MGE Energy EV/EBIT MGEE

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2011.

Today, Oct 23, 2026: 21.8×
10-year median: 24.4×
Against its 10-year history: 23rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 17.2× to 31.9×
Peer median: 19.8×

MGE Energy's EV/EBIT is 21.8× as of Oct 23, 2026.

That is below its ten-year median of 24.4×, lower than on 77% of days in the last ten years.

Over that time it ranged from 17.2× in Mar 2018 to 31.9× in Nov 2024.

The median for 10 utility stocks of a similar size is 19.8×.

EV/EBIT over time

median 24.4×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	21.8×	21.1×	23.7×
2025	22.3×	22.3×	29.1×
2024	29.4×	20.2×	31.9×
2023	22.1×	21.4×	27.0×
2022	25.1×	23.4×	30.9×
2021	29.7×	24.7×	29.7×
2020	26.7×	23.2×	29.5×
2019	28.6×	21.0×	28.8×
2018	21.1×	17.2×	23.2×
2017	20.1×	18.8×	20.8×
2016	20.1×	14.3×	20.1×
2015	14.5×	12.8×	14.5×
2014	12.9×	12.7×	13.8×
2013	13.7×	12.4×	14.2×
2012	13.2×	12.8×	13.4×
2011	13.4×	11.8×	13.4×

Against its peers

Companies in Utilities nearest MGE Energy's size, closest first, today.

Company	EV/EBIT
MGEEMGE Energy	21.8×
CWTCalifornia Water Service	24.9×
HTOH2O America	23.9×
AVAAvista	9.3×
AWRAmerican States Water	18.4×
NWNNorthwest Natural	15.9×
OTTROtter Tail	14.2×
MDUMDU Resources	21.1×
NWENorthWestern Energy	23.9×
OGSONE Gas	17.3×
SRSpire	23.4×
Peer median	19.8×

Where MGE Energy ranks

#31of 63Utility stocks with the lowest EV/EBIT

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on MGE Energy

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.