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) Return on equity

Alert me on Return on equity

MGE Energy Inc.'s return on equity over the twelve months to 30 September 2026 was 11.6%, up 0.9 percentage points from fiscal 2025 (10.7%). Over the past ten years it has ranged from 10.1% (fiscal 2020) to 13.0% (fiscal 2017); the current reading is higher than 91% of that period. That is above the Utilities Regulated Electric industry median of 9.94% and above the Utilities sector median of 8.82%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 10.7% 0.55
FY2024 10.2% (0.43)
FY2023 10.6% 0.08
FY2022 10.5% (0.04)
FY2021 10.6% 0.47
FY2020 10.1% (0.30)
FY2019 10.4% (0.17)
FY2018 10.6% (2.43)
FY2017 13.0% 2.31
FY2016 10.7% 0.11

Against its own ten years

Low 10.1% High 13.0%
Ten-year median 10.6%
Current reading's percentile 91

Return on equity against peers

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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