MGE Energy, Inc.

NASDAQ: MGEE · Utilities · Diversified Utilities

PublicHQ Madison, WI · DaneCIK 0001161728Reports USD

#1 of 134 Utilities companies by revenue

EA Score

——

FH 69DQ —GM —SS 62

v0.1 · 35/100 weight · pillars only

↑ return on assets, Altman-Z · ↓ Piotroski F, workforce scale

Methodology →

Revenue TTM

$767.4M

Rev growth YoY (TTM)

+8.9%

Net income (FY)

$135.9M

Employees

717

Market cap

$3.2B

Financials — latest annual

SEC EDGAR · USD-normalized

ConceptUSDNativeFY

Net income$135.9M$135.9M2025

Operating income$170.7M$170.7M2025

Total assets$3.2B$3.2B2025

Equity$1.3B$1.3B2025

Revenue by segment

Filed disclosures · FY2025

By product

Electric66%

Gas29%

Non Regulated Energy6%

By geography

Not disclosed.

The read

MGE Energy, Inc. earned $135.9M in FY2025 net income.

Peers · Utilities

Fluence Energy, Inc.35D American States Water Company77B+California Water Service Group59C Chesapeake Utilities Corporation71B

Neighbors

Dane →

Alliant Energy Corporation$4.4B67B Spectrum Brands Holdings, Inc.$2.8B67B First Business Financial Services, Inc.——Lake Ridge Bancorp Inc.——Duluth Holdings Inc.$565.2M49D Accuray Incorporated$458.5M68B

Key facts

CEOJeffrey Keebler

SectorUtilities

IndustryDiversified Utilities

HeadquartersMadison, WI

ExchangeNASDAQ: MGEE

Employees717

IPO date1980-03-17

Latest filings

8-K2026-06-23 8-K2026-05-22 8-K2026-05-08 8-K2026-05-08 8-K2026-05-05 10-Q2026-05-05 8-K2026-04-21 DEF 14A2026-04-02

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.