Company / Income Tax
MGE Energy, Inc. Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$20.8M
FY2025
5-year range
$4.1M / $27.8M
FY2021-FY2025
Trend
+96.0%
vs FY2024
Sector context
#48 of 74
Utilities
What the data says
At $21M, MGE Energy, Inc.'s income tax ranks #27 of 74 in the Utilities sector. Income Tax has fluctuated over the past 10 years, ranging from $4M in FY2021 to $43M in FY2016.
Based on SEC 10-K filings.
$21M in FY2025 with a 5-year CAGR of +1.3%.
Improved from $28M to $21M over the past 2 years.
Utilities sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -7.5%
- 5-Year CAGR
- +1.3%
- 10-Year CAGR
- -
Sector benchmark
#27 of 74 in UtilitiesTop 35% of 74This company $20.8M Sector average $161.9M
▼
-87.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +1.3%, indicating consistent growth.
- In FY2025, income tax increased 96.0% year-over-year.
- Ranks #48 out of 74 companies in the Utilities sector.
- Peak income tax was recorded 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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $20.8M | +96.0% |
| FY2024 | $10.6M | -61.9% |
| FY2023 | $27.8M | +6.0% |
| FY2022 | $26.2M | +537.3% |
| FY2021 | $4.1M | -78.8% |
| FY2020 | $19.4M | -1.8% |
| FY2019 | $19.8M | -27.9% |
| FY2018 | $27.4M | +24.2% |
| FY2017 | $22.1M | -48.0% |
| FY2016 | $42.5M | +2.8% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026