Stocks / HE vs MGEE

HE vs MGEE: Which Stock Is the Better Buy?

Hawaiian Electric Industries, Inc. and MGE Energy, Inc. side by side — fundamentals from SEC filings, refreshed nightly. Sector: Utilities.

MGEE is the larger company ($2.9B vs $2.3B). On the fundamentals, MGEE earns a higher net margin (18.3% vs 4.0%); MGEE has the stronger return on equity (10.4% vs 7.7%); HE trades cheaper on earnings (17.7× vs 19.9×). On the filings, MGEE carries fewer potential red flags (0 vs 2). Full numbers below — the stronger figure on each row is in green.

AI verdict — HE vs MGEE, read from the filings

The stronger business, the cheaper stock, and the risks — synthesised from both companies’ SEC filings, every figure computed not guessed. Not investment advice.

 Hawaiian Electric Industries, Inc. (HE)MGE Energy, Inc. (MGEE)
Market cap$2.3B$2.9B
Revenue (latest FY)$3.09B$743.65M
Net income (latest FY)$123.12M$135.89M
Revenue growth (5y CAGR)3.7%
Net margin4.0%18.3%
Return on equity7.7%10.4%
P/E ratio17.719.9
Dividend yield2.5%
Profitable years (of last 10)910
Positive free cash flowYesNo

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Use the filing period and source shown by each tool before treating two figures as comparable.

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See the full HE vs MGEE breakdown

Both companies across 19 years of income statement, balance sheet and cash flow — with ratios, health checks and Ask, the SEC-grounded research assistant. Free, no account needed.

Open HE's full financials →   Open MGEE's full financials →

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Frequently asked questions

Which is bigger, HE or MGEE?

MGE Energy, Inc. is larger by market capitalization — $2.9B versus $2.3B.

Which grows faster, HE or MGEE?

Five-year growth data is not available for both companies.

Where does this data come from?

All figures are computed from official SEC filings (10-K), refreshed nightly. This is a data comparison, not investment advice.

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