Mge Energy annual free cash flow
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2025
Mge Energy Free Cash Flow (FCF) History (MGEE)
Mge Energy reported −$80.0M in free cash flow for fiscal 2025, a decrease of $120.8M from the previous fiscal year, with a free cash flow margin of −10.76%.
View full Mge Energy company overviewMge Energy free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$80.0M | −$120.8M | — | −10.76% |
| 2024 | 2024-12-31 | $40.9M | $25.4M | +163.78% | +6.04% |
| 2023 | 2023-12-31 | $15.5M | $36.8M | — | +2.24% |
| 2022 | 2022-12-31 | −$21.3M | −$5.7M | — | −2.98% |
| 2021 | 2021-12-31 | −$15.6M | $15.1M | — | −2.58% |
| 2020 | 2020-12-31 | −$30.7M | $2.9M | — | −5.70% |
| 2019 | 2019-12-31 | −$33.6M | $25.6M | — | −5.90% |
| 2018 | 2018-12-31 | −$59.2M | −$82.4M | — | −10.57% |
| 2017 | 2017-12-31 | $23.2M | −$41.0M | −63.80% | +4.13% |
| 2016 | 2016-12-31 | $64.2M | −$5.0M | −7.16% | +11.79% |
| 2015 | 2015-12-31 | $69.2M | $33.1M | +91.64% | +12.26% |
| 2014 | 2014-12-31 | $36.1M | $14.9M | +70.06% | +5.82% |
| 2013 | 2013-12-31 | $21.2M | −$26.3M | −55.39% | +3.59% |
| 2012 | 2012-12-31 | $47.6M | −$18.0M | −27.48% | +8.79% |
| 2011 | 2011-12-31 | $65.6M | $1.6M | +2.57% | +12.01% |
| 2010 | 2010-12-31 | $64.0M | $24.0M | +59.96% | +12.01% |
| 2009 | 2009-12-31 | $40.0M | $71.0M | — | +7.49% |
| 2008 | 2008-12-31 | −$31.1M | — | — | −5.21% |
Mge Energy quarterly free cash flow
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Q1.25
Q2.25
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Q4.25
Q1.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | −$20.4M | −$50.7M | — | −8.42% |
| Q4 2025 | 2025-12-31 | −$53.1M | −$48.2M | — | −28.03% |
| Q3 2025 | 2025-09-30 | −$49.1M | −$76.0M | — | −27.92% |
| Q2 2025 | 2025-06-30 | −$8.0M | −$5.8M | — | −5.02% |
| Q1 2025 | 2025-03-31 | $30.2M | $9.2M | +43.55% | +13.80% |
| Q4 2024 | 2024-12-31 | −$4.9M | $23.3M | — | −2.87% |
| Q3 2024 | 2024-09-30 | $27.0M | $2.5M | +10.27% | +16.00% |
| Q2 2024 | 2024-06-30 | −$2.2M | −$13.1M | — | −1.53% |
| Q1 2024 | 2024-03-31 | $21.0M | $12.6M | +149.13% | +11.00% |
| Q4 2023 | 2023-12-31 | −$28.3M | $3.9M | — | −17.16% |
| Q3 2023 | 2023-09-30 | $24.4M | $58.9M | — | +15.23% |
| Q2 2023 | 2023-06-30 | $10.8M | −$3.2M | −22.53% | +7.33% |
| Q1 2023 | 2023-03-31 | $8.4M | −$22.9M | −73.03% | +3.89% |
| Q4 2022 | 2022-12-31 | −$32.2M | $10.6M | — | −16.95% |
| Q3 2022 | 2022-09-30 | −$34.4M | −$58.7M | — | −21.08% |
| Q2 2022 | 2022-06-30 | $14.0M | $20.3M | — | +9.19% |
| Q1 2022 | 2022-03-31 | $31.3M | $22.2M | +242.79% | +14.99% |
| Q4 2021 | 2021-12-31 | −$42.8M | −$15.1M | — | −26.41% |
| Q3 2021 | 2021-09-30 | $24.3M | $27.6M | — | +16.65% |
| Q2 2021 | 2021-06-30 | −$6.3M | $557,000 | — | −4.80% |
| Q1 2021 | 2021-03-31 | $9.1M | $2.1M | +29.40% | +5.44% |
| Q4 2020 | 2020-12-31 | −$27.7M | −$10.8M | — | −20.26% |
| Q3 2020 | 2020-09-30 | −$3.3M | $20.2M | — | −2.42% |
| Q2 2020 | 2020-06-30 | −$6.8M | $7.6M | — | −5.83% |
| Q1 2020 | 2020-03-31 | $7.1M | −$14.2M | −66.79% | +4.71% |
| Q4 2019 | 2019-12-31 | −$16.9M | $31.7M | — | −11.97% |
| Q3 2019 | 2019-09-30 | −$23.5M | −$21.7M | — | −16.99% |
| Q2 2019 | 2019-06-30 | −$14.5M | $3.6M | — | −11.85% |
| Q1 2019 | 2019-03-31 | $21.3M | $11.9M | +127.47% | +12.69% |
| Q4 2018 | 2018-12-31 | −$48.6M | −$42.0M | — | −34.69% |
| Q3 2018 | 2018-09-30 | −$1.8M | −$6.8M | — | −1.30% |
| Q2 2018 | 2018-06-30 | −$18.1M | −$17.8M | — | −14.58% |
| Q1 2018 | 2018-03-31 | $9.3M | −$15.8M | −62.81% | +5.93% |
| Q4 2017 | 2017-12-31 | −$6.6M | −$3.9M | — | −4.72% |
| Q3 2017 | 2017-09-30 | $5.0M | −$9.2M | −64.69% | +3.59% |
| Q2 2017 | 2017-06-30 | −$288,000 | −$24.9M | — | −0.23% |
| Q1 2017 | 2017-03-31 | $25.1M | −$3.0M | −10.51% | +16.03% |
| Q4 2016 | 2016-12-31 | −$2.7M | −$1.5M | — | −1.95% |
| Q3 2016 | 2016-09-30 | $14.2M | −$16.4M | −53.55% | +10.38% |
| Q2 2016 | 2016-06-30 | $24.6M | $8.0M | +47.74% | +20.26% |
| Q1 2016 | 2016-03-31 | $28.1M | $5.0M | +21.55% | +19.04% |
| Q4 2015 | 2015-12-31 | −$1.2M | $17.6M | — | −0.91% |
| Q3 2015 | 2015-09-30 | $30.6M | $18.1M | +145.95% | +21.71% |
| Q2 2015 | 2015-06-30 | $16.7M | $10.8M | +185.63% | +13.65% |
| Q1 2015 | 2015-03-31 | $23.1M | −$13.5M | −36.81% | +13.58% |
| Q4 2014 | 2014-12-31 | −$18.7M | −$23.5M | — | −12.87% |
| Q3 2014 | 2014-09-30 | $12.4M | −$1.1M | −8.07% | +9.20% |
| Q2 2014 | 2014-06-30 | $5.8M | $2.3M | +66.66% | +4.53% |
| Q1 2014 | 2014-03-31 | $36.6M | $37.1M | — | +17.39% |
| Q4 2013 | 2013-12-31 | $4.7M | $7.1M | — | +3.03% |
| Q3 2013 | 2013-09-30 | $13.5M | −$15.2M | −52.97% | +9.65% |
| Q2 2013 | 2013-06-30 | $3.5M | −$8.5M | −70.72% | +2.73% |
| Q1 2013 | 2013-03-31 | −$512,000 | −$9.8M | — | −0.31% |
| Q4 2012 | 2012-12-31 | −$2.4M | −$6.3M | — | −1.76% |
| Q3 2012 | 2012-09-30 | $28.7M | $5.9M | +25.88% | +20.85% |
| Q2 2012 | 2012-06-30 | $12.0M | $1.3M | +12.46% | +10.21% |
| Q1 2012 | 2012-03-31 | $9.3M | −$18.9M | −67.12% | +6.21% |
| Q4 2011 | 2011-12-31 | $3.9M | $80.6M | — | +3.00% |
| Q3 2011 | 2011-09-30 | $22.8M | $4.5M | +24.71% | +17.09% |
| Q2 2011 | 2011-06-30 | $10.6M | $19.2M | — | +9.07% |
| Q1 2011 | 2011-03-31 | $28.2M | $12.6M | +80.81% | +17.13% |
| Q4 2010 | 2010-12-31 | −$76.7M | −$79.0M | — | −56.40% |
| Q3 2010 | 2010-09-30 | $18.3M | — | — | +14.31% |
| Q2 2010 | 2010-06-30 | −$8.6M | — | — | −7.87% |
| Q1 2010 | 2010-03-31 | $15.6M | — | — | +9.77% |
| Q3 2009 | 2009-09-30 | $2.3M | — | — | +2.10% |
Mge Energy free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$30.7M to −$80.0M, a net decrease of $49.3M. Mge Energy's latest reported quarter, Q1 2026, generated −$20.4M in free cash flow, a decrease of $50.7M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Mge Energy filings at SEC.gov ↗