MGEE Q4 2023 Earnings — MGE Energy, Inc. Revenue & Financial Results | Market Cap Arena

MGEEMGE Energy, Inc.

$3B

Q4 2023 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$165M-13.3% YoY

Gross Profit

$55M33.4% margin

Operating Income

$24M14.7% margin

Net Income

$20M12.2% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

-$28M

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	$165M	$190M	-13.3%
Gross Profit	$55M	$55M	+0.3%
Operating Income	$24M	$28M	-13.5%
Net Income	$20M	$21M	-4.6%

Revenue Segments

Electric

$112M63%

Gas

$55M31%

Non Regulated Energy

$11M6%