MGE Energy, Inc. (MGEE) Earnings History
Annual and quarterly earnings data from 1994 to 2025
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MGEE EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MGEE Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 97.3% | 22.9% | 18.3% |
| 2024 | 41.2% | 21.6% | 17.8% |
| 2023 | 39.0% | 21.2% | 17.0% |
| 2022 | 34.1% | 19.3% | 15.5% |
| 2021 | 35.2% | 19.3% | 17.4% |
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MGE Energy, Inc. (MGEE) Earnings Overview
As of May 8, 2026, MGE Energy, Inc. (MGEE) reported trailing twelve-month net income of $143M, reflecting +11.7% year-over-year growth. The company earned $3.90 per diluted share over the past four quarters, with a net profit margin of 18.3%.
Looking at the long-term picture, MGEE's 5-year EPS compound annual growth rate (CAGR) stands at +7.4%, showing solid earnings momentum. The company achieved its highest annual net income of $136M in fiscal 2025, representing a new all-time high.
MGE Energy, Inc. maintains industry-leading profitability with a gross margin of 97.3%, operating margin of 22.9%, and net margin of 18.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including OTTR ($280M net income, 21.2% margin), AVA ($206M net income, 9.8% margin), NWE ($168M net income, 11.2% margin), MGEE has room to improve margins relative to the peer group. Compare MGEE vs OTTR →
MGEE Earnings vs Peers
Earnings metrics vs comparable public companies
MGEE Historical Earnings Data (1994–2025)
32 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $136M | +12.7% | $171M | $3.72 | 18.3% | 22.9% |
| 2024 | $121M | +2.4% | $146M | $3.33 | 17.8% | 21.6% |
| 2023 | $118M | +6.1% | $146M | $3.25 | 17.0% | 21.2% |
| 2022 | $111M | +4.9% | $138M | $3.07 | 15.5% | 19.3% |
| 2021 | $106M | +14.4% | $117M | $2.92 | 17.4% | 19.3% |
| 2020 | $92M | +6.4% | $110M | $2.60 | 17.2% | 20.4% |
| 2019 | $87M | +3.2% | $111M | $2.33 | 15.3% | 19.5% |
| 2018 | $84M | -13.7% | $114M | $2.43 | 15.0% | 20.4% |
| 2017 | $98M | +29.2% | $129M | $2.82 | 17.3% | 22.9% |
| 2016 | $76M | +5.9% | $128M | $2.18 | 13.9% | 23.5% |
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Start ComparisonMGEE — Frequently Asked Questions
Quick answers to the most common questions about buying MGEE stock.
Is MGEE growing earnings?
MGEE EPS stands at $3.90, with +11.7% growth matching the 5-year CAGR of +7.4%. TTM net income is $143M. Earnings trajectory remains consistent.
What are MGEE's profit margins?
MGE Energy, Inc. net margin is +18.3%, with operating margin at +22.9%. Above-average margins indicate pricing power.
How consistent are MGEE's earnings?
MGEE earnings data spans 1994-2025. The current earnings trend is +11.7% YoY. Historical data enables comparison across business cycles.