MGE Energy Inc (MGEE)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 146,262 | 142,789 | 138,441 | 147,096 | 146,385 | 150,151 | 148,846 | 135,914 | 137,743 | 127,057 | 122,168 | 120,103 | 117,294 | 118,757 | 119,484 | 117,611 | 109,997 | 113,162 | 113,575 | 111,838 |
| 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 |
| Operating profit margin | 21.61% | 21.31% | 20.91% | 22.14% | 21.20% | 20.98% | 20.72% | 18.80% | 19.28% | 18.50% | 18.26% | 18.55% | 19.34% | 20.44% | 20.95% | 21.13% | 20.42% | 20.84% | 20.80% | 20.29% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $146,262K ÷ $676,944K
= 21.61%
The operating profit margin of MGE Energy Inc has shown some fluctuations over the past few quarters. The margin stood at 20.29% as of March 31, 2020, and gradually increased to 21.13% by March 31, 2021. However, there was a slight decline in the margin by the end of June 2021, where it went down to 20.95%.
Throughout the following quarters, the margin fluctuated within a relatively narrow range, with slight decreases and increases. The margin hit a low of 18.26% by the end of June 2022, but then showed a steady recovery, reaching 21.61% by December 31, 2024.
Overall, MGE Energy Inc's operating profit margin has displayed some volatility but generally trended upwards, indicating the company's ability to effectively manage its operating expenses in relation to its revenue generation. Further monitoring of the margin trend will be necessary to assess the company's operational efficiency and profitability in the future.