MGE Energy Inc (MGEE)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 146,385 | 137,743 | 117,294 | 109,997 | 110,910 |
| Revenue | US$ in thousands | — | — | — | — | — |
| Operating profit margin | — | — | — | — | — |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $146,385K ÷ $—K
= —
To calculate MGE Energy Inc's operating profit margin, we need the company's operating profit and total revenue figures for the respective years in the provided table. Operating profit margin is a key financial metric that indicates the efficiency of the company in generating profits from its core operations.
Operating profit margin is calculated as:
Operating Profit Margin = (Operating Profit / Total Revenue) x 100%
By dividing the operating profit by total revenue and multiplying by 100%, we can determine the percentage of revenue that remains as operating profit after accounting for the cost of goods sold and operating expenses.
As the specific data for operating profit and total revenue are not provided in the table, we are unable to compute the operating profit margin for MGE Energy Inc for the years 2019 to 2023. To conduct a thorough analysis of the company's financial performance, we would need access to the detailed financial statements of MGE Energy Inc.