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MGE Energy's revenue is $676.9 million.

What is MGE Energy's revenue?

MGE Energy's annual revenue is $676.9M. Zippia's data science team found the following key financial metrics about MGE Energy after extensive research and analysis.
  • MGE Energy's revenue growth from 2009 to 2024 is 26.81%.
  • MGE Energy has 706 employees, and the revenue per employee ratio is $958,844.
  • MGE Energy's peak quarterly revenue was $217.3M in 2023(q1).
  • MGE Energy peak revenue was $714.5M in 2022.
  • MGE Energy annual revenue for 2023 was 690.4M, -3.37% growth from 2022.
  • MGE Energy annual revenue for 2024 was 676.9M, -1.95% growth from 2023.

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Most recent quarter revenue
$171.4M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$714.5M (2022)
Company peak revenue
Revenue / employee
$958,844
Company revenue / employee

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Most recent quarter revenue
$171.4M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$714.5M (2022)
Company peak revenue
Revenue / employee
$958,844
Company revenue / employee

MGE Energy historical revenue

MGE Energy's peak revenue was $714.5M in 2022. The peak quarterly revenue was $217.3M in 2023(q1).

MGE Energy's revenue increased from $533.8m in 2009 to $676.9M currently. That's a 26.81% change in annual revenue.

MGE Energy annual revenue

$715M
$572M
$429M
$286M
$143M
$0
2019
2020
2021
2022
2023
2024

MGE Energy annual revenue over time

Fiscal year / yearMGE Energy revenue
2009$533.8M
2010$532.6M
2011$546.4M
2012$541.3M
2013$590.9M
2014$619.9M
2015$564.0M
2016$544.7M
2017$563.1M
2018$559.8M
2019$568.9M
2020$538.6M
2021$606.6M
2022$714.5M
2023$690.4M
2024$676.9M

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MGE Energy annual growth

MGE Energy saw the greatest revenue growth in 2022, when revenue increased by 17.79%.

MGE Energy had the lowest revenue growth in 2015, when revenue changed by -9.01%.

MGE Energy annual growth rate over time

YearMGE Energy growth
2010
-0%
2011
3%
2012
-1%
2013
9%
2014
5%
2015
-9%
2016
-3%
2017
3%
2018
-1%
2019
2%
2020
-5%
2021
13%
2022
18%
2023
-3%
2024
-2%

MGE Energy quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$217M
$174M
$130M
$87M
$43M
$0
2020
2021
2022
2023
2024

MGE Energy quarterly growth rate over time

YearQ1Q2Q3Q4
2011---$130.9M
2012$149.3M$117.2M$137.8M$137.0M
2013$167.2M$128.3M$140.1M$155.3M
2014$210.2M$128.8M$135.1M$145.7M
2015$170.1M$122.1M$140.8M$131.0M
2016$147.5M$121.6M$136.7M$138.9M
2017$156.8M$126.5M$139.5M$140.3M
2018$157.6M$124.3M$137.8M$140.1M
2019$167.6M$122.1M$138.2M$140.9M
2020$149.9M$117.0M$135.2M$136.5M
2021$167.9M$130.7M$145.9M$162.1M
2022$208.9M$152.3M$163.4M$189.8M
2023$217.3M$148.0M$160.5M$164.7M
2024$191.3M$145.7M$168.5M$171.4M

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MGE Energy financial information

CEOJeffrey M. Keebler
IndustryEnergy Equipment & Services
Company TypePublic
Employees Number706
Date Founded1855
HeadquartersMadison, Wisconsin
Number of Locations3
Revenue$676.9M
Net Income$110,952,000
Gross Proft$507.4M (2024)
EBITDA$272.7M (2024)
PE Ratio19.00
Tax Rate0.1%
Market Capitalization$2.3B
Total Assets$2,517,600,000
TickerMGEE

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MGE Energy competitors

MGE Energy's top competitor, Duke Energy, earned an annual revenue of $30.4B.

MGE Energy's smallest competitor is Energy Transfer Solutions with revenue of $8.5M last year.

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Zippia gives an in-depth look into the details of MGE Energy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about MGE Energy. The employee data is based on information from people who have self-reported their past or current employments at MGE Energy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by MGE Energy. The data presented on this page does not represent the view of MGE Energy and its employees or that of Zippia.

MGE Energy may also be known as or be related to MGE Energy, MGE Energy Inc, MGE Energy Inc., MGE Energy, Inc. and Mge Energy, Inc.