MGE Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	690.43	714.52	606.58	538.63	568.86	Upgrade
Revenue Growth (YoY)	-3.37%	17.79%	12.62%	-5.31%	1.62%	Upgrade
Cost of Revenue	443.69	491.23	412.31	354.45	386.38	Upgrade
Gross Profit	246.74	223.29	194.28	184.19	182.47	Upgrade
Other Operating Expenses	100.35	85.55	76.98	74.19	71.56	Upgrade
Operating Expenses	100.35	85.55	76.98	74.19	71.56	Upgrade
Operating Income	146.39	137.74	117.29	110	110.91	Upgrade
Interest Expense / Income	30.43	26.65	24.11	23.52	23.06	Upgrade
Other Expense / Income	-29.55	-26.08	-16.69	-25.37	-18.81	Upgrade
Pretax Income	145.5	137.18	109.88	111.84	106.66	Upgrade
Income Tax	27.8	26.22	4.12	19.42	19.78	Upgrade
Net Income	117.7	110.95	105.76	92.42	86.87	Upgrade
Net Income Growth	6.08%	4.91%	14.44%	6.38%	3.15%	Upgrade
Shares Outstanding (Basic)	36	36	36	36	35	Upgrade
Shares Outstanding (Diluted)	36	36	36	36	35	Upgrade
Shares Change	0.03%	0.02%	1.56%	2.72%	-	Upgrade
EPS (Basic)	3.25	3.07	2.92	2.60	2.51	Upgrade
EPS (Diluted)	3.25	3.07	2.92	2.60	2.51	Upgrade
EPS Growth	5.86%	5.14%	12.31%	3.59%	3.29%	Upgrade
Free Cash Flow	15.49	-21.3	-15.64	-30.7	-33.56	Upgrade
Free Cash Flow Per Share	0.43	-0.59	-0.43	-0.86	-0.97	Upgrade
Dividend Per Share	1.670	1.590	1.515	1.445	1.380	Upgrade
Dividend Growth	5.03%	4.95%	4.84%	4.71%	4.47%	Upgrade
Gross Margin	35.74%	31.25%	32.03%	34.19%	32.08%	Upgrade
Operating Margin	21.20%	19.28%	19.34%	20.42%	19.50%	Upgrade
Profit Margin	17.05%	15.53%	17.44%	17.16%	15.27%	Upgrade
Free Cash Flow Margin	2.24%	-2.98%	-2.58%	-5.70%	-5.90%	Upgrade
Effective Tax Rate	19.11%	19.12%	3.75%	17.37%	18.55%	Upgrade
EBITDA	276.28	249.37	210.97	209.55	201.28	Upgrade
EBITDA Margin	40.02%	34.90%	34.78%	38.90%	35.38%	Upgrade
Depreciation & Amortization	100.35	85.55	76.98	74.19	71.56	Upgrade
EBIT	175.93	163.82	133.99	135.36	129.72	Upgrade
EBIT Margin	25.48%	22.93%	22.09%	25.13%	22.80%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).