MGE Energy Inc (MGEE) — Free Cash Flow Generation Index
Latest as of December 2025:
-1.54x
MGE Energy Inc (MGEE) has a Free Cash Flow Generation Index of -1.54x as of December 2025. Free cash flow of $-53.13 Million represents -2% of operating cash flow ($34.46 Million). See MGE Energy Inc (MGEE) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
-1.54x
Free Cash Flow / Operating CF
Free Cash Flow
$-53.13 Million
USD
Operating Cash Flow
$34.46 Million
USD
Capital Expenditures
$87.60 Million
USD
MGE Energy Inc Free Cash Flow Generation Index (1994–2025)
Historical FCF Generation Index trend for MGE Energy Inc across 62 annual periods. Explore MGE Energy Inc (MGEE) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for MGE Energy Inc (1994–2025)
Year-by-year Free Cash Flow Generation Index for MGE Energy Inc. For the full company profile including market capitalisation, see MGE Energy Inc market cap and net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.30x | $-79.99 Million | $263.23 Million | $343.22 Million | ▼ -306.6% |
| 2024 | 0.15x | $40.86 Million | $277.78 Million | $236.93 Million | ▲ +125.6% |
| 2023 | 0.07x | $15.49 Million | $237.56 Million | $222.07 Million | ▲ +0.0% |
| 2023 | 0.07x | $15.49 Million | $237.56 Million | $222.07 Million | ▲ +147.1% |
| 2022 | -0.14x | $-21.30 Million | $153.74 Million | $175.03 Million | ▲ +0.0% |
| 2022 | -0.14x | $-21.30 Million | $153.74 Million | $175.03 Million | ▼ -21.8% |
| 2021 | -0.11x | $-15.64 Million | $137.53 Million | $153.17 Million | ▲ +0.0% |
| 2021 | -0.11x | $-15.64 Million | $137.53 Million | $153.17 Million | ▲ +36.1% |
| 2020 | -0.18x | $-30.70 Million | $172.44 Million | $203.14 Million | ▲ +0.0% |
| 2020 | -0.18x | $-30.70 Million | $172.44 Million | $203.14 Million | ▲ +30.8% |
| 2019 | -0.26x | $-33.56 Million | $130.47 Million | $164.04 Million | ▲ +0.0% |
| 2019 | -0.26x | $-33.56 Million | $130.47 Million | $164.04 Million | ▲ +33.5% |
| 2018 | -0.39x | $-59.16 Million | $153.04 Million | $212.20 Million | ▲ +0.0% |
| 2018 | -0.39x | $-59.16 Million | $153.04 Million | $212.20 Million | ▼ -306.8% |
| 2017 | 0.19x | $24.86 Million | $132.99 Million | $108.13 Million | ▲ +0.0% |
| 2017 | 0.19x | $24.86 Million | $132.99 Million | $108.13 Million | ▼ -56.8% |
| 2016 | 0.43x | $63.85 Million | $147.51 Million | $83.66 Million | ▲ +0.0% |
| 2016 | 0.43x | $63.85 Million | $147.51 Million | $83.66 Million | ▼ -11.6% |
| 2015 | 0.49x | $69.16 Million | $141.19 Million | $72.03 Million | ▲ +0.0% |
| 2015 | 0.49x | $69.16 Million | $141.19 Million | $72.03 Million | ▲ +74.8% |
| 2014 | 0.28x | $36.09 Million | $128.76 Million | $92.68 Million | ▲ +0.0% |
| 2014 | 0.28x | $36.09 Million | $128.76 Million | $92.68 Million | ▲ +85.3% |
| 2013 | 0.15x | $21.21 Million | $140.27 Million | $119.06 Million | ▲ +0.0% |
| 2013 | 0.15x | $21.21 Million | $140.27 Million | $119.06 Million | ▼ -53.6% |
| 2012 | 0.33x | $47.57 Million | $146.00 Million | $98.44 Million | ▲ +0.0% |
| 2012 | 0.33x | $47.57 Million | $146.00 Million | $98.44 Million | ▼ -35.1% |
| 2011 | 0.50x | $65.60 Million | $130.77 Million | $65.18 Million | ▲ +0.0% |
| 2011 | 0.50x | $65.60 Million | $130.77 Million | $65.18 Million | ▼ -2.7% |
| 2010 | 0.52x | $63.95 Million | $124.03 Million | $60.08 Million | ▲ +0.0% |
| 2010 | 0.52x | $63.95 Million | $124.03 Million | $60.08 Million | ▲ +52.1% |
| 2009 | 0.34x | $39.98 Million | $117.91 Million | $77.93 Million | ▲ +0.0% |
| 2009 | 0.34x | $39.98 Million | $117.91 Million | $77.93 Million | ▲ +181.5% |
| 2008 | -0.42x | $-31.07 Million | $74.71 Million | $105.78 Million | ▲ +0.0% |
| 2008 | -0.42x | $-31.07 Million | $74.71 Million | $105.78 Million | ▲ +46.6% |
| 2007 | -0.78x | $-59.67 Million | $76.59 Million | $136.26 Million | ▲ +0.0% |
| 2007 | -0.78x | $-59.67 Million | $76.59 Million | $136.26 Million | ▼ -1030.1% |
| 2006 | 0.08x | $8.46 Million | $101.04 Million | $92.58 Million | ▲ +0.0% |
| 2006 | 0.08x | $8.46 Million | $101.04 Million | $92.58 Million | ▲ +111.6% |
| 2005 | -0.72x | $-35.94 Million | $49.83 Million | $85.77 Million | ▲ +0.0% |
| 2005 | -0.72x | $-35.94 Million | $49.83 Million | $85.77 Million | ▼ -21.8% |
| 2004 | -0.59x | $-36.91 Million | $62.31 Million | $99.22 Million | ▲ +0.0% |
| 2004 | -0.59x | $-36.91 Million | $62.31 Million | $99.22 Million | ▼ -182.8% |
| 2003 | -0.21x | $-14.37 Million | $68.60 Million | $82.97 Million | ▲ +0.0% |
| 2003 | -0.21x | $-14.37 Million | $68.60 Million | $82.97 Million | ▲ +44.9% |
| 2002 | -0.38x | $-21.55 Million | $56.73 Million | $78.28 Million | ▲ +0.0% |
| 2002 | -0.38x | $-21.55 Million | $56.73 Million | $78.28 Million | ▼ -186.7% |
| 2001 | 0.44x | $32.72 Million | $74.68 Million | $41.97 Million | ▲ +0.0% |
| 2001 | 0.44x | $32.72 Million | $74.68 Million | $41.97 Million | ▲ +181.0% |
| 2000 | -0.54x | $-25.83 Million | $47.77 Million | $73.61 Million | ▲ +0.0% |
| 2000 | -0.54x | $-25.83 Million | $47.77 Million | $73.61 Million | ▼ -450.6% |
| 1999 | 0.15x | $9.30 Million | $60.30 Million | $51.00 Million | ▲ +0.0% |
| 1999 | 0.15x | $9.30 Million | $60.30 Million | $51.00 Million | ▼ -72.6% |
| 1998 | 0.56x | $39.70 Million | $70.50 Million | $30.80 Million | ▲ +0.0% |
| 1998 | 0.56x | $39.70 Million | $70.50 Million | $30.80 Million | ▲ +19.7% |
| 1997 | 0.47x | $19.20 Million | $40.80 Million | $21.60 Million | ▲ +0.0% |
| 1997 | 0.47x | $19.20 Million | $40.80 Million | $21.60 Million | ▼ -13.9% |
| 1996 | 0.55x | $26.40 Million | $48.30 Million | $21.90 Million | ▲ +0.0% |
| 1996 | 0.55x | $26.40 Million | $48.30 Million | $21.90 Million | ▼ -12.1% |
| 1995 | 0.62x | $31.60 Million | $50.80 Million | $19.20 Million | ▲ +0.0% |
| 1995 | 0.62x | $31.60 Million | $50.80 Million | $19.20 Million | ▲ +74.7% |
| 1994 | 0.36x | $14.60 Million | $41.00 Million | $26.40 Million | ▲ +0.0% |
| 1994 | 0.36x | $14.60 Million | $41.00 Million | $26.40 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).