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FCF Margin for MGE Energy (MGEE)

As of · Reported

Metric

TTM

-17.0%

YoY change

−16.79pp

Trough year (2007)

-11.1%

Peak year (1998)

15.9%

FCF Margin history chart for MGE Energy (MGEE) from 1994 to 2025

Latest: -10.8%

FCF Margin change chart for MGE Energy (MGEE) from 1994 to 2025

Latest: −16.79pp

FCF Margin history table for MGE Energy (MGEE) from 1994 to 2025

  • 2025-10.8%-16.79pp
  • 20246.0%+3.79pp
  • 20232.2%+5.22pp
  • 2022-3.0%-0.40pp
  • 2021-2.6%+3.12pp
  • 2020-5.7%+0.20pp
  • 2019-5.9%+4.67pp
  • 2018-10.6%-14.98pp
  • 20174.4%-7.31pp
  • 201611.7%-0.54pp
  • 201512.3%+6.44pp
  • 20145.8%+2.23pp
  • 20133.6%-5.20pp
  • 20128.8%-3.22pp
  • 201112.0%-0.00pp
  • 201012.0%+4.52pp
  • 20097.5%+12.70pp
  • 2008-5.2%+5.89pp
  • 2007-11.1%-12.77pp
  • 20061.7%+8.67pp
  • 2005-7.0%+1.69pp
  • 2004-8.7%-5.11pp
  • 2003-3.6%+2.63pp
  • 2002-6.2%-16.01pp
  • 20019.8%+17.77pp
  • 2000-8.0%-11.36pp
  • 19993.4%-12.50pp
  • 199815.9%+8.64pp
  • 19977.3%-3.17pp
  • 199610.4%-2.28pp
  • 199512.7%+6.75pp
  • 19946.0%—

FCF Margin values are taken from MGE Energy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at MGE Energy (MGEE)

According to MGE Energy's latest reported financial statements, the company's latest reported free cash flow margin is -17.0%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, MGE Energy (MGEE) reported free cash flow margin of -10.76% – contracted 16.8 percentage points year-over-year.

The highest annual free cash flow margin of 15.89% was reported in 1998. The lowest in the available history was -11.10% in 2007.

MGE Energy FCF Margin by Year

MGE Energy FCF Margin 2025: -10.8%

MGE Energy free cash flow margin in 2025 was -10.76%, contracted 16.8 percentage points from 2024.

MGE Energy FCF Margin 2024: 6.0%

2024's free cash flow margin for MGE Energy came in at 6.04%, expanded 3.8 percentage points from 2023.

MGE Energy FCF Margin 2023: 2.2%

MGE Energy posted free cash flow margin of 2.24% in 2023, expanded 5.2 percentage points from 2022.

MGE Energy FCF Margin 2022: -3.0%

In 2022, MGE Energy reported free cash flow margin of -2.98%, contracted 0.4 percentage points from 2021.

MGE Energy FCF Margin 2021: -2.6%

MGE Energy free cash flow margin in 2021 was -2.58%.

See more financial history for MGE Energy (MGEE).

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