MGEE (MGE Energy) Total Liabilities: $1,859.7 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MGEE MGE Energy Inc MGEE
75 GF Score
Price $79.32
GF Value $86.89
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is MGE Energy Total Liabilities?

MGE Energy MGEE +0.81% 75 Total Liabilities is $1,859.7 Mil as of Jun. 2026. GuruFocus rates MGEE with a GF Score™ of 75/100 and a GF Value™ of $86.89 (Fairly Valued). The stock has 4 warning signs investors should review.

MGE Energy's Total Liabilities for the quarter that ended in Jun. 2026 was $1,859.7 Mil.

MGE Energy's quarterly Total Liabilities declined from Dec. 2025 ($1,851.48 Mil) to Mar. 2026 ($1,836.28 Mil) but then increased from Mar. 2026 ($1,836.28 Mil) to Jun. 2026 ($1,859.69 Mil).

MGE Energy's annual Total Liabilities increased from Dec. 2023 ($1,535.39 Mil) to Dec. 2024 ($1,597.82 Mil) and increased from Dec. 2024 ($1,597.82 Mil) to Dec. 2025 ($1,851.48 Mil).

MGE Energy Total Liabilities Historical Data

* Premium members only.

The historical data trend for MGE Energy's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MGE Energy Total Liabilities Chart

MGE Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,344.44 1,435.93 1,535.39 1,597.82 1,851.48

MGE Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,590.56 1,693.08 1,851.48 1,836.28 1,859.69
MGEE
75GF Score
MGE Energy Inc MGEE
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MGE Energy Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

MGE Energy's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=296.709+(792.205+325.058
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+386.407+51.105+0)
=1,851.5

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=3155.42-1303.936
=1,851.5

MGE Energy's Total Liabilities for the quarter that ended in Jun. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=185.564+(879.104+341.677
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+401.889+51.452+0)
=1,859.7

Total Liabilities=Total Assets (Q: Jun. 2026 )-Total Equity (Q: Jun. 2026 )
=3300.205-1440.519
=1,859.7

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $1,859.7 Mil mean?
MGE Energy (MGEE) has a Total Liabilities of $1,859.7 Mil as of Jun. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for MGE Energy and its competitors.
Is MGE Energy's Total Liabilities too high?
MGE Energy's current Total Liabilities is $1,859.7 Mil. Overall, MGE Energy has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGE Energy's Total Liabilities compare to HE and NWE?
MGE Energy's Total Liabilities of $1,859.7 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for an Utilities - Regulated company?
A good Total Liabilities depends on the Utilities - Regulated industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for MGE Energy and its competitors. MGE Energy's current Total Liabilities is $1,859.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGE Energy stock overvalued right now?
Based on GuruFocus' analysis, MGE Energy (MGEE) is currently considered Fairly Valued. The stock's GF Value™ is $86.89, compared to a current price of $79.32 — trading 8.7% below its estimated fair value. The current Total Liabilities is $1,859.7 Mil. MGE Energy's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For MGE Energy (MGEE), the current Total Liabilities is $1,859.7 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MGE Energy (MGEE) Overvalued in 2026?

Based on GuruFocus' analysis, MGE Energy stock appears to be undervalued. The current stock price of $79.32 is trading 8.7% below its estimated GF Value™ of $86.89. GuruFocus considers MGE Energy to be Fairly Valued.

Key valuation signals for MGEE:

  • Total Liabilities: $1,859.7 Mil
  • GF Value™: $86.89 vs. price of $79.32 (8.7% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the MGEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MGE Energy Business Description

Address 133 South Blair Street, Madison, WI, USA, 53788
MGE Energy provides electric service to 170,000 customers and natural gas service to 180,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings.
75GF Score

Get the complete analysis for MGEE

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$79.32
Price
$86.89
GF Value