MGE Energy (MGEE) vs Portland General Electric (POR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Portland General Electric (POR) has outperformed MGE Energy (MGEE) over the past year, gaining 3.3% versus a loss of 15.9%. Over five years, MGEE leads with a -6.1% price change compared with -6.1% for POR. Portland General Electric is the larger company by market cap ($5.32 billion vs $2.65 billion), about 2.0 times the size, while MGE Energy is growing revenue faster (+9.9% vs +4.0%).
On valuation, Portland General Electric trades at a lower forward P/E (12.6x vs 16.7x for MGE Energy). Portland General Electric offers the higher dividend yield (4.70% vs 2.71%). MGE Energy converts more of its revenue into profit, with a net margin of 18.3% versus 8.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MGEE | POR |
|---|---|---|
| Share price | $70.20 | $45.23 |
| Market cap | $2.65B | $5.32B |
| 1-day change | -0.75% | -0.26% |
| YTD return | -9.81% | -5.50% |
| 1-year return | -15.91% | +3.30% |
| 5-year return | -6.08% | -6.15% |
| P/E ratio (TTM) | 17.25 | 20.01 |
| Forward P/E | 16.73 | 12.60 |
| EPS (TTM) | $4.07 | $2.26 |
| Dividend yield | 2.71% | 4.70% |
| Annual dividend | $1.90 | $2.13 |
| Revenue (latest FY) | $743.65M | $3.58B |
| Revenue growth (YoY) | +9.85% | +3.95% |
| Net income (latest FY) | $135.89M | $306.00M |
| Operating margin | 22.95% | 15.52% |
| Net margin | 18.27% | 8.56% |
| 52-week high | $87.94 | $54.62 |
| 52-week low | $68.01 | $43.15 |
| Distance from 52-week high | -20.17% | -17.19% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +9.40% | +15.17% |
| Average volume | 180.60K | 1.24M |
| Shares outstanding | 37.75M | 117.61M |
| Employees | 726 | 2,877 |
| Sector | Energy | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Portland General Electric is about 2.0 times larger than MGE Energy by market value ($5.32B vs $2.65B).
- POR has outperformed MGEE by 19.2 percentage points over the past year.
- Portland General Electric offers a meaningfully higher dividend yield (4.70% vs 2.71%).
- MGE Energy is more profitable, keeping 18.3 cents of every revenue dollar as net income versus 8.6 cents for Portland General Electric.
- MGE Energy grew revenue faster in its latest fiscal year (+9.85% vs +3.95%).
- The two companies sit in different sectors: MGE Energy in Energy and Portland General Electric in Utilities.
About MGE Energy
MGEE stock →MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments.
Energy · Electric Utilities: Central · 726 employees
About Portland General Electric
POR stock →Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, four wind farms, and seven hydroelectric facilities.
Utilities · Electric Utilities: Central · 2,877 employees
MGEE vs POR FAQ
Which is bigger, MGE Energy or Portland General Electric?
Portland General Electric (POR) is larger, with a market capitalization of $5.32B compared with $2.65B for MGE Energy (MGEE).
Which stock has performed better over the past year, MGEE or POR?
POR returned +3.30% over the past 12 months, compared with -15.91% for MGEE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MGEE or POR?
MGEE has the lower trailing P/E at 17.2, versus 20.0 for POR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, MGE Energy or Portland General Electric?
Portland General Electric has the higher yield at 4.70%, compared with 2.71% for MGE Energy.
Are MGE Energy and Portland General Electric in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Energy sector.