Pricing Log in Create free account
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

78.34 0.75 +0.97%
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) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, MGE Energy Inc. (MGEE) trades at a EV/EBITDA of 13.3×. Over the past ten years it has ranged from 9.5× (August 2015) to 18.8× (November 2024); the current reading is higher than 22% of that period. That is above the Utilities Regulated Electric industry median of 12.4× and above the Utilities sector median of 12.3×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 13.2× (18.81%)
FY2024 16.3× 18.78%
FY2023 13.7× (6.43%)
FY2022 14.7× (20.91%)
FY2021 18.5× 12.11%
FY2020 16.5× (7.79%)
FY2019 17.9× 21.89%
FY2018 14.7× 5.26%
FY2017 14.0× (6.22%)
FY2016 14.9× 30.81%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 12.1× (12.80%)
Jun 2026 13.9× 5.79%
Mar 2026 13.2× (0.46%)
Dec 2025 13.2× (5.73%)
43 more quarters

Against its own ten years

Low 9.5× High 18.8×
Ten-year median 14.8×
Current reading's percentile 22

EV/EBITDA against peers

Company EV/EBITDA
CEPU Central Puerto S.A. Sponsored ADR compare 3.9×
CIG Comp En De Mn Cemig ADS compare 5.6×
HE Hawaiian Electric Industries, Inc. compare 6.1×
POR Portland General Electric Company compare 9.7×
TXNM TXNM Energy, Inc. compare 11.2×
OGE OGE Energy Corporation compare 11.4×
MGEE MGE Energy Inc. 13.3×
NWE NorthWestern Corporation compare 14.8×
IDA IDACORP, Inc. compare 17.0×
Utilities Regulated Electric industry median 12.4×
Utilities sector median 12.3×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on MGEE