Basis: Trailing twelve months (TTM net income over the latest quarterly balance sheet). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on assets (ROA) high or low?
The return on assets (ROA) of 4.53% is in line with its 5-year average of 4.32%, near the high end of its 5-year range (4.10%–4.53%).
5.72% above its 12-month average of 4.29%.
Reported quarterly return on assets; no daily interpolation. Q2 FY2026 (2026-06-30): 1.01%.
RETURN ON ASSETS (ROA)
4.53%
RETURN ON ASSETS (ROA) AVG TTM
4.29%
RETURN ON ASSETS (ROA) AVG 3Y
4.34%
RETURN ON ASSETS (ROA) AVG 5Y
4.32%
RETURN ON ASSETS (ROA) AVG 10Y
4.36%
RETURN ON ASSETS (ROA) AVG 15Y
4.32%
RETURN ON ASSETS (ROA) AVG 20Y
4.30%
CURRENT VS TTM AVG
+5.72%
CURRENT VS 3Y AVG
+4.26%
CURRENT VS 5Y AVG
+4.78%
CURRENT VS 10Y AVG
+3.96%
CURRENT VS 15Y AVG
+4.93%
CURRENT VS 20Y AVG
+5.47%
SECTOR MEDIAN · UTILITIES
2.41%
median of 65 covered companies
CURRENT VS SECTOR MEDIAN
+87.97%
vs the sector median at left
MGE Energy, Inc.
Market Cap
$2.65B
Return on Assets (ROA)
4.53%
TTM Avg
4.29%
3Y Avg
4.34%
5Y Avg
4.32%
Market Cap
$2.50B
Return on Assets (ROA)
1.06%
TTM Avg
0.73%
3Y Avg
0.30%
5Y Avg
-0.48%
Market Cap
$2.93B
Return on Assets (ROA)
2.66%
TTM Avg
2.25%
3Y Avg
2.20%
5Y Avg
2.16%
Market Cap
$2.30B
Return on Assets (ROA)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.28B
Return on Assets (ROA)
4.10%
TTM Avg
4.11%
3Y Avg
2.05%
5Y Avg
2.05%
Market Cap
$1.99B
Return on Assets (ROA)
1.96%
TTM Avg
1.67%
3Y Avg
1.77%
5Y Avg
1.84%
Market Cap
$1.48B
Return on Assets (ROA)
-3.09%
TTM Avg
-0.43%
3Y Avg
-3.00%
5Y Avg
-7.90%
Market Cap
$4.10B
Return on Assets (ROA)
-5.17%
TTM Avg
-5.17%
3Y Avg
-5.17%
5Y Avg
-5.17%
| NAME | MARKET CAP | RETURN ON ASSETS (ROA) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MGE Energy, Inc. (MGEE) | $2.65B | 4.53% | 4.29% | 4.34% | 4.32% |
| ReNew Energy Global Plc (RNW)vs › | $2.50B | 1.06% | 0.73% | 0.30% | -0.48% |
| H2O America (HTO)vs › | $2.44B | 1.97% | 2.00% | 1.98% | 1.92% |
| Avista Corporation (AVA)vs › | $2.93B | 2.66% | 2.25% | 2.20% | 2.16% |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.30B | N/A | N/A | N/A | N/A |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.28B | 4.10% | 4.11% | 2.05% | 2.05% |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 1.96% | 1.67% | 1.77% | 1.84% |
| Fluence Energy, Inc. (FLNC)vs › | $1.48B | -3.09% | -0.43% | -3.00% | -7.90% |
| Fervo Energy Company (FRVO)vs › | $4.10B | -5.17% | -5.17% | -5.17% | -5.17% |
| Northwestern Energy Group Inc (NWE)vs › | $4.25B | 1.97% | 2.47% | 2.50% | 2.53% |
ROA
4.5%
ROE
10.4%
ROA = Net Income / Total Assets
Return on assets measures how efficiently a company generates profit from its total assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON ASSETS (ROA) |
|---|---|
| 2025-12-31 | 4.31% |
| 2024-12-31 | 4.26% |
| 2023-12-31 | 4.40% |
| 2022-12-31 | 4.41% |
| 2021-12-31 | 4.46% |
| 2020-12-31 | 4.10% |
| 2019-12-31 | 4.17% |
| 2018-12-31 | 4.24% |
| 2017-12-31 | 5.26% |
| 2016-12-31 | 4.20% |
| 2015-12-31 | 4.12% |
| 2014-12-31 | 4.73% |
| 2013-12-31 | 4.74% |
| 2012-12-31 | 4.06% |
| 2011-12-31 | 4.18% |
| 2010-12-31 | 4.38% |
| 2009-12-31 | 3.98% |
| 2008-12-31 | 4.16% |
| 2007-12-31 | 4.39% |
| 2006-12-31 | 4.32% |
| 2005-12-31 | 3.50% |
| 2004-12-31 | 4.09% |
| 2003-12-31 | 4.25% |
| 2002-12-31 | 4.64% |
| 2001-12-31 | 5.03% |
| 2000-12-31 | 4.79% |
| 1999-12-31 | 4.78% |
| 1998-12-31 | 4.76% |
| 1997-12-31 | 4.77% |
| 1996-12-31 | 1.32% |
