MGE Energy, Inc.MGEENASDAQ
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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+73.3%
5Y CAGR+42.6%
Studio
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+73.3%/yr
vs +8.8%/yr prior
5Y CAGR
+42.6%/yr
Recent acceleration
Acceleration
+64.6pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
5.9x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$553.00M+317.1%
2024$132.57M+8.1%
2023$122.66M+15.5%
2022$106.18M+10.3%
2021$96.26M+2.5%
2020$93.94M+2.8%
2019$91.42M+20.6%
2018$75.82M+4.8%
2017$72.37M+11.8%
2016$64.71M-