Latest period
36.62M
YoY change
+0.9%
5Y CAGR
+0.5%
Peak year (2025)
36.57M
Latest annual
36.57M
Shares Outstanding history chart for MGE Energy (MGEE) from 1985 to 2025
Latest: 36.57M
Shares Outstanding growth chart for MGE Energy (MGEE) from 1985 to 2025
Latest: +0.9%
Shares Outstanding history table for MGE Energy (MGEE) from 1985 to 2025
| 2025 | 36.57M | +0.9% | +332,000 | ||
| 2024 | 36.24M | +0.1% | +53,000 | ||
| 2023 | 36.19M | +0.0% | +12,000 | ||
| 2022 | 36.17M | +0.0% | +7,000 | ||
| 2021 | 36.17M | +1.6% | +555,000 | ||
| 2020 | 35.61M | +2.7% | +944,000 | ||
| 2019 | 34.67M | 0.0% | 0 | ||
| 2018 | 34.67M | 0.0% | 0 | ||
| 2017 | 34.67M | 0.0% | 0 | ||
| 2016 | 34.67M | 0.0% | 0 | ||
| 2015 | 34.67M | 0.0% | 0 | ||
| 2014 | 34.67M | 0.0% | 0 | ||
| 2013 | 34.67M | 0.0% | 0 | ||
| 2012 | 34.67M | 0.0% | 0 | ||
| 2011 | 34.67M | -0.0% | -3,000 | ||
| 2010 | 34.67M | +0.2% | +66,000 | ||
| 2009 | 34.60M | +3.9% | +1.31M | ||
| 2008 | 33.30M | +3.1% | +1.02M | ||
| 2007 | 32.28M | +4.6% | +1.43M | ||
| 2006 | 30.85M | +0.6% | +192,000 | ||
| 2005 | 30.65M | +6.9% | +1.98M | ||
| 2004 | 28.68M | +6.8% | +1.84M | ||
| 2003 | 26.84M | +3.4% | +874,500 | ||
| 2002 | 25.97M | +2.9% | +738,000 | ||
| 2001 | 25.23M | +2.7% | +655,500 | ||
| 2000 | 24.57M | +1.5% | +352,817 | ||
| 1999 | 24.22M | +0.4% | +89,748 | ||
| 1998 | 24.13M | +0.1% | +23,292 | ||
| 1997 | 24.11M | +0.1% | +16,234 | ||
| 1996 | 24.09M | +0.1% | +30,506 | ||
| 1995 | 24.06M | +0.2% | +40,795 | ||
| 1994 | 24.02M | -0.1% | -20,127 | ||
| 1993 | 24.04M | -0.7% | -167,162 | ||
| 1992 | 24.21M | +0.5% | +127,950 | ||
| 1991 | 24.08M | +1.5% | +365,712 | ||
| 1990 | 23.71M | +2.8% | +636,312 | ||
| 1989 | 23.08M | +2.8% | +633,314 | ||
| 1988 | 22.44M | +1.6% | +350,586 | ||
| 1987 | 22.09M | +0.0% | +6,409 | ||
| 1986 | 22.09M | +1.9% | +419,947 | ||
| 1985 | 21.67M | — | — |
- 202536.57M+0.9%
- 202436.24M+0.1%
- 202336.19M+0.0%
- 202236.17M+0.0%
- 202136.17M+1.6%
- 202035.61M+2.7%
- 201934.67M0.0%
- 201834.67M0.0%
- 201734.67M0.0%
- 201634.67M0.0%
- 201534.67M0.0%
- 201434.67M0.0%
- 201334.67M0.0%
- 201234.67M0.0%
- 201134.67M-0.0%
- 201034.67M+0.2%
- 200934.60M+3.9%
- 200833.30M+3.1%
- 200732.28M+4.6%
- 200630.85M+0.6%
- 200530.65M+6.9%
- 200428.68M+6.8%
- 200326.84M+3.4%
- 200225.97M+2.9%
- 200125.23M+2.7%
- 200024.57M+1.5%
- 199924.22M+0.4%
- 199824.13M+0.1%
- 199724.11M+0.1%
- 199624.09M+0.1%
- 199524.06M+0.2%
- 199424.02M-0.1%
- 199324.04M-0.7%
- 199224.21M+0.5%
- 199124.08M+1.5%
- 199023.71M+2.8%
- 198923.08M+2.8%
- 198822.44M+1.6%
- 198722.09M+0.0%
- 198622.09M+1.9%
- 198521.67M—
Shares Outstanding 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 Shares Outstanding at MGE Energy (MGEE)
According to MGE Energy's latest reported financial statements, the company's latest reported diluted shares outstanding is 36.62M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
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 diluted shares outstanding of 36.57M – edged up 0.9% year-over-year.
Across 2020–2025 (5 years), MGE Energy diluted shares outstanding produced a CAGR of +0.5% – sustaining 6 straight years of year-over-year growth.
2025 marks the peak diluted shares outstanding at 36.57M, with the historical low of 21.67M recorded in 1985.
MGE Energy Shares Outstanding by Year
MGE Energy Shares Outstanding 2025: 36.57M
2025's diluted shares outstanding for MGE Energy came in at 36.57M, edged up 0.9% from 2024. This figure represents the highest annual value in the available history.
MGE Energy Shares Outstanding 2024: 36.24M
MGE Energy posted diluted shares outstanding of 36.24M in 2024, edged up 0.1% from 2023.
MGE Energy Shares Outstanding 2023: 36.19M
In 2023, MGE Energy reported diluted shares outstanding of 36.19M, edged up 0.0% from 2022.
MGE Energy Shares Outstanding 2022: 36.17M
MGE Energy diluted shares outstanding in 2022 was 36.17M, edged up 0.0% from 2021.
MGE Energy Shares Outstanding 2021: 36.17M
MGE Energy diluted shares outstanding in 2021 was 36.17M.
See more financial history for MGE Energy (MGEE).
Sector peers by Shares Outstanding
Utilities peers of MGE Energy (MGEE), ranked by their latest diluted shares outstanding
| 2.09B | |
| 1.11B | |
| 855.30M | |
| 777.00M | |
| 652.70M | |
| 520.21M | |
| 314.00M | |
| 276.00M |
- 2.09B
- 855.30M
- 777.00M
- 652.70M
- 314.00M
- 276.00M
Frequently asked questions
MGE Energy (MGEE) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation