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MGE Energy MGEE Utility taxes

Utility taxes at other companies

Essential Utilities logo
Essential UtilitiesWTRG
$25.98M+13.6%
MGE Energy logo
MGE EnergyMGEE
$6.3M+5.7%
OGS
ONE GASOGS
$24.81M-1.7%
Avista logo
AvistaAVA
$35M-2.8%
AWR
American States WaterAWR
$8.02M+15.4%
Spire logo
SpireSR
$83.1M+9.5%

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:UtilitiesOperatingExpenseTaxes.

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 utility taxes?
MGE Energy (MGEE) reported utility taxes of $6.3M in Q1 2026.
How has MGE Energy's utility taxes changed year-over-year?
MGE Energy's utility taxes increased by 5.7% year-over-year, from $5.96M to $6.3M.
What is the long-term trend for MGE Energy's utility taxes?
Over 4 years (2021 to 2025), MGE Energy's utility taxes has grown at a 5.5% compound annual growth rate (CAGR), from $19.27M to $23.92M.
What does utility taxes mean?
This captures taxes incurred by the utility that are not based on net income, such as property taxes, payroll taxes, and gross receipts taxes. These are essential operating costs that must be managed alongside other utility expenses. They provide insight into the company's tax burden and its relationship with local and state taxing authorities.