MGE Energy Inc (MGEE)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 71.33% |
| Operating profit margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 99.21% |
| Pretax margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 96.25% |
| Net profit margin | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 73.84% |
The profitability ratios for MGE Energy Inc show a consistent and healthy performance over the past few quarters. The gross profit margin, which represents the percentage of revenue retained after accounting for the cost of goods sold, has been consistently strong, with a notable figure of 71.33% in the most recent quarter.
Furthermore, the operating profit margin, which indicates the company's ability to generate profits from its core operations, has also been solid, as evidenced by a figure of 99.21% in the previous year. This suggests efficient cost management and operational effectiveness.
The pretax margin, reflecting the proportion of revenue that translates into profit before taxes, has shown stability and strength, with a significant figure of 96.25% in a past quarter.
Lastly, the net profit margin, which measures the percentage of revenue that remains as profit after all expenses have been deducted, has been consistently healthy, with a noteworthy margin of 73.84% in the past.
Overall, the profitability ratios indicate that MGE Energy Inc has been managing its costs effectively, generating strong profits from its operations, and maintaining a solid financial performance over the analyzed periods.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 5.33% | 5.47% | 5.63% | 5.92% |
| Return on assets (ROA) | 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% | 4.17% | 4.19% | 4.22% | 4.40% |
| Return on total capital | 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% | 8.04% | 8.43% | 8.62% | 8.97% |
| Return on equity (ROE) | 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% | 10.15% | 10.17% | 10.26% | 10.64% |
MGE Energy Inc's profitability ratios show consistent performance over the past several quarters.
- Operating return on assets (Operating ROA) has ranged between 5.01% to 5.81%, indicating the company's efficiency in generating operating income from its assets.
- Return on assets (ROA) has varied from 4.10% to 4.58%, demonstrating the company's ability to generate profits relative to its total assets.
- Return on total capital has fluctuated between 7.14% to 8.97%, showcasing the company's profitability in relation to its total capital employed.
- Return on equity (ROE) has shown a range from 9.47% to 10.55%, reflecting the company's profitability in generating returns for its shareholders.
Overall, MGE Energy Inc has maintained a stable and reasonable level of profitability across these key ratios, indicating effective management of resources and generating returns for both the company and its investors.