MGE Energy Inc (MGEE) — Cash Flow Reinvestment Rate
Latest as of December 2025:
2.55x
MGE Energy Inc (MGEE) has a Cash Flow Reinvestment Rate of 2.55x as of December 2025, reinvesting $87.89 Million (capex $87.60 Million plus investments $-288.00K) from operating cash flow of $34.46 Million. Explore MGEE capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
2.55x
(Capex + Investments) / Operating CF
Total Reinvested
$87.89 Million
Capex + Investments
Operating Cash Flow
$34.46 Million
USD
Capital Expenditures
$87.60 Million
USD
MGE Energy Inc Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for MGE Energy Inc across 62 annual periods. Also explore MGEE asset base for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for MGE Energy Inc (1994–2025)
Year-by-year capital reinvestment analysis for MGE Energy Inc. For live market cap and broader valuation context, see MGEE stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.34x | $352.72 Million | $263.23 Million | $343.22 Million | ▼ -22.2% |
| 2024 | 1.72x | $478.41 Million | $277.78 Million | $236.93 Million | ▼ -9.5% |
| 2023 | 1.90x | $452.09 Million | $237.56 Million | $222.07 Million | ▲ +0.0% |
| 2023 | 1.90x | $452.09 Million | $237.56 Million | $222.07 Million | ▼ -17.6% |
| 2022 | 2.31x | $355.18 Million | $153.74 Million | $175.03 Million | ▲ +97.1% |
| 2022 | 1.17x | $180.22 Million | $153.74 Million | $175.03 Million | ▼ -48.0% |
| 2021 | 2.26x | $310.14 Million | $137.53 Million | $153.17 Million | ▲ +97.3% |
| 2021 | 1.14x | $157.20 Million | $137.53 Million | $153.17 Million | ▼ -52.3% |
| 2020 | 2.40x | $413.55 Million | $172.44 Million | $203.14 Million | ▲ +98.1% |
| 2020 | 1.21x | $208.74 Million | $172.44 Million | $203.14 Million | ▼ -3.7% |
| 2019 | 1.26x | $164.04 Million | $130.47 Million | $164.04 Million | ▼ -4.5% |
| 2019 | 1.32x | $171.85 Million | $130.47 Million | $164.04 Million | ▼ -5.0% |
| 2018 | 1.39x | $212.20 Million | $153.04 Million | $212.20 Million | ▼ -2.7% |
| 2018 | 1.43x | $218.12 Million | $153.04 Million | $212.20 Million | ▲ +75.3% |
| 2017 | 0.81x | $108.13 Million | $132.99 Million | $108.13 Million | ▼ -9.3% |
| 2017 | 0.90x | $119.21 Million | $132.99 Million | $108.13 Million | ▲ +58.1% |
| 2016 | 0.57x | $83.66 Million | $147.51 Million | $83.66 Million | ▼ -3.4% |
| 2016 | 0.59x | $86.62 Million | $147.51 Million | $83.66 Million | ▲ +15.1% |
| 2015 | 0.51x | $72.03 Million | $141.19 Million | $72.03 Million | ▼ -1.4% |
| 2015 | 0.52x | $73.08 Million | $141.19 Million | $72.03 Million | ▼ -28.1% |
| 2014 | 0.72x | $92.68 Million | $128.76 Million | $92.68 Million | ▼ -2.3% |
| 2014 | 0.74x | $94.86 Million | $128.76 Million | $92.68 Million | ▼ -13.2% |
| 2013 | 0.85x | $119.06 Million | $140.27 Million | $119.06 Million | ▼ -1.4% |
| 2013 | 0.86x | $120.73 Million | $140.27 Million | $119.06 Million | ▲ +27.7% |
| 2012 | 0.67x | $98.44 Million | $146.00 Million | $98.44 Million | ▲ +0.0% |
| 2012 | 0.67x | $98.44 Million | $146.00 Million | $98.44 Million | ▲ +35.3% |
| 2011 | 0.50x | $65.18 Million | $130.77 Million | $65.18 Million | ▲ +0.0% |
| 2011 | 0.50x | $65.18 Million | $130.77 Million | $65.18 Million | ▲ +2.9% |
| 2010 | 0.48x | $60.08 Million | $124.03 Million | $60.08 Million | ▼ -1.1% |
| 2010 | 0.49x | $60.73 Million | $124.03 Million | $60.08 Million | ▼ -25.9% |
| 2009 | 0.66x | $77.93 Million | $117.91 Million | $77.93 Million | ▲ +0.0% |
| 2009 | 0.66x | $77.93 Million | $117.91 Million | $77.93 Million | ▼ -53.3% |
| 2008 | 1.42x | $105.78 Million | $74.71 Million | $105.78 Million | ▲ +0.0% |
| 2008 | 1.42x | $105.78 Million | $74.71 Million | $105.78 Million | ▼ -20.4% |
| 2007 | 1.78x | $136.26 Million | $76.59 Million | $136.26 Million | ▲ +0.0% |
| 2007 | 1.78x | $136.26 Million | $76.59 Million | $136.26 Million | ▲ +94.2% |
| 2006 | 0.92x | $92.58 Million | $101.04 Million | $92.58 Million | ▲ +0.0% |
| 2006 | 0.92x | $92.58 Million | $101.04 Million | $92.58 Million | ▼ -46.8% |
| 2005 | 1.72x | $85.77 Million | $49.83 Million | $85.77 Million | ▲ +0.0% |
| 2005 | 1.72x | $85.77 Million | $49.83 Million | $85.77 Million | ▲ +8.1% |
| 2004 | 1.59x | $99.22 Million | $62.31 Million | $99.22 Million | ▲ +0.0% |
| 2004 | 1.59x | $99.22 Million | $62.31 Million | $99.22 Million | ▲ +31.7% |
| 2003 | 1.21x | $82.97 Million | $68.60 Million | $82.97 Million | ▲ +0.0% |
| 2003 | 1.21x | $82.97 Million | $68.60 Million | $82.97 Million | ▼ -12.4% |
| 2002 | 1.38x | $78.28 Million | $56.73 Million | $78.28 Million | ▲ +0.0% |
| 2002 | 1.38x | $78.28 Million | $56.73 Million | $78.28 Million | ▲ +145.6% |
| 2001 | 0.56x | $41.97 Million | $74.68 Million | $41.97 Million | ▲ +0.0% |
| 2001 | 0.56x | $41.97 Million | $74.68 Million | $41.97 Million | ▼ -63.5% |
| 2000 | 1.54x | $73.61 Million | $47.77 Million | $73.61 Million | ▲ +0.0% |
| 2000 | 1.54x | $73.61 Million | $47.77 Million | $73.61 Million | ▲ +82.2% |
| 1999 | 0.85x | $51.00 Million | $60.30 Million | $51.00 Million | ▲ +0.0% |
| 1999 | 0.85x | $51.00 Million | $60.30 Million | $51.00 Million | ▲ +93.6% |
| 1998 | 0.44x | $30.80 Million | $70.50 Million | $30.80 Million | ▲ +0.0% |
| 1998 | 0.44x | $30.80 Million | $70.50 Million | $30.80 Million | ▼ -17.5% |
| 1997 | 0.53x | $21.60 Million | $40.80 Million | $21.60 Million | ▲ +0.0% |
| 1997 | 0.53x | $21.60 Million | $40.80 Million | $21.60 Million | ▲ +16.8% |
| 1996 | 0.45x | $21.90 Million | $48.30 Million | $21.90 Million | ▲ +0.0% |
| 1996 | 0.45x | $21.90 Million | $48.30 Million | $21.90 Million | ▲ +20.0% |
| 1995 | 0.38x | $19.20 Million | $50.80 Million | $19.20 Million | ▲ +0.0% |
| 1995 | 0.38x | $19.20 Million | $50.80 Million | $19.20 Million | ▼ -41.3% |
| 1994 | 0.64x | $26.40 Million | $41.00 Million | $26.40 Million | ▲ +0.0% |
| 1994 | 0.64x | $26.40 Million | $41.00 Million | $26.40 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow