MGEE vs. IMO
MGEE (MGE Energy, Inc.) and IMO (Imperial Oil Limited) are both stocks. MGEE operates in Utilities - Diversified (Utilities), while IMO operates in Oil & Gas Integrated (Energy). Over the past 10 years, MGEE returned 5.82%/yr vs 17.40%/yr for IMO. At a 0.16 correlation, their price movements are largely independent.
Performance
MGEE vs. IMO - Performance Comparison
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Returns By Period
In the year-to-date period, MGEE achieves a -3.97% return, which is significantly lower than IMO's 44.93% return. Over the past 10 years, MGEE has underperformed IMO with an annualized return of 5.82%, while IMO has yielded a comparatively higher 17.40% annualized return.
MGEE
- 1D
- 2.44%
- 1M
- -7.11%
- YTD
- -3.97%
- 6M
- -5.19%
- 1Y
- -15.65%
- 3Y*
- 2.70%
- 5Y*
- 1.83%
- 10Y*
- 5.82%
IMO
- 1D
- 3.00%
- 1M
- -3.16%
- YTD
- 44.93%
- 6M
- 32.49%
- 1Y
- 75.56%
- 3Y*
- 40.69%
- 5Y*
- 33.07%
- 10Y*
- 17.40%
MGEE vs. IMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGEE MGE Energy, Inc. | -3.97% | -14.75% | 32.80% | 5.10% | -12.57% | 19.90% | -9.30% | 34.04% | -2.90% | -1.48% |
IMO Imperial Oil Limited | 44.93% | 43.85% | 10.47% | 20.89% | 38.00% | 95.29% | -25.37% | 7.16% | -17.21% | -8.36% |
Correlation
The correlation between MGEE and IMO is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.16 |
The correlation between MGEE and IMO shifts across timeframes, from 0.02 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MGEE:
$2.72B
IMO:
$60.32B
MGEE:
$3.90
IMO:
$5.87
MGEE:
19.06
IMO:
21.20
MGEE:
3.03
IMO:
0.47
MGEE:
3.55
IMO:
1.33
MGEE:
2.18
IMO:
2.65
MGEE:
$767.39M
IMO:
$46.55B
MGEE:
$744.92M
IMO:
$7.69B
MGEE:
$282.54M
IMO:
$6.36B
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Return for Risk
MGEE vs. IMO — Risk / Return Rank
MGEE
IMO
MGEE vs. IMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MGE Energy, Inc. (MGEE) and Imperial Oil Limited (IMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| MGEE | IMO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.77 | 2.81 | -3.58 |
Sortino ratioReturn per unit of downside risk | -0.94 | 3.41 | -4.35 |
Omega ratioGain probability vs. loss probability | 0.88 | 1.42 | -0.53 |
Calmar ratioReturn relative to maximum drawdown | -0.82 | 4.76 | -5.58 |
Martin ratioReturn relative to average drawdown | -1.55 | 14.78 | -16.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MGEE | IMO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.77 | 2.81 | -3.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 1.02 | -0.94 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.49 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.44 | -0.05 |
Drawdowns
MGEE vs. IMO - Drawdown Comparison
The maximum MGEE drawdown since its inception was -33.91%, smaller than the maximum IMO drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for MGEE and IMO.
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Drawdown Indicators
| MGEE | IMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.91% | -84.82% | +50.91% |
Max Drawdown (1Y)Largest decline over 1 year | -19.07% | -16.51% | -2.56% |
Max Drawdown (3Y)Largest decline over 3 years | -30.88% | -22.95% | -7.93% |
Max Drawdown (5Y)Largest decline over 5 years | -30.88% | -29.72% | -1.16% |
Max Drawdown (10Y)Largest decline over 10 years | -33.91% | -76.96% | +43.05% |
Current DrawdownCurrent decline from peak | -28.58% | -10.06% | -18.52% |
Average DrawdownAverage peak-to-trough decline | -7.63% | -21.20% | +13.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.14% | 5.32% | +4.82% |
Volatility
MGEE vs. IMO - Volatility Comparison
The current volatility for MGE Energy, Inc. (MGEE) is 9.76%, while Imperial Oil Limited (IMO) has a volatility of 10.46%. This indicates that MGEE experiences smaller price fluctuations and is considered to be less risky than IMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGEE | IMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.76% | 10.46% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 16.39% | 22.20% | -5.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.42% | 27.09% | -6.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.31% | 32.61% | -9.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.43% | 35.56% | -8.13% |
Dividends
MGEE vs. IMO - Dividend Comparison
MGEE's dividend yield for the trailing twelve months is around 2.55%, more than IMO's 1.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMO Imperial Oil Limited | 1.78% | 2.40% | 2.84% | 2.73% | 2.30% | 2.28% | 3.50% | 2.41% | 2.36% | 2.02% | 1.70% | 1.66% |
MGEE MGE Energy, Inc. | 2.55% | 2.36% | 1.87% | 2.31% | 2.26% | 1.84% | 2.06% | 1.75% | 2.20% | 2.00% | 1.85% | 2.49% |
Financials
MGEE vs. IMO - Financials Comparison
This section allows you to compare key financial metrics between MGE Energy, Inc. and Imperial Oil Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MGEE vs. IMO - Profitability Comparison
MGEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MGE Energy, Inc. reported a gross profit of 240.24M and revenue of 242.70M. Therefore, the gross margin over that period was 99.0%.
IMO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported a gross profit of 2.51B and revenue of 12.45B. Therefore, the gross margin over that period was 20.2%.
MGEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MGE Energy, Inc. reported an operating income of 53.15M and revenue of 242.70M, resulting in an operating margin of 21.9%.
IMO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported an operating income of 1.23B and revenue of 12.45B, resulting in an operating margin of 9.9%.
MGEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MGE Energy, Inc. reported a net income of 48.48M and revenue of 242.70M, resulting in a net margin of 20.0%.
IMO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Imperial Oil Limited reported a net income of 940.00M and revenue of 12.45B, resulting in a net margin of 7.6%.
Frequently Asked Questions
MGEE and IMO have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMO has higher volatility (10.46%) compared to MGEE (9.76%). In terms of maximum drawdown, MGEE dropped -33.91% vs IMO's -84.82%.
IMO currently has the higher Sharpe Ratio (2.81 vs -0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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