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% quarter-over-quarter from 37.46% in Q1 2011.
Mge Energy (MGEE) Tax Rate (2009 - 2011) Analysis & Trends
Mge Energy (MGEE) has 3 years of Tax Rate data on file, last reported at 40.09% in Q2 2011.
- Tax Rate for Q2 2011 came in at 40.09%, up 4110.0% year-over-year; the trailing twelve-month figure through Jun 2011 was 73.77% (up 748.0% YoY), and the FY2025 annual result was 13.26%, up 959.0% from the prior year.
- Tax Rate climbed to 40.09% in Q2 2011 per MGEE's latest filing, from 37.46% in the prior quarter.
- Over five years, Tax Rate peaked at 341.77% in Q4 2010 and troughed at 39.48% in Q3 2010.
- A 3-year average of 63.76% and a median of 36.87% in 2010 frame the typical range for Tax Rate.
- On a YoY basis, Tax Rate climbed as much as 11271 bps in 2010 and fell as far as 408 bps in 2010.
- A 3-year view of Tax Rate shows it stood at 229.06% in 2009, then soared by 49 bps to 341.77% in 2010, then slumped by 88 bps to 40.09% in 2011.
- Business Quant data shows MGEE's Tax Rate at 40.09% in Q2 2011, 37.46% in Q1 2011, and 341.77% in Q4 2010.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 16.62 |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 5.15 |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | -9.23 |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 6.18 |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 14.35 |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | - |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 26.18 |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 22.85 |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 23.48 |
| 10 | Mge Energy | 2.77 Bn | 2.92 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% |