MGE Energy Inc (MGEE)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | -53,252 | -46,189 | -43,647 | -41,981 | -43,467 |
| Revenue | US$ in thousands | — | — | — | — | — |
| Gross profit margin | — | — | — | — | — |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $-53,252K ÷ $—K
= —
To calculate the gross profit margin of MGE Energy Inc, we need to use the formula:
Gross Profit Margin = (Revenue - Cost of Goods Sold) / Revenue
Given the data provided, we need the revenue and cost of goods sold figures for the respective years in order to compute the gross profit margin. Without this information, it is not possible to analyze the trend in MGE Energy Inc's gross profit margin over the past five years.
We recommend accessing the company's detailed financial statements, particularly the income statement, to obtain the necessary figures for calculation and to perform a thorough analysis of MGE Energy Inc's gross profit margin.