Company / Net Income
MGE Energy, Inc. Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$135.9M
FY2025
5-year range
$105.8M / $135.9M
FY2021-FY2025
Trend
+12.7%
vs FY2024
Sector context
#54 of 73
Utilities
What the data says
At $136M, MGE Energy, Inc.'s net income ranks #54 of 73 in the Utilities sector. Net Income has increased for 7 consecutive years, from $84M in FY2018 to $136M in FY2025.
Based on SEC 10-K filings.
$136M in FY2025 with a 5-year CAGR of +8.0%.
Improved from $118M to $136M over the past 2 years.
Utilities sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +7.0%
- 5-Year CAGR
- +8.0%
- 10-Year CAGR
- -
Sector benchmark
#54 of 73 in UtilitiesTop 74% of 73This company $135.9M Sector average $1.2B
▼
-88.9% below sector average
Key checks
Key Insights
- MGE Energy, Inc.'s net income has grown for 7 consecutive years.
- 5-year CAGR of +8.0%, indicating consistent growth.
- In FY2025, net income increased 12.7% year-over-year.
- Ranks #54 out of 73 companies in the Utilities sector.
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 IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $135.9M | +12.7% |
| FY2024 | $120.6M | +2.4% |
| FY2023 | $117.7M | +6.1% |
| FY2022 | $111.0M | +4.9% |
| FY2021 | $105.8M | +14.4% |
| FY2020 | $92.4M | +6.4% |
| FY2019 | $86.9M | +3.2% |
| FY2018 | $84.2M | -13.7% |
| FY2017 | $97.6M | +29.2% |
| FY2016 | $75.6M | +5.9% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026