Company / Shares Outstanding
MGE Energy, Inc. Shares Outstanding History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
36.6M
FY2025
5-year range
36.2M / 36.6M
FY2021-FY2025
Trend
+0.9%
vs FY2024
Sector context
#64 of 69
Utilities
What the data says
Among 69 Utilities companies, MGE Energy, Inc. is in the top 7% for shares outstanding. Shares Outstanding has increased for 6 consecutive years, from 34668000.00 in FY2019 to 36571000.00 in FY2025.
Based on SEC 10-K filings.
36571000.00 in FY2025 with a 5-year CAGR of +0.5%.
Remained stable around 36571000.00 over the past 2 years.
Utilities sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- +0.4%
- 5-Year CAGR
- +0.5%
- 10-Year CAGR
- -
Sector benchmark
Top 7% in UtilitiesTop 7% of 69This company 36.6M Sector average 369.9M
▼
-90.1% below sector average
Key checks
Key Insights
- MGE Energy, Inc.'s shares outstanding has grown for 6 consecutive years.
- In FY2025, shares outstanding increased 0.9% year-over-year.
- Ranks #64 out of 69 companies in the Utilities sector.
- Lowest shares outstanding in the period was in FY2019.
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 | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 36.6M | +0.9% |
| FY2024 | 36.2M | +0.1% |
| FY2023 | 36.2M | +0.0% |
| FY2022 | 36.2M | +0.0% |
| FY2021 | 36.2M | +1.6% |
| FY2020 | 35.6M | +2.7% |
| FY2019 | 34.7M | +0.0% |
| FY2018 | 34.7M | +0.0% |
| FY2017 | 34.7M | +0.0% |
| FY2016 | 34.7M | +0.0% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026