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MGE Energy (MGEE) Financials

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$89.19 -1.61 (-1.77%)
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Annual Income Statements for MGE Energy

Annual Income Statements for MGE Energy

This table shows MGE Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
75 118 68 61 48 65 62 98 76 71
Consolidated Net Income / (Loss)
121 118 111 106 92 87 84 98 76 71
Net Income / (Loss) Continuing Operations
121 118 111 106 92 87 84 98 76 71
Total Pre-Tax Income
131 146 137 110 112 107 112 120 118 113
Total Operating Income
146 146 138 117 110 111 114 125 124 124
Total Gross Profit
255 247 223 194 184 182 171 178 169 168
Total Revenue
677 690 715 607 539 569 560 563 545 564
Operating Revenue
677 690 715 607 539 569 560 563 545 564
Total Cost of Revenue
422 444 491 412 354 386 389 385 376 396
Operating Cost of Revenue
398 421 471 393 335 367 370 366 356 376
Other Cost of Revenue
24 22 21 19 20 20 19 19 20 20
Total Operating Expenses
109 100 86 77 74 72 56 53 45 44
Depreciation Expense
109 100 86 77 74 72 56 53 45 44
Total Other Income / (Expense), net
-15 -0.88 -0.57 -7.42 1.84 -4.25 -2.55 -4.93 -5.81 -12
Interest Expense
33 30 27 24 24 23 20 19 20 20
Other Income / (Expense), net
18 30 26 17 25 19 17 14 14 8.61
Income Tax Expense
11 28 26 4.12 19 20 27 22 43 41
Net Income / (Loss) Attributable to Noncontrolling Interest
46 0.00 43 45 45 22 23 0.00 - -
Basic Earnings per Share
$3.33 $3.25 $3.07 $2.92 $2.60 $2.51 $2.43 $2.82 $2.18 $2.06
Weighted Average Basic Shares Outstanding
36.21M 36.16M 36.16M 36.16M 35.61M 34.67M 34.67M 34.67M 34.67M 34.67M
Diluted Earnings per Share
$3.33 $3.25 $3.07 $2.92 $2.60 $2.51 $2.43 $2.82 $2.18 $2.06
Weighted Average Diluted Shares Outstanding
36.24M 36.19M 36.17M 36.17M 35.61M 34.67M 34.67M 34.67M 34.67M 34.67M
Weighted Average Basic & Diluted Shares Outstanding
53.86M 53.52M 53.51M 0.00 0.00 0.00 34.67M 34.67M 34.67M 34.67M
Cash Dividends to Common per Share
$1.76 $1.67 $1.59 $1.52 $1.45 $1.38 $1.32 $1.26 $1.21 $1.16

Quarterly Income Statements for MGE Energy

This table shows MGE Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
42 -24 41 24 34 20 38 29 31 -12 34
Consolidated Net Income / (Loss)
42 22 41 24 34 20 38 29 31 21 34
Net Income / (Loss) Continuing Operations
42 22 41 24 34 20 38 29 31 21 34
Total Pre-Tax Income
48 25 45 25 37 25 47 36 38 26 42
Total Operating Income
53 28 48 30 41 24 44 38 40 28 42
Total Gross Profit
81 56 75 57 67 50 69 64 65 50 64
Total Revenue
219 171 168 146 191 165 161 148 217 190 163
Operating Revenue
219 171 168 146 191 165 161 148 217 190 163
Total Cost of Revenue
138 116 93 89 124 115 91 84 153 140 99
Operating Cost of Revenue
132 110 87 83 118 110 86 79 147 135 94
Other Cost of Revenue
5.96 5.96 6.10 5.94 5.99 5.38 5.61 5.71 5.61 5.05 5.11
Total Operating Expenses
28 28 27 27 27 25 25 25 25 22 21
Depreciation Expense
28 28 27 27 27 25 25 25 25 22 21
Total Other Income / (Expense), net
-4.98 -2.95 -3.56 -4.47 -4.12 1.18 2.90 -2.82 -2.13 -1.62 -0.58
Interest Expense
7.58 8.21 8.40 8.33 8.00 7.53 7.65 7.76 7.49 6.96 6.65
Other Income / (Expense), net
2.60 5.26 4.84 3.86 3.88 8.71 11 4.94 5.36 5.34 6.07
Income Tax Expense
6.30 2.67 3.64 1.47 2.81 5.26 8.83 6.89 6.82 5.27 8.18
Net Income / (Loss) Attributable to Noncontrolling Interest
5.60 29 5.78 5.77 5.60 -16 5.49 5.38 5.52 27 5.60
Basic Earnings per Share
$1.14 $0.61 $1.13 $0.66 $0.93 $0.55 $1.05 $0.79 $0.86 $0.59 $0.93
Weighted Average Basic Shares Outstanding
36.51M 36.21M 36.18M 36.18M 36.17M 36.16M 36.16M 36.16M 36.16M 36.16M 36.16M
Diluted Earnings per Share
$1.14 $0.61 $1.13 $0.66 $0.93 $0.55 $1.05 $0.79 $0.86 $0.59 $0.93
Weighted Average Diluted Shares Outstanding
36.54M 36.24M 36.21M 36.20M 36.19M 36.19M 36.19M 36.19M 36.18M 36.17M 36.18M
Weighted Average Basic & Diluted Shares Outstanding
53.89M 53.86M 53.56M 53.52M 53.52M 53.52M 53.51M 53.51M 53.51M 53.51M 53.51M
Cash Dividends to Common per Share
$0.45 $0.45 $0.45 $0.43 $0.43 $0.43 $0.43 $0.41 $0.41 $0.41 $0.41

Annual Cash Flow Statements for MGE Energy

This table details how cash moves in and out of MGE Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
-16 -2.94 -0.87 -28 21 -59 -27 4.11 15 16
Net Cash From Operating Activities
278 238 154 138 172 130 153 255 148 141
Net Cash From Continuing Operating Activities
280 238 154 138 172 130 153 255 148 141
Net Income / (Loss) Continuing Operations
121 118 111 106 92 87 84 191 76 71
Consolidated Net Income / (Loss)
121 118 111 106 92 87 84 191 76 71
Depreciation Expense
109 100 86 77 74 72 56 106 45 44
Non-Cash Adjustments To Reconcile Net Income
-0.27 -14 -17 -8.91 -13 -10 -8.90 -21 -13 -10
Changes in Operating Assets and Liabilities, net
51 34 -25 -36 18 -18 21 -20 41 36
Net Cash From Investing Activities
-241 -230 -180 -157 -210 -172 -218 -223 -87 -73
Net Cash From Continuing Investing Activities
-241 -230 -180 -157 -210 -172 -218 -223 -87 -73
Purchase of Property, Plant & Equipment
-237 -222 -175 -153 -203 -164 -212 -216 -84 -72
Purchase of Investments
-4.79 -7.00 -5.19 -4.03 -5.60 -7.81 -5.93 -11 -2.96 -1.05
Sale of Property, Plant & Equipment
0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.54 0.00 0.00
Other Investing Activities, net
0.23 -0.95 0.07 0.22 -1.67 -0.51 -0.21 -0.04 -0.20 -0.23
Net Cash From Financing Activities
-27 -10 26 -8.76 59 -17 38 -29 -46 -52
Net Cash From Continuing Financing Activities
-53 -10 26 -8.76 59 -17 38 -29 -46 -52
Repayment of Debt
-45 -57 -6.96 -6.97 -41 -6.39 -25 -70 -4.34 -12
Payment of Dividends
-120 -60 -58 -55 -52 -48 -46 -107 -42 -40
Issuance of Debt
50 107 90 53 72 37 109 148 - -
Issuance of Common Equity
32 0.00 0.00 0.00 80 0.00 0.00 0.00 - -
Other Financing Activities, net
31 - - - - - 0.00 0.00 - -

Quarterly Cash Flow Statements for MGE Energy

This table details how cash moves in and out of MGE Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
12 27 -48 -0.59 5.10 -1.18 -5.05 1.63 1.66 4.73 -11
Net Cash From Operating Activities
78 68 79 65 66 44 67 71 56 9.45 33
Net Cash From Continuing Operating Activities
78 70 79 65 66 44 67 71 56 9.45 33
Net Income / (Loss) Continuing Operations
42 22 41 24 34 20 38 29 31 21 34
Consolidated Net Income / (Loss)
42 22 41 24 34 20 38 29 31 21 34
Depreciation Expense
28 28 27 27 27 25 25 25 25 22 21
Non-Cash Adjustments To Reconcile Net Income
0.04 -1.02 0.02 -0.02 0.75 -3.22 -5.31 -2.00 -3.76 -3.93 -4.69
Changes in Operating Assets and Liabilities, net
8.55 22 11 14 4.65 1.28 9.26 19 4.08 -29 -17
Net Cash From Investing Activities
-51 -74 -54 -67 -46 -74 -45 -62 -50 -43 -68
Net Cash From Continuing Investing Activities
-51 -74 -54 -67 -46 -74 -45 -62 -50 -43 -68
Purchase of Property, Plant & Equipment
-48 -73 -52 -67 -45 -72 -43 -60 -48 -42 -67
Purchase of Investments
-2.54 -0.44 -1.19 -1.78 -1.38 -1.01 -2.61 -1.85 -1.53 -1.25 -0.61
Other Investing Activities, net
-0.40 -0.57 -0.47 1.55 -0.27 -0.75 0.48 -0.20 -0.48 -0.06 -0.10
Net Cash From Financing Activities
-15 12 -26 1.87 -14 29 -27 -7.17 -4.77 38 24
Net Cash From Continuing Financing Activities
-15 33 -73 1.87 -14 29 -27 -7.17 -4.77 38 24
Repayment of Debt
-1.96 -51 9.06 -1.46 -1.83 -1.71 -32 -1.43 -22 -2.56 -1.36
Payment of Dividends
-16 -26 -63 -15 -15 -15 -15 -15 -15 -15 -15
Issuance of Debt
0.00 50 -22 19 3.00 46 20 9.00 32 56 40
Issuance of Common Equity
3.28 29 2.59 - 0.00 - - - 0.00 - -

Annual Balance Sheets for MGE Energy

This table presents MGE Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
2,828 2,675 2,518 2,372 2,254 2,082 1,989 1,855 1,801 1,726
Total Current Assets
227 238 243 199 210 182 241 291 276 255
Cash & Equivalents
21 11 12 17 45 23 83 108 96 81
Accounts Receivable
97 96 110 97 76 75 78 83 78 70
Inventories, net
68 73 74 52 47 45 42 44 41 48
Current Deferred & Refundable Income Taxes
18 22 19 20 15 17 16 27 27 35
Other Current Assets
23 37 29 13 26 22 21 29 34 20
Plant, Property, & Equipment, net
2,287 2,128 1,971 1,879 1,769 1,643 1,509 1,341 1,282 1,243
Plant, Property & Equipment, gross
2,287 2,128 1,971 1,879 1,769 1,643 1,509 1,341 1,282 1,243
Total Noncurrent Assets
313 309 303 294 275 260 239 223 243 228
Noncurrent Note & Lease Receivables
0.00 0.00 0.00 1.16 1.44 1.81 2.71 4.79 5.60 5.05
Employee Benefit Assets
132 94 69 59 14 14 0.00 7.34 2.02 0.00
Other Noncurrent Operating Assets
181 215 234 234 259 245 236 211 236 223
Total Liabilities & Shareholders' Equity
2,828 2,675 2,518 2,372 2,254 2,082 1,989 1,855 1,801 1,726
Total Liabilities
1,529 1,481 1,386 1,344 1,278 1,226 1,172 1,077 1,077 1,036
Total Current Liabilities
126 157 225 118 191 129 121 127 104 84
Short-Term Debt
5.29 43 125 10 57 20 18 28 4.33 4.27
Accounts Payable
77 65 59 64 55 55 46 48 48 41
Current Employee Benefit Liabilities
16 16 13 13 13 13 13 12 12 11
Other Taxes Payable
12 9.37 7.87 10 8.54 7.24 7.38 5.60 5.50 5.07
Other Current Liabilities
15 23 20 20 58 34 36 33 34 23
Total Noncurrent Liabilities
1,403 1,324 1,161 1,227 1,087 1,097 1,051 950 973 952
Long-Term Debt
764 719 585 614 519 524 493 398 383 387
Asset Retirement Reserve & Litigation Obligation
163 162 157 154 142 165 166 154 22 21
Noncurrent Deferred & Payable Income Tax Liabilities
361 326 301 276 253 244 233 226 385 362
Noncurrent Employee Benefit Liabilities
50 55 54 73 78 69 67 69 74 76
Other Noncurrent Operating Liabilities
65 62 64 109 94 96 92 103 109 107
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,230 1,140 1,082 1,027 976 778 817 1,060 724 690
Total Preferred & Common Equity
1,230 1,140 1,082 1,027 976 856 817 778 724 690
Total Common Equity
1,230 1,140 1,082 1,027 976 856 817 778 724 690
Common Stock
466 433 432 431 431 351 351 351 351 351
Retained Earnings
764 707 650 596 545 505 466 427 373 339

Quarterly Balance Sheets for MGE Energy

This table presents MGE Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
2,841 2,749 2,725 2,674 2,591 2,560 2,522 2,466
Total Current Assets
222 210 222 222 216 223 223 200
Cash & Equivalents
35 15 16 17 11 17 15 11
Accounts Receivable
91 85 87 88 86 83 96 81
Inventories, net
62 69 71 70 72 72 69 75
Current Deferred & Refundable Income Taxes
14 14 18 14 14 20 13 13
Other Current Assets
21 27 30 33 33 31 31 19
Plant, Property, & Equipment, net
2,298 2,233 2,201 2,140 2,071 2,036 1,997 1,955
Plant, Property & Equipment, gross
2,298 2,233 2,201 2,140 2,071 2,036 - 1,955
Total Noncurrent Assets
321 306 301 312 304 301 302 311
Noncurrent Note & Lease Receivables
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.57
Employee Benefit Assets
135 102 99 97 74 72 71 71
Other Noncurrent Operating Assets
186 205 202 216 229 229 231 240
Total Liabilities & Shareholders' Equity
2,841 2,749 2,725 2,674 2,591 2,560 2,522 2,466
Total Liabilities
1,510 1,482 1,485 1,460 1,455 1,447 1,424 1,390
Total Current Liabilities
108 150 168 140 123 159 146 195
Short-Term Debt
5.32 54 65 46 27 77 68 94
Accounts Payable
48 46 50 42 54 39 39 60
Accrued Expenses
16 10 10 7.60 7.37 8.75 6.48 7.82
Current Employee Benefit Liabilities
13 15 13 12 13 10 9.89 10
Other Current Liabilities
25 25 30 32 22 25 23 22
Total Noncurrent Liabilities
1,403 1,332 1,317 1,320 1,332 1,288 1,278 1,196
Long-Term Debt
762 715 716 718 690 652 653 562
Asset Retirement Reserve & Litigation Obligation
162 152 150 157 155 154 153 155
Noncurrent Deferred & Payable Income Tax Liabilities
365 345 333 330 319 315 307 295
Noncurrent Employee Benefit Liabilities
50 56 56 55 55 54 54 72
Other Noncurrent Operating Liabilities
64 64 62 60 114 114 110 112
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,259 1,195 1,168 1,159 1,135 1,113 0.00 1,075
Total Preferred & Common Equity
1,259 1,195 1,168 1,159 1,135 1,113 0.00 1,075
Total Common Equity
1,259 1,195 1,168 1,159 1,135 1,113 0.00 1,075
Common Stock
1,259 1,195 1,168 1,159 1,135 1,113 - 1,075

Annual Metrics And Ratios for MGE Energy

This table displays calculated financial ratios and metrics derived from MGE Energy's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
-1.95% -3.37% 17.79% 12.62% -5.31% 1.62% -0.59% 3.37% -3.42% -9.01%
EBITDA Growth
-1.31% 10.79% 18.20% 0.68% 4.11% 7.25% -23.45% 34.28% 3.10% -6.24%
EBIT Growth
-6.73% 7.39% 22.27% -1.02% 4.35% -1.17% -5.58% 0.79% 3.82% -10.33%
NOPAT Growth
13.54% 6.29% -1.32% 24.21% 0.62% 4.87% -15.23% 28.19% 0.79% -8.88%
Net Income Growth
2.44% 6.08% 4.91% 14.44% 6.38% 3.15% -13.72% 29.18% 5.91% -11.18%
EPS Growth
2.46% 5.86% 5.14% 12.31% 3.59% 3.29% -13.83% 29.36% 5.83% -11.21%
Operating Cash Flow Growth
16.93% 54.53% 11.79% -20.25% 32.17% -14.74% -40.10% 72.79% 4.73% 9.65%
Free Cash Flow Firm Growth
845.42% 104.12% -507.14% 63.60% 13.25% 28.39% -406.81% -68.76% -18.49% 104.59%
Invested Capital Growth
5.22% 6.28% 11.98% 8.41% 9.36% 10.79% 13.46% 8.04% 1.52% 0.00%
Revenue Q/Q Growth
1.01% -3.52% 4.04% 4.40% -0.82% 0.15% -0.03% 0.24% 1.48% -2.55%
EBITDA Q/Q Growth
0.96% 1.17% 6.15% -1.56% -20.79% 27.80% -33.40% 29.52% 1.87% -2.50%
EBIT Q/Q Growth
0.02% -0.23% 9.12% -3.84% -0.49% -1.11% -0.37% 0.44% 2.43% -3.79%
NOPAT Q/Q Growth
4.62% -2.66% 5.54% 1.62% -3.17% 0.53% -19.33% 33.75% -0.57% -6.49%
Net Income Q/Q Growth
1.63% -0.82% 7.76% -2.52% -0.93% 0.35% -19.01% 28.47% 4.52% -5.25%
EPS Q/Q Growth
1.83% -1.22% 8.48% -2.99% -1.89% 0.80% -19.00% 28.18% 4.31% -5.07%
Operating Cash Flow Q/Q Growth
9.64% 16.74% 2,937.64% -24.15% -39.84% 1,596.79% -64.64% 122.52% 0.10% 8.23%
Free Cash Flow Firm Q/Q Growth
163.12% 263.61% -143.66% -63.42% -39.48% 95.03% -262.47% -95.91% 119.55% -16.15%
Invested Capital Q/Q Growth
1.25% 5.66% 6.39% 3.44% 3.23% 2.94% 240.88% 270.43% 43.06% 231.09%
Profitability Metrics
- - - - - - - - - -
Gross Margin
37.65% 35.74% 31.25% 32.03% 34.19% 32.08% 30.48% 31.56% 30.94% 29.87%
EBITDA Margin
40.28% 40.02% 34.90% 34.78% 38.90% 35.38% 33.53% 43.54% 33.52% 31.40%
Operating Margin
21.61% 21.20% 19.28% 19.34% 20.42% 19.50% 20.40% 22.13% 22.74% 22.03%
EBIT Margin
24.24% 25.48% 22.93% 22.09% 25.13% 22.80% 23.45% 24.69% 25.32% 23.56%
Profit (Net Income) Margin
17.81% 17.05% 15.53% 17.44% 17.16% 15.27% 15.05% 17.33% 13.87% 12.65%
Tax Burden Percent
91.92% 80.89% 80.88% 96.25% 82.63% 81.45% 75.43% 81.54% 63.99% 63.30%
Interest Burden Percent
79.93% 82.70% 83.73% 82.00% 82.62% 82.22% 85.06% 86.10% 85.60% 84.83%
Effective Tax Rate
8.08% 19.11% 19.12% 3.75% 17.37% 18.55% 24.57% 18.46% 36.01% 36.70%
Return on Invested Capital (ROIC)
6.74% 6.27% 6.43% 7.19% 6.30% 6.89% 7.36% 9.62% 7.87% 7.86%
ROIC Less NNEP Spread (ROIC-NNEP)
5.02% 6.18% 6.36% 5.93% 6.57% 6.21% 6.53% 7.17% 6.63% 5.62%
Return on Net Nonoperating Assets (RNNOA)
3.44% 4.32% 4.09% 3.37% 4.24% 4.01% 1.62% 1.32% 2.82% 2.71%
Return on Equity (ROE)
10.17% 10.60% 10.52% 10.56% 10.54% 10.90% 8.98% 10.94% 10.68% 10.57%
Cash Return on Invested Capital (CROIC)
1.64% 0.18% -4.87% -0.88% -2.64% -3.35% -5.25% 1.90% 6.36% 7.86%
Operating Return on Assets (OROA)
5.96% 6.78% 6.70% 5.79% 6.24% 6.37% 6.83% 7.60% 7.82% 7.77%
Return on Assets (ROA)
4.38% 4.53% 4.54% 4.57% 4.26% 4.27% 4.38% 5.34% 4.28% 4.17%
Return on Common Equity (ROCE)
10.17% 10.60% 10.52% 10.56% 11.01% 11.43% 7.63% 9.21% 10.68% 10.57%
Return on Equity Simple (ROE_SIMPLE)
9.80% 10.32% 10.26% 10.29% 9.47% 10.15% 10.31% 12.54% 10.44% 10.33%
Net Operating Profit after Tax (NOPAT)
134 118 111 113 91 90 86 102 79 79
NOPAT Margin
19.86% 17.15% 15.59% 18.61% 16.88% 15.88% 15.39% 18.05% 14.55% 13.95%
Net Nonoperating Expense Percent (NNEP)
1.71% 0.09% 0.07% 1.25% -0.27% 0.67% 0.83% 2.45% 1.24% 2.25%
Return On Investment Capital (ROIC_SIMPLE)
6.73% 6.23% 6.22% - - - - - - -
Cost of Revenue to Revenue
62.35% 64.26% 68.75% 67.97% 65.81% 67.92% 69.52% 68.44% 69.06% 70.13%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
16.04% 14.53% 11.97% 12.69% 13.77% 12.58% 10.08% 9.43% 8.20% 7.84%
Earnings before Interest and Taxes (EBIT)
164 176 164 134 135 130 131 139 138 133
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
273 276 249 211 210 201 188 245 183 177
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
4.09 3.32 3.33 4.05 3.55 4.35 3.40 3.67 4.00 2.92
Price to Tangible Book Value (P/TBV)
4.09 3.32 3.33 4.05 3.55 4.35 3.40 3.67 4.00 2.92
Price to Revenue (P/Rev)
7.43 5.48 5.04 6.86 6.44 6.54 4.96 5.07 5.32 3.57
Price to Earnings (P/E)
67.22 32.17 53.13 68.22 72.84 57.62 44.98 29.27 38.38 28.25
Dividend Yield
1.87% 2.36% 2.36% 1.95% 2.23% 1.93% 2.48% 2.29% 2.16% 2.98%
Earnings Yield
1.49% 3.11% 1.88% 1.47% 1.37% 1.74% 2.22% 3.42% 2.61% 3.54%
Enterprise Value to Invested Capital (EV/IC)
2.82 2.33 2.35 2.92 2.65 3.18 2.57 2.90 3.14 2.33
Enterprise Value to Revenue (EV/Rev)
8.54 6.57 6.02 7.86 7.43 7.70 5.72 5.64 5.86 4.12
Enterprise Value to EBITDA (EV/EBITDA)
21.20 16.42 17.25 22.60 19.10 21.75 17.06 12.95 17.48 13.13
Enterprise Value to EBIT (EV/EBIT)
35.22 25.79 26.25 35.58 29.56 33.75 24.39 22.84 23.13 17.50
Enterprise Value to NOPAT (EV/NOPAT)
42.99 38.32 38.60 42.22 44.02 48.47 37.17 31.25 40.25 29.56
Enterprise Value to Operating Cash Flow (EV/OCF)
20.81 19.10 27.98 34.66 23.20 33.56 20.92 12.43 21.58 16.47
Enterprise Value to Free Cash Flow (EV/FCFF)
176.06 1,306.64 0.00 0.00 0.00 0.00 0.00 158.56 49.77 29.56
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.63 0.67 0.66 0.61 0.59 0.70 0.63 0.40 0.53 0.57
Long-Term Debt to Equity
0.62 0.63 0.54 0.60 0.53 0.67 0.60 0.38 0.53 0.56
Financial Leverage
0.68 0.70 0.64 0.57 0.65 0.65 0.25 0.18 0.42 0.48
Leverage Ratio
2.32 2.34 2.32 2.31 2.47 2.55 2.05 2.05 2.49 2.53
Compound Leverage Factor
1.86 1.93 1.94 1.89 2.04 2.10 1.74 1.76 2.13 2.15
Debt to Total Capital
38.47% 40.06% 39.63% 37.81% 37.14% 41.14% 38.48% 28.70% 34.84% 36.16%
Short-Term Debt to Total Capital
0.26% 2.27% 6.97% 0.63% 3.69% 1.49% 1.32% 1.91% 0.39% 0.39%
Long-Term Debt to Total Capital
38.20% 37.79% 32.66% 37.18% 33.45% 39.65% 37.16% 26.78% 34.45% 35.76%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 10.62% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
61.53% 59.94% 60.37% 62.19% 62.86% 64.78% 61.52% 52.35% 65.16% 63.84%
Debt to EBITDA
2.82 2.76 2.85 2.96 2.75 2.70 2.72 1.74 2.12 2.21
Net Debt to EBITDA
2.74 2.72 2.80 2.88 2.54 2.58 2.28 1.30 1.59 1.75
Long-Term Debt to EBITDA
2.80 2.60 2.35 2.91 2.48 2.60 2.63 1.62 2.10 2.18
Debt to NOPAT
5.72 6.43 6.37 5.53 6.34 6.02 5.93 4.20 4.88 4.97
Net Debt to NOPAT
5.56 6.34 6.27 5.38 5.85 5.76 4.97 3.14 3.67 3.94
Long-Term Debt to NOPAT
5.68 6.07 5.25 5.44 5.71 5.80 5.73 3.92 4.83 4.92
Altman Z-Score
2.83 2.42 2.43 2.69 2.42 2.67 2.32 2.57 2.58 2.14
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% -4.45% -4.90% 15.02% 15.80% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.81 1.52 1.08 1.69 1.10 1.41 1.99 2.30 2.66 3.03
Quick Ratio
0.94 0.68 0.54 0.97 0.63 0.76 1.34 1.51 1.68 1.79
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
33 3.47 -84 -14 -38 -44 -61 20 64 79
Operating Cash Flow to CapEx
117.25% 106.98% 87.83% 89.79% 84.89% 79.54% 72.12% 120.67% 176.75% 196.01%
Free Cash Flow to Firm to Interest Expense
1.00 0.11 -3.17 -0.58 -1.62 -1.91 -3.13 1.04 3.23 3.90
Operating Cash Flow to Interest Expense
8.44 7.81 5.77 5.70 7.33 5.66 7.80 13.22 7.44 7.00
Operating Cash Flow Less CapEx to Interest Expense
1.24 0.51 -0.80 -0.65 -1.31 -1.46 -3.02 2.27 3.23 3.43
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.25 0.27 0.29 0.26 0.25 0.28 0.29 0.31 0.31 0.33
Accounts Receivable Turnover
7.03 6.72 6.90 7.00 7.13 7.44 6.94 6.98 7.37 7.52
Inventory Turnover
6.02 6.04 7.78 8.31 7.66 8.85 9.07 9.08 8.40 8.36
Fixed Asset Turnover
0.31 0.34 0.37 0.33 0.32 0.36 0.39 0.43 0.43 0.46
Accounts Payable Turnover
5.91 7.11 7.96 6.94 6.46 7.63 8.30 8.08 8.49 9.59
Days Sales Outstanding (DSO)
51.95 54.30 52.88 52.14 51.18 49.07 52.57 52.31 49.54 48.56
Days Inventory Outstanding (DIO)
60.66 60.43 46.90 43.92 47.65 41.22 40.23 40.22 43.44 43.68
Days Payable Outstanding (DPO)
61.79 51.33 45.88 52.58 56.54 47.86 43.99 45.20 42.99 38.06
Cash Conversion Cycle (CCC)
50.82 63.41 53.90 43.48 42.29 42.44 48.81 47.33 49.98 54.18
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,047 1,945 1,830 1,635 1,508 1,379 1,244 1,097 1,015 1,000
Invested Capital Turnover
0.34 0.37 0.41 0.39 0.37 0.43 0.48 0.53 0.54 0.56
Increase / (Decrease) in Invested Capital
102 115 196 127 129 134 148 82 15 0.00
Enterprise Value (EV)
5,780 4,537 4,301 4,767 4,001 4,378 3,202 3,175 3,191 2,325
Market Capitalization
5,032 3,786 3,602 4,160 3,470 3,718 2,774 2,857 2,900 2,016
Book Value per Share
$22.97 $21.31 $20.21 $19.20 $18.24 $16.45 $15.70 $14.96 $13.92 $13.27
Tangible Book Value per Share
$22.97 $21.31 $20.21 $19.20 $18.24 $16.45 $15.70 $14.96 $13.92 $13.27
Total Capital
1,999 1,902 1,792 1,652 1,553 1,321 1,328 1,487 1,111 1,081
Total Debt
769 762 710 625 577 543 511 427 387 391
Total Long-Term Debt
764 719 585 614 519 524 493 398 383 387
Net Debt
748 751 698 607 532 520 428 319 291 310
Capital Expenditures (CapEx)
237 222 175 153 203 164 212 212 84 72
Debt-free, Cash-free Net Working Capital (DFCFNWC)
86 113 132 74 31 49 54 85 80 93
Debt-free Net Working Capital (DFNWC)
107 124 143 92 76 72 137 193 176 175
Net Working Capital (NWC)
102 81 18 82 19 53 120 164 172 171
Net Nonoperating Expense (NNE)
14 0.71 0.46 7.14 -1.52 3.46 1.93 4.02 3.72 7.31
Net Nonoperating Obligations (NNO)
817 805 749 607 532 601 428 37 291 310
Total Depreciation and Amortization (D&A)
109 100 86 77 74 72 56 106 45 44
Debt-free, Cash-free Net Working Capital to Revenue
12.66% 16.37% 18.42% 12.28% 5.78% 8.61% 9.72% 15.03% 14.76% 16.57%
Debt-free Net Working Capital to Revenue
15.80% 17.99% 20.05% 15.15% 14.08% 12.74% 24.56% 34.20% 32.37% 31.00%
Net Working Capital to Revenue
15.02% 11.74% 2.58% 13.44% 3.45% 9.29% 21.43% 29.15% 31.58% 30.25%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$3.33 $3.25 $3.07 $2.92 $2.60 $2.51 $2.43 $2.82 $2.18 $2.06
Adjusted Weighted Average Basic Shares Outstanding
36.21M 36.16M 36.16M 36.16M 53.51M 52.02M 52.02M 52.02M 52.02M 52.02M
Adjusted Diluted Earnings per Share
$3.33 $3.25 $3.07 $2.92 $2.60 $2.51 $2.43 $2.82 $2.18 $2.06
Adjusted Weighted Average Diluted Shares Outstanding
36.24M 36.19M 36.17M 36.17M 53.51M 52.02M 52.02M 52.02M 52.02M 52.02M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $2.60 $2.51 $2.43 $2.82 $2.18 $2.06
Adjusted Weighted Average Basic & Diluted Shares Outstanding
53.86M 53.52M 53.51M 0.00 35.61M 34.67M 34.67M 34.67M 34.67M 34.67M
Normalized Net Operating Profit after Tax (NOPAT)
134 118 111 113 91 90 86 102 79 79
Normalized NOPAT Margin
19.86% 17.15% 15.59% 18.61% 16.88% 15.88% 15.39% 18.05% 14.55% 13.95%
Pre Tax Income Margin
19.38% 21.07% 19.20% 18.11% 20.76% 18.75% 19.95% 21.26% 21.67% 19.98%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
4.98 5.78 6.15 5.56 5.75 5.62 6.69 7.19 6.94 6.59
NOPAT to Interest Expense
4.08 3.89 4.18 4.68 3.86 3.92 4.39 5.26 3.99 3.90
EBIT Less CapEx to Interest Expense
-2.21 -1.52 -0.42 -0.80 -2.88 -1.49 -4.13 -3.76 2.73 3.02
NOPAT Less CapEx to Interest Expense
-3.11 -3.41 -2.39 -1.67 -4.77 -3.20 -6.43 -5.70 -0.22 0.33
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
99.61% 51.31% 51.82% 51.80% 55.97% 55.07% 54.34% 109.30% 55.29% 56.13%
Augmented Payout Ratio
99.61% 51.31% 51.82% 51.80% 55.97% 55.07% 54.34% 109.30% 55.29% 56.13%

Quarterly Metrics And Ratios for MGE Energy

This table displays calculated financial ratios and metrics derived from MGE Energy's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
14.44% 4.11% 4.95% -1.54% -11.93% -13.26% -1.76% -2.86% 3.98% 17.13% 12.02%
EBITDA Growth
16.74% 4.44% 0.63% -11.58% 1.75% 5.83% 13.69% 25.73% 0.17% 35.57% 11.55%
EBIT Growth
24.30% 0.08% -2.51% -22.47% -1.68% -1.22% 11.92% 30.68% -7.06% 69.87% 10.95%
NOPAT Growth
22.05% 28.72% 24.49% -9.54% 14.61% -14.29% 3.86% 49.15% -3.72% 29.63% -1.86%
Net Income Growth
23.00% 9.65% 8.14% -17.04% 8.80% -4.60% 12.27% 31.80% -9.71% 61.19% -3.43%
EPS Growth
22.58% 10.91% 7.62% -16.46% 8.14% -6.78% 12.90% 31.67% -9.47% 68.57% -4.12%
Operating Cash Flow Growth
18.30% 56.12% 18.43% -8.97% 17.52% 360.41% 103.14% 44.35% -9.82% 106.79% -83.35%
Free Cash Flow Firm Growth
53.03% 19.65% -60.02% -5.63% 9.52% 44.76% 19.63% 86.59% 87.66% -58.29% -25.04%
Invested Capital Growth
5.20% 5.22% 9.80% 9.85% 8.70% 6.28% 7.02% 10.58% 10.04% 11.98% 8.87%
Revenue Q/Q Growth
27.74% 1.74% 15.62% -23.84% 16.21% 2.57% 8.47% -31.88% 14.44% 16.18% 7.25%
EBITDA Q/Q Growth
36.66% -24.02% 32.32% -15.03% 22.27% -26.80% 16.27% -2.22% 27.16% -21.36% 28.58%
EBIT Q/Q Growth
68.60% -37.90% 57.72% -24.73% 35.75% -39.50% 25.42% -4.54% 36.39% -31.46% 46.45%
NOPAT Q/Q Growth
86.26% -44.24% 57.86% -25.57% 96.45% -46.07% 14.70% -5.69% 46.91% -34.65% 64.73%
Net Income Q/Q Growth
88.87% -46.21% 72.06% -29.63% 68.37% -46.95% 31.99% -7.71% 47.63% -37.57% 54.96%
EPS Q/Q Growth
86.89% -46.02% 71.21% -29.03% 69.09% -47.62% 32.91% -8.14% 45.76% -36.56% 55.00%
Operating Cash Flow Q/Q Growth
14.59% -14.43% 22.88% -1.82% 51.22% -35.09% -5.55% 26.76% 492.44% -71.36% -32.88%
Free Cash Flow Firm Q/Q Growth
27.18% 43.53% 10.18% -27.17% -24.56% -12.45% 40.71% -8.93% 23.95% -63.62% 90.11%
Invested Capital Q/Q Growth
0.80% 1.25% 0.85% 2.20% 0.83% 5.66% 0.89% 1.12% -1.41% 6.39% 4.26%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
36.78% 32.43% 44.66% 38.89% 35.20% 30.09% 43.00% 42.91% 29.76% 26.18% 39.13%
EBITDA Margin
37.97% 35.50% 47.53% 41.54% 37.23% 35.38% 49.58% 46.25% 32.22% 29.00% 42.84%
Operating Margin
24.14% 16.13% 28.57% 20.41% 21.30% 14.68% 27.28% 25.94% 18.43% 14.72% 26.00%
EBIT Margin
25.33% 19.19% 31.45% 23.05% 23.32% 19.97% 33.85% 29.28% 20.89% 17.53% 29.72%
Profit (Net Income) Margin
18.99% 12.85% 24.30% 16.33% 17.67% 12.20% 23.58% 19.38% 14.31% 11.09% 20.64%
Tax Burden Percent
86.85% 89.18% 91.83% 94.17% 92.33% 79.24% 81.09% 80.64% 82.00% 79.99% 80.47%
Interest Burden Percent
86.33% 75.06% 84.15% 75.22% 82.06% 77.10% 85.91% 82.09% 83.50% 79.08% 86.30%
Effective Tax Rate
13.15% 10.82% 8.17% 5.83% 7.67% 20.76% 18.91% 19.36% 18.00% 20.01% 19.53%
Return on Invested Capital (ROIC)
7.34% 4.88% 9.10% 6.65% 6.94% 4.25% 8.89% 8.65% 6.34% 4.85% 8.71%
ROIC Less NNEP Spread (ROIC-NNEP)
6.80% 4.55% 8.68% 6.10% 6.65% 4.37% 9.24% 8.30% 6.20% 4.66% 8.63%
Return on Net Nonoperating Assets (RNNOA)
4.52% 3.12% 5.71% 4.15% 14.96% 3.06% 5.65% 5.00% 14.16% 3.00% 5.45%
Return on Equity (ROE)
11.86% 7.99% 14.81% 10.79% 21.89% 7.31% 14.54% 13.65% 20.51% 7.85% 14.15%
Cash Return on Invested Capital (CROIC)
2.03% 1.64% -2.69% -3.15% -1.81% 0.18% 0.05% -3.13% -3.17% -4.87% -2.10%
Operating Return on Assets (OROA)
6.47% 4.72% 7.89% 5.78% 5.97% 5.31% 9.58% 8.42% 6.16% 5.12% 8.44%
Return on Assets (ROA)
4.85% 3.16% 6.10% 4.09% 4.52% 3.24% 6.68% 5.57% 4.22% 3.24% 5.86%
Return on Common Equity (ROCE)
11.86% 7.99% 14.81% 10.79% 21.89% 7.31% 14.54% 13.65% 20.51% 7.85% 7.52%
Return on Equity Simple (ROE_SIMPLE)
10.20% 0.00% 9.93% 9.90% 10.39% 0.00% 10.45% 10.29% 0.00% 0.00% 9.58%
Net Operating Profit after Tax (NOPAT)
46 25 44 28 38 19 36 31 33 22 34
NOPAT Margin
20.97% 14.38% 26.24% 19.22% 19.66% 11.63% 22.12% 20.92% 15.11% 11.77% 20.92%
Net Nonoperating Expense Percent (NNEP)
0.54% 0.32% 0.43% 0.54% 0.29% -0.12% -0.35% 0.35% 0.15% 0.19% 0.07%
Return On Investment Capital (ROIC_SIMPLE)
2.27% 1.23% - - - 1.01% - - - 1.25% -
Cost of Revenue to Revenue
63.22% 67.57% 55.34% 61.11% 64.80% 69.91% 57.00% 57.09% 70.24% 73.82% 60.87%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
12.64% 16.30% 16.09% 18.48% 13.90% 15.41% 15.72% 16.97% 11.33% 11.47% 13.13%
Earnings before Interest and Taxes (EBIT)
55 33 53 34 45 33 54 43 45 33 49
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
83 61 80 61 71 58 80 68 70 55 70
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
3.98 4.09 4.10 3.43 3.62 3.32 3.16 3.72 0.00 3.33 3.14
Price to Tangible Book Value (P/TBV)
3.98 4.09 4.10 3.43 3.62 3.32 3.16 3.72 0.00 3.33 3.14
Price to Revenue (P/Rev)
7.11 7.43 7.30 6.04 6.30 5.48 5.01 5.75 5.58 5.04 4.91
Price to Earnings (P/E)
60.58 67.22 65.36 55.69 54.62 32.17 41.72 50.58 58.30 53.13 63.20
Dividend Yield
1.91% 1.87% 1.89% 2.29% 2.16% 2.36% 2.47% 2.11% 2.13% 2.36% 2.49%
Earnings Yield
1.65% 1.49% 1.53% 1.80% 1.83% 3.11% 2.40% 1.98% 1.72% 1.88% 1.58%
Enterprise Value to Invested Capital (EV/IC)
2.78 2.82 2.79 2.38 2.52 2.33 2.33 2.66 2.63 2.35 2.33
Enterprise Value to Revenue (EV/Rev)
8.15 8.54 8.43 7.19 7.43 6.57 5.99 6.74 6.56 6.02 5.85
Enterprise Value to EBITDA (EV/EBITDA)
20.17 21.20 20.92 17.67 17.79 16.42 15.70 18.39 19.01 17.25 17.09
Enterprise Value to EBIT (EV/EBIT)
32.81 35.22 34.43 28.80 28.18 25.79 24.32 28.41 29.57 26.25 26.75
Enterprise Value to NOPAT (EV/NOPAT)
40.21 42.99 43.96 39.89 40.19 38.32 35.25 40.28 43.06 38.60 38.04
Enterprise Value to Operating Cash Flow (EV/OCF)
19.80 20.81 22.30 19.77 19.96 19.10 21.07 28.60 32.12 27.98 793.51
Enterprise Value to Free Cash Flow (EV/FCFF)
140.79 176.06 0.00 0.00 0.00 1,306.64 4,490.01 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.61 0.63 0.64 0.67 0.66 0.67 0.63 0.66 0.00 0.66 0.61
Long-Term Debt to Equity
0.61 0.62 0.60 0.61 0.62 0.63 0.61 0.59 0.00 0.54 0.52
Financial Leverage
0.66 0.68 0.66 0.68 2.25 0.70 0.61 0.60 2.29 0.64 0.63
Leverage Ratio
2.28 2.32 2.29 2.32 4.48 2.34 2.29 2.30 4.67 2.32 2.39
Compound Leverage Factor
1.97 1.74 1.93 1.74 3.68 1.80 1.97 1.89 3.90 1.83 2.06
Debt to Total Capital
37.88% 38.47% 39.15% 40.09% 39.73% 40.06% 38.71% 39.58% 100.00% 39.63% 37.89%
Short-Term Debt to Total Capital
0.26% 0.26% 2.74% 3.34% 2.40% 2.27% 1.46% 4.19% 9.44% 6.97% 5.45%
Long-Term Debt to Total Capital
37.62% 38.20% 36.41% 36.76% 37.33% 37.79% 37.25% 35.39% 90.56% 32.66% 32.44%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
62.12% 61.53% 60.85% 59.91% 60.27% 59.94% 61.29% 60.42% 0.00% 60.37% 62.11%
Debt to EBITDA
2.70 2.82 2.85 2.90 2.75 2.76 2.63 2.77 2.89 2.85 2.79
Net Debt to EBITDA
2.57 2.74 2.79 2.84 2.69 2.72 2.58 2.70 2.83 2.80 2.75
Long-Term Debt to EBITDA
2.68 2.80 2.65 2.66 2.59 2.60 2.53 2.47 2.62 2.35 2.39
Debt to NOPAT
5.38 5.72 5.98 6.54 6.22 6.43 5.90 6.06 6.55 6.37 6.21
Net Debt to NOPAT
5.13 5.56 5.87 6.41 6.08 6.34 5.80 5.92 6.41 6.27 6.11
Long-Term Debt to NOPAT
5.34 5.68 5.57 6.00 5.84 6.07 5.67 5.42 5.93 5.25 5.32
Altman Z-Score
2.35 2.67 2.32 1.92 2.06 2.24 1.87 2.08 2.08 2.26 1.80
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 46.87%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.07 1.81 1.41 1.32 1.59 1.52 1.76 1.40 1.53 1.08 1.03
Quick Ratio
1.17 0.94 0.67 0.62 0.75 0.68 0.79 0.62 0.76 0.54 0.47
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-56 -77 -136 -152 -119 -96 -85 -144 -132 -173 -106
Operating Cash Flow to CapEx
163.39% 93.26% 151.41% 96.66% 147.00% 60.64% 157.40% 118.03% 117.76% 22.71% 48.93%
Free Cash Flow to Firm to Interest Expense
-7.39 -9.38 -16.23 -18.23 -14.91 -12.72 -11.13 -18.51 -17.61 -24.91 -15.93
Operating Cash Flow to Interest Expense
10.27 8.28 9.46 7.76 8.22 5.78 8.76 9.15 7.48 1.36 4.96
Operating Cash Flow Less CapEx to Interest Expense
3.98 -0.60 3.21 -0.27 2.63 -3.75 3.19 1.40 1.13 -4.62 -5.18
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.26 0.25 0.25 0.25 0.26 0.27 0.28 0.29 0.30 0.29 0.28
Accounts Receivable Turnover
7.90 7.03 7.84 7.79 7.23 6.72 8.57 8.90 7.52 6.90 8.54
Inventory Turnover
6.64 6.02 5.94 5.89 5.97 6.04 6.34 7.19 8.87 7.78 7.54
Fixed Asset Turnover
0.32 0.31 0.31 0.31 0.32 0.34 0.36 0.36 0.37 0.37 0.36
Accounts Payable Turnover
9.74 5.91 8.49 9.49 10.34 7.11 8.24 7.48 11.94 7.96 8.07
Days Sales Outstanding (DSO)
46.21 51.95 46.59 46.85 50.46 54.30 42.61 41.02 48.52 52.88 42.76
Days Inventory Outstanding (DIO)
54.93 60.66 61.43 61.97 61.16 60.43 57.55 50.77 41.17 46.90 48.39
Days Payable Outstanding (DPO)
37.46 61.79 43.01 38.45 35.31 51.33 44.32 48.78 30.58 45.88 45.22
Cash Conversion Cycle (CCC)
63.68 50.82 65.00 70.37 76.31 63.41 55.84 43.01 59.11 53.90 45.94
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
2,063 2,047 2,022 2,005 1,961 1,945 1,841 1,825 1,805 1,830 1,720
Invested Capital Turnover
0.35 0.34 0.35 0.35 0.35 0.37 0.40 0.41 0.42 0.41 0.42
Increase / (Decrease) in Invested Capital
102 102 181 180 157 115 121 175 165 196 140
Enterprise Value (EV)
5,739 5,780 5,649 4,765 4,936 4,537 4,288 4,846 4,742 4,301 4,016
Market Capitalization
5,006 5,032 4,895 3,999 4,189 3,786 3,582 4,134 4,035 3,602 3,371
Book Value per Share
$23.38 $22.97 $22.33 $21.82 $32.04 $21.31 $21.22 $20.79 $0.00 $20.21 $20.09
Tangible Book Value per Share
$23.38 $22.97 $22.33 $21.82 $32.04 $21.31 $21.22 $20.79 $0.00 $20.21 $20.09
Total Capital
2,027 1,999 1,964 1,949 1,923 1,902 1,852 1,841 721 1,792 1,731
Total Debt
768 769 769 781 764 762 717 729 721 710 656
Total Long-Term Debt
762 764 715 716 718 719 690 652 653 585 562
Net Debt
733 748 754 765 747 751 706 712 706 698 645
Capital Expenditures (CapEx)
48 73 52 67 45 72 43 60 48 42 67
Debt-free, Cash-free Net Working Capital (DFCFNWC)
85 86 100 103 112 113 109 124 131 132 89
Debt-free Net Working Capital (DFNWC)
120 107 114 119 128 124 121 140 145 143 99
Net Working Capital (NWC)
115 102 61 54 82 81 94 63 77 18 5.05
Net Nonoperating Expense (NNE)
4.32 2.63 3.27 4.21 3.81 -0.93 -2.35 2.28 1.75 1.29 0.47
Net Nonoperating Obligations (NNO)
805 817 826 837 803 805 706 712 1,805 749 645
Total Depreciation and Amortization (D&A)
28 28 27 27 27 25 25 25 25 22 21
Debt-free, Cash-free Net Working Capital to Revenue
12.04% 12.66% 14.86% 15.54% 16.79% 16.37% 15.29% 17.22% 18.07% 18.42% 12.92%
Debt-free Net Working Capital to Revenue
17.05% 15.80% 17.08% 18.00% 19.30% 17.99% 16.86% 19.51% 20.10% 20.05% 14.46%
Net Working Capital to Revenue
16.30% 15.02% 9.06% 8.18% 12.35% 11.74% 13.08% 8.79% 10.69% 2.58% 0.74%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.14 $0.61 $1.13 $0.66 $0.93 $0.55 $1.05 $0.79 $0.86 $0.59 $0.93
Adjusted Weighted Average Basic Shares Outstanding
36.51M 36.21M 36.18M 36.18M 36.17M 36.16M 36.16M 36.16M 36.16M 36.16M 36.16M
Adjusted Diluted Earnings per Share
$1.14 $0.61 $1.13 $0.66 $0.93 $0.55 $1.05 $0.79 $0.86 $0.59 $0.93
Adjusted Weighted Average Diluted Shares Outstanding
36.54M 36.24M 36.21M 36.20M 36.19M 36.19M 36.19M 36.19M 36.18M 36.17M 36.18M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
53.89M 53.86M 53.56M 53.52M 53.52M 53.52M 53.51M 53.51M 53.51M 53.51M 53.51M
Normalized Net Operating Profit after Tax (NOPAT)
46 25 44 28 38 19 36 31 33 22 34
Normalized NOPAT Margin
20.97% 14.38% 26.24% 19.22% 19.66% 11.63% 22.12% 20.92% 15.11% 11.77% 20.92%
Pre Tax Income Margin
21.87% 14.41% 26.46% 17.34% 19.14% 15.39% 29.08% 24.03% 17.45% 13.86% 25.64%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
7.32 4.01 6.31 4.04 5.58 4.37 7.10 5.58 6.06 4.78 7.30
NOPAT to Interest Expense
6.06 3.00 5.27 3.36 4.70 2.54 4.64 3.99 4.38 3.21 5.14
EBIT Less CapEx to Interest Expense
1.03 -4.87 0.06 -4.00 -0.02 -5.17 1.53 -2.17 -0.29 -1.20 -2.84
NOPAT Less CapEx to Interest Expense
-0.23 -5.88 -0.98 -4.67 -0.89 -6.99 -0.93 -3.76 -1.97 -2.77 -5.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
94.33% 99.61% 92.45% 53.53% 50.75% 51.31% 50.28% 51.47% 54.11% 51.82% 55.14%
Augmented Payout Ratio
94.33% 99.61% 92.45% 53.53% 50.75% 51.31% 50.28% 51.47% 54.11% 51.82% 55.14%

Frequently Asked Questions About MGE Energy's Financials

When does MGE Energy's financial year end?

According to the most recent income statement we have on file, MGE Energy's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has MGE Energy's net income changed over the last 9 years?

MGE Energy's net income appears to be on an upward trend, with a most recent value of $120.57 million in 2024, rising from $71.34 million in 2015. The previous period was $117.70 million in 2023. Find out what analysts predict for MGE Energy in the coming months.

What is MGE Energy's operating income?
MGE Energy's total operating income in 2024 was $146.26 million, based on the following breakdown:
  • Total Gross Profit: $254.84 million
  • Total Operating Expenses: $108.58 million
How has MGE Energy revenue changed over the last 9 years?

Over the last 9 years, MGE Energy's total revenue changed from $564.03 million in 2015 to $676.94 million in 2024, a change of 20.0%.

How much debt does MGE Energy have?

MGE Energy's total liabilities were at $1.53 billion at the end of 2024, a 3.2% increase from 2023, and a 47.6% increase since 2015.

How much cash does MGE Energy have?

In the past 9 years, MGE Energy's cash and equivalents has ranged from $11.14 million in 2023 to $107.95 million in 2017, and is currently $21.30 million as of their latest financial filing in 2024.

How has MGE Energy's book value per share changed over the last 9 years?

Over the last 9 years, MGE Energy's book value per share changed from 13.27 in 2015 to 22.97 in 2024, a change of 73.0%.



This page (NASDAQ:MGEE) was last updated on 5/29/2025 by MarketBeat.com Staff
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