MGEE MGE Energy Inc. - Common Stock
NASDAQ · Utilities · View on SEC EDGAR ↗ 10-K/10-Q Aug 5, 2026MGEE Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| Feb. 10, 2014 | 3-for-2 | Forward |
| Feb. 21, 1996 | 3-for-2 | Forward |
| Jan. 22, 1992 | 3-for-2 | Forward |
About MGE Energy Inc. - Common Stock Company overview from Wikipedia
MGE Energy: MGE Energy, Inc. (Nasdaq: MGEE) is a utility holding company based in Madison, Wisconsin. Its main subsidiary, Madison Gas and Electric Co., produces and distributes electricity and distributes natural gas.
Subsidiaries
MGE Energy is the parent corporation and holding company of eight subsidiaries.
Madison Gas and Electric Co. (MGE), a regulated utility, and its divisions, which serve natural gas and electric customers in south-central and south-western Wisconsin. MGE has 146,000 electric customers and 152,000 natural gas customers.
MGE Power, which owns assets in the West Campus Cogeneration Facility at Madison, Wis., and the Elm Road Generating Station at Oak Creek, Wis.
MGE Transco Investment, which owns interest in the American Transmission Co. through its members, MGE and MGE Energy
MGE Services provides construction and other services
Central Wisconsin Development Corp. promotes business growth in MGE's service area
MAGAEL holds title to properties acquired for future utility plant expansion
North Mendota Energy & Technology Park owns property and serves as the development entity for the property
History
The company's history in the Madison area date back more than 150 years. In 1888, as the renamed Madison Electric Co., it began delivering electric service. In 1892, the Four Lakes Light and Power Co. succeeded Madison Electric Co. and operated as Madison's electricity provider for the next four years. In 1896, the local utility incorporated to become Madison Gas and Electric Co.
In 2001, the company formed a holding company named MGE Energy, Inc. − and Madison Gas and Electric Co. became its main subsidiary.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | MGEE | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E | 19.95Y avg ≈24.5 | ≈24.5 | 15.2 | Overvalued | |
| P/S | -80.15Y avg ≈-98.7 | ≈-98.7 | · | · | |
| P/B (MRQ) | 1.95Y avg ≈2.5 | ≈2.5 | 2.1 | Fair value | |
| EV / EBITDA | 21.25Y avg ≈25.5 | ≈25.5 | 14.4 | Overvalued | |
| Price / FCF (TTM) | -16.95Y avg ≈-18.6 | ≈-18.6 | · | · | |
| Price / Cash Flow (TTM) | 10.05Y avg ≈14.5 | ≈14.5 | 8.8 | Overvalued | |
| EV / Revenue | -106.85Y avg ≈-123.8 | ≈-123.8 | · | · | |
| EV / FCF | -45.15Y avg ≈-21.8 | ≈-21.8 | · | · | |
| Price / Tangible Book | 2.15Y avg ≈2.5 | ≈2.5 | · | · | |
| PEG Ratio | ≈2.7 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | MGEE | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin | -504.9%5Y avg ≈-486.7% | ≈-486.7% | 14.9% | Weak | |
| EBITDA Margin | -504.9%5Y avg ≈-486.7% | ≈-486.7% | 29.8% | Weak | |
| Net Profit Margin | -402.1%5Y avg ≈-402.0% | ≈-402.0% | 8.3% | Weak | |
| ROA | 4.5%5Y avg ≈4.5% | ≈4.5% | 3.4% | Top tier | |
| ROE | 10.6%5Y avg ≈10.3% | ≈10.3% | 9.7% | In line |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | MGEE | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.65Y avg ≈0.7 | ≈0.7 | 0.4 | Above avg | |
| Current Ratio (MRQ) | 1.15Y avg ≈1.4 | ≈1.4 | 1.1 | In line | |
| Quick Ratio | 0.25Y avg ≈0.4 | ≈0.4 | 0.4 | Low liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.65Y avg ≈0.6 | ≈0.6 | 0.6 | In line |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | MGEE | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| EPS YoY | 11.7%5Y avg ≈7.5% | ≈7.5% | · | · | |
| Net Income YoY | 12.7%5Y avg ≈8.1% | ≈8.1% | · | · | |
| EPS CAGR 3Y | 6.6%5Y avg ≈6.3% | ≈6.3% | · | · | |
| EPS CAGR 5Y | 7.4% | · | · | · | |
| Net Income CAGR 3Y | 7.0%5Y avg ≈6.6% | ≈6.6% | · | · | |
| Net Income CAGR 5Y | 8.0% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | MGEE | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | -0.05Y avg ≈-0.0 | ≈-0.0 | 0.3 | Weak | |
| Receivables Turnover | -0.65Y avg ≈-0.6 | ≈-0.6 | 7.0 | Weak |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Sep 1, 2026 | $0.51 | USD | ≈2.5% |
| Jun 1, 2026 | $0.48 | USD | ≈2.6% |
| Feb 27, 2026 | $0.48 | USD | ≈2.3% |
| Dec 1, 2025 | $0.48 | USD | ≈2.3% |
| Aug 29, 2025 | $0.48 | USD | ≈2.1% |
| May 30, 2025 | $0.45 | USD | ≈2.0% |
| Feb 28, 2025 | $0.45 | USD | ≈1.9% |
| Nov 29, 2024 | $0.45 | USD | ≈1.7% |
| Aug 30, 2024 | $0.45 | USD | ≈2.0% |
| May 31, 2024 | $0.43 | USD | ≈2.1% |
| Feb 29, 2024 | $0.43 | USD | ≈2.7% |
| Nov 30, 2023 | $0.43 | USD | ≈2.3% |
| Aug 31, 2023 | $0.43 | USD | ≈2.3% |
| May 31, 2023 | $0.41 | USD | ≈2.3% |
| Feb 28, 2023 | $0.41 | USD | ≈2.3% |
| Nov 30, 2022 | $0.41 | USD | ≈2.2% |
| Aug 31, 2022 | $0.41 | USD | ≈2.0% |
| May 31, 2022 | $0.39 | USD | ≈2.0% |
| Feb 28, 2022 | $0.39 | USD | ≈2.1% |
| Nov 30, 2021 | $0.39 | USD | ≈2.1% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 4, 2026 | $0.89 | $0.79 | 13.3% |
| March 31, 2026 | $1.32 | $1.15 | 14.5% | |
| Dec. 31, 2025 | $0.64 | $0.65 | -2.0% | |
| Sept. 30, 2025 | $1.22 | $1.21 | 0.51% | |
| June 30, 2025 | $0.72 | $0.74 | -3.3% | |
| March 31, 2025 | $1.14 | $1.07 | 6.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income | $171M | $146M | $146M | $138M | $117M | $110M | $111M | $114M | $125M | $124M | $124M | $138M | |
| Other Non-op | $20M | $18M | $30M | $26M | $17M | $25M | $19M | $17M | $14M | $14M | $9M | $10M | |
| Income Tax | $21M | $11M | $28M | $26M | $4M | $19M | $20M | $27M | $22M | $43M | $41M | $48M | |
| Net Income | $136M | $121M | $118M | $111M | $106M | $92M | $87M | $84M | $98M | $76M | $71M | $80M | |
| EPS (Basic) | $3.72 | $3.33 | $3.25 | $3.07 | $2.92 | $2.60 | $2.51 | · | · | · | · | · | |
| EPS (Diluted) | $3.72 | $3.33 | $3.25 | $3.07 | $2.92 | $2.60 | $2.51 | · | · | · | · | · | |
| Shares (Basic) | 36,534,000 | 36,210,000 | 36,163,000 | 36,163,000 | 36,163,000 | 35,612,000 | 34,668,000 | · | · | · | · | · | |
| Shares (Diluted) | 36,571,000 | 36,239,000 | 36,186,000 | 36,174,000 | 36,167,000 | 35,612,000 | 34,668,000 | · | · | · | · | · | |
| EBITDA | $171M | $146M | $146M | $138M | $117M | $110M | $111M | $114M | $129M | $128M | $124M | $138M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $6M | $21M | $11M | $12M | $17M | $45M | $23M | $83M | $108M | $96M | $81M | $66M | |
| Receivables | $58M | $51M | $47M | $55M | $46M | $41M | $40M | $44M | $42M | $40M | $37M | $42M | |
| Other Current Assets | $17M | $14M | $16M | $19M | $11M | $11M | $10M | $9M | $13M | $12M | $11M | $11M | |
| Current Assets | $229M | $227M | $238M | $243M | $199M | $210M | $182M | $241M | $291M | $276M | $255M | $250M | |
| PP&E (Net) | $2.57B | $2.29B | $2.13B | $1.97B | $1.88B | $1.77B | $1.64B | $1.51B | $1.34B | $1.28B | $1.24B | $1.21B | |
| Other Non-current Assets | $18M | $26M | $21M | $24M | $28M | $22M | $19M | $12M | $731.0K | $1M | $1M | $5M | |
| Total Assets | $3.16B | $2.83B | $2.68B | $2.52B | $2.37B | $2.25B | $2.08B | $1.99B | $1.86B | $1.80B | $1.73B | $1.69B | |
| Accounts Payable | $118M | $77M | $65M | $59M | $64M | $55M | $55M | $46M | $48M | $48M | $41M | $42M | |
| Short-term Debt | $95M | $0 | $38M | $70M | $6M | $52M | $0 | $13M | $4M | $0 | $0 | $7M | |
| Current Liabilities | $297M | $126M | $157M | $225M | $118M | $191M | $129M | $121M | $127M | $104M | $84M | $90M | |
| Capital Leases | $8M | $8M | $8M | $8M | $8M | $6M | $496.0K | · | · | · | · | · | |
| Deferred Tax | $338M | $316M | $279M | $252M | $231M | $231M | $243M | $232M | $225M | $384M | $361M | $339M | |
| Other Non-current Liabilities | $63M | $65M | $62M | $47M | $92M | $72M | $63M | $66M | $69M | $66M | $62M | $50M | |
| Long-term Debt | $814M | $769M | $724M | $640M | $619M | $524M | $543M | $498M | $423M | $387M | $396M | $400M | |
| Total Debt | $908M | $769M | $762M | $710M | $625M | $577M | $543M | $511M | $427M | $387M | $395M | $406M | |
| Common Stock | $37M | $36M | $36M | $36M | $36M | $36M | $35M | $35M | $35M | $35M | $35M | $35M | |
| Paid-in Capital | $435M | $430M | $397M | $396M | $395M | $394M | $316M | $316M | $316M | $316M | $316M | $316M | |
| Retained Earnings | $832M | $764M | $707M | $650M | $596M | $545M | $505M | $466M | $427M | $373M | $339M | $308M | |
| AOCI | · | · | · | · | · | · | · | $0 | $377.0K | $202.0K | $357.0K | $458.0K | |
| Stockholders' Equity | $1.30B | $1.23B | $1.14B | $1.08B | $1.03B | $976M | $856M | $817M | $778M | $724M | $690M | $659M | |
| Liabilities + Equity | $3.16B | $2.83B | $2.68B | $2.52B | $2.37B | $2.25B | $2.08B | $1.99B | $1.86B | $1.80B | $1.73B | $1.69B | |
| Shares Outstanding | 36,541,849 | 36,489,641 | 36,163,000 | 36,163,000 | 36,163,000 | 36,163,000 | 34,668,000 | 34,668,000 | 34,668,000 | 34,668,000 | 34,668,000 | 34,668,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Tax | $8M | $608.0K | $23M | $23M | $5M | $10M | $7M | $4M | $-4M | $22M | $22M | $50M | |
| Operating Cash Flow | $263M | $278M | $238M | $154M | $138M | $172M | $130M | $153M | $131M | $148M | $141M | $129M | |
| CapEx | $343M | $237M | $222M | $175M | $153M | $203M | $164M | $212M | $108M | $84M | $72M | $93M | |
| Investing Cash Flow | $-351M | $-241M | $-230M | $-180M | $-157M | $-210M | $-172M | $-218M | $-116M | $-87M | $-73M | $-96M | |
| Debt Issued | $50M | $50M | $139M | $25M | $100M | $19M | $50M | $100M | $70M | $0 | $0 | $0 | |
| Net Debt Issued | $45M | $45M | $85M | $20M | $95M | $-20M | $45M | $76M | $36M | $-4M | $-4M | $-4M | |
| Stock Issued | $4M | $32M | $0 | $0 | $0 | $80M | $0 | $0 | · | · | · | · | |
| Net Stock Activity | $4M | $32M | · | $0 | $0 | $80M | · | · | · | · | · | · | |
| Dividends Paid | $68M | $64M | $60M | $58M | $55M | $52M | $48M | $46M | $44M | $42M | $40M | $38M | |
| Financing Cash Flow | $72M | $-27M | $-10M | $26M | $-9M | $59M | $-17M | $38M | $-5M | $-46M | $-52M | $-36M | |
| Net Change in Cash | $-16M | $9M | $-3M | $-867.0K | $-28M | $21M | $-59M | $-27M | $10M | $15M | $16M | $-3M | |
| Taxes Paid | · | $-13M | $10M | $3M | $4M | · | · | · | · | · | · | · | |
| Free Cash Flow | $-80M | $41M | $15M | $-21M | $-16M | $-31M | $-34M | $-59M | $25M | $64M | $69M | $36M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -504.9% | -444.2% | -481.1% | -516.9% | -486.4% | -467.6% | -480.9% | -582.4% | -666.2% | -645.5% | -616.3% | -702.0% | |
| Net Margin | -402.1% | -366.1% | -386.8% | -416.4% | -438.6% | -392.9% | -376.7% | -429.5% | -505.1% | -380.4% | -353.9% | -408.3% | |
| EBITDA Margin | -504.9% | -444.2% | -481.1% | -516.9% | -486.4% | -467.6% | -480.9% | -582.4% | -666.2% | -645.5% | -616.3% | -702.0% | |
| ROA | 4.5% | 4.4% | 4.5% | 4.5% | 4.6% | 4.3% | 4.3% | 4.4% | 5.3% | 4.3% | 4.2% | 4.9% | |
| ROE | 10.6% | 9.9% | 10.3% | 10.3% | 10.3% | 9.5% | 10.2% | 10.3% | 12.8% | 10.5% | 10.3% | 12.2% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.8 | 1.8 | 1.5 | 1.1 | 1.7 | 1.1 | 1.4 | 2.0 | 2.3 | 2.7 | 3.0 | 2.8 | |
| Quick Ratio | 0.2 | 0.6 | 0.4 | 0.3 | 0.5 | 0.5 | 0.5 | 1.1 | 1.2 | 1.3 | 1.4 | 1.2 | |
| Debt / Equity | 0.7 | 0.6 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 | |
| LT Debt / Equity | 0.6 | 0.6 | 0.6 | 0.5 | 0.6 | 0.5 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | |
| Receivables Turnover | -0.6 | -0.7 | -0.6 | -0.5 | -0.6 | -0.6 | -0.5 | -0.5 | -0.5 | -0.5 | -0.5 | -0.5 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $35.68 | $33.71 | $31.53 | $29.91 | $28.41 | $26.99 | $24.68 | $23.56 | $22.45 | $20.89 | $19.92 | $19.02 | |
| Revenue / Share | $-0.92 | $-0.91 | $-0.84 | $-0.74 | $-0.67 | · | · | · | · | · | · | · | |
| Cash Flow / Share | $7.20 | $7.67 | $6.57 | $4.25 | $3.80 | · | · | · | · | · | · | · | |
| Cash / Share | $0.16 | $0.58 | $0.31 | $0.32 | $0.48 | $1.24 | $0.68 | $2.40 | $3.11 | $2.77 | $2.35 | $1.90 | |
| Dividend Paid / Share | $1.85 | $1.76 | $1.67 | $1.59 | $1.52 | $1.45 | $1.38 | $1.32 | $1.26 | $1.21 | $1.16 | $1.11 | |
| EPS (TTM) | $3.72 | $3.33 | $3.25 | $3.07 | $2.92 | $2.60 | $2.51 | · | · | · | · | · |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS YoY | 11.7% | 2.5% | 5.9% | 5.1% | 12.3% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 6.6% | 4.5% | 7.7% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 7.4% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 12.7% | 2.4% | 6.1% | 4.9% | 14.4% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 7.0% | 4.5% | 8.4% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 8.0% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 5.5% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $-34M | $-33M | $-30M | $-27M | $-24M | $-24M | $-23M | $-20M | $-19M | $-20M | $-20M | $-20M | |
| Net Income TTM | $136M | $121M | $118M | $111M | $106M | $92M | $87M | $84M | $98M | $76M | $71M | $80M | |
| Market Cap | $2.87B | $3.43B | $2.61B | $2.55B | $2.97B | $2.53B | $2.73B | $2.08B | $2.19B | $2.26B | $1.61B | $1.58B | |
| Enterprise Value | $3.77B | $4.18B | $3.37B | $3.24B | $3.58B | $3.06B | $3.25B | $2.51B | $2.51B | $2.55B | $1.92B | $1.92B | |
| P/E | 21.1 | 28.2 | 22.2 | 22.9 | 28.2 | 26.9 | 31.4 | · | · | · | · | · | |
| P/S | -84.8 | -104.1 | -85.9 | -95.5 | -123.4 | -107.7 | -118.5 | -106.0 | -113.2 | -114.0 | -79.8 | -80.4 | |
| P/B | 2.2 | 2.8 | 2.3 | 2.4 | 2.9 | 2.6 | 3.2 | 2.5 | 2.8 | 3.1 | 2.3 | 2.4 | |
| P / Tangible Book | 2.2 | 2.8 | 2.3 | 2.4 | 2.9 | 2.6 | · | · | · | · | · | · | |
| P / Cash Flow | 10.9 | 12.3 | 11.0 | 16.6 | 21.6 | 14.7 | 20.9 | 13.6 | 16.4 | 15.3 | 11.4 | 12.3 | |
| P / FCF | -35.8 | 83.9 | 168.8 | -119.6 | -190.2 | -82.5 | -81.4 | -35.1 | 88.0 | 35.5 | 23.3 | 43.8 | |
| EV / EBITDA | 22.1 | 28.6 | 23.0 | 23.6 | 30.5 | 27.9 | 29.3 | 21.9 | 19.5 | 19.9 | 15.5 | 13.9 | |
| EV / FCF | -47.1 | 102.2 | 217.3 | -152.4 | -229.0 | -99.8 | -96.9 | -42.4 | 100.8 | 40.0 | 27.8 | 53.3 | |
| EV / Revenue | -111.5 | -126.8 | -110.6 | -121.8 | -148.5 | -130.3 | -141.0 | -127.8 | -129.7 | -128.6 | -95.4 | -97.7 | |
| Dividend Yield | 2.4% | 1.8% | 2.3% | 2.3% | 1.8% | 2.0% | 1.8% | 2.2% | 2.0% | 1.8% | 2.5% | 2.4% | |
| Earnings Yield | 4.7% | 3.5% | 4.5% | 4.4% | 3.5% | 3.7% | 3.2% | · | · | · | · | · | |
| Payout Ratio | 49.7% | 52.8% | 51.3% | 51.8% | 51.8% | 56.0% | 55.1% | 54.3% | 44.8% | 55.3% | 56.1% | 47.9% | |
| Annual Payout | $68M | $64M | $60M | $58M | $55M | $52M | $48M | $46M | $44M | $42M | $40M | $38M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income | $33M | $53M | $32M | $51M | $34M | $53M | $28M | $48M | $30M | $41M | $24M | $44M | $38M | $40M | $42M | $25M | |
| Other Non-op | $14M | $11M | $4M | $10M | $4M | $3M | $5M | $5M | $4M | $4M | $9M | $11M | $5M | $5M | $6M | $8M | |
| Income Tax | $4M | $6M | $4M | $8M | $3M | $6M | $3M | $4M | $1M | $3M | $5M | $9M | $7M | $7M | $8M | $5M | |
| Net Income | $33M | $48M | $23M | $44M | $26M | $42M | $22M | $41M | $24M | $34M | $20M | $38M | $29M | $31M | $34M | $22M | |
| EPS (Basic) | $0.89 | $1.32 | $0.63 | $1.22 | $0.73 | $1.14 | $0.61 | $1.13 | $0.66 | $0.93 | $0.55 | $1.05 | $0.79 | $0.86 | $0.93 | $0.60 | |
| EPS (Diluted) | $0.89 | $1.32 | $0.64 | $1.22 | $0.72 | $1.14 | $0.61 | $1.13 | $0.66 | $0.93 | $0.55 | $1.05 | $0.79 | $0.86 | $0.93 | $0.60 | |
| Shares (Basic) | 37,351,000 | 36,590,000 | · | 36,542,000 | 36,540,000 | 36,511,000 | · | 36,181,000 | 36,176,000 | 36,171,000 | · | 36,163,000 | 36,163,000 | 36,163,000 | 36,163,000 | 36,163,000 | |
| Shares (Diluted) | 37,456,000 | 36,620,000 | · | 36,576,000 | 36,569,000 | 36,539,000 | · | 36,211,000 | 36,197,000 | 36,189,000 | · | 36,189,000 | 36,186,000 | 36,180,000 | 36,176,000 | 36,174,000 | |
| EBITDA | $33M | $53M | · | $51M | $34M | $53M | · | $48M | $30M | $41M | · | $44M | $38M | $40M | $42M | $25M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $17M | $9M | $6M | $10M | $11M | $35M | $21M | $15M | $16M | $17M | · | $11M | $17M | $15M | $11M | $23M | |
| Receivables | $42M | $59M | $58M | $41M | $43M | $53M | $51M | $45M | $43M | $45M | · | $44M | $41M | $53M | $44M | $41M | |
| Other Current Assets | $15M | $15M | $17M | $15M | $14M | $13M | $14M | $15M | $14M | $13M | · | $15M | $15M | $14M | $16M | $12M | |
| Current Assets | $211M | $211M | $229M | $195M | $198M | $222M | $227M | $210M | $222M | $222M | · | $216M | $223M | $223M | $200M | $195M | |
| PP&E (Net) | $2.71B | $2.61B | $2.57B | $2.47B | $2.34B | $2.30B | $2.29B | $2.23B | $2.20B | $2.14B | · | $2.07B | $2.04B | $2.00B | $1.95B | $1.93B | |
| Other Non-current Assets | $20M | $19M | $18M | $19M | $19M | $27M | $26M | $22M | $21M | $21M | · | $21M | $22M | $23M | $25M | $25M | |
| Total Assets | $3.30B | $3.19B | $3.16B | $2.99B | $2.86B | $2.84B | $2.83B | $2.75B | $2.72B | $2.67B | · | $2.59B | $2.56B | $2.52B | $2.47B | $2.44B | |
| Accounts Payable | $67M | $57M | $118M | $67M | $50M | $48M | $77M | $46M | $50M | $42M | · | $54M | $39M | $39M | $60M | $89M | |
| Short-term Debt | $35M | $40M | $95M | $76M | $6M | · | $0 | $48M | $60M | $41M | · | $22M | $42M | $33M | $40M | $0 | |
| Current Liabilities | $186M | $183M | $297M | $215M | $110M | $108M | $126M | $150M | $168M | $140M | · | $123M | $159M | $146M | $195M | $161M | |
| Capital Leases | · | · | $8M | · | · | · | $8M | · | · | · | · | · | · | · | · | · | |
| Deferred Tax | $340M | $344M | $338M | $321M | $316M | $320M | $316M | $300M | $287M | $283M | · | $271M | $267M | $259M | $246M | $240M | |
| Other Non-current Liabilities | $65M | $63M | $63M | $66M | $65M | $64M | $65M | $64M | $62M | $60M | · | $96M | $96M | $93M | $95M | $95M | |
| Long-term Debt | $900M | $901M | $814M | $765M | $767M | $768M | $769M | $721M | $722M | $723M | · | $695M | $687M | $688M | $616M | $617M | |
| Total Debt | $934M | $941M | · | $841M | $772M | $768M | · | $769M | $781M | $764M | · | $717M | $729M | $721M | $656M | $617M | |
| Common Stock | · | · | $37M | · | · | · | $36M | · | · | · | · | · | · | · | · | · | |
| Paid-in Capital | · | · | $435M | · | · | · | $430M | · | · | · | · | · | · | · | · | · | |
| Retained Earnings | · | · | $832M | · | · | · | $764M | · | · | · | · | · | · | · | · | · | |
| Stockholders' Equity | $1.44B | $1.35B | $1.30B | $1.30B | $1.27B | $1.26B | $1.23B | $1.20B | $1.17B | $1.16B | $1.14B | $1.14B | $1.11B | $1.10B | $1.08B | $1.06B | |
| Liabilities + Equity | $3.30B | $3.19B | $3.16B | $2.99B | $2.86B | $2.84B | $2.83B | $2.75B | $2.72B | $2.67B | · | $2.59B | $2.56B | $2.52B | $2.47B | $2.44B | |
| Shares Outstanding | 37,780,751 | 36,753,208 | 36,542,000 | · | · | · | 36,490,000 | · | · | · | · | · | · | · | · | · |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Tax | $3M | $2M | $3M | $2M | $1M | $1M | $438.0K | $2M | $-830.0K | $-521.0K | $7M | $4M | $7M | $6M | $6M | $6M | |
| Operating Cash Flow | $68M | $81M | $34M | $95M | $56M | $78M | $68M | $79M | $65M | $66M | $44M | $67M | $71M | $56M | $33M | $49M | |
| CapEx | $110M | $101M | $88M | $144M | $64M | $48M | $73M | $52M | $67M | $45M | $72M | $43M | $60M | $48M | $67M | $35M | |
| Investing Cash Flow | $-111M | $-105M | $-89M | $-144M | $-68M | $-51M | $-74M | $-54M | $-67M | $-46M | $-74M | $-45M | $-62M | $-50M | $-68M | $-37M | |
| Debt Issued | $0 | $90M | · | · | $0 | $0 | $50M | $0 | $0 | $0 | $30M | $40M | $0 | $69M | $0 | $0 | |
| Net Debt Issued | · | $87M | · | · | · | $-1M | · | · | · | $-1M | · | · | · | $49M | · | · | |
| Stock Issued | $75M | $14M | $0 | $0 | $471.0K | $3M | $29M | $3M | $0 | $0 | $0 | · | · | · | · | · | |
| Net Stock Activity | $75M | $14M | · | · | · | $3M | · | $3M | · | · | · | · | · | · | · | · | |
| Dividends Paid | $18M | $17M | $17M | $17M | $16M | $16M | $16M | $16M | $15M | $15M | $15M | $15M | $15M | $15M | $15M | $14M | |
| Financing Cash Flow | $50M | $29M | $49M | $50M | $-12M | $-15M | $12M | $-26M | $2M | $-14M | $29M | $-27M | $-7M | $-5M | $24M | $-15M | |
| Net Change in Cash | $7M | $4M | $-5M | $884.0K | $-24M | $12M | $6M | $-1M | $-590.0K | $5M | $-1M | $-5M | $2M | $2M | $-11M | $-3M | |
| Free Cash Flow | · | $-20M | · | · | · | $30M | · | · | · | $21M | · | · | · | $8M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | -351.4% | -542.1% | · | -588.6% | -404.7% | -697.3% | · | -573.4% | -357.2% | -509.1% | · | -572.1% | -494.7% | -534.7% | -638.7% | -393.9% | |
| Net Margin | -359.1% | -494.4% | · | -512.8% | -313.3% | -548.6% | · | -487.6% | -285.8% | -422.5% | · | -494.6% | -369.6% | -415.1% | -506.9% | -336.7% | |
| EBITDA Margin | -351.4% | -542.1% | · | -588.6% | -404.7% | -697.3% | · | -573.4% | -357.2% | -509.1% | · | -572.1% | -494.7% | -534.7% | -638.7% | -393.9% | |
| ROA | 1.1% | 1.6% | · | 1.6% | 0.95% | 1.5% | · | 1.5% | 0.90% | 1.3% | · | 1.5% | 1.1% | 1.3% | 1.4% | 0.92% | |
| ROE | 2.5% | 3.7% | · | 3.6% | 2.2% | 3.4% | · | 3.5% | 2.1% | 3.0% | · | 3.4% | 2.6% | 2.9% | 3.2% | 2.1% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.1 | 1.2 | · | 0.9 | 1.8 | 2.1 | · | 1.4 | 1.3 | 1.6 | · | 1.8 | 1.4 | 1.5 | 1.0 | 1.2 | |
| Quick Ratio | 0.3 | 0.4 | · | 0.2 | 0.5 | 0.8 | · | 0.4 | 0.4 | 0.4 | · | 0.4 | 0.4 | 0.5 | 0.3 | 0.4 | |
| Debt / Equity | 0.6 | 0.7 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | 0.7 | 0.7 | · | 0.6 | 0.7 | 0.7 | 0.6 | 0.6 | |
| LT Debt / Equity | 0.6 | 0.7 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.6 | 0.5 | 0.6 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | -0.0 | -0.0 | · | -0.0 | -0.0 | -0.0 | · | -0.0 | -0.0 | -0.0 | · | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | |
| Receivables Turnover | -0.2 | -0.2 | · | -0.2 | -0.2 | -0.2 | · | -0.2 | -0.2 | -0.2 | · | -0.2 | -0.2 | -0.1 | -0.2 | -0.2 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $38.13 | $36.72 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Revenue / Share | $-0.25 | $-0.27 | · | $-0.24 | $-0.23 | $-0.21 | · | $-0.23 | $-0.23 | $-0.22 | · | $-0.21 | $-0.21 | $-0.21 | $-0.18 | $-0.18 | |
| Cash Flow / Share | · | $2.20 | · | · | · | $2.13 | · | · | · | $1.82 | · | · | · | $1.55 | · | · | |
| Cash / Share | $0.44 | $0.26 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend Paid / Share | $0.47 | $0.47 | $0.47 | $0.47 | $0.45 | $0.45 | $0.45 | $0.45 | $0.43 | $0.43 | $0.43 | $0.43 | $0.41 | $0.41 | $0.41 | $0.39 | |
| EPS (TTM) | $4.07 | $3.90 | · | $3.69 | $3.60 | $3.54 | · | $3.27 | $3.19 | $3.32 | · | $3.29 | $3.17 | $2.98 | $2.83 | $2.87 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $-37M | $-36M | · | $-33M | $-33M | $-33M | · | $-32M | $-32M | $-31M | · | $-30M | $-29M | $-28M | $-26M | $-26M | |
| Net Income TTM | $150M | $143M | · | $135M | $131M | $128M | · | $119M | $116M | $120M | · | $119M | $115M | $108M | $103M | $104M | |
| Market Cap | $3.08B | $2.84B | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Enterprise Value | $4.00B | $3.77B | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| P/E | 20.0 | 19.8 | · | 22.8 | 24.6 | 26.3 | · | 28.0 | 23.4 | 23.7 | · | 20.8 | 25.0 | 26.1 | 23.2 | 27.1 | |
| P/S | -83.6 | -78.9 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| P/B | 2.1 | 2.1 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| P / Tangible Book | 2.1 | 2.1 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| P / Cash Flow | · | 35.2 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| EV / Revenue | -108.5 | -104.7 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Dividend Yield | 2.3% | 2.4% | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | 5.0% | 5.1% | · | 4.4% | 4.1% | 3.8% | · | 3.6% | 4.3% | 4.2% | · | 4.8% | 4.0% | 3.8% | 4.3% | 3.7% | |
| Payout Ratio | · | 35.8% | · | · | · | 39.5% | · | · | · | 45.7% | · | · | · | 47.4% | · | · | |
| Annual Payout | $70M | $69M | · | $67M | $66M | $65M | · | $63M | $62M | $61M | · | $60M | $59M | $58M | $57M | $56M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Operating Margin % | -504.9% | -444.2% | -481.1% | -516.9% | -486.4% |
| Net Income | $136M | $121M | $118M | $111M | $106M |
| Diluted EPS | $3.72 | $3.33 | $3.25 | $3.07 | $2.92 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.7 | 0.6 | 0.7 | 0.7 | 0.6 |
| Current Ratio | 0.8 | 1.8 | 1.5 | 1.1 | 1.7 |
| Quick Ratio | 0.2 | 0.6 | 0.4 | 0.3 | 0.5 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $-80M | $41M | $15M | $-21M | $-16M |
Institutional owners (13F) 346 filers · $2.5B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 56 (+3 vs prior Q) | 32 (-1 vs prior Q) | 148 (+44 vs prior Q) | 68 (-34 vs prior Q) | +4.8M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $496,896,608 | 6,093,900 | 20.04% | Shares |
| VANGUARD GROUP INC | $356,899,615 | 4,551,130 | 14.39% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $227,807,104 | 2,793,808 | 9.19% | Shares |
| STATE STREET CORP | $167,141,834 | 2,049,814 | 6.74% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $138,837,750 | 1,702,695 | 5.60% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $81,971,152 | 1,005,058 | 3.31% | Shares |
| Zimmer Partners, LP | $81,540,000 | 1,000,000 | 3.29% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $57,154,790 | 700,969 | 2.30% | Shares |
| MORGAN STANLEY | $44,477,573 | 545,468 | 1.79% | Shares |
| WESTWOOD HOLDINGS GROUP INC | $43,266,835 | 530,621 | 1.74% | Shares |
| GABELLI FUNDS LLC | $41,887,098 | 513,700 | 1.69% | Shares |
| TWO SIGMA INVESTMENTS, LP | $39,706,800 | 486,961 | 1.60% | Shares |
| FIRST TRUST ADVISORS LP | $36,484,644 | 447,445 | 1.47% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $35,434,185 | 434,562 | 1.43% | Shares |
| NORTHERN TRUST CORP | $32,174,054 | 394,580 | 1.30% | Shares |
| Nuveen, LLC | $27,535,083 | 337,689 | 1.11% | Shares |
| Bank of New York Mellon Corp | $27,086,981 | 332,193 | 1.09% | Shares |
| Qube Research & Technologies Ltd | $26,884,553 | 329,710 | 1.08% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $24,485,865 | 300,293 | 0.99% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $20,377,906 | 249,913 | 0.82% | Shares |
| SPEECE THORSON CAPITAL GROUP INC | $18,646,000 | 228,679 | 0.75% | Shares |
| Yaupon Capital Management LP | $16,308,000 | 200,000 | 0.66% | Shares |
| Legal & General Group Plc | $15,443,432 | 189,397 | 0.62% | Shares |
| GOLDMAN SACHS GROUP INC | $15,013,907 | 184,129 | 0.61% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $14,875,097 | 182,427 | 0.60% | Shares |
| CITADEL ADVISORS LLC | $12,046,311 | 147,735 | 0.49% | Shares |
| Public Sector Pension Investment Board | $10,574,433 | 129,684 | 0.43% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $10,194,049 | 125,019 | 0.41% | Shares |
| SEVEN GRAND MANAGERS, LLC | $10,192,500 | 125,000 | 0.41% | Shares |
| TUDOR INVESTMENT CORP ET AL | $10,134,280 | 124,286 | 0.41% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $9,747,536 | 119,543 | 0.39% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $9,289,607 | 113,927 | 0.37% | Shares |
| Invesco Ltd. | $9,089,835 | 111,477 | 0.37% | Shares |
| SOROS FUND MANAGEMENT LLC | $8,709,532 | 106,813 | 0.35% | Shares |
| MILLENNIUM MANAGEMENT LLC | $8,552,404 | 104,886 | 0.34% | Shares |
| UBS Group AG | $8,182,539 | 100,350 | 0.33% | Shares |
| Burkehill Global Management, LP | $8,154,000 | 100,000 | 0.33% | Shares |
| ProShare Advisors LLC | $7,524,592 | 92,281 | 0.30% | Shares |
| RHUMBLINE ADVISERS | $7,473,531 | 91,655 | 0.30% | Shares |
| AMERIPRISE FINANCIAL INC | $6,760,490 | 82,910 | 0.27% | Shares |
| BANK OF AMERICA CORP /DE/ | $6,751,807 | 82,804 | 0.27% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $6,629,202 | 81,300 | 0.27% | Shares |
| Swiss National Bank | $6,013,575 | 73,750 | 0.24% | Shares |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | $5,989,032 | 73,449 | 0.24% | Shares |
| Vennlight Capital Management, LP | $5,592,421 | 68,585 | 0.23% | Shares |
| Point72 Asset Management, L.P. | $5,371,448 | 65,875 | 0.22% | Shares |
| AMERICAN CENTURY COMPANIES INC | $5,347,475 | 65,581 | 0.22% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $5,271,718 | 68,207 | 0.21% | Shares |
| HARBOUR INVESTMENTS, INC. | $5,109,622 | 62,664 | 0.21% | Shares |
| Balyasny Asset Management L.P. | $4,727,934 | 57,983 | 0.19% | Shares |
Company insiders 30 insiders · 15 officers · 16 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Jeffrey M Keebler | Chairman, President & CEO | March 2, 2026 A | 31,908 | 0 | 0 | $0 |
| Terry A Hanson | V.P., CFO and Secretary | March 11, 2008 P | 5,839 | 0 | 0 | $0 |
| Jared Joseph Bushek | VP Chief Fin. Off. & Treasurer | April 17, 2026 A | 35,796 | 0 | 0 | $0 |
| John Anthony Jicha | VP Energy Supply & Asst Treas. | March 2, 2026 A | 2,815 | 0 | 0 | $0 |
| Melissa Tyson Garner | VP-People & Community Engmnt | March 2, 2026 A | 3,631 | 0 | 0 | $0 |
| Jenny Lynn Lagerwall | AVP - Acctg & Controller (CAO) | March 2, 2026 A | 1,992 | 0 | 0 | $0 |
| Scott Robert Smith | VP Business and Reg. Strategy | March 2, 2026 A | 4,411 | 0 | 0 | $0 |
| James Jerome Lorenz | VP Energy Operations | March 2, 2026 A | 6,337 | 0 | 0 | $0 |
| Cari Anne Renlund | VP General Counsel & Sec. | March 2, 2026 A | 7,036 | 0 | 0 | $0 |
| Lynn K Hobbie | Exec. VP Marketing & Comm. | Jan. 2, 2026 F | 13,678 | 0 | 0 | $0 |
| Tamara Jean Johnson | VP CAO & Controller | March 1, 2024 A | 3,679 | 0 | 0 | $0 |
| Donald D Peterson | VP Energy Technology | Feb. 19, 2021 A | 726 | 0 | 0 | $0 |
| Jeffrey C Newman | Executive Vice President | Dec. 14, 2020 G | 7,134 | 0 | 0 | $0 |
| Scott A Neitzel | Senior Vice President | March 8, 2012 P | 600 | 0 | 0 | $0 |
| Kristine A Euclide | VP and General Counsel | Sept. 7, 2010 P | 3,287 | 0 | 0 | $0 |
| James G Berbee | Director | Sept. 9, 2026 P | 10,013 | 4 | 0 | $92,701 |
| Daniel James Kelly | Director | March 2, 2026 A | 918 | 0 | 0 | $0 |
| Angela S. Rieger | Director | March 2, 2026 A | 918 | 0 | 0 | $0 |
| Noble Lynnwood Wray | Director | March 2, 2026 A | 2,174 | 0 | 0 | $0 |
| Marcia M Anderson | Director | March 2, 2026 A | 3,258 | 0 | 0 | $0 |
| Patricia K Ackerman | Director | March 2, 2026 A | 734 | 0 | 0 | $0 |
| James L Possin | Director | March 2, 2026 A | 5,932 | 0 | 0 | $0 |
| Londa J Dewey | Director | March 2, 2026 A | 7,135 | 0 | 0 | $0 |
| Gary J Wolter | Director | March 2, 2026 A | 22,306 | 0 | 0 | $0 |
| Thomas R Stolper | Director | March 1, 2024 A | 5,670 | 0 | 0 | $0 |
| Mark D Bugher | Director | March 1, 2024 A | 1,500 | 0 | 0 | $0 |
| Frank C Hastings | Director | Feb. 19, 2021 A | 343 | 0 | 0 | $0 |
| Regina M Millner | Director | March 5, 2019 P | 2,956 | 0 | 0 | $0 |
| John R Nevin | Director | March 6, 2009 P | 2,254 | 0 | 0 | $0 |
| Harold L Swanson | Director | March 2, 2007 P | 8,000 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 50 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PSCU · Invesco Exchange-Traded Fund Trust … | 2.86% | 6,597 SH | Oct. 23, 2026 | Daily |
| XSLV · Invesco Exchange-Traded Fund Trust … | 0.92% | 29,494 SH | Oct. 23, 2026 | Daily |
| VFMV · VANGUARD WELLINGTON FUND | 0.26% | 13,541 SH | Aug. 19, 2026 | Daily |
| FYT · First Trust Exchange-Traded AlphaDE… | 0.24% | 5,863 NS | July 31, 2026 | N-PORT |
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.24% | 17,565 NS | July 31, 2026 | N-PORT |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.20% | 32,866 SH | Aug. 19, 2026 | Daily |
| FUTY · FIDELITY COVINGTON TRUST | 0.19% | 55,535 NS | July 31, 2026 | N-PORT |
| VPU · VANGUARD WORLD FUND | 0.19% | 251,592 SH | Aug. 19, 2026 | Daily |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.19% | 32,095 NS | July 31, 2026 | N-PORT |
| QVMS · Invesco Exchange-Traded Fund Trust … | 0.18% | 5,843 SH | Oct. 23, 2026 | Daily |
| VIOO · VANGUARD ADMIRAL FUNDS | 0.17% | 132,005 SH | Aug. 19, 2026 | Daily |
| VIOG · VANGUARD ADMIRAL FUNDS | 0.17% | 22,467 SH | Aug. 19, 2026 | Daily |
| VIOV · VANGUARD ADMIRAL FUNDS | 0.16% | 40,048 SH | Aug. 19, 2026 | Daily |
| BKSE · BNY Mellon ETF Trust | 0.13% | 1,407 NS | July 31, 2026 | N-PORT |
| POWR · iShares, Inc. | 0.12% | 6,949 SH | Sept. 11, 2026 | Daily |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.11% | 9,939 NS | July 31, 2026 | N-PORT |
| EBIT · Harbor ETF Trust | 0.11% | 159 NS | July 31, 2026 | N-PORT |
| RSSL · Global X Funds | 0.10% | 18,023 NS | July 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.09% | 949,428 SH | Sept. 11, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.09% | 216,810 SH | Aug. 19, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.07% | 549,746 SH | Aug. 19, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.06% | 120,594 NS | July 31, 2026 | N-PORT |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.06% | 21,061 SH | Oct. 23, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.05% | 1,015 NS | July 31, 2026 | N-PORT |
| RWJ · Invesco Exchange-Traded Fund Trust … | 0.05% | 12,820 SH | Oct. 23, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.04% | 867,220 SH | Aug. 19, 2026 | Daily |
| ISCG · iShares Trust | 0.04% | 4,995 SH | Sept. 11, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.03% | 433,384 SH | Aug. 19, 2026 | Daily |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.03% | 986 SH | Oct. 23, 2026 | Daily |
| WSML · iShares Trust | 0.03% | 2,287 SH | Sept. 11, 2026 | Daily |
| VIG · VANGUARD SPECIALIZED FUNDS | 0.01% | 213,258 SH | Aug. 19, 2026 | Daily |
| VYM · VANGUARD WHITEHALL FUNDS | 0.01% | 145,552 SH | Aug. 19, 2026 | Daily |
| PFM · Invesco Exchange-Traded Fund Trust | 0.01% | 1,068 SH | Oct. 23, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.01% | 44,830 NS | July 31, 2026 | N-PORT |
| TILT · FlexShares Trust | 0.01% | 1,738 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.01% | 2,291 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.01% | 8,080 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 58,764 SH | Sept. 11, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.00% | 11,749 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.00% | 9,754 SH | Sept. 3, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 1,202,767 SH | Aug. 19, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.00% | 28,937 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 3,172 SH | Aug. 19, 2026 | Daily |
| IJR · iShares Trust | · | 2,303,861 SH | Sept. 10, 2026 | Daily |
| IJT · iShares Trust | · | 178,636 SH | Sept. 9, 2026 | Daily |
| IJS · iShares Trust | · | 169,160 SH | Sept. 8, 2026 | Daily |
| IWN · iShares Trust | · | 353,655 SH | Sept. 11, 2026 | Daily |
| IFRA · iShares Trust | · | 45,867 SH | Sept. 11, 2026 | Daily |
| ISCB · iShares Trust | · | 1,619 SH | Sept. 11, 2026 | Daily |
| ISCV · iShares Trust | · | 4,553 SH | Sept. 11, 2026 | Daily |
MGEE Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
6 analysts · 2026-10-27Mean target $77.33 +5.0%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MGEE | $2.87B | 21.1 | · | -402.1% | 10.6% | · |
| POR | $5.55B | 17.3 | 4.0% | 8.6% | 7.7% | · |
| OKLO | $11.52B | -99.7 | · | · | -9.7% | · |
| OTTR | $3.39B | 12.3 | -2.3% | 21.2% | 15.2% | · |
| HE | $2.12B | 17.3 | -4.1% | 4.1% | 8.0% | · |
| GNE | · | 15.3 | 18.1% | 4.8% | 9.7% | 24.8% |
| ENO | · | · | · | · | · | · |
| NEE | $167.22B | 24.3 | 9.8% | 26.5% | 13.1% | · |
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