MGE Energy Inc (MGEE)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | -53,352 | -51,204 | -49,502 | -47,805 | -46,189 | -44,242 | -44,569 | -44,177 | -43,646 | -43,731 | -43,217 | -42,960 | -41,981 | -42,385 | -42,776 | -42,411 | -42,597 | -41,229 | -39,998 | 85,230 |
| Revenue (ttm) | US$ in thousands | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 119,479 |
| Gross profit margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 71.33% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $-53,352K ÷ $0K
= —
Based on the available data, it appears that the gross profit margin for MGE Energy Inc has been stable at around 71.33% over the past few quarters. This consistent level indicates that the company has been able to efficiently manage its cost of goods sold and generate a healthy gross profit relative to its revenue during the specified period. The steadiness of the gross profit margin suggests that MGE Energy Inc has been effectively controlling its production and operating expenses to maintain a strong profitability level.