Mge Energy (MGEE) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
676.9M
Gross Profit
278.8M
41.19%
Operating Income
146.3M
21.61%
Net Income
120.6M
17.81%
Balance Sheet Metrics
Total Assets
2.8B
Total Liabilities
1.6B
Shareholders Equity
1.2B
Debt to Equity
1.30
Cash Flow Metrics
Operating Cash Flow
267.9M
Free Cash Flow
40.9M
Revenue & Profitability Trend
Mge Energy Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 676.9M | 690.4M | 714.5M | 606.6M | 538.6M |
| Cost of Goods Sold | 398.1M | 421.4M | 470.6M | 393.0M | 334.7M |
| Gross Profit | 278.8M | 269.0M | 243.9M | 213.6M | 203.9M |
| Operating Expenses | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 146.3M | 146.4M | 137.7M | 117.3M | 110.0M |
| Pre-tax Income | 131.2M | 145.5M | 137.2M | 109.9M | 111.8M |
| Income Tax | 10.6M | 27.8M | 26.2M | 4.1M | 19.4M |
| Net Income | 120.6M | 117.7M | 111.0M | 105.8M | 92.4M |
| EPS (Diluted) | - | $3.25 | $3.07 | $2.92 | $2.60 |
Income Statement Trend
Mge Energy Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 227.3M | 238.2M | 243.5M | 199.4M | 209.5M |
| Non-Current Assets | 2.6B | 2.4B | 2.3B | 2.2B | 2.0B |
| Total Assets | 2.8B | 2.7B | 2.5B | 2.4B | 2.3B |
| Liabilities | |||||
| Current Liabilities | 125.6M | 157.2M | 225.1M | 117.8M | 190.9M |
| Non-Current Liabilities | 1.5B | 1.4B | 1.2B | 1.2B | 1.1B |
| Total Liabilities | 1.6B | 1.5B | 1.4B | 1.3B | 1.3B |
| Equity | |||||
| Total Shareholders Equity | 1.2B | 1.1B | 1.1B | 1.0B | 976.0M |
Balance Sheet Composition
Mge Energy Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 120.6M | 117.7M | 111.0M | 105.8M | 92.4M |
| Operating Cash Flow | 267.9M | 246.9M | 161.1M | 144.7M | 174.3M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | -4.6M | -7.9M | -5.1M | -3.8M | -7.3M |
| Financing Activities | |||||
| Dividends Paid | -63.6M | -60.4M | -57.5M | -54.8M | -51.7M |
| Financing Cash Flow | -26.8M | -10.5M | 25.5M | -8.8M | 59.2M |
| Free Cash Flow | 40.9M | 15.5M | -21.3M | -15.6M | -30.7M |
Cash Flow Trend
Mge Energy Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
25.28
Forward P/E
22.20
Price to Book
2.60
Price to Sales
4.76
PEG Ratio
22.20
Profitability Ratios
Profit Margin
18.67%
Operating Margin
25.54%
Return on Equity
10.62%
Return on Assets
3.82%
Financial Health
Current Ratio
2.07
Debt to Equity
60.99
Beta
0.77
Per Share Data
EPS (TTM)
$3.54
Book Value per Share
$34.46
Revenue per Share
$18.94
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| mgee | 3.3B | 25.28 | 2.60 | 10.62% | 18.67% | 60.99 |
| NextEra Energy | 145.6B | 26.49 | 2.92 | 7.06% | 21.81% | 148.56 |
| Southern Company | 99.8B | 21.74 | 2.94 | 12.24% | 16.54% | 188.38 |
| Oge Energy | 9.0B | 18.56 | 1.95 | 10.72% | 15.48% | 127.58 |
| Oklo | 8.8B | -82.04 | 30.96 | -56.03% | 0.00% | 0.67 |
| Companhia Paranaense | 6.6B | 14.72 | 0.95 | 9.58% | 12.73% | 72.95 |
Financial data is updated regularly. All figures are in the company's reporting currency.