MGE Energy (MGEE) FY2016 results: revenue $545 million, down 3.4% on the year
MGE Energy Inc. (MGEE) reported revenue of $545 million for fiscal 2016, the year ended 31 December 2016, down 3.4% on the year before. Net income was $76 million, up 5.9%, and diluted earnings per share $2.18. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2017.
Revenue
$545 million
-3.4% on the year
FY2009FY2016
Operating margin
22.7%
22.0% a year earlier
FY2009FY2016
Net income
$76 million
+5.9% on the year
FY2009FY2016
Diluted EPS
$2.18
+5.8% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
545
564
620
-3.4%
Operating income
124
124
138
-0.3%
Operating margin
22.7%
22.0%
22.3%
Income tax
42.5
41.4
48.2
+2.8%
Net income
75.6
71.3
80.3
+5.9%
Net margin
13.9%
12.6%
13.0%
Diluted EPS
$2.18
$2.06
$2.32
+5.8%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
148
141
129
+4.7%
Capital expenditure
83.7
72.0
92.7
+16.1%
Free cash flow
64.2
69.2
36.1
-7.2%
Free cash flow margin
11.8%
12.3%
5.8%
Cash from investing
-86.8
-73.3
-96.2
Cash from financing
-46.1
-52.2
-35.7
Share-based compensation
3.1
1.0
2.0
+210.0%
Dividends paid
41.8
40.0
38.4
+4.3%
Dividend per share
$1.21
$1.16
$1.11
+4.3%
Shares outstanding at period end
35m
35m
35m
0.0%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
724
690
659
+4.9%
Short-term borrowings
0.0
0.0
n/a
Debt
387
396
406
-2.1%
Other liabilities
690
640
624
+7.7%
Total liabilities and equity
1,801
1,726
1,690
+4.3%
Fixed assets
1,282
1,243
1,208
+3.1%
Cash and equivalents
96.0
81.4
65.8
+17.9%
Receivables
39.9
37.1
41.6
+7.5%
Other assets
383
364
374
+5.1%
Total assets
1,801
1,726
1,690
+4.3%
10-K for the year ended 31 December 2016, filed 24 February 2017: the filing.