TTM
77.2%
YoY change
+56.12pp
Trough year (2012)
31.4%
Peak year (2025)
97.3%
Latest annual
97.3%
Gross Margin history chart for MGE Energy (MGEE) from 1994 to 2025
Latest: 97.3%
Gross Margin change chart for MGE Energy (MGEE) from 1994 to 2025
Latest: +56.12pp
Gross Margin history table for MGE Energy (MGEE) from 1994 to 2025
| 2025 | 97.3% | +56.12pp | ||
| 2024 | 41.2% | +2.22pp | ||
| 2023 | 39.0% | +4.83pp | ||
| 2022 | 34.1% | -1.07pp | ||
| 2021 | 35.2% | -2.66pp | ||
| 2020 | 37.9% | +2.29pp | ||
| 2019 | 35.6% | +1.62pp | ||
| 2018 | 33.9% | -1.77pp | ||
| 2017 | 35.7% | +0.30pp | ||
| 2016 | 35.4% | +2.02pp | ||
| 2015 | 33.4% | +1.38pp | ||
| 2014 | 32.0% | +0.63pp | ||
| 2013 | 31.4% | +0.01pp | ||
| 2012 | 31.4% | -29.39pp | ||
| 2011 | 60.8% | +1.50pp | ||
| 2010 | 59.3% | +5.16pp | ||
| 2009 | 54.1% | +4.60pp | ||
| 2008 | 49.5% | +0.68pp | ||
| 2007 | 48.8% | -0.79pp | ||
| 2006 | 49.6% | +6.65pp | ||
| 2005 | 43.0% | -7.58pp | ||
| 2004 | 50.5% | -0.85pp | ||
| 2003 | 51.4% | -3.59pp | ||
| 2002 | 55.0% | -1.67pp | ||
| 2001 | 56.7% | -2.38pp | ||
| 2000 | 59.0% | -3.03pp | ||
| 1999 | 62.1% | -2.95pp | ||
| 1998 | 65.0% | +6.55pp | ||
| 1997 | 58.5% | -0.30pp | ||
| 1996 | 58.8% | -3.58pp | ||
| 1995 | 62.3% | +1.49pp | ||
| 1994 | 60.9% | — |
- 202597.3%+56.12pp
- 202441.2%+2.22pp
- 202339.0%+4.83pp
- 202234.1%-1.07pp
- 202135.2%-2.66pp
- 202037.9%+2.29pp
- 201935.6%+1.62pp
- 201833.9%-1.77pp
- 201735.7%+0.30pp
- 201635.4%+2.02pp
- 201533.4%+1.38pp
- 201432.0%+0.63pp
- 201331.4%+0.01pp
- 201231.4%-29.39pp
- 201160.8%+1.50pp
- 201059.3%+5.16pp
- 200954.1%+4.60pp
- 200849.5%+0.68pp
- 200748.8%-0.79pp
- 200649.6%+6.65pp
- 200543.0%-7.58pp
- 200450.5%-0.85pp
- 200351.4%-3.59pp
- 200255.0%-1.67pp
- 200156.7%-2.38pp
- 200059.0%-3.03pp
- 199962.1%-2.95pp
- 199865.0%+6.55pp
- 199758.5%-0.30pp
- 199658.8%-3.58pp
- 199562.3%+1.49pp
- 199460.9%—
Gross 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 Gross Margin at MGE Energy (MGEE)
According to MGE Energy's latest reported financial statements, the company's latest reported gross margin is 77.2%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of MGE Energy (MGEE) gross margin is 97.31% – expanded 56.1 percentage points year-over-year.
2025 marks the peak gross margin at 97.31%, with the historical low of 31.37% recorded in 2012.
MGE Energy Gross Margin by Year
MGE Energy Gross Margin 2025: 97.3%
In 2025, MGE Energy reported gross margin of 97.31%, expanded 56.1 percentage points from 2024. This figure represents the highest annual value in the available history.
MGE Energy Gross Margin 2024: 41.2%
MGE Energy gross margin in 2024 was 41.19%, expanded 2.2 percentage points from 2023.
MGE Energy Gross Margin 2023: 39.0%
2023's gross margin for MGE Energy came in at 38.97%, expanded 4.8 percentage points from 2022.
MGE Energy Gross Margin 2022: 34.1%
MGE Energy posted gross margin of 34.14% in 2022, contracted 1.1 percentage points from 2021.
MGE Energy Gross Margin 2021: 35.2%
MGE Energy gross margin in 2021 was 35.21%.
See more financial history for MGE Energy (MGEE).
Sector peers by Gross Margin
Utilities peers of MGE Energy (MGEE), ranked by their latest gross margin
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MGE Energy (MGEE) Key Financials
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