What is MGE Energy's construction work in progress?

MGE Energy (MGEE) reported construction work in progress of $326.4M in Q1 2026.

How has MGE Energy's construction work in progress changed year-over-year?

MGE Energy's construction work in progress increased by 287.6% year-over-year, from $84.22M to $326.4M.

What is the long-term trend for MGE Energy's construction work in progress?

Over 5 years (2020 to 2025), MGE Energy's construction work in progress has grown at a 16.1% compound annual growth rate (CAGR), from $139.1M to $292.97M.

MGE Energy MGEE Construction work in progress

Construction work in progress at other companies

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Segments

By segment

See full

Non Regulated Energy$4.66M+30.7%

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

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

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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:ConstructionInProgressGross.

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 construction work in progress?: MGE Energy (MGEE) reported construction work in progress of $326.4M in Q1 2026.
How has MGE Energy's construction work in progress changed year-over-year?: MGE Energy's construction work in progress increased by 287.6% year-over-year, from $84.22M to $326.4M.
What is the long-term trend for MGE Energy's construction work in progress?: Over 5 years (2020 to 2025), MGE Energy's construction work in progress has grown at a 16.1% compound annual growth rate (CAGR), from $139.1M to $292.97M.