MGE Ret. on equity
What is the Ret. on equity of MGE?
The Ret. on equity of MGE Energy, Inc. is 12.69%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Utilities sector on NASDAQ compared to MGE
What does MGE do?
mge energy, inc., through its subsidiaries, operates as a public utility holding company primarily in wisconsin. it operates through five segments: regulated electric utility operations; regulated gas utility operations; nonregulated energy operations; transmission investments; and all other. the company generates, purchases, and distributes electricity; owns or leases electric generation facilities located in wisconsin and iowa; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission services. it also generates electricity from coal, natural gas, and renewable energy sources, as well as purchases power under short and long-term commitments. as of february 26, 2020, the company distributed electricity to 155,000 customers in dane county, wisconsin; and purchased and distributed natural gas to 163,000 customers in seven south-central and western wisconsin counties. mge energy, inc. was founded in 1855 and is headquartered in madison, wisco
Companies with ret. on equity similar to MGE
- Prestige Consumer Healthcare Inc has Ret. on equity of 12.68%
- Medica Plc has Ret. on equity of 12.68%
- PagSeguro Digital Ltd has Ret. on equity of 12.68%
- D-Link (India) has Ret. on equity of 12.68%
- Vinci Partners Investments Ltd has Ret. on equity of 12.68%
- Catalyst Metals has Ret. on equity of 12.68%
- MGE has Ret. on equity of 12.69%
- Nitto Denko has Ret. on equity of 12.69%
- Komatsu has Ret. on equity of 12.69%
- Saul Centers has Ret. on equity of 12.69%
- BlackRock New York Municipal Bond Trust has Ret. on equity of 12.69%
- PAX Global Technology has Ret. on equity of 12.69%
- Rosenblatt Plc has Ret. on equity of 12.70%