Company / Return on Equity (ROE)
MGE Energy, Inc. Return on Equity (ROE) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
10.4%
FY2025
5-year range
9.8% / 10.4%
FY2021-FY2025
Trend
+6.3%
vs FY2024
Sector context
#25 of 68
Utilities
What the data says
At 10.4%, MGE Energy, Inc.'s return on equity (roe) ranks #25 of 68 in the Utilities sector. Return on Equity (ROE) has fluctuated over the past 10 years, ranging from 9.5% in FY2020 to 12.5% in FY2017.
Based on SEC 10-K filings.
10.4% in FY2025 with a 5-year CAGR of +0.9%.
Remained stable around 10.4% over the past 2 years.
Utilities sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- +0.2pp
- 5-Year Change
- +0.9pp
- 10-Year Change
- -
Sector benchmark
#25 of 68 in UtilitiesTop 37% of 68This company 10.4% Sector average 3.5%
▼
+194.2% above sector average
Key checks
Key Insights
- In FY2025, return on equity (roe) increased 6.3% year-over-year.
- Currently 6.9pp above the Utilities sector average.
- Peak return on equity (roe) was recorded in FY2017.
- Lowest return on equity (roe) 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 Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | 10.4% | +6.3% |
| FY2024 | 9.8% | -5.0% |
| FY2023 | 10.3% | +0.6% |
| FY2022 | 10.3% | -0.3% |
| FY2021 | 10.3% | +8.7% |
| FY2020 | 9.5% | -6.7% |
| FY2019 | 10.2% | -1.6% |
| FY2018 | 10.3% | -17.8% |
| FY2017 | 12.5% | +20.1% |
| FY2016 | 10.4% | +1.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026