Which has the lower trailing P/E, MGEE or MWH?

MGEE has the lower trailing P/E: MGEE trades at 17.24 and MWH at 111.50. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does MGEE or MWH pay a bigger dividend?

MGEE pays a dividend (2.74% yield), while MWH has no payments in the available dividend history.

Is MGEE or MWH more profitable?

MGEE runs the higher net margin — MGEE at 19.45% versus MWH at 2.75%.

MGE Energy, Inc. (MGEE) vs SOLV Energy, Inc. Class A Common Stock (MWH)

A side-by-side comparison of MGE Energy, Inc. and SOLV Energy, Inc. Class A Common Stock across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

MGEE

MGE Energy, Inc.

$2.65B

$70.17UtilitiesDelayed quote: Oct 6, 2026, 1:00 PM EDT

MWH

SOLV Energy, Inc. Class A Common Stock

$3.28B

$26.76UtilitiesDelayed quote: Oct 6, 2026, 1:00 PM EDT

Total return — MGEE vs MWH

growth of $100 · dividends reinvested · last 1y

MGEE -11.8% (-11.8%/yr)MWH -18.8% (-18.8%/yr)MGEE compounded faster over this window

MGEE MWH

MGEE vs MWH: by the numbers

•MWH is the larger company ($3.28B vs $2.65B market cap).
•MGEE trades at the lower trailing earnings multiple (17.24 vs 111.50 P/E), one valuation lens rather than an overall verdict.
•MGEE converts more revenue to profit (19.45% vs 2.75% net margin).
•MGEE pays a dividend (2.74% yield), while MWH has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	MGEE	MWH
P/E ratio	17.24	111.50
Forward P/E	17.72	N/A
PEG ratio	2.32	N/A
P/S ratio	3.44	1.03
P/B ratio	1.84	6.61
EV / EBITDA	12.43	10.47
FCF yield	N/A	8.90%

Profitability

Metric	MGEE	MWH
Gross margin	97.31%	15.82%
Operating margin	22.02%	6.00%
Net margin	19.45%	2.75%
ROE	10.39%	17.59%
ROIC	4.72%	13.49%

Dividends

Metric	MGEE	MWH
Dividend yield	2.74%	N/A
Payout ratio	47.50%	N/A

Growth (annualized)

Metric	MGEE	MWH
Revenue CAGR (5Y)	6.16%	N/A
EPS CAGR (5Y)	7.43%	N/A
Total return CAGR (5Y)	0.75%	N/A

Frequently asked

Which has the lower trailing P/E, MGEE or MWH?: MGEE has the lower trailing P/E: MGEE trades at 17.24 and MWH at 111.50. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does MGEE or MWH pay a bigger dividend?: MGEE pays a dividend (2.74% yield), while MWH has no payments in the available dividend history.
Is MGEE or MWH more profitable?: MGEE runs the higher net margin — MGEE at 19.45% versus MWH at 2.75%.

Go deeper

Full MGEE analysis Full MWH analysis Interactive comparison tool

Dig into the metrics

MGE Energy P/E ratio SOLV Energy, Inc. Class A Common Stock P/E ratio MGE Energy dividend yield MGE Energy ROE SOLV Energy, Inc. Class A Common Stock ROE MGE Energy operating margin SOLV Energy, Inc. Class A Common Stock operating margin MGE Energy revenue growth SOLV Energy, Inc. Class A Common Stock revenue growth MGE Energy free cash flow SOLV Energy, Inc. Class A Common Stock free cash flow

MGE Energy & SOLV Energy, Inc. Class A Common Stock appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.