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

MGE Energy Inc. (MGEE) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, MGE Energy Inc. (MGEE) trades at a EV/FCF of −37.2×. Over the past ten years it has ranged from −7,062× (December 2021) to 559× (April 2022); the current reading is higher than 44% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 −47.1× —
FY2024 102× (53.49%)
FY2023 218× —
FY2022 −154× —
FY2021 −230× —
FY2020 −99.1× —
FY2019 −97.4× —
FY2018 −42.4× —
FY2017 95.2× 143.62%
FY2016 39.1× 40.93%

Quarterly newest first

Period EV/FCF Change
Sep 2026 −34.0× —
Jun 2026 −24.1× —
Mar 2026 −28.8× —
Dec 2025 −47.1× —
43 more quarters

Against its own ten years

Low −7,062× High 559×
Ten-year median 26.9×
Current reading's percentile 44

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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