MGE Operating margin
What is the Operating margin of MGE?
The Operating margin of MGE Energy, Inc. is 20.91%
What is the definition of Operating margin?
Operating margin is the ratio of operating income divided by net sales and presented in percent.
ttm (trailing twelve months)
Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.
Operating margin of companies in the Utilities sector on NASDAQ compared to MGE
What does MGE do?
mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco
Companies with operating margin similar to MGE
- The Kraft Heinz has Operating margin of 20.90%
- Healius has Operating margin of 20.90%
- MOIL has Operating margin of 20.90%
- MOIL has Operating margin of 20.90%
- Sands China has Operating margin of 20.90%
- Sands China has Operating margin of 20.90%
- MGE has Operating margin of 20.91%
- Ultramarine & Pigments has Operating margin of 20.91%
- NVR has Operating margin of 20.92%
- Enerpac Tool Corp has Operating margin of 20.92%
- RGC Resources has Operating margin of 20.93%
- Buckle has Operating margin of 20.93%
- Trisura has Operating margin of 20.94%