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MGE Energy MGEE Regulatory liabilities

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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:RegulatoryLiabilityCurrent.

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 liabilities?
MGE Energy (MGEE) reported regulatory liabilities of $28.18M in Q1 2026.
How has MGE Energy's regulatory liabilities changed year-over-year?
MGE Energy's regulatory liabilities increased by 50.4% year-over-year, from $18.74M to $28.18M.
What is the long-term trend for MGE Energy's regulatory liabilities?
Over 5 years (2020 to 2025), MGE Energy's regulatory liabilities has grown at a -10.8% compound annual growth rate (CAGR), from $41.66M to $23.49M.
What does regulatory liabilities mean?
Obligations to provide future rate credits or refunds to customers as mandated by regulatory authorities. These liabilities often arise from timing differences in cost recovery or specific regulatory accounting treatments. They represent a future reduction in revenue or cash flow, impacting the company's long-term financial position.