MGE Energy Inc (MGEE) — Cash Flow Reinvestment Rate
Latest as of June 2026:
1.42x
MGE Energy Inc (MGEE) has a Cash Flow Reinvestment Rate of 1.42x as of June 2026, reinvesting $210.91 Million (capex $210.91 Million ) from operating cash flow of $148.83 Million. See MGEE FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
1.42x
(Capex + Investments) / Operating CF
Total Reinvested
$210.91 Million
Capex + Investments
Operating Cash Flow
$148.83 Million
USD
Capital Expenditures
$210.91 Million
USD
MGE Energy Inc Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for MGE Energy Inc across 62 annual periods. For the full cash flow conversion analysis, see MGE Energy Inc (MGEE) cash flow conversion.
Annual Cash Flow Reinvestment Rate for MGE Energy Inc (1994–2025)
Year-by-year capital reinvestment analysis for MGE Energy Inc. See MGE Energy Inc (MGEE) financial flexibility to measure the company's free cash flow as a share of total liabilities.
| 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