MGE Net Income from 2010 to 2024

MGEE Stock  USD 104.13  0.24  0.23%   
MGE Energy's Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 123.6 M this year. During the period from 2010 to 2024 MGE Energy Net Income annual values regression line had geometric mean of  78,867,875 and mean square error of 119.8 T. View All Fundamentals
 
Net Income  
First Reported
1989-04-30
Previous Quarter
23.8 M
Current Value
40.9 M
Quarterly Volatility
9.3 M
 
Oil Shock
 
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 Net Income Growth Pattern

Below is the plot of the Net Income of MGE Energy over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in MGE Energy financial statement analysis. It represents the amount of money remaining after all of MGE Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is MGE Energy's Net Income 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.
ViewLast Reported 117.7 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

MGE Net Income Regression Statistics

Arithmetic Mean84,121,263
Geometric Mean78,867,875
Coefficient Of Variation30.71
Mean Deviation19,118,681
Median80,779,000
Standard Deviation25,832,316
Sample Variance667.3T
Range102.3M
R-Value0.91
Mean Square Error119.8T
R-Squared0.83
Slope5,272,842
Total Sum of Squares9342.3T

MGE Net Income History

2024123.6 M
2023117.7 M
2022111 M
2021105.8 M
202092.4 M
201980.8 M
201884.2 M

Other Fundumenentals of MGE Energy

MGE Energy Net Income component correlations

About MGE Energy Financial Statements

MGE Energy stakeholders use historical fundamental indicators, such as MGE Energy's Net Income, 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
Net Income117.7 M68.2 M
Net Income Applicable To Common Shares127.6 M68.8 M
Net Income From Continuing Ops117.7 M101.9 M
Net Income Per Share 3.25  3.42 
Net Income Per E B T 0.81  0.54 

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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.