MGE Energy (MGEE) FY2017 results: revenue $563 million, up 3.4% on the year
MGE Energy Inc. (MGEE) reported revenue of $563 million for fiscal 2017, the year ended 31 December 2017, up 3.4% on the year before. Net income was $98 million, up 29.2%, and diluted earnings per share $2.82. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2018.
Revenue
$563 million
+3.4% on the year
FY2010FY2017
Operating margin
22.1%
22.7% a year earlier
FY2010FY2017
Net income
$98 million
+29.2% on the year
FY2010FY2017
Diluted EPS
$2.82
+29.4% on the year
FY2010FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
563
545
564
+3.4%
Operating income
125
124
124
+0.6%
Operating margin
22.1%
22.7%
22.0%
Income tax
22.1
42.5
41.4
-48.0%
Net income
97.6
75.6
71.3
+29.2%
Net margin
17.3%
13.9%
12.6%
Diluted EPS
$2.82
$2.18
$2.06
+29.4%
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
131
148
141
-11.2%
Capital expenditure
108
83.7
72.0
+29.3%
Free cash flow
23.2
64.2
69.2
-63.8%
Free cash flow margin
4.1%
11.8%
12.3%
Cash from investing
-116
-86.8
-73.3
Cash from financing
-4.6
-46.1
-52.2
Share-based compensation
1.0
3.1
1.0
-67.7%
Dividends paid
43.7
41.8
40.0
+4.6%
Dividend per share
$1.26
$1.21
$1.16
+4.1%
Shares outstanding at period end
35m
35m
35m
0.0%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
778
724
690
+7.5%
Short-term borrowings
n/a
0.0
0.0
Debt
427
387
396
+10.2%
Other liabilities
650
690
640
-5.7%
Total liabilities and equity
1,855
1,801
1,726
+3.0%
Fixed assets
1,341
1,282
1,243
+4.6%
Cash and equivalents
108
96.0
81.4
+12.5%
Receivables
42.3
39.9
37.1
+6.0%
Other assets
364
383
364
-5.1%
Total assets
1,855
1,801
1,726
+3.0%
10-K for the year ended 31 December 2017, filed 23 February 2018: the filing.