8-K Announcements
6Apr 29, 2026·SEC
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OGE Energy Corp. (OGE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
OGE Energy Corp. (OGE) stock price & volume — 10-year historical chart
OGE Energy Corp. (OGE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
OGE Energy Corp. (OGE) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.24vs $0.24+0.0% | $753Mvs $616M+22.2% |
| Q1 2026 | Feb 18, 2026 | $0.33vs $0.30+10.0% | $726Mvs $571M+27.2% |
| Q4 2025 | Oct 29, 2025 | $1.14vs $1.16-1.7% | $1.0Bvs $278M+276.2% |
| Q3 2025 | Jul 29, 2025 | $0.53vs $0.55-3.6% | $742Mvs $1.0B-28.4% |
OGE Energy Corp. (OGE) competitors in Vertically integrated electric utilities — business model, growth, and fundamentals comparison
OGE Energy Corp. (OGE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
OGE Energy Corp. (OGE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.26B | 2.27B | 2.23B | 2.12B | 3.65B | 3.38B | 2.67B | 2.99B | 3.26B | 3.27B |
| Revenue Growth % | 0.08% | 0.41% | -1.7% | -4.9% | 72.16% | -7.61% | -20.78% | 11.63% | 9.21% | 4.11% |
| Cost of Revenue | 1.36B | 1.37B | 1.28B | 1.11B | 2.59B | 2.16B | 1.41B | 1.59B | 1.82B | 1.67B |
| Gross Profit | 904.8M▲ 0% | 903.2M▼ 0.2% | 952.9M▲ 5.5% | 1.01B▲ 6.5% | 1.06B▲ 4.7% | 1.21B▲ 14.0% | 1.26B▲ 4.0% | 1.39B▲ 10.7% | 1.44B▲ 3.3% | 1.59B▲ 0% |
| Gross Margin % | 40.02% | 39.78% | 42.7% | 47.82% | 29.09% | 35.9% | 47.12% | 46.71% | 44.18% | 48.81% |
| Gross Profit Growth % | -3.85% | -0.18% | 5.5% | 6.51% | 4.74% | 14.01% | 3.97% | 10.67% | 3.29% | - |
| Operating Expenses | 372.9M | 413.6M | 448.6M | 492.7M | 518.8M | 562.4M | 609.8M | 649.2M | 641M | 814.5M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 793.8M | 811.2M | 859.3M | 913.5M | 960.2M | 1.11B | 1.16B | 1.28B | 1.36B | 1.34B |
| EBITDA Margin % | 35.11% | 35.73% | 38.51% | 43.04% | 26.28% | 32.89% | 43.26% | 43.04% | 41.69% | 40.98% |
| EBITDA Growth % | -3.89% | 2.19% | 5.93% | 6.31% | 5.11% | 15.64% | 4.18% | 11.06% | 5.79% | -1.04% |
| Depreciation & Amortization | 283.5M | 321.6M | 355M | 391.3M | 416M | 460.9M | 506.6M | 539.5M | 559.8M | 558.8M |
| D&A / Revenue % | 12.54% | 14.17% | 15.91% | 18.44% | 11.39% | 13.65% | 18.94% | 18.07% | 17.17% | 17.11% |
| Operating Income (EBIT) | 510.3M▲ 0% | 489.6M▼ 4.1% | 504.3M▲ 3.0% | 522.2M▲ 3.5% | 544.2M▲ 4.2% | 649.5M▲ 19.3% | 650.2M▲ 0.1% | 745.3M▲ 14.6% | 799.4M▲ 7.3% | 779.2M▲ 0% |
| Operating Margin % | 22.57% | 21.57% | 22.6% | 24.61% | 14.89% | 19.24% | 24.31% | 24.97% | 24.52% | 23.87% |
| Operating Income Growth % | 1.39% | -4.06% | 3% | 3.55% | 4.21% | 19.35% | 0.11% | 14.63% | 7.26% | - |
| Interest Expense | 161.8M | 167.7M | 150.7M | 160.4M | 161.8M | 166.3M | 228.5M | 254.5M | 270.3M | 4M |
| Interest Coverage | 4.52x | 3.97x | 4.07x | -0.88x | 6.43x | 5.75x | 3.04x | 3.05x | 2.96x | - |
| Interest / Revenue % | 7.16% | 7.39% | 6.75% | 7.56% | 4.43% | 4.93% | 8.54% | 8.53% | 8.29% | 0.12% |
| Non-Operating Income | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -4M |
| Pretax Income | 569.7M▲ 0% | 497.7M▼ 12.6% | 463.4M▼ 6.9% | -301.1M▼ 165.0% | 878.5M▲ 391.8% | 789.3M▼ 10.2% | 473M▼ 40.1% | 520.6M▲ 10.1% | 560.5M▲ 7.7% | 547M▲ 0% |
| Pretax Margin % | 25.2% | 21.92% | 20.77% | -14.19% | 24.04% | 23.38% | 17.69% | 17.44% | 17.19% | 16.75% |
| Income Tax | -49.3M | 72.2M | 29.8M | -127.4M | 141.2M | 123.6M | 56.2M | 79.1M | 89.8M | 88.8M |
| Effective Tax Rate % | -8.65% | 14.51% | 6.43% | 42.31% | 16.07% | 15.66% | 11.88% | 15.19% | 16.02% | 16.23% |
| Net Income | 619M▲ 0% | 425.5M▼ 31.3% | 433.6M▲ 1.9% | -173.7M▼ 140.1% | 737.3M▲ 524.5% | 665.7M▼ 9.7% | 416.8M▼ 37.4% | 441.5M▲ 5.9% | 470.7M▲ 6.6% | 458.2M▲ 0% |
| Net Margin % | 27.38% | 18.74% | 19.43% | -8.18% | 20.18% | 19.72% | 15.59% | 14.79% | 14.44% | 14.03% |
| Net Income Growth % | 83.03% | -31.26% | 1.9% | -140.06% | 524.47% | -9.71% | -37.39% | 5.93% | 6.61% | -5.64% |
| EPS (Diluted) | 3.10▲ 0% | 2.12▼ 31.6% | 2.16▲ 1.9% | -0.87▼ 140.3% | 3.68▲ 523.0% | 3.32▼ 9.8% | 2.07▼ 37.7% | 2.19▲ 5.8% | 2.32▲ 5.9% | 2.21▲ 0% |
| EPS Growth % | 83.43% | -31.61% | 1.89% | -140.28% | 522.99% | -9.78% | -37.65% | 5.8% | 5.94% | -7.02% |
| EPS (Basic) | 3.10 | 2.13 | 2.17 | -0.87 | 3.68 | 3.33 | 2.08 | 2.20 | 2.33 | - |
| Diluted Shares Outstanding | 200M | 200.5M | 200.7M | 200.1M | 200.3M | 200.8M | 200.9M | 201.3M | 202.5M | 207.2M |
OGE Energy Corp. (OGE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 10.41B | 10.75B | 11.02B | 10.72B | 12.61B | 12.54B | 12.79B | 13.72B | 14.37B | 14.47B |
| Asset Growth % | 4.76% | 3.23% | 2.56% | -2.77% | 17.61% | -0.49% | 1.96% | 7.23% | 4.77% | 20.93% |
| PP&E (Net) | 8.42B | 8.72B | 9.13B | 9.48B | 9.95B | 10.65B | 11.41B | 12.21B | 12.73B | 13.04B |
| PP&E / Total Assets % | 80.83% | 81.1% | 82.79% | 88.48% | 78.95% | 84.92% | 89.24% | 89.03% | 88.59% | 90.1% |
| Total Current Assets | 497M | 557.3M | 430.2M | 428.5M | 613.6M | 1.34B | 771.5M | 895.1M | 857.9M | 808.5M |
| Cash & Equivalents | 14.4M | 94.3M | 0 | 1.1M | 0 | 88.1M | 200K | 600K | 200K | 200K |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 165.1M | 184.3M | 136.9M | 152.7M | 158.5M | 289.3M | 412.8M | 377.7M | 324.7M | 321.7M |
| Other Current Assets | 54.6M | 29.5M | 24.4M | 41.2M | 73.3M | 103.5M | 58.8M | 88.9M | 71.7M | 78.2M |
| Long-Term Investments | 1.16B | 1.18B | 1.15B | 374.3M | 785.1M | 105.8M | 114M | 124.2M | 0 | 134.4M |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 100.2M | 129.4M | 190.4M | 348.7M | 548.6M | 0 | 0 |
| Other Assets | 338.7M | 296.6M | 315.3M | 331.4M | 1.13B | 255.1M | 141.5M | -62.7M | 782.2M | 624M |
| Total Liabilities | 6.56B | 6.74B | 6.88B | 7.09B | 8.55B | 8.13B | 8.28B | 9.08B | 9.39B | 9.53B |
| Total Debt | 3.17B | 3.15B | 3.31B | 3.59B | 4.98B | 4.55B | 4.84B | 5.52B | 5.66B | 5.86B |
| Net Debt | 3.15B | 3.05B | 3.31B | 3.59B | 4.98B | 4.46B | 4.84B | 5.52B | 5.66B | 5.86B |
| Long-Term Debt | 2.75B | 2.9B | 3.2B | 3.49B | 4.5B | 3.55B | 4.34B | 5.02B | 5.37B | 5.37B |
| Short-Term Borrowings | 418.2M | 250M | 112M | 95M | 486.9M | 999.9M | 499.2M | 501.7M | 292M | 492.4M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 950.5M | 869.4M | 657.9M | 697.4M | 1.09B | 1.8B | 1.18B | 1.23B | 1.09B | 1.23B |
| Accounts Payable | 230.4M | 239.3M | 194.9M | 251.5M | 274M | 448.9M | 276.4M | 305.7M | 350.6M | 282.9M |
| Accrued Expenses | 44M | 44.5M | 37.9M | 40.2M | 40.8M | 41.1M | 57.4M | 63.8M | 54.3M | 205.6M |
| Deferred Revenue | 80.7M | 83.6M | 83M | 81.1M | 81.1M | 88.8M | 103.5M | 111.1M | 0 | 125.3M |
| Other Current Liabilities | 66.3M | 135.1M | 110.6M | 93.4M | 71.8M | 86.6M | 111.3M | 104M | 256.6M | 128.2M |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 5.85B |
| Other Liabilities | 1.63B | 1.66B | 1.65B | 1.62B | 1.62B | 1.53B | 1.45B | 1.44B | 1.44B | 1.41B |
| Total Equity | 3.85B▲ 0% | 4.01B▲ 4.0% | 4.14B▲ 3.4% | 3.63B▼ 12.3% | 4.06B▲ 11.7% | 4.41B▲ 8.8% | 4.51B▲ 2.2% | 4.64B▲ 2.9% | 4.98B▲ 7.2% | 4.94B▲ 0% |
| Equity Growth % | 11.83% | 4% | 3.36% | -12.26% | 11.69% | 8.8% | 2.23% | 2.87% | 7.25% | 21.89% |
| Shareholders Equity | 3.85B | 4.01B | 4.14B | 3.63B | 4.06B | 4.41B | 4.51B | 4.64B | 4.98B | 4.94B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 1.11B | 1.13B | 1.13B | 1.12B | 1.13B | 1.13B | 1.15B | 2M | 1.38B | 1.38B |
| Additional Paid-in Capital | 1.11B | 0 | 0 | 0 | 0 | 0 | 0 | 1.17B | 0 | 0 |
| Retained Earnings | 2.76B | 2.91B | 3.04B | 2.54B | 2.96B | 3.29B | 3.37B | 3.48B | 3.6B | 3.56B |
| Accumulated OCI | -23.2M | -28.9M | -27.9M | -32.1M | -24.8M | -11.9M | -7.2M | -2.7M | -2.6M | -2.6M |
| Return on Assets (ROA) | 6.08% | 4.02% | 3.98% | -1.6% | 6.32% | 5.29% | 3.29% | 3.33% | 3.35% | 3.2% |
| Return on Equity (ROE) | 16.97% | 10.83% | 10.65% | -4.47% | 19.18% | 15.72% | 9.34% | 9.65% | 9.79% | 9.47% |
| Debt / Equity | 0.82x | 0.79x | 0.80x | 0.99x | 1.23x | 1.03x | 1.07x | 1.19x | 1.14x | 1.14x |
| Debt / Assets | 30.42% | 29.28% | 30% | 33.49% | 39.53% | 36.26% | 37.84% | 40.26% | 39.39% | 40.51% |
| Net Debt / EBITDA | 3.97x | 3.76x | 3.85x | 3.93x | 5.19x | 4.02x | 4.18x | 4.30x | 4.16x | 4.16x |
| Book Value per Share | 19.26 | 19.98 | 20.63 | 18.15 | 20.25 | 21.98 | 22.46 | 23.05 | 24.58 | 23.84 |
OGE Energy Corp. (OGE) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 784.5M | 951.1M | 681.5M | 712.8M | -229.9M | 952.4M | 1.23B | 812.8M | 1.14B | 1.14B |
| Operating CF Growth % | 21.68% | 21.24% | -28.35% | 4.59% | -132.25% | 514.27% | 29.39% | -34.04% | 39.9% | 1249.08% |
| Operating CF / Revenue % | 34.7% | 41.89% | 30.54% | 33.59% | -6.29% | 28.21% | 46.08% | 27.23% | 34.88% | 34.83% |
| Net Income | 619M | 425.5M | 433.6M | -173.7M | 737.3M | 665.7M | 416.8M | 441.5M | 470.7M | 458.2M |
| Depreciation & Amortization | 283.5M | 321.6M | 355M | 391.3M | 416M | 460.9M | 506.6M | 539.5M | 559.8M | 558.8M |
| Deferred Taxes | -50M | 78.5M | 27.6M | -134.5M | 125.9M | -154M | 11.6M | 15.6M | 59.5M | 44.8M |
| Other Non-Cash Items | -105.9M | -55.5M | -70.2M | 543.4M | -1.33B | 416.4M | -118.7M | -66.9M | -80.2M | -89.3M |
| Working Capital Changes | 28.8M | 167.6M | -78.4M | 76.5M | -190.8M | -446.3M | 402.9M | -128.6M | 127.3M | 313.3M |
| Capital Expenditures | -824.1M | -573.6M | -635.5M | -650.5M | -778.5M | -1.05B | -1.18B | -1.09B | -1.05B | -319M |
| CapEx / Revenue % | 36.45% | 25.27% | 28.48% | 30.65% | 21.31% | 31.13% | 44.06% | 36.54% | 32.34% | 1.6% |
| CapEx / D&A | 2.91x | 1.78x | 1.79x | 1.66x | 1.87x | 2.28x | 2.33x | 2.02x | 1.88x | 0.09x |
| CapEx Coverage (OCF/CapEx) | 0.95x | 1.66x | 1.07x | 1.10x | -0.30x | 0.91x | 1.05x | 0.75x | 1.08x | 21.78x |
| Cash from Investing | -821.9M | -576M | -624.7M | -654.9M | -832.5M | -96.4M | -1.27B | -1.16B | -1.13B | -1.15B |
| Acquisitions | 1.5M | -2.5M | 18.5M | 0 | 35M | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | -8.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72.2M | -72.2M |
| Sale of Investments | 10M | 0 | 0 | 0 | 0 | 1.07B | 0 | 0 | 0 | 0 |
| Other Investing | -800K | 100K | -7.7M | -4.4M | -89M | -112.7M | -93.9M | -70.3M | 0 | -1.02B |
| Cash from Financing | 51.5M | -295.2M | -151.1M | -56.8M | 1.06B | -767.9M | -48.1M | 348.8M | -10.9M | -177.2M |
| Dividends Paid | -247.6M | -272.2M | -299.2M | -314.9M | -324.9M | -329.3M | -333.2M | -338.5M | -341.9M | -344.4M |
| Dividend Payout Ratio % | 40% | 63.97% | 69% | - | 44.07% | 49.47% | 79.94% | 0.34% | 72.64% | - |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.1M | 196.5M | 196.1M |
| Share Repurchases | -100K | 0 | 0 | -14.7M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -500K | -10.3M | -7.2M | -3.4M | -900K | -2.3M | -6.1M | 0 | 1.7M |
| Net Change in Cash | 14.1M▲ 0% | 79.9M▲ 466.7% | -94.3M▼ 218.0% | 1.1M▲ 101.2% | -1.1M▼ 200.0% | 88.1M▲ 8109.1% | -87.9M▼ 199.8% | 400K▲ 100.5% | -400K▼ 200.0% | -26.7M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 300K | 14.4M | 94.3M | 0 | 1.1M | 0 | 88.1M | 200K | 600K | 200K |
| Cash at End | 14.4M | 94.3M | 0 | 1.1M | 0 | 88.1M | 200K | 600K | 200K | 200K |
| Free Cash Flow | -39.6M▲ 0% | 377.5M▲ 1053.3% | 46M▼ 87.8% | 62.3M▲ 35.4% | -1.01B▼ 1718.6% | -98.5M▲ 90.2% | 54.1M▲ 154.9% | -278.1M▼ 614.0% | 82.7M▲ 129.7% | 1.24B▲ 0% |
| FCF Growth % | -157.14% | 1053.28% | -87.81% | 35.43% | -1718.62% | 90.23% | 154.92% | -614.05% | 129.74% | 438.36% |
| FCF Margin % | -1.75% | 16.63% | 2.06% | 2.94% | -27.6% | -2.92% | 2.02% | -9.32% | 2.54% | 38.12% |
| FCF / Net Income % | -6.4% | 88.72% | 10.61% | -35.87% | -136.77% | -14.8% | 12.98% | -62.99% | 17.57% | 271.61% |
OGE Energy Corp. (OGE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 16.97% | 10.83% | 10.65% | -4.47% | 19.18% | 15.72% | 9.34% | 9.65% | 9.79% | 9.47% |
| EBITDA Margin | 35.11% | 35.73% | 38.51% | 43.04% | 26.28% | 32.89% | 43.26% | 43.04% | 41.69% | 40.98% |
| Net Debt / EBITDA | 3.97x | 3.76x | 3.85x | 3.93x | 5.19x | 4.02x | 4.18x | 4.30x | 4.16x | 4.16x |
| Interest Coverage | 4.52x | 3.97x | 4.07x | -0.88x | 6.43x | 5.75x | 3.04x | 3.05x | 2.96x | - |
| CapEx / Revenue | 36.45% | 25.27% | 28.48% | 30.65% | 21.31% | 31.13% | 44.06% | 36.54% | 32.34% | 1.6% |
| Dividend Payout Ratio | 40% | 63.97% | 69% | - | 44.07% | 49.47% | 79.94% | 0.34% | 72.64% | 75.16% |
| Debt / Equity | 0.82x | 0.79x | 0.80x | 0.99x | 1.23x | 1.03x | 1.07x | 1.19x | 1.14x | 1.14x |
| EPS Growth | 83.43% | -31.61% | 1.89% | -140.28% | 522.99% | -9.78% | -37.65% | 5.8% | 5.94% | -7.02% |
OGE Energy Corp. (OGE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 29, 2026·SEC
Apr 15, 2026·SEC
Apr 1, 2026·SEC
OGE Energy Corp. (OGE) stock FAQ — growth, dividends, profitability & financials explained
OGE Energy Corp. (OGE) reported $3.27B in revenue for fiscal year 2025. This represents a 135% increase from $1.39B in 1996.
OGE Energy Corp. (OGE) grew revenue by 9.2% over the past year. This is steady growth.
Yes, OGE Energy Corp. (OGE) is profitable, generating $458.2M in net income for fiscal year 2025 (14.4% net margin).
Yes, OGE Energy Corp. (OGE) pays a dividend with a yield of 3.54%. This makes it attractive for income-focused investors.
OGE Energy Corp. (OGE) has a return on equity (ROE) of 9.8%. This is below average, suggesting room for improvement.
OGE Energy Corp. (OGE) generated $1.24B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
OGE Energy Corp. (OGE) has a dividend payout ratio of 73%. The dividend is reasonably covered.
OGE Energy Corp. (OGE) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates