MGE Energy Quarterly Balance Sheet
NASDAQ: MGEEEnergyElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
MGE Energy financial position
As of Mar 31, 2026, MGE Energy reported total assets of $3.19 billion, up 12.1% from a year earlier against total liabilities of $1.84 billion. Shareholders' equity stood at $1.35 billion, or 42.4% of assets. The company held $9.5 million in cash and equivalents against $941.1 million of debt, a net debt position of $931.6 million.
The current ratio (current assets divided by current liabilities) was 1.15, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.70.
Summary generated from market data by MetaCap's automated system. Methodology
MGE Energy balance sheet (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 9.47M | 5.67M | 10.14M | 10.57M | 35.31M | 21.30M | 14.88M | 16.27M | 16.69M | 11.14M | 11.27M | 16.51M |
| Receivables | 59.01M | 57.56M | 41.49M | 43.31M | 53.08M | 51.28M | 44.63M | 42.96M | 45.34M | 46.73M | 43.82M | 41.02M |
| Total Current Assets | 211.13M | 228.55M | 195.03M | 198.25M | 222.35M | 227.26M | 210.32M | 222.23M | 221.75M | 238.20M | 216.41M | 222.53M |
| Property, Plant & Equipment | 2.61B | 2.57B | 2.47B | 2.34B | 2.30B | 2.29B | 2.23B | 2.20B | 2.14B | 2.13B | 2.07B | 2.04B |
| Total Assets | 3.19B | 3.16B | 2.99B | 2.86B | 2.84B | 2.83B | 2.75B | 2.72B | 2.67B | 2.68B | 2.59B | 2.56B |
| Accounts Payable | 57.29M | 117.67M | 67.06M | 50.34M | 48.02M | 77.47M | 45.71M | 49.83M | 41.59M | 65.45M | 53.59M | 38.57M |
| Short-Term Debt | 60.72M | 116.16M | 96.40M | 10.86M | 5.32M | 5.29M | 53.75M | 65.02M | 46.18M | 43.15M | 27.11M | 77.08M |
| Total Current Liabilities | 183.16M | 296.71M | 215.11M | 109.84M | 107.52M | 125.56M | 149.60M | 168.08M | 139.66M | 157.16M | 122.84M | 159.40M |
| Long-Term Debt | 880.34M | 792.21M | 745.05M | 761.27M | 762.49M | 763.70M | 715.27M | 716.46M | 717.65M | 718.82M | 690.03M | 651.65M |
| Total Liabilities | 1.84B | 1.85B | 1.69B | 1.59B | 1.58B | 1.60B | 1.55B | 1.56B | 1.52B | 1.54B | 1.46B | 1.45B |
| Shareholders' Equity | 1.35B | 1.30B | 1.30B | 1.27B | 1.26B | 1.23B | 1.20B | 1.17B | 1.16B | 1.14B | 1.14B | 1.11B |
| Retained Earnings | — | 832.43M | — | — | — | 764.13M | — | — | — | 707.16M | — | — |
| Total Debt | 941.07M | 908.37M | 841.44M | 772.13M | 767.81M | 768.98M | 769.02M | 781.48M | 763.83M | 761.97M | 717.14M | 728.73M |
| Net Cash (Debt) | -931.60M | -902.70M | -831.30M | -761.56M | -732.51M | -747.68M | -754.14M | -765.21M | -747.14M | -750.83M | -705.87M | -712.23M |
| Shares Outstanding | 36.75M | 36.54M | — | — | 36.54M | 36.49M | — | — | — | 36.16M | — | — |
This table shows 12 quarterly periods of MGE Energy's balance sheet, from Q1 2026 back to Q2 2023, across 15 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow MGEE's reporting calendar. What is a balance sheet?