2.6M | -41.4M | -27.4M | -2.1M | 14.3M | 6.1M | 1.2M | 5.6M | 18.9M | |
(0.0) | (0.0) | (9.8M) | (3.2M) | (4M) | (8.1M) | (14.6M) | (12.6M) | (27.1M) | (21.8M) | (23.8M) | (19.6M) | (8M) | (3.5M) | (5.5M) | (10.4M) | (24.2M) | (21.1M) | (27.6M) | (20.5M) | |
11.6M | 48.3M | 10.8M | -48.9M | -41.1M | 8M | -24.9M | 17.6M | -2M | 16.9M | 13.8M | -39M | 15.8M | 6.7M | 7M | -3.8M | 12.6M | -31.5M | -8.5M | 8.7M | |
263.2M | 277.8M | 237.6M | 153.7M | 137.5M | 172.4M | 130.5M | 153M | 133M | 147.5M | 141.2M | 128.8M | 140.3M | 146M | 130.8M | 124M | 117.9M | 74.7M | 76.6M | 101M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-343.2M | -236.9M | -222.1M | -175M | -153.2M | -203.1M | -164M | -212.2M | -108.1M | -83.7M | -72M | -92.7M | -119.1M | -98.4M | -65.2M | -60.1M | -77.9M | -105.8M | -136.3M | -92.6M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (2.8M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (3.4M) | (0.0) | (3.5M) | (1.8M) | (0.0) | |
-9.5M | -4.8M | -7M | -5.2M | -4M | -5.6M | -7.8M | -5.9M | -11.1M | -3M | -1.1M | -2.2M | -1.7M | -2.4M | -3.2M | -810K | -3.7M | -3.7M | -255K | (0.0) | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 161K | 114K | 499K | -778K | 0.0 | |
2.2M | 230K | -954K | 70K | 221K | -1.7M | -508K | -205K | 2.9M | -209K | -230K | -1.3M | -1.2M | -496K | 2M | -12K | 1.5M | 1.2M | 743K | -1.9M | |
-350.6M | -241.5M | -230M | -180.1M | -157M | -210.4M | -172.4M | -218.3M | -116.4M | -86.8M | -73.3M | -96.2M | -121.9M | -101.4M | -66.4M | -57.4M | -80M | -104.3M | -134.8M | -94.4M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
3.8M | 31.6M | 0.0 | 0.0 | 0.0 | 79.6M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.3M | 31M | 32.8M | 17.2M | |
137.2M | 6.9M | 52.5M | 85.1M | 48.2M | 32.8M | 32.4M | 84.5M | 39.6M | -4.3M | -4.2M | 2.9M | 42M | -2.7M | 5M | -28.5M | -10M | 31M | 56.5M | 4.5M | |
-67.6M | -63.6M | -60.4M | -57.5M | -54.8M | -51.7M | -47.8M | -45.8M | -43.7M | -41.8M | -40M | -38.4M | -37.1M | -36M | -35M | -34.4M | -33.7M | -31.8M | -30.3M | -28.5M | |
-1.8M | -1.7M | -2.6M | -2.1M | -2.2M | -1.6M | -1.8M | -662K | -597K | -70K | -8M | -130K | -770K | -844K | -336K | -1.3M | 82K | -330K | 0.0 | -82K | |
71.6M | -26.8M | -10.5M | 25.5M | -8.8M | 59.2M | -17.2M | 38.1M | -4.6M | -46.1M | -52.2M | -35.7M | 4.1M | -39.5M | -30.4M | -64.2M | -37.3M | 29.9M | 59M | -6.9M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
-15.8M | 9.5M | -2.9M | -867K | -28.2M | 21.2M | -59.1M | -27.2M | 12M | 14.6M | 15.6M | -3.1M | 22.5M | 5.2M | 34.1M | 2.4M | 598K | 317K | 786K | -328K | |
24.5M | 15M | 18M | 18.8M | 47M | 25.8M | 84.9M | 112.1M | 96M | 81.4M | 65.8M | 68.8M | 46.4M | 41.2M | 7.1M | 4.7M | 4.1M | 3.8M | 3M | 3.3M | |
8.7M | 24.5M | 15M | 18M | 18.8M | 47M | 25.8M | 84.9M | 108M | 96M | 81.4M | 65.8M | 68.8M | 46.4M | 41.2M | 7.1M | 4.7M | 4.1M | 3.8M | 3M | |
-80M | 40.9M | 15.5M | -21.3M | -15.6M | -30.7M | -33.6M | -59.2M | 24.9M | 63.9M | 69.2M | 36.1M | 21.2M | 47.6M | 65.6M | 64M | 40M | -31.1M | -59.7M | 8.5M |
SEC Filings
MGEE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 22, 2026 | May 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 08, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 05, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 21, 2026 | April 17, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 02, 2026 | March 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 27, 2026 | February 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 24, 2026 | February 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 24, 2026 | February 24, 2026 | 2026 |
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Statements
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