Mge Energy (MGEE) Tax Rate (2009 - 2011)
Mge Energy (MGEE) reported Tax Rate of 40.09% for Q2 2011, up 4110.0% year-over-year from 0.95% in Q2 2010, and up 7.03% on a QoQ basis from 37.46% in Q1 2011.
Mge Energy (MGEE) has 3 years of Tax Rate data on file, last reported at 40.09% in Q2 2011.
- Quarterly Tax Rate rose 4110.0% year-over-year to 40.09% in Q2 2011, while the trailing twelve-month figure through Jun 2011 was 73.77% (up 748.0% YoY) and the FY2025 annual result came in at 13.26%, up 959.0% from the prior year.
- Tax Rate improved to 40.09% in Q2 2011 per MGEE's latest filing, from 37.46% in the prior quarter.
- Across five years, Tax Rate topped out at 341.77% in Q4 2010 and bottomed at 39.48% in Q3 2010.
- The 3-year median for Tax Rate is 36.87% (2010), against an average of 63.76%.
- Peak annual rise in Tax Rate reached 11271 bps in 2010, while the deepest fall reached 408 bps in 2010.
- Tracing MGEE's Tax Rate over 3 years: stood at 229.06% in 2009, then jumped by 49 bps to 341.77% in 2010, then plunged by 88 bps to 40.09% in 2011.
- Per Business Quant, the three latest MGEE Tax Rate figures stand at 40.09% (Q2 2011), 37.46% (Q1 2011), and 341.77% (Q4 2010).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 645.09 Bn | 644.83 Bn | 1.70 Bn | 16.62 |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | - |
| 3 | Dominion Energy | 56.77 Bn | 60.97 Bn | 4.03 Bn | 5.15 |
| 4 | Xcel Energy | 47.77 Bn | 45.88 Bn | 3.35 Bn | -9.23 |
| 5 | Wec Energy | 35.40 Bn | 35.76 Bn | 2.83 Bn | 6.18 |
| 6 | Ameren | 29.12 Bn | 29.24 Bn | 1.69 Bn | 14.35 |
| 7 | Korea Electric Power | 28.73 Bn | 13.96 Bn | - | - |
| 8 | Energy Co Of Parana | 27.30 Bn | 26.65 Bn | - | - |
| 9 | Edison International | 26.69 Bn | 26.53 Bn | 3.85 Bn | 26.18 |
| 10 | Mge Energy | 2.66 Bn | 2.81 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2011 | 40.09 |
| Jun 30, 2011 | 40.09 |
| Mar 31, 2011 | 37.46 |
| Mar 31, 2011 | 37.46 |
| Dec 31, 2010 | 341.77 |
| Dec 31, 2010 | 341.77 |
| Sep 30, 2010 | -39.48 |
| Sep 30, 2010 | -39.48 |
| Jun 30, 2010 | -1.00 |
| Jun 30, 2010 | -1.00 |
| Mar 31, 2010 | 36.87 |
| Mar 31, 2010 | 36.87 |
| Dec 31, 2009 | 229.06 |
| Dec 31, 2009 | 229.06 |
| Sep 30, 2009 | -35.41 |
| Sep 30, 2009 | -35.41 |
| Jun 30, 2009 | -35.52 |
| Jun 30, 2009 | -35.52 |