Company / Net Debt per Share
MGE Energy, Inc. Net Debt per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Debt per Share
$21.51
FY2025
5-year range
$15.86 / $21.51
FY2021-FY2025
Trend
+5.0%
vs FY2024
Sector context
#45 of 57
Utilities
What the data says
MGE Energy, Inc.'s net debt per share of $21.51 is lower than 79% of companies in the Utilities sector (FY2025). Net Debt per Share has increased for 3 consecutive years, from $15.86 in FY2022 to $21.51 in FY2025.
Based on SEC 10-K filings.
21.51 in FY2025 with a 5-year CAGR of +10.0%.
Increased from $19.56 to $21.51 over the past 2 years.
Utilities sector context is included.
Net Debt per Share over time
Growth rates
- 3-Year CAGR
- +10.7%
- 5-Year CAGR
- +10.0%
- 10-Year CAGR
- -
Sector benchmark
Top 21% in UtilitiesTop 21% of 57This company $21.51 Sector average $46.70
▼
-53.9% below sector average
Key checks
Key Insights
- MGE Energy, Inc.'s net debt per share has grown for 3 consecutive years.
- In FY2025, net debt per share increased 5.0% year-over-year.
- Ranks #45 out of 57 companies in the Utilities sector.
- Lowest net debt per share 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 | Net Debt per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $21.51 | +5.0% |
| FY2024 | $20.49 | +4.8% |
| FY2023 | $19.56 | +23.3% |
| FY2022 | $15.86 | -3.9% |
| FY2021 | $16.50 | +23.8% |
| FY2020 | $13.33 | -7.7% |
| FY2019 | $14.43 | +21.9% |
| FY2018 | $11.83 | +41.4% |
| FY2017 | $8.37 | +1.2% |
| FY2016 | $8.27 | -6.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026