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MGE Energy MGEE Regulatory assets

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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:RegulatoryAssetsCurrent.

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 regulatory assets?
MGE Energy (MGEE) reported regulatory assets of $11M in Q1 2026.
How has MGE Energy's regulatory assets changed year-over-year?
MGE Energy's regulatory assets increased by 36.9% year-over-year, from $8.03M to $11M.
What is the long-term trend for MGE Energy's regulatory assets?
Over 5 years (2020 to 2025), MGE Energy's regulatory assets has grown at a -9.7% compound annual growth rate (CAGR), from $14.75M to $8.88M.
What does regulatory assets mean?
Costs that have been deferred and are expected to be recovered from customers through future rate adjustments as authorized by regulatory commissions. These assets represent future cash inflows guaranteed by the regulatory framework. They are essential for understanding the long-term capital recovery profile of a regulated utility.