MGEE Q3 2023 Earnings — MGE Energy, Inc. Revenue & Financial Results | Market Cap Arena

MGEEMGE Energy, Inc.

$3B

Q3 2023 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$161M-1.8% YoY

Gross Profit

$75M46.5% margin

Operating Income

$44M27.3% margin

Net Income

$38M23.6% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

+8.5%

Cash Flow

Operating Cash Flow

$67M

Free Cash Flow

$24M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$161M	$163M	-1.8%
Gross Profit	$75M	$69M	+8.1%
Operating Income	$44M	$42M	+3.1%
Net Income	$38M	$34M	+12.3%

Revenue Segments

Electric

$139M80%

Gas

$25M14%

Non Regulated Energy

$11M6%