Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. MGE Energy's annualizedGross Profit for the quarter that ended in Dec. 2023 was $219.7 Mil.
MGE Energy's average Total Assets over the quarter that ended in Dec. 2023 was $2,633.0 Mil. Therefore, MGE Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 8.35%.
MGE Energy Gross-Profit-to-Asset % Historical Data
The historical data trend for MGE Energy's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of MGE Energy's Gross-Profit-to-Asset %
For the Utilities - Regulated Electric subindustry, MGE Energy's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MGE Energy's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, MGE Energy's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where MGE Energy's Gross-Profit-to-Asset % falls into.
MGE Energy Gross-Profit-to-Asset % Calculation
MGE Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
MGE Energy Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of MGE Energy's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
MGE Energy Inc is a U.S. public utilities holding company based in Wisconsin. The firm generates, purchases, and distributes electricity and natural gas, and also provides transmission services, the company generates electricity from coal and purchased power, but also from natural gas, fuel oil, and renewable sources. MGE operates through five segments, which include Regulated electric utility operations, Regulated gas utility operations, Non-regulated energy operations, Transmission investments, and All other segment which includes investing in companies and property and financing the regulated operations. The majority of electric retail revenue is derived from commercial consumers whereas the majority of natural gas revenue is derived from residential consumers.
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