Net Income for MGE Energy (MGEE)
According to MGE Energy's latest reported financial statements, the company's current net income (TTM) is $135.89M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MGEE
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$135.89M
YoY change
+12.7%
5Y CAGR
+8.0%
Peak year (2025)
$135.89M
Cumulative net income
$2.13B
Net Income history chart for MGE Energy (MGEE) from 1985 to 2025
Net Income history table for MGE Energy (MGEE) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $135.89M | +12.7% | ||
| 2024 | $120.57M | +2.4% | ||
| 2023 | $117.70M | +6.1% | ||
| 2022 | $110.95M | +4.9% | ||
| 2021 | $105.76M | +14.4% | ||
| 2020 | $92.42M | +6.4% | ||
| 2019 | $86.87M | +3.2% | ||
| 2018 | $84.22M | -13.7% | ||
| 2017 | $97.61M | +29.2% | ||
| 2016 | $75.56M | +5.9% | ||
| 2015 | $71.34M | -11.2% | ||
| 2014 | $80.32M | +7.2% | ||
| 2013 | $74.91M | +16.2% | ||
| 2012 | $64.45M | +5.8% | ||
| 2011 | $60.93M | +5.6% | ||
| 2010 | $57.72M | +13.2% | ||
| 2009 | $51.00M | -3.4% | ||
| 2008 | $52.77M | +8.1% | ||
| 2007 | $48.83M | +15.1% | ||
| 2006 | $42.42M | +32.2% | ||
| 2005 | $32.09M | -5.2% | ||
| 2004 | $33.84M | +10.4% | ||
| 2003 | $30.64M | +5.0% | ||
| 2002 | $29.19M | +7.1% | ||
| 2001 | $27.25M | -0.4% | ||
| 2000 | $27.36M | +15.4% | ||
| 1999 | $23.70M | +6.8% | ||
| 1998 | $22.20M | -1.3% | ||
| 1997 | $22.50M | +251.6% | ||
| 1996 | $6.40M | -73.3% | ||
| 1995 | $24.00M | -4.0% | ||
| 1994 | $25.00M | +1.2% | ||
| 1993 | $24.70M | +3.8% | ||
| 1992 | $23.80M | -4.4% | ||
| 1991 | $24.90M | +13.2% | ||
| 1990 | $22.00M | +6.8% | ||
| 1989 | $20.60M | +0.5% | ||
| 1988 | $20.50M | +4.6% | ||
| 1987 | $19.60M | -1.0% | ||
| 1986 | $19.80M | -7.0% | ||
| 1985 | $21.30M | — |
Net Income 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
In 2025, MGE Energy (MGEE) net income totalled $135.89M – grew 12.7% year-over-year.
MGE Energy net income has grown for 7 consecutive years, with a +8.0% compound annual growth rate over 2020–2025 (5 years).
2025 marks the peak net income at $135.89M, with the historical low of $6.40M recorded in 1996.
MGE Energy (MGEE) sits 9th of 8 Utilities peers we track on this metric, against a peer median of $3.96B.
MGE Energy Net Income by Year
MGE Energy Net Income 2025: $135.89M
MGE Energy net income in 2025 was $135.89M, grew 12.7% from 2024. This figure represents the highest annual value in the available history.
MGE Energy Net Income 2024: $120.57M
MGE Energy net income in 2024 was $120.57M, edged up 2.4% from 2023.
MGE Energy Net Income 2023: $117.70M
MGE Energy net income in 2023 was $117.70M, grew 6.1% from 2022.
MGE Energy Net Income 2022: $110.95M
MGE Energy net income in 2022 was $110.95M, edged up 4.9% from 2021.
MGE Energy Net Income 2021: $105.76M
MGE Energy net income in 2021 was $105.76M.
See more financial history for MGE Energy (MGEE).
Sector peers — Net Income
Companies in the same sector as MGE Energy, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $6.83B | Utilities |
| Duke Energy Corporation (DUK) | $4.97B | Utilities |
| GE Vernova Inc. (GEV) | $4.88B | Utilities |
| The Southern Company (SO) | $4.34B | Utilities |
| American Electric Power Company, Inc. (AEP) | $3.58B | Utilities |
| Dominion Energy, Inc. (D) | $3.00B | Utilities |
| Constellation Energy Corporation (CEG) | $2.32B | Utilities |
| Sempra (SRE) | $1.84B | Utilities |
Frequently asked questions
What is MGE Energy's net income?
- Latest reported net income for MGE Energy (MGEE) is $135.89M (period ending December 31, 2025).
How has MGE Energy net income changed year-over-year?
- MGE Energy (MGEE) net income changed +12.7% year-over-year on the latest annual filing.
What is the long-term growth rate of MGE Energy net income?
- MGE Energy (MGEE) net income compound annual growth rate is +8.0% over the most recent 5 years available.
When did MGE Energy net income hit its highest annual value?
- MGE Energy net income reached its highest annual value of $135.89M in 2025.
What was MGE Energy net income in 2024?
- MGE Energy (MGEE) net income in 2024 was $120.57M.
What was MGE Energy net income in 2025?
- MGE Energy (MGEE) net income in 2025 was $135.89M.
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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