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MGEE (MGE Energy) EBIT : $164.1 Mil (TTM As of Sep. 2024)


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What is MGE Energy EBIT?

MGE Energy's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $53.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $164.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MGE Energy's annualized ROC % for the quarter that ended in Sep. 2024 was 6.67%. MGE Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MGE Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.82%.


MGE Energy EBIT Historical Data

The historical data trend for MGE Energy's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MGE Energy EBIT Chart

MGE Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.72 135.36 133.99 163.82 175.93

MGE Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.34 32.87 44.63 33.59 52.98

Competitive Comparison of MGE Energy's EBIT

For the Utilities - Regulated Electric subindustry, MGE Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGE Energy's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MGE Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MGE Energy's EV-to-EBIT falls into.



MGE Energy EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $164.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MGE Energy  (NAS:MGEE) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

MGE Energy's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=192.56 * ( 1 - 8.17% )/( (2635.744 + 2663.522)/ 2 )
=176.827848/2649.633
=6.67 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2749.325 - 70.928 - ( 14.875 - max(0, 149.605 - 210.325+14.875))
=2663.522

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

MGE Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=211.916/( ( (2201.293 + max(58.745, 0)) + (2232.552 + max(58.926, 0)) )/ 2 )
=211.916/( ( 2260.038 + 2291.478 )/ 2 )
=211.916/2275.758
=9.31 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.962 + 70.604 + 48.241) - (72.628 + 0 + 30.434)
=58.745

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.626 + 69.414 + 40.741) - (70.928 + 0 + 24.927)
=58.926

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

MGE Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=164.07/4293.429
=3.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MGE Energy EBIT Related Terms

Thank you for viewing the detailed overview of MGE Energy's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


MGE Energy Business Description

Traded in Other Exchanges
Address
133 South Blair Street, Madison, WI, USA, 53788
MGE Energy provides electric service to 161,000 customers and natural gas service to 173,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings. MGE's generation mix is 40% coal, 21% renewable energy, 17% natural gas, and third-party purchased power.
Executives
James G Berbee director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
Scott Robert Smith officer: VP Bus. Regulatory Strategy 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
James Jerome Lorenz officer: VP Business Operations 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Noble Lynnwood Wray director 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Lynn K Hobbie officer: Exec VP Marketing & Corp Comm 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Gary J Wolter director 133 SOUTH BLAIR ST., P.O. BOX 1231, MADISON WI 53701-1231
Cari Anne Renlund officer: VP and General Counsel 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
James L Possin director 133 SOUTH BLAIR STREET, P.O. BOX 1231, MADISON WI 53701-1231
Tamara Jean Johnson officer: VP Accounting and Controller 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Jared Joseph Bushek officer: VP Finance, CIO & Treasurer 623 RAILROAD STREET, PO BOX 1231, MADISON WI 53701-1231
Marcia M Anderson director 133 S BLAIR STREET, PO BOX 1231, MADISON WI 53701-1231
Jeffrey M Keebler officer: Sr. VP-Energy Supply & Plan 133 S BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Regina M Millner director 133 SOUTH BLAIR ST, P.O. BOX 1231, MADISON WI 53701-1231
Donald D Peterson officer: VP - Energy Technology 133 S. BLAIR ST, PO BOX 1231, MADISON WI 53701-1231
Thomas R Stolper director 133 SOUTH BLAIR STREET, POST OFFICE BOX 1231, MADISON WI 53701-1231

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