MGEE Q3 2024 Earnings — MGE Energy, Inc. Revenue & Financial Results | Market Cap Arena

MGEEMGE Energy, Inc.

$3B

Q3 2024 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$168M+5.0% YoY

Gross Profit

$81M48.3% margin

Operating Income

$48M28.6% margin

Net Income

$41M24.3% margin

EPS (Diluted)

$1.13

QoQ Revenue Growth

+15.6%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$27M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.6B

Stockholders' Equity

$1.2B

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$168M	$161M	+5.0%
Gross Profit	$81M	$75M	+9.0%
Operating Income	$48M	$44M	+9.9%
Net Income	$41M	$38M	+8.1%

Revenue Segments

Electric

$148M80%

Gas

$25M13%

Non Regulated Energy

$11M6%