MGE Energy Inc (MGEE)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 131,165 | 131,817 | 133,921 | 144,222 | 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 |
| 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 |
| Pretax margin | 19.38% | 19.67% | 20.22% | 21.70% | 21.07% | 20.47% | 19.72% | 18.37% | 19.20% | 18.05% | 17.89% | 18.03% | 18.11% | 19.96% | 20.58% | 20.87% | 20.76% | 20.71% | 20.41% | 19.59% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $131,165K ÷ $676,944K
= 19.38%
The pretax margin of MGE Energy Inc has shown fluctuations over the last few quarters. It started at a strong level of 19.59% in March 2020, then steadily increased to reach a peak of 21.70% by March 2024. However, there were periods of decline in between, notably in the latter half of 2021 and in mid-2022. The company's pretax margin exhibited some volatility, indicating changes in its ability to generate profits before tax expenses relative to its revenue. Overall, the trend shows that MGE Energy Inc has been able to maintain a relatively healthy pretax margin, with some variability in performance over the analyzed period.