MGE Energy vs Otter Tail
Otter Tail reported revenue of $1.3 billion in fiscal 2025, 1.7 times MGE Energy's $744 million in fiscal 2025. MGE Energy's revenue grew 9.8% in its latest year, and Otter Tail's fell 2.3%. MGE Energy had an operating margin of 22.9%, against 26.6% at Otter Tail. Free cash flow was −$80 million at MGE Energy and $98 million at Otter Tail.
Side by side
| MGE Energy | Otter Tail | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $744M | $1.3B |
| Revenue growth | 9.8% | −2.3% |
| Revenue growth a year, last 5 years | 6.7% | 8.0% |
| Gross margin | — | — |
| Operating margin | 22.9% | 26.6% |
| Net margin | 18.3% | 21.2% |
| Free cash flow | −$80M | $98M |
| Free cash flow margin | −10.8% | 7.5% |
| Return on capital | 7.0% | 12.2% |
| Net debt to EBITDA | — | 1.3x |
| Dividends and buybacks | $68M | $88M |
| Change in diluted share count | 0.9% | 0.1% |
| Last close | $73.54 | $90.07 |
| P/E at the last close | 18.9× | 19.4× |
| Insider trades, last 12 months | bought $92,720, sold $0 | sold $394,044 |
| Piotroski F-score | 5 of 8 | 5 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
MGE EnergyOtter Tail
Operating margin
Percent of revenue
MGE EnergyOtter Tail
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
MGE EnergyOtter Tail
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the MGE Energy and Otter Tail pages.