AES vs MGEE
AES Corp. and MGE Energy Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AES | MGEE |
|---|---|---|
| Revenue | $12.2B | $743.7M |
| Net income | $910.0M | $135.9M |
| Gross margin | 18.1% | · |
| Net margin | 1.3% | 18.7% |
| Return on equity | 23.6% | 10.7% |
| Diluted EPS | $1.26 | $3.72 |
| Dividend / share | $0.70 | $1.85 |
| Payout ratio | 55.1% | 49.7% |
| Free cash flow | $-1.6B | $-80.0M |
| Equity | $4.1B | $1.3B |
| Net debt / equity | · | 0.62× |
| Current ratio | 0.77× | 0.77× |
| Revenue CAGR 5y | 4.8% | 6.7% |
| Profit CAGR 5y | 81.7% | 8.0% |
AES bills 16.4× the revenue of MGEE, and MGEE keeps more of each dollar of revenue as profit (18.7% against 1.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AES | MGEE |
|---|---|---|
| FY2025 | $12.2B | $743.7M |
| FY2024 | $12.3B | $676.9M |
| FY2023 | $12.7B | $690.4M |
| FY2022 | $12.6B | $714.5M |
| FY2021 | $11.1B | $606.6M |
| FY2020 | $9.7B | $538.6M |
| FY2019 | $10.2B | $568.9M |
| FY2018 | $10.7B | $559.8M |
| FY2017 | $10.5B | $563.1M |
| FY2016 | $10.3B | $544.7M |
Bottom line
| Fiscal year | AES | MGEE |
|---|---|---|
| FY2025 | $910.0M | $135.9M |
| FY2024 | $1.7B | $120.6M |
| FY2023 | $249.0M | $117.7M |
| FY2022 | $-546.0M | $111.0M |
| FY2021 | $-409.0M | $105.8M |
| FY2020 | $46.0M | $92.4M |
| FY2019 | $303.0M | $86.9M |
| FY2018 | $1.2B | $84.2M |
| FY2017 | $-1.2B | $97.6M |
| FY2016 | $-1.1B | $75.6M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$11,489,346,000 | AES |
| FY2024 | +$11,601,056,000 | AES |
| FY2023 | +$11,977,569,000 | AES |
| FY2022 | +$11,902,481,000 | AES |
| FY2021 | +$10,534,416,000 | AES |
| FY2020 | +$9,121,367,000 | AES |
| FY2019 | +$9,620,145,000 | AES |
| FY2018 | +$10,176,232,000 | AES |
| FY2017 | +$9,966,901,000 | AES |
| FY2016 | +$9,736,255,000 | AES |
| FY2015 | +$10,695,972,000 | AES |
| FY2014 | +$15,504,148,000 | AES |
| FY2013 | +$15,300,113,000 | AES |
| FY2012 | +$16,622,677,000 | AES |
| FY2011 | +$15,551,618,000 | AES |
| FY2010 | +$14,910,409,000 | AES |
| FY2009 | +$12,576,181,000 | AES |
AES has reported the higher revenue in every one of these 17 fiscal years. The gap has narrowed since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −17.4 pp | MGEE |
| FY2024 | −11.7 pp | MGEE |
| FY2023 | −18.9 pp | MGEE |
| FY2022 | −19.9 pp | MGEE |
| FY2021 | −26.4 pp | MGEE |
| FY2020 | −16.0 pp | MGEE |
| FY2019 | −11.0 pp | MGEE |
| FY2018 | −0.9 pp | MGEE |
| FY2017 | −25.2 pp | MGEE |
| FY2016 | −21.8 pp | MGEE |
| FY2015 | −6.2 pp | MGEE |
| FY2014 | −6.2 pp | MGEE |
| FY2013 | −9.5 pp | MGEE |
| FY2012 | −14.3 pp | MGEE |
| FY2011 | −1.9 pp | MGEE |
| FY2010 | −4.2 pp | MGEE |
| FY2009 | +3.6 pp | AES |
The higher net margin has changed hands between AES and MGEE over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AES's net margin has been more volatile than MGEE's over the 17 comparable fiscal years — 6.8 percentage points of standard deviation against 2.8.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AES and MGEE over these 17 fiscal years — AES led in 1 and MGEE in 16.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AES's return on equity has been more volatile than MGEE's over the 18 comparable fiscal years — 25.0 percentage points of standard deviation against 0.8.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AES and MGEE over these 18 fiscal years — AES led in 6 and MGEE in 12.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.