MGE Energy (MGEE) FY2015 results: revenue $564 million, down 9.0% on the year
MGE Energy Inc. (MGEE) reported revenue of $564 million for fiscal 2015, the year ended 31 December 2015, down 9.0% on the year before. Net income was $71 million, down 11.2%, and diluted earnings per share $2.06. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2016.
Revenue
$564 million
-9.0% on the year
FY2008FY2015
Operating margin
22.0%
22.3% a year earlier
FY2008FY2015
Net income
$71 million
-11.2% on the year
FY2008FY2015
Diluted EPS
$2.06
-11.2% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
564
620
591
-9.0%
Operating income
124
138
128
-10.0%
Operating margin
22.0%
22.3%
21.7%
Income tax
41.4
48.2
44.9
-14.2%
Net income
71.3
80.3
74.9
-11.2%
Net margin
12.6%
13.0%
12.7%
Diluted EPS
$2.06
$2.32
$2.16
-11.2%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
141
129
140
+9.6%
Capital expenditure
72.0
92.7
119
-22.3%
Free cash flow
69.2
36.1
21.2
+91.6%
Free cash flow margin
12.3%
5.8%
3.6%
Cash from investing
-73.3
-96.2
-122
Cash from financing
-52.2
-35.7
4.1
Share-based compensation
1.0
2.0
1.5
-50.0%
Dividends paid
40.0
38.4
37.1
+4.2%
Dividend per share
$1.16
$1.11
$1.07
+4.5%
Shares outstanding at period end
35m
35m
35m
0.0%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
690
659
618
+4.7%
Short-term borrowings
0.0
n/a
0.0
Debt
396
406
404
-2.7%
Other liabilities
640
624
558
+2.7%
Total liabilities and equity
1,726
1,690
1,579
+2.2%
Fixed assets
1,243
1,208
1,160
+2.9%
Cash and equivalents
81.4
65.8
68.8
+23.8%
Receivables
37.1
41.6
44.9
-10.8%
Other assets
364
374
305
-2.6%
Total assets
1,726
1,690
1,579
+2.2%
10-K for the year ended 31 December 2015, filed 25 February 2016: the filing.