Latest headcount
726
YoY change
+1.3%
Headcount CAGR
+0.3%
Revenue / employee
$1M
Employee count history for MGE Energy
| Fiscal year | Employees |
|---|---|
| 2002 | 683 |
| 2003 | 691 |
| 2004 | 738 |
| 2005 | 746 |
| 2006 | 740 |
| 2007 | 724 |
| 2008 | 722 |
| 2009 | 717 |
| 2010 | 701 |
| 2011 | 712 |
| 2012 | 688 |
| 2013 | 695 |
| 2014 | 699 |
| 2015 | 708 |
| 2016 | 704 |
| 2017 | 712 |
| 2018 | 706 |
| 2019 | 731 |
| 2020 | 723 |
| 2021 | 706 |
| 2022 | 701 |
| 2023 | 719 |
| 2024 | 717 |
| 2025 | 726 |
Revenue per employee for MGE Energy
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 2002 | $508.2K |
| 2003 | $581.1K |
| 2004 | $575.7K |
| 2005 | $688.2K |
| 2006 | $685.9K |
| 2007 | $742.5K |
| 2008 | $825.5K |
| 2009 | $744.5K |
| 2010 | $759.8K |
| 2011 | $767.4K |
| 2012 | $786.8K |
| 2013 | $850.2K |
| 2014 | $886.8K |
| 2015 | $796.6K |
| 2016 | $773.8K |
| 2017 | $790.9K |
| 2018 | $792.9K |
| 2019 | $778.2K |
| 2020 | $745K |
| 2021 | $859.2K |
| 2022 | $1M |
| 2023 | $960.3K |
| 2024 | $944.1K |
| 2025 | $1M |
Earnings per employee for MGE Energy
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 2002 | $42.7K |
| 2003 | $44.3K |
| 2004 | $45.9K |
| 2005 | $43K |
| 2006 | $57.3K |
| 2007 | $67.4K |
| 2008 | $73.1K |
| 2009 | $71.1K |
| 2010 | $82.3K |
| 2011 | $85.6K |
| 2012 | $93.7K |
| 2013 | $107.8K |
| 2014 | $114.9K |
| 2015 | $100.8K |
| 2016 | $107.3K |
| 2017 | $137.1K |
| 2018 | $119.3K |
| 2019 | $118.8K |
| 2020 | $127.8K |
| 2021 | $149.8K |
| 2022 | $158.3K |
| 2023 | $163.7K |
| 2024 | $168.2K |
| 2025 | $187.2K |
Employee count history for MGE Energy (MGEE)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 2025726+1.3%
- 2024717-0.3%
- 2023719+2.6%
- 2022701-0.7%
- 2021706-2.4%
- 2020723-1.1%
- 2019731+3.5%
- 2018706-0.8%
- 2017712+1.1%
- 2016704-0.6%
- 2015708+1.3%
- 2014699+0.6%
- 2013695+1.0%
- 2012688-3.4%
- 2011712+1.6%
- 2010701-2.2%
- 2009717-0.7%
- 2008722-0.3%
- 2007724-2.2%
- 2006740-0.8%
- 2005746+1.1%
- 2004738+6.8%
- 2003691+1.2%
- 2002683—
About MGE Energy's employee count
MGE Energy (MGEE) employed 726 people in fiscal year 2025, based on its most recent annual report. That headcount grew by +9 (+1.3%) from 717 a year earlier.
Across the 2002–2025 period, the company's reported workforce went from 683 to 726 employees — a compound annual growth rate (CAGR) of +0.3% per year.
MGE Energy generated about $1M of revenue and $187.2K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
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