The Tip Desk

MGE ENERGY INC

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$743.7$676.9$690.4$714.5$606.6
Operating income$170.7$146.3$146.4$137.7$117.3
Net income$135.9$120.6$117.7$111.0$105.8
Cash Flow Statement
Free cash flow-$80.0$40.9$15.5-$21.3-$15.6
Dividends$67.6$63.6$60.4$57.5$54.8

Shares outstanding 37.8M · Free float 99.7%

Annual filing data through FY ended December 31, 2025; float as of September 26, 2026.

Coverage