MGE ENERGY INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Operating Revenues:
Total Operating Expenses $416.5m $434.4m $445.6m $457.9m $428.6m $489.3m $576.8m $544.0m $530.7m $573.0m
Operating Income (Loss) $128.2m $128.7m $114.2m $110.9m $110.0m $117.3m $137.7m $146.4m $146.3m $170.7m
Additional Financial Items
Electric revenues $410.2m $414.3m $402.0m $409.0m $394.4m $421.0m $465.8m $490.4m $498.4m $532.2m
Capitalized Computer Software, Amortization $3.0m $3.3m $4.7m $5.1m $5.1m $5.7m $10.8m $10.4m $10.5m $10.1m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $118.1m $119.7m $111.7m $106.7m $111.8m $109.9m $137.2m $145.5m $131.2m $156.7m
Income (Loss) from Equity Method Investments $8.4m $10.1m $8.8m $9.9m $10.2m $9.3m $9.1m $10.6m $12.3m $13.0m
Gas revenue $134.5m $148.8m $157.8m $159.9m $144.3m $185.6m $248.7m $200.0m $178.6m $211.4m
Fuel for electric generation $60.7m $53.0m $56.1m $52.0m $41.7m $54.6m $61.3m $57.6m $54.0m $70.8m
Purchased power $56.3m $58.7m $50.8m $41.5m $42.9m $39.4m $46.8m $41.2m $32.9m $20.0m
Other operations and maintenance $168.0m $173.6m $177.8m $193.3m $186.4m $199.3m $209.9m $215.9m $228.6m $236.9m
Depreciation and amortization $44.6m $53.1m $56.4m $71.6m $74.2m $77.0m $85.5m $100.4m $108.6m $114.3m
Other general taxes $20.1m $19.3m $19.4m $19.9m $19.8m $19.3m $20.6m $22.3m $24.0m $23.9m
Other income, net $9.7m $10.3m $17.1m $18.8m $25.4m $16.7m $26.1m $29.5m $17.8m $19.8m
Income tax provision ($42.5m) ($22.1m) ($27.4m) ($19.8m) ($19.4m) ($4.1m) ($26.2m) ($27.8m) ($10.6m) ($20.8m)
Income before income taxes $118.1m $119.7m $111.7m $106.7m $111.8m $109.9m $137.2m $145.5m $131.2m $156.7m
Net Income (Loss) Attributable to Parent $75.6m $97.6m $84.2m $86.9m $92.4m $105.8m $111.0m $117.7m $120.6m $135.9m
Net Income Including Noncontrolling Interest $75.6m $97.6m $84.2m $86.9m $92.4m $105.8m $111.0m $117.7m $120.6m $135.9m
Less Net Income Attributable to Noncontrolling Interest, net of tax ($86.5m) ($45.1m) ($44.7m) ($44.8m) ($44.8m) ($43.2m) ($43.7m) ($45.7m) ($45.3m)
Earnings Per Share, Basic $1.21 $1.26 $1.32 $1.38 $1.45 $2.92 $3.07 $3.25 $3.33 $3.72
Earnings Per Share, Diluted $2.51 $2.60 $2.92 $3.07 $3.25 $3.33 $3.72
Weighted Average Number of Shares Outstanding, Basic 34.7m 35.6m 36.2m 36.2m 36.2m 36.2m 36.5m
Weighted Average Shares Outstanding, Basic 34.7m 35.6m 36.2m 36.2m 36.2m 36.2m 36.5m
Weighted Average Shares Outstanding, Diluted 34.7m 34.7m 34.7m 34.7m 35.6m 36.2m 36.2m 36.2m 36.2m 36.6m
Weighted Average Number of Shares Outstanding, Diluted 34.7m 34.7m 34.7m 34.7m 35.6m 36.2m 36.2m 36.2m 36.2m 36.6m
Nonoperating Income (Expense) $9.7m $10.3m $17.1m $18.8m $25.4m $16.7m $26.1m $29.5m $17.8m $19.8m
Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity $2.5m $2.3m $5.9m $5.0m $3.0m $5.8m $5.7m $6.2m
Cost of gas sold $66.8m $76.6m $85.0m $79.8m $63.7m $99.7m $152.6m $106.6m $82.7m $107.0m
Interest (expense) income, net ($19.9m) ($19.3m) ($19.6m) ($23.1m) ($23.5m) ($24.1m) ($26.6m) ($30.4m) ($32.9m) ($33.8m)
Interest Income (Expense), Net ($19.9m) ($19.3m) ($19.6m) ($23.1m) ($23.5m) ($24.1m) ($26.6m) ($30.4m) ($32.9m) ($33.8m)
Income Tax Expense (Benefit) $42.5m $22.1m $27.4m $19.8m $19.4m $4.1m $26.2m $27.8m $10.6m $20.8m