MGE Energy Inc (MGEE)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 145,502 | 137,176 | 109,876 | 111,841 | 106,658 |
| Revenue | US$ in thousands | — | — | — | — | — |
| Pretax margin | — | — | — | — | — |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $145,502K ÷ $—K
= —
To calculate the pretax margin for MGE Energy Inc, we need to use the formula:
Pretax Margin = (Pretax Income / Total Revenue) x 100
Unfortunately, the table provided does not include the pretax income and total revenue figures for MGE Energy Inc for the years 2019 to 2023. Without this specific data, it is not possible to calculate the pretax margin for these years.
However, the pretax margin is a key profitability ratio that indicates the company's ability to generate profits before taxes relative to its total revenue. A higher pretax margin signifies that the company is more efficient in generating profits from its operations. It is essential for investors and analysts to closely monitor the pretax margin over time to assess the company's profitability performance and operational efficiency.