MGE Energy
MGEE
#3551
Rank
$2.83 B
Marketcap
$78.50
Share price
1.16%
Change (1 day)
1.76%
Change (1 year)

Operating Margin for MGE Energy (MGEE)

Operating Margin as of April 2024 (TTM): 19.19%

According to MGE Energy 's latest financial reports and stock price the company's current Operating Margin is 19.19%. At the end of 2022 the company had an Operating Margin of 19.20%.

Operating Margin history for MGE Energy from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202219.20%5.99%
202118.11%-12.76%
202020.76%20.28%
201917.26%-13.46%
201819.95%-6.17%
201721.26%-1.93%
201621.67%8.47%
201519.98%-3.61%
201420.73%2.28%
201320.27%6.15%
201219.09%7.65%
201117.74%3.21%
201017.19%15.89%
200914.83%8.02%
200813.73%-3.75%
200714.26%5.96%
200613.46%32.99%
200510.12%-21.09%
200412.83%1.9%
200312.59%-8.83%
200213.81%17.85%
200111.71%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
16.83%-12.30%๐Ÿ‡บ๐Ÿ‡ธ USA
15.77%-17.82%๐Ÿ‡บ๐Ÿ‡ธ USA
9.45%-50.76%๐Ÿ‡บ๐Ÿ‡ธ USA
10.49%-45.34%๐Ÿ‡บ๐Ÿ‡ธ USA
8.75%-54.40%๐Ÿ‡บ๐Ÿ‡ธ USA
17.31%-9.80%๐Ÿ‡บ๐Ÿ‡ธ USA
10.45%-45.54%๐Ÿ‡บ๐Ÿ‡ธ USA
24.48% 27.57%๐Ÿ‡บ๐Ÿ‡ธ USA
6.37%-66.81%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.