MGE Energy MGEE Debt-to-equity

Debt-to-equity at other companies

Xcel EnergyXEL

1.6×0.0×

WEC Energy GroupWEC

1.5×+0.2×

Chesapeake Utilities CorporationCPK

0.9×-0.1×

NorthWestern Energy Group, Inc.NWE

1.1×+0.1×

CMS

CMS EnergyCMS

2×0.0×

BKH

Black HillsBKH

1×-0.1×

FAQ

What is MGE Energy's debt-to-equity?

MGE Energy (MGEE) reported debt-to-equity of 0.6× in Q2 2026.

How has MGE Energy's debt-to-equity changed year-over-year?

MGE Energy's debt-to-equity increased by 5.1% year-over-year, from 0.6× to 0.6×.

What is the long-term trend for MGE Energy's debt-to-equity?

Over 5 years (2020 to 2025), MGE Energy's debt-to-equity has grown at a 2.8% compound annual growth rate (CAGR), from 0.6× to 0.7×.

What does debt-to-equity mean?

Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.