EBITDA for MGE Energy (MGEE)
According to MGE Energy's latest reported financial statements, the company's current EBITDA (TTM) is $304.78M USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

MGEE
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$304.78M
YoY change
+11.8%
5Y CAGR
+7.8%
Peak year (2025)
$304.78M
Cumulative EBITDA
$6.70B
EBITDA history chart for MGE Energy (MGEE) from 1985 to 2025
EBITDA history table for MGE Energy (MGEE) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $304.78M | +11.8% | ||
| 2024 | $272.68M | -1.3% | ||
| 2023 | $276.28M | +10.8% | ||
| 2022 | $249.37M | +18.2% | ||
| 2021 | $210.97M | +0.7% | ||
| 2020 | $209.55M | +4.1% | ||
| 2019 | $201.28M | +7.3% | ||
| 2018 | $187.67M | -2.3% | ||
| 2017 | $192.10M | +5.2% | ||
| 2016 | $182.59M | +3.1% | ||
| 2015 | $177.09M | -1.0% | ||
| 2014 | $178.79M | +0.7% | ||
| 2013 | $177.53M | +9.9% | ||
| 2012 | $161.54M | +2.2% | ||
| 2011 | $158.02M | +8.5% | ||
| 2010 | $145.66M | +8.8% | ||
| 2009 | $133.84M | +5.3% | ||
| 2008 | $127.06M | +15.6% | ||
| 2007 | $109.93M | +3.5% | ||
| 2006 | $106.17M | +18.3% | ||
| 2005 | $89.78M | +8.3% | ||
| 2004 | $82.91M | -1.5% | ||
| 2003 | $84.20M | -3.8% | ||
| 2002 | $87.49M | +3.0% | ||
| 2001 | $84.97M | -7.7% | ||
| 2000 | $92.06M | +19.9% | ||
| 1999 | $76.80M | +6.7% | ||
| 1998 | $72.00M | +3.3% | ||
| 1997 | $69.70M | +8.6% | ||
| 1996 | $64.20M | -12.5% | ||
| 1995 | $73.40M | +2.8% | ||
| 1994 | $71.40M | -70.7% | ||
| 1993 | $244.10M | +7.1% | ||
| 1992 | $228.00M | -1.8% | ||
| 1991 | $232.20M | +5.3% | ||
| 1990 | $220.60M | +1.4% | ||
| 1989 | $217.60M | +1.5% | ||
| 1988 | $214.30M | +6.0% | ||
| 1987 | $202.10M | -3.9% | ||
| 1986 | $210.30M | -6.1% | ||
| 1985 | $223.90M | — |
EBITDA values are taken from MGE Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, MGE Energy (MGEE) reported EBITDA of $304.78M – grew 11.8% year-over-year.
MGE Energy EBITDA has recorded the values shown across consecutive periods, with a +7.8% compound annual growth rate over 2020–2025 (5 years).
$304.78M stands as the all-time-high annual EBITDA, posted in 2025, against a low of $64.20M during 1996.
MGE Energy (MGEE) sits 9th of 8 Utilities peers we track on this metric, against a peer median of $8.40B.
MGE Energy EBITDA by Year
MGE Energy EBITDA 2025: $304.78M
MGE Energy EBITDA in 2025 was $304.78M, grew 11.8% from 2024. This figure represents the highest annual value in the available history.
MGE Energy EBITDA 2024: $272.68M
MGE Energy EBITDA in 2024 was $272.68M, edged down 1.3% below 2023.
MGE Energy EBITDA 2023: $276.28M
MGE Energy EBITDA in 2023 was $276.28M, grew 10.8% from 2022.
MGE Energy EBITDA 2022: $249.37M
MGE Energy EBITDA in 2022 was $249.37M, grew 18.2% from 2021.
MGE Energy EBITDA 2021: $210.97M
MGE Energy EBITDA in 2021 was $210.97M.
See more financial history for MGE Energy (MGEE).
Sector peers — EBITDA
Companies in the same sector as MGE Energy, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $16.16B | Utilities |
| Duke Energy Corporation (DUK) | $15.67B | Utilities |
| The Southern Company (SO) | $14.33B | Utilities |
| American Electric Power Company, Inc. (AEP) | $8.79B | Utilities |
| Dominion Energy, Inc. (D) | $8.02B | Utilities |
| Sempra (SRE) | $6.87B | Utilities |
| Constellation Energy Corporation (CEG) | $5.01B | Utilities |
| GE Vernova Inc. (GEV) | $3.68B | Utilities |
Frequently asked questions
What is MGE Energy's EBITDA?
- Latest reported EBITDA for MGE Energy (MGEE) is $304.78M (period ending December 31, 2025).
How has MGE Energy EBITDA changed year-over-year?
- MGE Energy (MGEE) EBITDA changed +11.8% year-over-year on the latest annual filing.
What is the long-term growth rate of MGE Energy EBITDA?
- MGE Energy (MGEE) EBITDA compound annual growth rate is +7.8% over the most recent 5 years available.
When did MGE Energy EBITDA hit its highest annual value?
- MGE Energy EBITDA reached its highest annual value of $304.78M in 2025.
What was MGE Energy EBITDA in 2024?
- MGE Energy (MGEE) EBITDA in 2024 was $272.68M.
What was MGE Energy EBITDA in 2025?
- MGE Energy (MGEE) EBITDA in 2025 was $304.78M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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