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. In the quarter to June 2026, revenue grew 1.09%, EPS grew 21.9%, free cash flow fell 419.8% and total debt rose 21.0%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.
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MGE Energy Inc. (MGEE) P/E ratio
As of 16 October 2026, MGE Energy Inc. (MGEE) trades at a P/E ratio of 17.8×. Over the past ten years it has ranged from 16.8× (September 2026) to 33.1× (November 2024); the current reading is higher than 1% of that period. That is below the Utilities Regulated Electric industry median of 19.5× and below the Utilities sector median of 20.0×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 21.0× | (25.49%) |
| FY2024 | 28.2× | 26.00% |
| FY2023 | 22.4× | (3.05%) |
| FY2022 | 23.1× | (17.72%) |
| FY2021 | 28.1× | 4.22% |
| FY2020 | 26.9× | (14.57%) |
| FY2019 | 31.5× | 27.77% |
| FY2018 | 24.7× | 11.51% |
| FY2017 | 22.1× | (24.63%) |
| FY2016 | 29.4× | 30.34% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 20.0× | 1.35% |
| Mar 2026 | 19.8× | (5.98%) |
| Dec 2025 | 21.0× | (7.59%) |
| Sep 2025 | 22.8× | (7.13%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| CEPU Central Puerto S.A. Sponsored ADR compare | 4.8× |
| CIG Comp En De Mn Cemig ADS compare | 5.6× |
| HE Hawaiian Electric Industries, Inc. compare | 6.6× |
| ENIC Enel Chile S.A. compare | 10.6× |
| MGEE MGE Energy Inc. | 17.8× |
| POR Portland General Electric Company compare | 19.4× |
| IDA IDACORP, Inc. compare | 22.5× |
| NWE NorthWestern Corporation compare | 26.9× |
| TXNM TXNM Energy, Inc. compare | 32.3× |
| Utilities Regulated Electric industry median | 19.5× |
| Utilities sector median | 20.0× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)