MGE Energy Past Earnings Performance
Past criteria checks 3/6
MGE Energy has been growing earnings at an average annual rate of 6.5%, while the Electric Utilities industry saw earnings growing at 12.6% annually. Revenues have been growing at an average rate of 5.9% per year. MGE Energy's return on equity is 9.9%, and it has net margins of 18.1%.
Key information
6.5%
Earnings growth rate
5.7%
EPS growth rate
| Electric Utilities Industry Growth | 7.3% |
| Revenue growth rate | 5.9% |
| Return on equity | 9.9% |
| Net Margin | 18.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How MGE Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 654 | 119 | -8 | 0 |
| 30 Jun 24 | 646 | 116 | -8 | 0 |
| 31 Mar 24 | 648 | 120 | -6 | 0 |
| 31 Dec 23 | 674 | 118 | -5 | 0 |
| 30 Sep 23 | 701 | 119 | -9 | 0 |
| 30 Jun 23 | 704 | 115 | -12 | 0 |
| 31 Mar 23 | 708 | 108 | -16 | 0 |
| 31 Dec 22 | 700 | 111 | -19 | 0 |
| 30 Sep 22 | 673 | 103 | -18 | 0 |
| 30 Jun 22 | 656 | 104 | -18 | 0 |
| 31 Mar 22 | 634 | 105 | -17 | 0 |
| 31 Dec 21 | 593 | 106 | -17 | 0 |
| 30 Sep 21 | 567 | 108 | -15 | 0 |
| 30 Jun 21 | 556 | 105 | -15 | 0 |
| 31 Mar 21 | 543 | 101 | -14 | 0 |
| 31 Dec 20 | 525 | 92 | -13 | 0 |
| 30 Sep 20 | 529 | 93 | -11 | 0 |
| 30 Jun 20 | 532 | 92 | -8 | 0 |
| 31 Mar 20 | 537 | 89 | -5 | 0 |
| 31 Dec 19 | 555 | 87 | -3 | 0 |
| 30 Sep 19 | 554 | 87 | -5 | 0 |
| 30 Jun 19 | 553 | 85 | -7 | 0 |
| 31 Mar 19 | 555 | 88 | -9 | 0 |
| 31 Dec 18 | 545 | 84 | -11 | 0 |
| 30 Sep 18 | 546 | 104 | -10 | 0 |
| 30 Jun 18 | 548 | 101 | -12 | 0 |
| 31 Mar 18 | 550 | 98 | -9 | 0 |
| 31 Dec 17 | 549 | 98 | -6 | 0 |
| 30 Sep 17 | 547 | 76 | -5 | 0 |
| 30 Jun 17 | 544 | 77 | 0 | 0 |
| 31 Mar 17 | 540 | 78 | 0 | 0 |
| 31 Dec 16 | 530 | 76 | -7 | 0 |
| 30 Sep 16 | 522 | 72 | 0 | 0 |
| 30 Jun 16 | 526 | 73 | 0 | 0 |
| 31 Mar 16 | 527 | 70 | 0 | 0 |
| 31 Dec 15 | 549 | 71 | 0 | 0 |
| 30 Sep 15 | 564 | 75 | 0 | 0 |
| 30 Jun 15 | 559 | 70 | 0 | 0 |
| 31 Mar 15 | 565 | 71 | 0 | 0 |
| 31 Dec 14 | 605 | 80 | 0 | 0 |
| 30 Sep 14 | 616 | 79 | 0 | 0 |
| 30 Jun 14 | 621 | 80 | 0 | 0 |
| 31 Mar 14 | 620 | 80 | 0 | 0 |
| 31 Dec 13 | 577 | 75 | 0 | 0 |
Quality Earnings: MG1 has high quality earnings.
Growing Profit Margin: MG1's current net profit margins (18.1%) are higher than last year (16.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MG1's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: MG1's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MG1 had negative earnings growth (-0.03%) over the past year, making it difficult to compare to the Electric Utilities industry average (-13.2%).
Return on Equity
High ROE: MG1's Return on Equity (9.9%) is considered low.