MGE Energy, Inc.

MGE Energy, Inc.verified

MGEE

Price:

$90.95

Market Cap:

$3.29B

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other. The company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in Wisconsin and Iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources, as well as purchases power under short and long-term commitments. As of Decembe...[Read more]

Industry

Diversified Utilities

IPO Date

1980-03-17

Stock Exchange

NASDAQ

Ticker

MGEE

The Current Ratio as of October 2024 (TTM) for MGE Energy, Inc. (MGEE) is 1.32

According to MGE Energy, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.32. This represents a change of -14.52% compared to the average of 1.55 of the last 4 quarters.

MGE Energy, Inc. (MGEE) Historical Current Ratio (quarterly & annually)

How has MGEE Current Ratio performed in the past?

The mean historical Current Ratio of MGE Energy, Inc. over the last ten years is 1.96. The current 1.32 Current Ratio has changed 6.65% with respect to the historical average. Over the past ten years (40 quarters), MGEE's Current Ratio was at its highest in in the March 2015 quarter at 3.29. The Current Ratio was at its lowest in in the September 2022 quarter at 1.03.

Quarterly (TTM)
Annual

Average

1.96

Median

1.84

Minimum

1.08

Maximum

3.03

MGE Energy, Inc. (MGEE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MGE Energy, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 54.16%

Maximum Annual Current Ratio = 3.03

Minimum Annual Increase = -36.05%

Minimum Annual Current Ratio = 1.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.5240.10%
20221.08-36.05%
20211.6954.16%
20201.10-22.17%
20191.41-29.29%
20181.99-13.19%
20172.30-13.70%
20162.66-12.08%
20153.037.29%
20142.8223.65%

MGE Energy, Inc. (MGEE) Average Current Ratio

How has MGEE Current Ratio performed in the past?

The current Current Ratio of MGE Energy, Inc. (MGEE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.43

5-year avg

1.36

10-year avg

1.96

MGE Energy, Inc. (MGEE) Current Ratio vs. Peers

How is MGEE’s Current Ratio compared to its peers?

MGE Energy, Inc.’s Current Ratio is greater than CMS Energy Corporation (1.18), greater than Ameren Corporation (0.67), greater than Pinnacle West Capital Corporation (0.55), greater than Evergy, Inc. (0.59), greater than Portland General Electric Company (1.00), greater than PNM Resources, Inc. (0.47), greater than OGE Energy Corp. (0.71), less than IDACORP, Inc. (1.55), greater than Alliant Energy Corporation (0.65), greater than DTE Energy Company (0.69), greater than CenterPoint Energy, Inc. (1.20), greater than Avangrid, Inc. (0.52),

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