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MGE Energy MGEE Return on invested capital

Return on invested capital at other companies

Xcel Energy logo
Xcel EnergyXEL
4.7%-0.2pp
WEC Energy Group logo
WEC Energy GroupWEC
6.4%-0.3pp
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Chesapeake Utilities CorporationCPK
6.4%+0.2pp
NorthWestern Energy Group, Inc. logo
NorthWestern Energy Group, Inc.NWE
5.2%-0.8pp
CMS
CMS EnergyCMS
5.1%-0.5pp
Essential Utilities logo
Essential UtilitiesWTRG
5.9%-0.5pp

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

Calculated from MGE Energy’s reported figures.

Based on trailing twelve months.

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 return on invested capital?
MGE Energy (MGEE) reported return on invested capital of 8% in Q1 2026.
How has MGE Energy's return on invested capital changed year-over-year?
MGE Energy's return on invested capital decreased by 1.2% year-over-year, from 8.1% to 8%.
What is the long-term trend for MGE Energy's return on invested capital?
Over 5 years (2020 to 2025), MGE Energy's return on invested capital has grown at a 1.4% compound annual growth rate (CAGR), from 7.6% to 8.1%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.