MGE Energy Inc (MGEE)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | -8.67% | -8.41% | -8.23% | -8.12% | -7.73% | -7.16% | -6.89% | -6.61% | -6.46% | -6.44% | -6.66% | -6.82% | -7.20% | -7.53% | -7.58% | -7.72% | -7.79% | -7.80% | -7.83% | -7.69% |
| 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% |
| 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% |
| Net profit margin | 17.81% | 17.70% | 17.45% | 18.12% | 17.05% | 16.58% | 15.94% | 14.89% | 15.53% | 14.99% | 15.56% | 16.25% | 17.44% | 18.67% | 18.47% | 18.20% | 17.16% | 17.18% | 16.88% | 16.13% |
The Gross Profit Margin of MGE Energy Inc has shown a decreasing trend over the analyzed period, starting from -7.69% in March 2020 to -8.67% in December 2024. This suggests that the company's profitability from core operations has been declining.
On the other hand, the Operating Profit Margin initially increased from 20.29% in March 2020 to 22.14% in March 2024, signifying efficient management in generating profits from operations. However, there was a slight decrease to 21.61% by December 2024.
The Pretax Margin reflects the company's performance before taxes, showing fluctuations over time. It ranged from 18.03% in June 2022 to 21.70% in March 2024. This indicates variability in the company's ability to generate profits before accounting for taxes.
The Net Profit Margin, which represents the company's bottom line profitability, had a fluctuating pattern over the period analyzed. It moved from 14.89% in March 2023 to 18.47% in June 2021 but experienced a slight decline to 17.81% by December 2024. This shows the company's ability to convert revenue into net income has been inconsistent, with some periods of improvement followed by declines.
Return on investment
| 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 return on assets (Operating ROA) | 5.17% | 5.19% | 5.08% | 5.50% | 5.47% | 5.80% | 5.81% | 5.39% | 5.47% | 5.15% | 5.01% | 5.05% | 4.95% | 5.01% | 5.19% | 5.18% | 4.88% | 5.15% | 5.25% | 5.40% |
| Return on assets (ROA) | 4.26% | 4.31% | 4.24% | 4.50% | 4.40% | 4.58% | 4.47% | 4.27% | 4.41% | 4.18% | 4.27% | 4.43% | 4.46% | 4.58% | 4.58% | 4.46% | 4.10% | 4.25% | 4.26% | 4.29% |
| Return on total capital | 7.34% | 7.47% | 7.35% | 7.84% | 7.87% | 8.23% | 8.44% | 7.76% | 8.26% | 7.76% | 7.41% | 7.23% | 7.14% | 7.23% | 7.64% | 7.76% | 7.36% | 7.57% | 7.69% | 8.03% |
| Return on equity (ROE) | 9.80% | 9.93% | 9.90% | 10.39% | 10.32% | 10.45% | 10.29% | 9.80% | 10.26% | 9.58% | 9.86% | 10.04% | 10.29% | 10.55% | 10.46% | 10.15% | 9.47% | 9.58% | 9.65% | 10.22% |
MGE Energy Inc has demonstrated consistent profitability over the period of March 2020 to December 2024 based on the following key profitability ratios:
1. Operating return on assets (Operating ROA) indicates the company's efficiency in generating operating income from its total assets. It ranged from 4.88% to 5.81% during this period, with a slight uptrend observed towards the end of 2024.
2. Return on assets (ROA) represents the company's overall ability to generate profit from its assets. MGE Energy Inc maintained a range of 4.10% to 4.58% for this ratio, showing stable performance over the years.
3. Return on total capital highlights the return earned on all capital invested in the company, including debt and equity. The ratio ranged from 7.23% to 8.44%, with a peak in mid-2023 followed by a slight decline towards the end of 2024.
4. Return on equity (ROE) reflects the return generated on shareholders' equity. MGE Energy Inc's ROE varied between 9.47% and 10.55% during the period, indicating a solid performance in generating returns for its equity investors.
Overall, MGE Energy Inc has maintained profitability levels within a relatively stable range over the years, suggesting effective management of assets and capital to drive earnings and returns for its stakeholders.