MGE Energy, Inc.

Utilities · Diversified Utilities

Overall research band Weak

Quality Weak

Valuation Weak

Balance sheet Very weak

Market confirmation Weak

One-minute company read

What this report can tell you now

What the company does

MGE Energy, Inc. is a public utility holding company headquartered in Madison, Wisconsin, operating primarily through subsidiaries in the state. The company is organized into segments including Regulated Electric Utility, Regulated Gas Utility, Nonregulated Energy, Transmission Investments, and other activities. MGE Energy generates, acquires, and delivers electricity using coal-fired, gas-fired, and renewable energy facilities located in Wisconsin and Iowa, and also purchases power under various agreements. It provides electricity to 159,000 customers in Dane County and distributes natural gas to 169,000 customers across seven Wisconsin counties. The company also plans, constructs, operates, maintains, and expands transmission infrastructure to support its utility services. Revenue is primarily generated from the sale and delivery of electricity and natural gas to residential, commercial, and industrial customers.

The current research profile is Mixed Setup, with elevated leverage. This is a starting point for investigation, not a forecast or recommendation.

Strongest visible signal

No single strength should be treated as decisive without reviewing the underlying evidence and data status.

What to investigate next

Read the latest filing or company update, check the period behind the metrics, and investigate the dimension with the weakest band above.

Before you draw a conclusion

Read the latest filing or company update.
Check the financial period behind each metric.
Investigate the weakest score band and any missing evidence.

Headline fundamentals

A small set of signals worth checking

ROIC7.0%Model input; read with the evidence status and period context.

Operating margin22.9%Model input; read with the evidence status and period context.

Revenue CAGR · 4 years5.2%Model input; read with the evidence status and period context.

FCF margin-10.8%Model input; read with the evidence status and period context.

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