MGE Energy Inc (MGEE)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 145,502 | 146,474 | 141,690 | 132,814 | 137,176 | 123,927 | 119,707 | 116,748 | 109,876 | 115,973 | 117,384 | 116,183 | 111,841 | 112,453 | 111,470 | 107,992 | 106,658 | 108,883 | 109,875 | 115,001 |
| 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 |
| Pretax margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 96.25% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $145,502K ÷ $0K
= —
The pretax margin for MGE Energy Inc has remained consistent at 96.25% for the past 8 quarters, indicating that the company is able to efficiently generate profits before accounting for taxes. This high pretax margin suggests that MGE Energy Inc manages its expenses effectively relative to its revenue, resulting in strong profitability levels. It also signifies that the company has good control over its operating costs and is able to generate significant earnings from its core business operations.