MGE Energy Inc (MGEE) — Capital Reinvestment Ratio
Latest as of December 2025:
2.54x
MGE Energy Inc (MGEE) has a Capital Reinvestment Ratio of 2.54x as of December 2025, meaning it reinvests 3% of its operating cash flow ($34.46 Million) in capital expenditures ($87.60 Million). See MGE Energy Inc (MGEE) net asset quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
2.54x
Capex / Operating Cash Flow
Operating Cash Flow
$34.46 Million
USD
Capital Expenditures
$87.60 Million
USD
Data as of
Dec 2025
Most recent filing
MGE Energy Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks MGE Energy Inc's Capital Reinvestment Ratio across 62 annual periods. Check cash flow reinvestment rate of MGE Energy Inc to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for MGE Energy Inc (1994–2025)
Year-by-year Capital Reinvestment Ratio for MGE Energy Inc from 1994 to 2025. For live market cap and broader valuation context, see how much is MGE Energy Inc worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.30x | $263.23 Million | $343.22 Million | ▲ +52.9% |
| 2024 | 0.85x | $277.78 Million | $236.93 Million | ▼ -8.8% |
| 2023 | 0.93x | $237.56 Million | $222.07 Million | ▲ +0.0% |
| 2023 | 0.93x | $237.56 Million | $222.07 Million | ▼ -17.9% |
| 2022 | 1.14x | $153.74 Million | $175.03 Million | ▲ +0.0% |
| 2022 | 1.14x | $153.74 Million | $175.03 Million | ▲ +2.2% |
| 2021 | 1.11x | $137.53 Million | $153.17 Million | ▲ +0.0% |
| 2021 | 1.11x | $137.53 Million | $153.17 Million | ▼ -5.5% |
| 2020 | 1.18x | $172.44 Million | $203.14 Million | ▲ +0.0% |
| 2020 | 1.18x | $172.44 Million | $203.14 Million | ▼ -6.3% |
| 2019 | 1.26x | $130.47 Million | $164.04 Million | ▲ +0.0% |
| 2019 | 1.26x | $130.47 Million | $164.04 Million | ▼ -9.3% |
| 2018 | 1.39x | $153.04 Million | $212.20 Million | ▲ +0.0% |
| 2018 | 1.39x | $153.04 Million | $212.20 Million | ▲ +70.5% |
| 2017 | 0.81x | $132.99 Million | $108.13 Million | ▲ +0.0% |
| 2017 | 0.81x | $132.99 Million | $108.13 Million | ▲ +43.4% |
| 2016 | 0.57x | $147.51 Million | $83.66 Million | ▲ +0.0% |
| 2016 | 0.57x | $147.51 Million | $83.66 Million | ▲ +11.2% |
| 2015 | 0.51x | $141.19 Million | $72.03 Million | ▲ +0.0% |
| 2015 | 0.51x | $141.19 Million | $72.03 Million | ▼ -29.1% |
| 2014 | 0.72x | $128.76 Million | $92.68 Million | ▲ +0.0% |
| 2014 | 0.72x | $128.76 Million | $92.68 Million | ▼ -15.2% |
| 2013 | 0.85x | $140.27 Million | $119.06 Million | ▲ +0.0% |
| 2013 | 0.85x | $140.27 Million | $119.06 Million | ▲ +25.9% |
| 2012 | 0.67x | $146.00 Million | $98.44 Million | ▲ +0.0% |
| 2012 | 0.67x | $146.00 Million | $98.44 Million | ▲ +35.3% |
| 2011 | 0.50x | $130.77 Million | $65.18 Million | ▲ +0.0% |
| 2011 | 0.50x | $130.77 Million | $65.18 Million | ▲ +2.9% |
| 2010 | 0.48x | $124.03 Million | $60.08 Million | ▲ +0.0% |
| 2010 | 0.48x | $124.03 Million | $60.08 Million | ▼ -26.7% |
| 2009 | 0.66x | $117.91 Million | $77.93 Million | ▲ +0.0% |
| 2009 | 0.66x | $117.91 Million | $77.93 Million | ▼ -53.3% |
| 2008 | 1.42x | $74.71 Million | $105.78 Million | ▲ +0.0% |
| 2008 | 1.42x | $74.71 Million | $105.78 Million | ▼ -20.4% |
| 2007 | 1.78x | $76.59 Million | $136.26 Million | ▲ +0.0% |
| 2007 | 1.78x | $76.59 Million | $136.26 Million | ▲ +94.2% |
| 2006 | 0.92x | $101.04 Million | $92.58 Million | ▲ +0.0% |
| 2006 | 0.92x | $101.04 Million | $92.58 Million | ▼ -46.8% |
| 2005 | 1.72x | $49.83 Million | $85.77 Million | ▲ +0.0% |
| 2005 | 1.72x | $49.83 Million | $85.77 Million | ▲ +8.1% |
| 2004 | 1.59x | $62.31 Million | $99.22 Million | ▲ +0.0% |
| 2004 | 1.59x | $62.31 Million | $99.22 Million | ▲ +31.7% |
| 2003 | 1.21x | $68.60 Million | $82.97 Million | ▲ +0.0% |
| 2003 | 1.21x | $68.60 Million | $82.97 Million | ▼ -12.4% |
| 2002 | 1.38x | $56.73 Million | $78.28 Million | ▲ +0.0% |
| 2002 | 1.38x | $56.73 Million | $78.28 Million | ▲ +145.6% |
| 2001 | 0.56x | $74.68 Million | $41.97 Million | ▲ +0.0% |
| 2001 | 0.56x | $74.68 Million | $41.97 Million | ▼ -63.5% |
| 2000 | 1.54x | $47.77 Million | $73.61 Million | ▲ +0.0% |
| 2000 | 1.54x | $47.77 Million | $73.61 Million | ▲ +82.2% |
| 1999 | 0.85x | $60.30 Million | $51.00 Million | ▲ +0.0% |
| 1999 | 0.85x | $60.30 Million | $51.00 Million | ▲ +93.6% |
| 1998 | 0.44x | $70.50 Million | $30.80 Million | ▲ +0.0% |
| 1998 | 0.44x | $70.50 Million | $30.80 Million | ▼ -17.5% |
| 1997 | 0.53x | $40.80 Million | $21.60 Million | ▲ +0.0% |
| 1997 | 0.53x | $40.80 Million | $21.60 Million | ▲ +16.8% |
| 1996 | 0.45x | $48.30 Million | $21.90 Million | ▲ +0.0% |
| 1996 | 0.45x | $48.30 Million | $21.90 Million | ▲ +20.0% |
| 1995 | 0.38x | $50.80 Million | $19.20 Million | ▲ +0.0% |
| 1995 | 0.38x | $50.80 Million | $19.20 Million | ▼ -41.3% |
| 1994 | 0.64x | $41.00 Million | $26.40 Million | ▲ +0.0% |
| 1994 | 0.64x | $41.00 Million | $26.40 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow