MGE Energy Inc. (MGEE) Stock

About MGE Energy Inc.

MGE Energy Inc. (MGEE) stock trades at $73.48 with a market capitalization of $2.77B. The stock is valued at a price-to-earnings (P/E) ratio of 17.43, price-to-book of 1.83, price-to-sales of 3.47. Over the past 52 weeks the stock has ranged between $68.01 and $87.94, and currently trades 16.4% below its 52-week high. It pays a dividend yielding 2.87%.

On profitability, MGE Energy Inc. generates a return on equity (ROE) of 11.10%, return on capital employed of 5.44%, an operating margin of 22.98%, a net profit margin of 19.45%.

MGE Energy Inc. by the numbers, 2016–2025

Between 2016 and 2025 MGE Energy Inc. reported revenue of $545.0M rising to $744.0M, a change of +36.5% across 10 years. Compounded, revenue has grown 6.7% a year over five years, 1.3% over three, 9.9% over the last twelve months. Net profit rose to $136.0M.

Operating margin went from 23.5% in 2016 to 22.9% in 2025, essentially unchanged. The most recent net margin is 19.45%. On a trailing twelve-month basis to Jun '26, revenue is $770.0M and net profit $148.0M.

Borrowings rose from $387.0M to $936.0M, cash from operations was $263.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 10.2% over five years, and was 10.4% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

MGE Energy Inc. (MGEE) — frequently asked questions