MGEE FY 2023 Earnings — MGE Energy, Inc. Revenue & Financial Results | Market Cap Arena

MGEEMGE Energy, Inc.

$3B

FY 2023 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$690M-3.4% YoY

Gross Profit

$269M39.0% margin

Operating Income

$146M21.2% margin

Net Income

$118M17.0% margin

EPS (Diluted)

$3.25

Cash Flow

Operating Cash Flow

$238M

Free Cash Flow

$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$690M	$715M	-3.4%
Gross Profit	$269M	$244M	+10.3%
Operating Income	$146M	$138M	+6.3%
Net Income	$118M	$111M	+6.1%