Mge Energy annual operating margin
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2025
Mge Energy Operating Margin Growth & History (MGEE)
Mge Energy's operating margin was 22.95% for fiscal 2025.
View full Mge Energy company overviewMge Energy annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 22.95% | +1.34 pp |
| 2024 | 2024-12-31 | 21.61% | +0.40 pp |
| 2023 | 2023-12-31 | 21.20% | +1.92 pp |
| 2022 | 2022-12-31 | 19.28% | −0.06 pp |
| 2021 | 2021-12-31 | 19.34% | −1.08 pp |
| 2020 | 2020-12-31 | 20.42% | +0.92 pp |
| 2019 | 2019-12-31 | 19.50% | −0.91 pp |
| 2018 | 2018-12-31 | 20.40% | −9.68 pp |
| 2017 | 2017-12-31 | 30.08% | −0.12 pp |
| 2016 | 2016-12-31 | 30.20% | +0.64 pp |
| 2015 | 2015-12-31 | 29.56% | −5.12 pp |
| 2014 | 2014-12-31 | 34.69% | +3.00 pp |
| 2013 | 2013-12-31 | 31.68% | +2.94 pp |
| 2012 | 2012-12-31 | 28.74% | +0.04 pp |
| 2011 | 2011-12-31 | 28.70% | +1.92 pp |
| 2010 | 2010-12-31 | 26.78% | +1.30 pp |
| 2009 | 2009-12-31 | 25.48% | +0.10 pp |
| 2008 | 2008-12-31 | 25.37% | — |
Mge Energy quarterly operating margin
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 20.25% | −1.22 pp |
| Q1 2026 | 2026-03-31 | 21.90% | −2.24 pp |
| Q4 2025 | 2025-12-31 | 17.14% | +1.01 pp |
| Q3 2025 | 2025-09-30 | 29.07% | +0.50 pp |
| Q2 2025 | 2025-06-30 | 21.46% | +1.06 pp |
| Q1 2025 | 2025-03-31 | 24.14% | +2.85 pp |
| Q4 2024 | 2024-12-31 | 16.13% | +1.45 pp |
| Q3 2024 | 2024-09-30 | 28.57% | +1.29 pp |
| Q2 2024 | 2024-06-30 | 20.41% | −5.53 pp |
| Q1 2024 | 2024-03-31 | 21.29% | +2.87 pp |
| Q4 2023 | 2023-12-31 | 14.68% | −0.04 pp |
| Q3 2023 | 2023-09-30 | 27.28% | +1.28 pp |
| Q2 2023 | 2023-06-30 | 25.94% | +9.23 pp |
| Q1 2023 | 2023-03-31 | 18.43% | −1.61 pp |
| Q4 2022 | 2022-12-31 | 14.72% | +4.07 pp |
| Q3 2022 | 2022-09-30 | 26.00% | +0.23 pp |
| Q2 2022 | 2022-06-30 | 16.71% | −1.18 pp |
| Q1 2022 | 2022-03-31 | 20.04% | −3.22 pp |
| Q4 2021 | 2021-12-31 | 10.64% | −3.06 pp |
| Q3 2021 | 2021-09-30 | 25.77% | −2.57 pp |
| Q2 2021 | 2021-06-30 | 17.89% | −0.49 pp |
| Q1 2021 | 2021-03-31 | 23.26% | +2.28 pp |
| Q4 2020 | 2020-12-31 | 13.71% | −1.81 pp |
| Q3 2020 | 2020-09-30 | 28.34% | +0.31 pp |
| Q2 2020 | 2020-06-30 | 18.39% | +2.19 pp |
| Q1 2020 | 2020-03-31 | 20.98% | +2.77 pp |
| Q4 2019 | 2019-12-31 | 15.52% | −1.60 pp |
| Q3 2019 | 2019-09-30 | 28.03% | −0.85 pp |
| Q2 2019 | 2019-06-30 | 16.20% | −8.21 pp |
| Q1 2019 | 2019-03-31 | 18.21% | −9.40 pp |
| Q4 2018 | 2018-12-31 | 17.13% | −10.05 pp |
| Q3 2018 | 2018-09-30 | 28.88% | −5.89 pp |
| Q2 2018 | 2018-06-30 | 24.41% | −0.59 pp |
| Q1 2018 | 2018-03-31 | 27.60% | −4.75 pp |
| Q4 2017 | 2017-12-31 | 27.17% | +2.41 pp |
| Q3 2017 | 2017-09-30 | 34.78% | −4.27 pp |
| Q2 2017 | 2017-06-30 | 25.00% | −3.04 pp |
| Q1 2017 | 2017-03-31 | 32.35% | +0.83 pp |
| Q4 2016 | 2016-12-31 | 24.76% | +1.48 pp |
| Q3 2016 | 2016-09-30 | 39.05% | +1.62 pp |
| Q2 2016 | 2016-06-30 | 28.04% | +4.34 pp |
| Q1 2016 | 2016-03-31 | 31.52% | −0.27 pp |
| Q4 2015 | 2015-12-31 | 23.28% | −10.93 pp |
| Q3 2015 | 2015-09-30 | 37.43% | +1.89 pp |
| Q2 2015 | 2015-06-30 | 23.70% | −1.57 pp |
| Q1 2015 | 2015-03-31 | 31.79% | −12.70 pp |
| Q4 2014 | 2014-12-31 | 34.21% | +6.52 pp |
| Q3 2014 | 2014-09-30 | 35.55% | +2.25 pp |
| Q2 2014 | 2014-06-30 | 25.28% | −0.02 pp |
| Q1 2014 | 2014-03-31 | 44.48% | +4.24 pp |
| Q4 2013 | 2013-12-31 | 27.68% | +5.49 pp |
| Q3 2013 | 2013-09-30 | 33.30% | −0.25 pp |
| Q2 2013 | 2013-06-30 | 25.29% | −0.74 pp |
| Q1 2013 | 2013-03-31 | 40.25% | +8.62 pp |
| Q4 2012 | 2012-12-31 | 22.20% | +1.45 pp |
| Q3 2012 | 2012-09-30 | 33.54% | +1.94 pp |
| Q2 2012 | 2012-06-30 | 26.03% | +0.50 pp |
| Q1 2012 | 2012-03-31 | 31.63% | −4.30 pp |
| Q4 2011 | 2011-12-31 | 20.75% | −4.24 pp |
| Q3 2011 | 2011-09-30 | 31.60% | +0.33 pp |
| Q2 2011 | 2011-06-30 | 25.54% | +2.52 pp |
| Q1 2011 | 2011-03-31 | 35.92% | +9.37 pp |
| Q4 2010 | 2010-12-31 | 24.99% | — |
| Q3 2010 | 2010-09-30 | 31.27% | +11.96 pp |
| Q2 2010 | 2010-06-30 | 23.01% | +7.51 pp |
| Q1 2010 | 2010-03-31 | 26.56% | — |
| Q3 2009 | 2009-09-30 | 19.31% | — |
| Q2 2009 | 2009-06-30 | 15.50% | — |
Mge Energy operating margin trends
Over the last five fiscal years, Mge Energy's operating margin increased from 20.42% to 22.95%, a change of +2.53 percentage points. The latest reported quarter, Q2 2026, shows 20.25%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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