Company / Accounts Receivable
MGE Energy, Inc. Accounts Receivable History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$57.6M
FY2025
5-year range
$46.2M / $57.6M
FY2021-FY2025
Trend
+12.2%
vs FY2024
Sector context
#49 of 56
Utilities
What the data says
MGE Energy, Inc.'s accounts receivable of $58M is lower than 87% of companies in the Utilities sector (FY2025). Accounts Receivable has fluctuated over the past 10 years, ranging from $40M in FY2016 to $58M in FY2025.
Based on SEC 10-K filings.
$58M in FY2025 with a 5-year CAGR of +6.8%.
Improved from $47M to $58M over the past 2 years.
Utilities sector context is included.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- +1.3%
- 5-Year CAGR
- +6.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 13% in UtilitiesTop 87% of 56This company $57.6M Sector average $1.0B
▼
-94.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +6.8%, indicating consistent growth.
- In FY2025, accounts receivable increased 12.2% year-over-year.
- Ranks #49 out of 56 companies in the Utilities sector.
- Lowest accounts receivable in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.45 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $57.6M | +12.2% |
| FY2024 | $51.3M | +9.7% |
| FY2023 | $46.7M | -15.7% |
| FY2022 | $55.4M | +19.9% |
| FY2021 | $46.2M | +11.6% |
| FY2020 | $41.4M | +2.2% |
| FY2019 | $40.5M | -7.1% |
| FY2018 | $43.6M | +3.1% |
| FY2017 | $42.3M | +6.0% |
| FY2016 | $39.9M | +7.5% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026