MGE ENERGY INC Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Mge Energy Inc quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Mge Energy Inc Return On Assets for the quarter ending June 30, 2024 was 4.33 %, a 4.83% decline year-over-year.
  • Mge Energy Inc annual Return On Assets for 2023 was 4.55 %, a 0.44% increase from 2022.
  • Mge Energy Inc annual Return On Assets for 2022 was 4.53 %, a 0.22% decline from 2021.
  • Mge Energy Inc annual Return On Assets for 2021 was 4.54 %, a 6.81% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 4.55 +0.02 +0.44% Jan 1, 2023 Dec 31, 2023
2022 4.53 -0.01 -0.22% Jan 1, 2022 Dec 31, 2022
2021 4.54 +0.29 +6.81% Jan 1, 2021 Dec 31, 2021
2020 4.26 +0.01 +0.24% Jan 1, 2020 Dec 31, 2020
2019 4.25 -0.13 -2.97% Jan 1, 2019 Dec 31, 2019
2018 4.38 -1.02 -18.9% Jan 1, 2018 Dec 31, 2018
2017 5.39 +1.1 +25.6% Jan 1, 2017 Dec 31, 2017
2016 4.29 Jan 1, 2016 Dec 31, 2016
2013 4.69 +0.49 +11.7% Jan 1, 2013 Dec 31, 2013
2012 4.2 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.