MGE Energy
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. MGE Energy's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 3% to $690,431,000. The net income raised on $117,699,000 and profit margin reached 17%. Total operating expenses were $122,657,000.
Profit Margin
| 2014 | 619.85M | 80.31M | 12.96% |
|---|---|---|---|
| 2015 | 564.02M | 71.34M | 12.65% |
| 2016 | 544.74M | 75.56M | 13.87% |
| 2017 | 563.09M | 97.60M | 17.33% |
| 2018 | 559.76M | 84.21M | 15.05% |
| 2019 | 568.85M | 80.77M | 14.2% |
| 2020 | 538.63M | 92.41M | 17.16% |
| 2021 | 606.58M | 105.76M | 17.44% |
| 2022 | 714.51M | 110.95M | 15.53% |
| 2023 | 690.43M | 117.69M | 17.05% |
MGEE Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 690.43M | 714.51M | 606.58M | 538.63M | 568.85M | 559.76M | 563.09M | 544.74M | 564.02M | 619.85M |
Cost of revenue | 421.38M | 470.59M | 393.03M | 334.69M | 365.64M | 369.73M | 361.99M | 351.80M | 375.66M | 421.40M |
Gross profit | 269.04M | 243.92M | 213.55M | 203.93M | 203.21M | 190.02M | 201.10M | 192.93M | 188.35M | 198.44M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 122.65M | 106.18M | 96.25M | 93.94M | 91.42M | 75.82M | 72.37M | 64.70M | 64.10M | 60.34M |
Operating income | 146.38M | 137.74M | 117.29M | 109.99M | 111.79M | 114.20M | 128.73M | 128.22M | 124.25M | 138.09M |
Other income (expenses), net | -883K | -567K | -7.41M | 1.84M | -13.59M | 17.05M | -4.92M | 9.71M | -11.54M | -9.59M |
Income before tax | 145.50M | 137.17M | 109.87M | 111.84M | 98.19M | 111.65M | 119.7M | 118.07M | 112.70M | 128.50M |
Income tax expense | 27.80M | 26.22M | 4.11M | 19.42M | 17.41M | 27.43M | 22.09M | 42.51M | 41.36M | 48.18M |
Net income | 117.69M | 110.95M | 105.76M | 92.41M | 80.77M | 84.21M | 97.60M | 75.56M | 71.34M | 80.31M |
Earnings per share | ||||||||||
Basic EPS | 3.25 | 3.07 | 2.92 | 2.6 | 2.33 | 2.43 | 2.82 | 2.18 | 2.06 | 2.32 |
Diluted EPS | 3.25 | 3.07 | 2.92 | 2.6 | 2.33 | 2.43 | 2.82 | 2.18 | 2.06 | 2.32 |
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