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MARKETS / COMPARE / MGEE VS SRE

MGEE vs SRE

MGE Energy Inc. and Sempra, side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

MGEE vs SRE, at a glance
Metric MGEE SRE
Revenue$743.7M$13.7B
Net income$135.9M$1.8B
Gross margin··
Net margin18.7%15.1%
Return on equity10.7%5.8%
Diluted EPS$3.72$2.75
Dividend / share$1.85$2.58
Payout ratio49.7%87.3%
Free cash flow$-80.0M$-6.0B
Equity$1.3B$31.6B
Net debt / equity0.62×1.05×
Current ratio0.77×1.59×
Revenue CAGR 5y6.7%3.8%
Profit CAGR 5y8.0%·

SRE bills 18.4× the revenue of MGEE, and MGEE keeps more of each dollar of revenue as profit (18.7% against 15.1%).

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.

Revenue by year

10 years side by side

MGEE vs SRE, revenue by year
Fiscal year MGEE SRE
FY2025$743.7M$13.7B
FY2024$676.9M$13.2B
FY2023$690.4M$16.7B
FY2022$714.5M$14.4B
FY2021$606.6M$12.9B
FY2020$538.6M$11.4B
FY2019$568.9M$10.8B
FY2018$559.8M$10.1B
FY2017$563.1M$9.6B
FY2016$544.7M$10.2B
Net income by year

Bottom line

MGEE vs SRE, net income by year
Fiscal year MGEE SRE
FY2025$135.9M$1.8B
FY2024$120.6M$2.9B
FY2023$117.7M$3.1B
FY2022$111.0M$2.1B
FY2021$105.8M$1.3B
FY2020$92.4M$4.1B
FY2019$86.9M$2.4B
FY2018$84.2M$1.1B
FY2017$97.6M$351.0M
FY2016$75.6M$1.5B
Revenue gap over time

18 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$12,958,346,000SRE
FY2024−$12,508,056,000SRE
FY2023−$16,029,569,000SRE
FY2022−$13,724,481,000SRE
FY2021−$12,250,416,000SRE
FY2020−$10,831,367,000SRE
FY2019−$10,260,145,000SRE
FY2018−$9,542,232,000SRE
FY2017−$9,076,901,000SRE
FY2016−$9,638,255,000SRE
FY2015−$9,666,972,000SRE
FY2014−$10,415,148,000SRE
FY2013−$9,966,113,000SRE
FY2012−$9,105,677,000SRE
FY2011−$9,489,618,000SRE
FY2010−$8,470,409,000SRE
FY2009−$7,572,181,000SRE
FY2008−$10,162,007,000SRE

SRE has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.

18 of 18 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

18 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+3.6 ppMGEE
FY2024−8.3 ppSRE
FY2023−4.2 ppSRE
FY2022+0.0 ppMGEE
FY2021+6.5 ppMGEE
FY2020−18.5 ppSRE
FY2019−6.2 ppSRE
FY2018+4.3 ppMGEE
FY2017+14.1 ppMGEE
FY2016−0.7 ppSRE
FY2015−1.2 ppSRE
FY2014+1.8 ppMGEE
FY2013+2.7 ppMGEE
FY2012+2.7 ppMGEE
FY2011−2.3 ppSRE
FY2010+3.3 ppMGEE
FY2009−4.0 ppSRE
FY2008−1.1 ppSRE

The higher net margin has changed hands between MGEE and SRE over this period.

18 of 18 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

SRE's net margin has been more volatile than MGEE's over the 18 comparable fiscal years — 7.3 percentage points of standard deviation against 3.0.

18 of 18 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between MGEE and SRE over these 18 fiscal years — MGEE led in 9 and SRE in 9.

18 of 18 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

SRE's return on equity has been more volatile than MGEE's over the 15 comparable fiscal years — 3.2 percentage points of standard deviation against 0.8.

15 of 18 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between MGEE and SRE over these 15 fiscal years — MGEE led in 9 and SRE in 6.

15 of 18 comparable fiscal years — a year missing data on either side is not counted.

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