Mge Energy (MGEE) Tax Provisions (2009 - 2026)
Mge Energy (MGEE) posted quarterly Tax Provisions of $4.1 million for Q2 2011, up 58.26% year-over-year from $2.6 million in Q2 2010, and down 61.31% quarter-over-quarter from $10.7 million in Q1 2011.
Mge Energy (MGEE) Tax Provisions (2009 - 2026) Analysis & Trends
Mge Energy (MGEE) has reported Tax Provisions for 3 consecutive years, with $4.1 million the latest figure, recorded in Q2 2011.
- In Q2 2011, Tax Provisions rose 58.26% year-over-year to $4.1 million; the TTM figure through Jun 2011 stood at $63.4 million (up 20.69% YoY), while the FY2025 annual figure was $5.9 million, down 14.37% from the prior year.
- Tax Provisions eased to $4.1 million in Q2 2011 per MGEE's latest filing, from $10.7 million in the prior quarter.
- Across five years, Tax Provisions topped out at $61.6 million in Q4 2010 and bottomed at -$13.0 million in Q3 2010.
- Historically, Tax Provisions has averaged $12.3 million across 3 years, with a median of $4.1 million in 2011.
- On a YoY basis, Tax Provisions climbed as much as 147.79% in 2010 and fell as far as 86.26% in 2010.
- Mge Energy's Tax Provisions stood at $48.6 million in 2009, then increased by 26.86% to $61.6 million in 2010, then plunged by 93.31% to $4.1 million in 2011.
- Business Quant data shows MGEE's Tax Provisions at $4.1 million in Q2 2011, $10.7 million in Q1 2011, and $61.6 million in Q4 2010.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 122.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | -60.00 Mn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 27.00 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 52.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 54.94 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 114.00 Mn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 92.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 49.88 Mn |
| 10 | Mge Energy | 2.94 Bn | 2.92 Bn | 95.95 Mn | 4.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.28 Mn |
| Jun 30, 2025 | 2.98 Mn |
| Jun 30, 2011 | 4.12 Mn |
| Mar 31, 2011 | 10.65 Mn |
| Dec 31, 2010 | 61.61 Mn |
| Sep 30, 2010 | -12.99 Mn |
| Jun 30, 2010 | 2.60 Mn |
| Mar 31, 2010 | 8.33 Mn |
| Dec 31, 2009 | 48.57 Mn |
| Sep 30, 2009 | -6.97 Mn |
| Jun 30, 2009 | -5.45 Mn |