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MGE Energy MGEE Transmission Investment — Income Tax Expense Benefit

Other segment segments

Gas
$5.26M+5.5%
Electric
-$2.98M-56.7%
Non Regulated Energy
$2.35M+4.1%
Corporate And Other
$261K+193%

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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:IncomeTaxExpenseBenefit.

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 transmission investment — income tax expense benefit?
MGE Energy (MGEE) reported transmission investment — income tax expense benefit of $965K in Q1 2026.
How has MGE Energy's transmission investment — income tax expense benefit changed year-over-year?
MGE Energy's transmission investment — income tax expense benefit increased by 11.3% year-over-year, from $867K to $965K.
What is the long-term trend for MGE Energy's transmission investment — income tax expense benefit?
Over 4 years (2021 to 2025), MGE Energy's transmission investment — income tax expense benefit has grown at a 9.3% compound annual growth rate (CAGR), from $2.49M to $3.55M.
What does transmission investment — income tax expense benefit mean?
Represents the provision for income taxes or tax benefits recognized by the transmission investment segment. This reflects the tax impact of the segment's profitability on the overall corporate tax liability. It is a necessary component for calculating the segment's contribution to net income on an after-tax basis.