MGE Energy Inc.
Description
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity and natural gas in Wisconsin and Iowa; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It generates electricity from coal-fired, gas-fired, and renewable energy sources. As of December 31, 2023, the company owned and operated 835 miles of overhead electric distribution lines; 1,330 miles of underground electric distribution cables; 49 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,066 miles of distribution mains, as well as supplied electric service to approximately 163,000 customers. MGE Energy, Inc. founded in 2001 and is headquartered in Madison, Wisconsin.
About
CEO
Mr. Jeffrey M. Keebler
Employees
0
Instrument type
Common Stock
Sector
Utilities
Industry
Utilities - Regulated Electric
MIC code
XNGS
Address
133 South Blair Street, Madison, WI 53788, United States
×
![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 4, 2025 | — | — | — | — |
| Aug 5, 2025 | — | — | — | — |
| May 6, 2025 | — | — | — | — |
| Feb 19, 2025 | — | — | — | — |
| Nov 6, 2024 | 1.17 | 1.13 | -0.04 | -3.42% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 1 | — | 2 |
| Average estimate | — | 0.96 | — | 3.84 |
| Low estimate | — | 0.96 | — | 3.73 |
| High estimate | — | 0.96 | — | 3.95 |
| Last year EPS | — | 0.93 | — | 3.44 |
[stock_revenue_estimate]
Growth estimates
Current qtr
52.730%
Next qtr. (Mar 2025)
3.230%
Current year
5.690%
Next year (Dec 2025)
11.790%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 690.43M | 714.52M | 606.58M | 538.63M | 568.86M |
| Cost of revenue | 421.39M | 470.60M | 393.03M | 334.69M | 366.53M |
| Gross profit | 269.04M | 243.92M | 213.55M | 203.94M | 202.33M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | — | — | — | — | — |
| Other operating expenses | — | — | — | — | — |
| Operating income | 146.39M | 137.74M | 117.29M | 110.00M | 110.91M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 30.43M | 26.65M | 24.11M | 23.52M | 23.06M |
| Other income expense | 29.55M | 26.08M | 16.69M | 25.37M | 18.81M |
| Pretax income | 145.50M | 137.18M | 109.88M | 111.84M | 106.66M |
| Tax provision | 27.80M | 26.22M | 4.12M | 19.42M | 19.78M |
| Net income | 117.70M | 110.95M | 105.76M | 92.42M | 86.87M |
| Basic EPS | 3.25 | 3.07 | 2.92 | 2.60 | 2.51 |
| Diluted EPS | 3.25 | 3.07 | 2.92 | 2.60 | 2.51 |
| Basic average shares | 36.16M | 36.16M | 36.16M | 35.61M | 34.67M |
| Diluted average shares | 36.16M | 36.16M | 36.16M | 35.61M | 34.67M |
| EBITDA | 276.28M | 249.37M | 210.97M | 209.55M | 201.28M |
| Net income from continuing op. | 117.70M | 110.95M | 105.76M | 92.42M | 86.87M |
| Minority interests | — | — | — | — | -22.35M |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 2.68B | 2.52B | 2.37B | 2.25B | 2.08B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 11.14M | 11.60M | 17.44M | 44.74M | 23.48M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 46.73M | 55.41M | 46.21M | 41.38M | 40.48M |
| Other receivables | 15.62M | 11.42M | 16.09M | 7.30M | 7.94M |
| Inventory | 72.65M | 74.28M | 51.96M | 47.27M | 45.28M |
| Prepaid assets | 22.31M | 19.13M | 20.21M | 15.18M | 16.89M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 36.57M | 28.56M | 12.65M | 26.14M | 21.67M |
| Non current assets | |||||
| Properties | — | — | — | — | — |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | — | — | — | — | — |
| Construction in progress | 110.09M | 105.75M | 50.60M | 139.10M | 112.48M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -810.16M | -753.15M | -711.62M | -795.51M | -745.87M |
| Goodwill | — | — | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 112.82M | 105.88M | 98.75M | 94.68M | 88.49M |
| Other non current assets | 20.74M | 48.73M | 56.25M | 45.95M | 40.00M |
| Total liabilities | 1.54B | 1.44B | 1.34B | 1.28B | 1.23B |
| Current liabilities | |||||
| Accounts payable | 65.45M | 59.33M | 64.15M | 54.64M | 55.16M |
| Accrued expenses | 25.26M | 20.93M | 23.34M | 21.17M | 20.00M |
| Short term debt | 43.15M | 124.81M | 10.39M | 57.27M | 19.66M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | 23.30M | 19.98M | 19.97M | 57.84M | 34.00M |
| Non current liabilities | |||||
| Long term debt | 736.86M | 602.35M | 631.53M | 536.84M | 541.12M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 325.92M | 300.93M | 275.99M | 253.29M | 244.07M |
| Derivative product liabilities | — | — | — | 3.98M | 15.34M |
| Other non current liabilities | 43.64M | 46.73M | 91.69M | 72.21M | 63.01M |
| Shareholders equity | |||||
| Common stock | 36.16M | 36.16M | 36.16M | 36.16M | 34.67M |
| Retained earnings | 707.16M | 649.85M | 596.40M | 545.43M | 504.74M |
| Other shareholders equity | — | — | — | — | — |
| Total shareholders equity | 1.14B | 1.08B | 1.03B | 976.00M | 855.68M |
| Additional paid in capital | 396.75M | 395.66M | 394.90M | 394.41M | 316.27M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | 117.70M | 110.95M | 105.76M | 92.42M | 86.87M | 84.22M | 97.61M | 75.56M | 71.34M | 80.32M | 74.91M | 64.45M | 60.93M | 57.72M | 51.00M | 52.77M | 48.83M | 42.42M | 32.09M | 33.84M | 30.64M | 29.19M | 27.25M | 27.36M | 23.70M | 22.20M | 22.50M | 6.40M | 24.00M | 25.00M |
| Depreciation | 100.35M | 85.55M | 76.98M | 74.19M | 71.56M | 56.41M | 53.08M | 44.65M | 44.23M | 40.70M | 38.84M | 38.71M | 40.94M | 37.96M | 41.08M | 39.27M | 32.33M | 31.51M | 29.31M | 24.93M | 23.31M | 28.84M | 36.46M | 36.55M | 35.20M | — | — | — | — | — |
| Deferred Taxes | 23.00M | 23.44M | 4.84M | 10.36M | 7.21M | 3.75M | -4.08M | 22.42M | 21.93M | 49.88M | 38.37M | 44.80M | 33.70M | 25.38M | 17.71M | 8.58M | 750,000 | 5.24M | 10.90M | 8.83M | 8.08M | 3.63M | 8.98M | -1.07M | -700,000 | -1.20M | -1.40M | -7.20M | -2.40M | 2.40M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -8.14M | -8.84M | -6.82M | -9.05M | -5.55M | -6.40M | -10.66M | -11.99M | -12.96M | -2.59M | -41.41M | -27.57M | -22.05M | -14.65M | 6.14M | 1.22M | 5.63M | 18.91M | 10.42M | 14.68M | 9.94M | — | -2.94M | — | -1.50M | 34.80M | 29.10M | 26.80M | 26.70M | 24.40M |
| Accounts Receivable | 11.17M | -16.73M | -24.65M | -5.45M | 1.06M | 922,000 | -6.06M | -8.43M | 10.76M | 2.84M | -7.55M | -8.72M | 3.64M | -8.23M | 27.97M | -11.24M | -16.83M | 21.61M | -21.91M | -20.00M | -4.54M | -11.21M | 24.51M | — | — | — | — | — | — | — |
| Accounts Payable | -5.21M | 5.10M | 2.73M | 14.35M | -7.43M | -4.86M | -5.29M | 9.88M | -3.50M | 2.76M | 858,000 | -272,000 | 2.06M | -2.90M | -9.04M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 8.01M | -38.39M | -14.19M | -2.57M | -17.83M | 11.17M | 7.70M | 8.25M | 2.88M | -24.74M | 22.12M | 12.97M | -2.81M | 8.64M | 8.08M | -21.50M | 4.73M | -8.64M | -8.92M | -6.88M | -5.61M | 2.38M | -13.22M | -13.89M | 2.00M | 15.40M | -9.80M | 5.50M | 800,000 | -11.70M |
| Operating Cash Flow | 246.89M | 161.08M | 144.65M | 174.25M | 135.89M | 145.22M | 132.29M | 140.33M | 134.68M | 149.16M | 126.13M | 124.36M | 116.40M | 103.93M | 142.93M | 69.10M | 75.43M | 111.04M | 51.90M | 55.41M | 61.81M | 52.83M | 81.03M | 48.94M | 58.70M | 71.20M | 40.40M | 31.50M | 49.10M | 40.10M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | — | — | — | — | — | — | 2.82M | — | — | — | -10,000 | -3,000 | -2.15M | 3.36M | 82,000 | -105.47M | -135.53M | -92.58M | -85.77M | -97.63M | -82.97M | -78.28M | -26.59M | -73.61M | -51.00M | -30.80M | -21.60M | -21.90M | -19.20M | -26.40M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -8.00M | — |
| Purchase of Investments | -7.00M | -5.19M | -4.03M | -5.60M | -7.81M | -5.93M | -11.08M | -2.96M | -1.05M | -2.19M | -1.66M | -2.42M | -1.01M | -810,000 | -3.70M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | 161,000 | 114,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -7.95M | -5.12M | -3.81M | -7.27M | -8.32M | -6.13M | -8.14M | -3.15M | -1.28M | -3.48M | -2.88M | -2.92M | -1.18M | 2.86M | -2.05M | -104.28M | -134.79M | -94.44M | -75.73M | -100.22M | -92.60M | -86.38M | -24.53M | -84.84M | -61.80M | -40.80M | -28.10M | -26.60M | -31.40M | -28.80M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | 139.30M | 25.00M | 100.00M | 19.30M | 50.00M | 100.00M | 70.00M | — | — | — | 85.00M | 28.00M | 30.00M | 80.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -54.31M | -4.89M | -4.77M | -38.96M | -4.55M | -24.45M | -34.36M | -4.27M | -4.18M | -4.10M | -43.01M | -30.67M | -25.00M | -108.53M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -2.58M | -2.07M | -2.20M | -1.55M | -1.84M | -662,000 | -597,000 | -70,000 | -1.02M | -130,000 | -770,000 | -844,000 | -336,000 | -1.35M | 82,000 | -330,000 | — | -82,000 | -1.13M | 636,000 | -200,000 | — | — | — | -100,000 | -100,000 | — | — | — | — |
| Financing Cash Flow | -10.48M | 25.54M | -8.76M | 59.19M | -17.23M | 38.12M | -4.64M | -46.11M | -52.24M | -35.66M | 4.11M | -39.46M | -52.86M | -156.24M | -37.34M | -1.11M | 2.49M | -11.43M | -27.04M | 37.85M | -1.18M | -9.57M | -11.46M | -12.62M | -19.40M | -21.00M | -20.70M | -20.50M | -25.60M | -20.70M |
| Other Cash Details | ||||||||||||||||||||||||||||||
| End Cash Position | 15.03M | 17.97M | 18.84M | 47.04M | 25.81M | 84.93M | 112.09M | 101.63M | 81.38M | 65.76M | 68.81M | 46.36M | 41.17M | 7.11M | 4.70M | 4.11M | 3.79M | 3.00M | 3.33M | 3.56M | 2.02M | 3.00M | 2.42M | 4.31M | 1.90M | 7.30M | 2.10M | 5.30M | 2.80M | 11.50M |
| Income Tax Paid | 9.80M | 3.17M | 4.00M | 8.13M | 14.62M | 12.60M | 27.15M | 21.83M | 23.80M | 19.58M | 8.05M | 3.54M | 5.54M | 10.37M | 24.17M | 21.13M | 27.57M | 20.53M | 4.03M | 12.16M | 18.28M | 17.22M | 10.35M | 16.08M | 15.90M | 14.20M | 15.40M | 16.00M | 18.00M | 13.60M |
| Interest Paid | 29.53M | 25.96M | 23.50M | 23.90M | 23.17M | 20.02M | 19.18M | 19.42M | 19.64M | 20.48M | 17.99M | 19.50M | 19.79M | 18.64M | 16.58M | 18.71M | 13.74M | 16.69M | 13.68M | 11.52M | 12.44M | 12.41M | 13.55M | 13.82M | 12.10M | 10.20M | 10.80M | 10.90M | 11.90M | 11.20M |
| Free Cash Flow | 15.49M | -21.30M | -15.64M | -30.70M | -33.56M | -59.16M | 23.24M | 64.21M | 69.16M | 36.09M | 21.21M | 47.57M | 63.44M | 63.95M | 39.98M | -31.07M | -59.67M | 8.46M | -32.39M | -36.91M | -15.24M | -21.55M | 32.72M | -25.83M | 9.30M | 39.70M | 19.20M | 26.40M | 31.60M | 14.60M |
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