Company / Return on Assets (ROA)
MGE Energy, Inc. Return on Assets (ROA) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Assets (ROA)
4.3%
FY2025
5-year range
4.3% / 4.5%
FY2021-FY2025
Trend
+1.2%
vs FY2024
Sector context
#13 of 72
Utilities
What the data says
MGE Energy, Inc.'s return on assets (roa) of 4.3% is higher than 82% of companies in the Utilities sector (FY2025). Return on Assets (ROA) returned to growth in FY2025 after 3 years of decline, reaching 4.3%.
Based on SEC 10-K filings.
4.3% in FY2025 with a 5-year CAGR of +0.2%. Top quartile in the Utilities sector.
Declined from 4.4% to 4.3% over the past 2 years.
Utilities sector context is included.
Return on Assets (ROA) over time
Growth rates
- 3-Year Change
- -0.1pp
- 5-Year Change
- +0.2pp
- 10-Year Change
- -
Sector benchmark
+72.0% above sector average
Key checks
Key Insights
- In FY2025, return on assets (roa) increased 1.2% year-over-year.
- Currently 1.8pp above the Utilities sector average.
- Peak return on assets (roa) was recorded in FY2017.
- Lowest return on assets (roa) in the period was in FY2020.
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 | Return on Assets (ROA)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | 4.3% | +1.2% |
| FY2024 | 4.3% | -3.2% |
| FY2023 | 4.4% | -0.2% |
| FY2022 | 4.4% | -1.1% |
| FY2021 | 4.5% | +8.8% |
| FY2020 | 4.1% | -1.7% |
| FY2019 | 4.2% | -1.7% |
| FY2018 | 4.2% | -19.4% |
| FY2017 | 5.3% | +25.2% |
| FY2016 | 4.2% | +1.7% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026