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Friday 6 November 2026 Export MGEE’s income statement to Excel — free account

MGE Energy Inc.

MGEE Utilities Utilities Regulated Electric

MGE Energy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $743.7 million, up 9.85% from fiscal 2024.

Revenue
+8.38%
EPS
+22.1%
Free cash flow
+122.2%
Total debt
+4.33%

Quarter to September 2026, against a year earlier

78.90 0.54 +0.69%
Market cap
$3.0B
P/E
18.1×
Fwd P/E
18.7×
Dividend yield
2.47%
F-score
6/9
Altman Z
1.69
Beneish M
−2.54
Dividend safety
52/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

MGE Energy Inc. (MGEE) Current ratio

Alert me on Current ratio

MGE Energy Inc.'s current ratio at the end of the quarter to 30 September 2026 was 1.1×, up 0.3× from fiscal 2025 (0.8×). Over the past ten years it has ranged from 0.8× (fiscal 2025) to 3.0× (fiscal 2015) — the current reading is the lowest in ten years. That is above the Utilities Regulated Electric industry median of 0.9× and above the Utilities sector median of 0.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.8× (57.44%)
FY2024 1.8× 19.42%
FY2023 1.5× 40.11%
FY2022 1.1× (36.06%)
FY2021 1.7× 54.16%
FY2020 1.1× (22.17%)
FY2019 1.4× (29.29%)
FY2018 2.0× (13.19%)
FY2017 2.3× (13.70%)
FY2016 2.7× (12.08%)

Quarterly newest first

Period Current ratio Change
Sep 2026 1.1× (3.70%)
Jun 2026 1.1× (1.41%)
Mar 2026 1.2× 49.64%
Dec 2025 0.8× (15.03%)
43 more quarters

Against its own ten years

Low 0.8× High 3.0×
Ten-year median 1.7×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
CEPU Central Puerto S.A. Sponsored ADR compare 1.3×
IDA IDACORP, Inc. compare 1.2×
POR Portland General Electric Company compare 1.1×
MGEE MGE Energy Inc. 1.1×
HE Hawaiian Electric Industries, Inc. compare 1.0×
CIG Comp En De Mn Cemig ADS compare 0.9×
NWE NorthWestern Corporation compare 0.9×
OGE OGE Energy Corporation compare 0.8×
TXNM TXNM Energy, Inc. compare 0.8×
Utilities Regulated Electric industry median 0.9×
Utilities sector median 0.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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