What is MGE Energy's current ratio?

MGE Energy (MGEE) reported current ratio of 1.2× in Q1 2026.

How has MGE Energy's current ratio changed year-over-year?

MGE Energy's current ratio decreased by 44.3% year-over-year, from 2.1× to 1.2×.

What is the long-term trend for MGE Energy's current ratio?

Over 5 years (2020 to 2025), MGE Energy's current ratio has grown at a -6.8% compound annual growth rate (CAGR), from 1.1× to 0.8×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

MGE Energy MGEE Current ratio

Current ratio at other companies

Xcel EnergyXEL

0.8×0.0×

WEC Energy GroupWEC

0.7×+0.2×

Chesapeake Utilities CorporationCPK

0.4×0.0×

NorthWestern Energy Group, Inc.NWE

0.7×-0.5×

CMS

CMS EnergyCMS

0.8×-0.2×

Essential UtilitiesWTRG

1×+0.3×

Other financials

Income statement

See full

Revenue$242.7M+10.8%

Operating income$53.2M+0.5%

Net income$48.5M+16.6%

EPS (diluted)$1.32+15.8%

Balance sheet

See full

Cash & equivalents$9.5M-73.2%

Total debt$920.6M+19.9%

Total equity$1.3B+7.2%

Total assets$3.2B+12.1%

Cash flow

See full

Operating cash flow$80.7M+3.6%

CapEx$101.1M+112%

Free cash flow-$20.4M-168%

Valuation

See full

Market cap$2.92B-16.7%

Enterprise value$3.83B-9.4%

P/E20.4×-6.9×

P/S3.8×-1.2×

Profitability

See full

Operating margin22.3%-0.2pp

Net margin18.6%+0.4pp

FCF margin-17%—

Returns & leverage

See full

Return on equity10.9%+0.3pp

Debt / equity0.7×+0.1×

Where this comes from

Calculated from MGE Energy’s reported figures.

total current assets/total current liabilities=1.2×

Based on the most recent quarter.

The official record: MGE Energy’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about MGE Energy's current ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is MGE Energy's current ratio?: MGE Energy (MGEE) reported current ratio of 1.2× in Q1 2026.
How has MGE Energy's current ratio changed year-over-year?: MGE Energy's current ratio decreased by 44.3% year-over-year, from 2.1× to 1.2×.
What is the long-term trend for MGE Energy's current ratio?: Over 5 years (2020 to 2025), MGE Energy's current ratio has grown at a -6.8% compound annual growth rate (CAGR), from 1.1× to 0.8×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.