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MGE Energy MGEE Gas — Interest Expense Operating

Other segment segments

Electric
-$8.08M-24.4%
Non Regulated Energy
-$836K+7.7%
Corporate And Other
$0
Transmission Investment
$0

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Other financials

Income statement

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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

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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

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Operating cash flow$80.7M+3.6%
CapEx$101.1M+112%
Free cash flow-$20.4M-168%

Valuation

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Market cap$2.92B-16.7%
Enterprise value$3.83B-9.4%
P/E20.4×-6.9×
P/S3.8×-1.2×

Profitability

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Operating margin22.3%-0.2pp
Net margin18.6%+0.4pp
FCF margin-17%

Returns & leverage

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Return on equity10.9%+0.3pp
Debt / equity0.7×+0.1×
Current ratio1.2×-0.9×

Where this comes from

Reported directly by MGE Energy in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOperating.

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

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Questions, answered.

What is MGE Energy's gas — interest expense operating?
MGE Energy (MGEE) reported gas — interest expense operating of -$2.22M in Q1 2026.
How has MGE Energy's gas — interest expense operating changed year-over-year?
MGE Energy's gas — interest expense operating decreased by 26.1% year-over-year, from -$1.76M to -$2.22M.
What is the long-term trend for MGE Energy's gas — interest expense operating?
Over 3 years (2022 to 2025), MGE Energy's gas — interest expense operating has grown at a 14.9% compound annual growth rate (CAGR), from -$4.87M to -$7.39M.
What does gas — interest expense operating mean?
This metric quantifies the interest costs directly attributable to the financing of the gas segment's operational assets and liabilities. It highlights the cost of capital required to maintain the segment's infrastructure and ongoing business activities.