MGE Energy, Inc.

MGE Energy, Inc.

MGEEยทNASDAQ

$73.86

+0.61%
UtilitiesDiversified Utilities

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 Snapshot
Market Cap$2.79B
EPS3.7200
P/E Ratio19.85
Earnings Date07/30/2026
3Y+4.0%
5Y+38.0%
10Y+37.0%
3Y+22.0%
5Y+47.0%
10Y+80.0%
3Y+71.0%
5Y+53.0%
10Y+78.0%
MGE Energy, Inc.

MGE Energy, Inc. Profit Bridge

MGEE ยท NASDAQ
Revenue743.65M
Cost of Goods Sold (20.00M)
Gross Profit723.65M
Operating Expenses (553.00M)
Operating Income170.65M
Interest Expense (33.80M)
Other Income/Expense-14.00M
Pretax Income156.65M
Income Tax (20.77M)
Net Income135.89M
Net Income
135.89M

Profitability Analysis

Gross Margin

97.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

22.9%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

18.3%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

13.3%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

MGE Energy, Inc. Income Statement

MGEE โ€ข NASDAQ

MGE Energy, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
743.7M
676.9M
690.4M
714.5M
606.6M
538.6M
568.9M
559.8M
563.1M
544.7M
564M
619.9M
590.9M
541.3M
546.4M
532.6M
533.8M
596M
537.6M
507.5M
GROSS PROFIT
(20M)
(398.1M)
(421.4M)
(470.6M)
(393M)
(334.7M)
(366.5M)
(369.7M)
(362M)
(351.8M)
(375.7M)
(421.4M)
(405.5M)
(371.5M)
(214.4M)
(217M)
(245M)
(301M)
(275.1M)
(255.7M)
723.7M
278.8M
269M
243.9M
213.6M
203.9M
202.3M
190M
201.1M
192.9M
188.4M
198.4M
185.4M
169.8M
332M
315.6M
288.8M
295M
262.5M
251.8M
OPERATING INCOME
(553M)
(132.6M)
(122.7M)
(106.2M)
(96.3M)
(93.9M)
(91.4M)
(75.8M)
(72.4M)
(64.7M)
(64.1M)
(60.3M)
(57.4M)
(57.1M)
(224.1M)
(219M)
(204.1M)
(207.2M)
(178.8M)
(172.8M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(10.9M)
(6.2M)
(6.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
170.7M
146.3M
146.4M
137.7M
117.3M
110M
110.9M
114.2M
128.7M
128.2M
124.3M
138.1M
128M
112.8M
107.9M
96.6M
84.7M
87.8M
83.7M
79M
PRE-TAX INCOME
(33.8M)
(32.9M)
(30.4M)
(26.6M)
(24.1M)
(23.5M)
(23.1M)
(19.6M)
(19.3M)
(19.9M)
(20.2M)
(19.7M)
(18.9M)
(19.5M)
(20.2M)
(16.2M)
(13.6M)
(14M)
(13.1M)
(15M)
-33.8M
-32.9M
-30.4M
-26.6M
-24.1M
-23.5M
-23.1M
-19.6M
-19.3M
-19.9M
-20.2M
-19.7M
-18.9M
-19.5M
-20.2M
-16.2M
-13.6M
-14M
-13.1M
-15M
(553M)
(132.6M)
(122.7M)
(106.2M)
(96.3M)
(93.9M)
(91.4M)
(17.1M)
(10.3M)
(9.7M)
(8.6M)
(10.1M)
(10.7M)
(10.1M)
(224.1M)
(219M)
(204.1M)
(207.2M)
(178.8M)
(172.8M)
-14M
-15.1M
-883K
-567K
-7.4M
1.8M
-4.3M
-2.6M
-4.9M
-5.8M
-11.5M
-9.6M
-8.2M
-9.4M
-10.9M
-5.1M
-5.5M
-6M
-7M
-10.7M
156.7M
131.2M
145.5M
137.2M
109.9M
111.8M
106.7M
111.7M
119.7M
118.1M
112.7M
128.5M
119.8M
103.4M
96.9M
91.5M
79.2M
81.8M
76.7M
68.3M
NET INCOME
(20.8M)
(10.6M)
(27.8M)
(26.2M)
(4.1M)
(19.4M)
(19.8M)
(27.4M)
(22.1M)
(42.5M)
(41.4M)
(48.2M)
(44.9M)
(38.9M)
(36M)
(33.8M)
(28.2M)
(29.1M)
(27.9M)
(25.9M)
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

SEC Filings

MGEE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 380 filings