MGE Energy Inc (MGEE)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	120,569	118,630	115,548	120,435	117,699	118,667	114,530	107,610	110,952	102,961	104,158	105,248	105,761	108,497	105,374	101,314	92,418	93,284	92,147	88,904
Revenue (ttm)	US$ in thousands	676,944	670,181	662,229	664,514	690,431	715,612	718,484	722,834	714,519	686,752	669,225	647,607	606,584	581,027	570,365	556,675	538,633	543,065	546,052	551,159
Net profit margin		17.81%	17.70%	17.45%	18.12%	17.05%	16.58%	15.94%	14.89%	15.53%	14.99%	15.56%	16.25%	17.44%	18.67%	18.47%	18.20%	17.16%	17.18%	16.88%	16.13%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $120,569K ÷ $676,944K
= 17.81%

MGE Energy Inc's net profit margin has shown some fluctuations over the past few years based on the provided data. The net profit margin represents the percentage of each dollar of revenue that translates into profit after all expenses have been deducted.

The trend of MGE Energy Inc's net profit margin from March 2020 to December 2024 indicates a generally increasing trend in the initial period from around 16% to a peak of about 18.5%. However, in the latter years, the net profit margin declined slightly but remained relatively stable in the range of 15% to 18%.

It is essential to consider the factors that may have influenced these fluctuations in the net profit margin, such as changes in operating expenses, revenue growth, or any non-recurring expenses impacting profitability.

Overall, a higher net profit margin indicates better profitability and efficiency in converting revenue into profit, while fluctuations may require further analysis to understand the underlying reasons impacting the company's financial performance.