MGE Income Before Tax from 2010 to 2024

MGEE Stock  USD 104.75  0.61  0.59%   
MGE Energy's Income Before Tax is increasing over the years with slightly volatile fluctuation. Income Before Tax is expected to dwindle to about 87.9 M. During the period from 2010 to 2024 MGE Energy Income Before Tax annual values regression line had geometric mean of  105,743,824 and mean square error of 519.9 T. View All Fundamentals
 
Income Before Tax  
First Reported
1994-01-31
Previous Quarter
25.3 M
Current Value
44.6 M
Quarterly Volatility
11.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MGE Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGE Energy's main balance sheet or income statement drivers, such as Interest Expense of 15.7 M, Total Revenue of 457.8 M or Gross Profit of 235.6 M, as well as many indicators such as Price To Sales Ratio of 3.98, Dividend Yield of 0.0417 or PTB Ratio of 1.73. MGE financial statements analysis is a perfect complement when working with MGE Energy Valuation or Volatility modules.
  
Check out the analysis of MGE Energy Correlation against competitors.
For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.

Latest MGE Energy's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of MGE Energy over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on MGE Energy income statement and is an important metric when analyzing MGE Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is MGE Energy's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGE Energy's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

MGE Income Before Tax Regression Statistics

Arithmetic Mean109,399,978
Geometric Mean105,743,824
Coefficient Of Variation22.36
Mean Deviation16,106,029
Median111,841,000
Standard Deviation24,456,743
Sample Variance598.1T
Range105.7M
R-Value0.44
Mean Square Error519.9T
R-Squared0.19
Significance0.10
Slope2,401,524
Total Sum of Squares8373.9T

MGE Income Before Tax History

202487.9 M
2023145.5 M
2022137.2 M
2021109.9 M
2020111.8 M
201998.2 M
2018111.7 M

About MGE Energy Financial Statements

MGE Energy stakeholders use historical fundamental indicators, such as MGE Energy's Income Before Tax, to determine how well the company is positioned to perform in the future. Although MGE Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in MGE Energy's assets and liabilities are reflected in the revenues and expenses on MGE Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MGE Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax145.5 M87.9 M

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When determining whether MGE Energy is a strong investment it is important to analyze MGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGE Energy's future performance. For an informed investment choice regarding MGE Stock, refer to the following important reports:
Check out the analysis of MGE Energy Correlation against competitors.
For information on how to trade MGE Stock refer to our How to Trade MGE Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGE Energy. If investors know MGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.079
Dividend Share
1.732
Earnings Share
3.27
Revenue Per Share
18.071
Quarterly Revenue Growth
0.05
The market value of MGE Energy is measured differently than its book value, which is the value of MGE that is recorded on the company's balance sheet. Investors also form their own opinion of MGE Energy's value that differs from its market value or its book value, called intrinsic value, which is MGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGE Energy's market value can be influenced by many factors that don't directly affect MGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.