OGE · Oge Energy Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.26B | $2.99B | $2.67B | $3.38B | $3.65B | $2.12B |
| Cost of Revenue | $1.26B | $1.08B | $911.70M | $1.66B | $2.13B | $644.60M |
| Gross Profit | $2.00B | $1.91B | $1.76B | $1.71B | $1.53B | $1.48B |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | $139.30M | - | - | - |
| Total Operating Expenses | $1.20B | $1.16B | $1.11B | $1.06B | $981.90M | $955.50M |
| D&A | $559.80M | $539.50M | $506.60M | $460.90M | $416.00M | $391.30M |
| Operating Income | $799.40M | $745.30M | $650.20M | $649.50M | $544.20M | $522.20M |
| Interest Expense | $270.30M | $254.50M | $221.40M | $166.30M | $158.30M | $158.50M |
| Income Tax | $89.80M | $79.10M | $56.20M | $123.60M | $141.20M | ($127.40M) |
| Net Income | $470.70M | $441.50M | $737.30M | $665.70M | $737.30M | ($173.70M) |
| EPS - Basic | $2.33 | $2.20 | $2.08 | $3.33 | $3.68 | ($0.87) |
| EPS - Diluted | $2.32 | $2.19 | $2.07 | $3.32 | $3.68 | ($0.87) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $200.0K | $600.0K | $200.0K | $88.10M | $0 | $1.10M |
| Accounts Receivable | $347.80M | $240.60M | $208.80M | $250.10M | $162.30M | $157.80M |
| Inventory | $112.00M | $148.30M | $158.50M | $108.80M | $40.60M | $36.50M |
| Accounts Payable | $350.60M | $305.70M | $276.40M | $448.90M | $274.00M | $251.50M |
| Current Assets | $857.90M | $895.10M | $771.50M | $1.34B | $613.60M | $428.50M |
| Total Assets | $14.37B | $13.72B | $12.79B | $12.54B | $12.61B | $10.72B |
| Current Liabilities | $1.09B | $1.23B | $1.18B | $1.80B | $1.09B | $697.40M |
| Long-term Debt | $5.37B | $5.02B | $4.34B | $3.55B | $4.50B | $3.49B |
| Total Liabilities | $9.39B | $9.08B | $8.28B | $8.13B | $8.55B | $7.09B |
| Stockholders' Equity | $4.98B | $4.64B | $4.51B | $4.41B | $4.06B | $3.63B |
| Retained Earnings | $3.60B | $3.48B | $3.37B | $3.29B | $2.96B | $2.54B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.14B | $812.80M | $1.23B | $843.10M | ($313.30M) | $712.80M |
| Investing Cash Flow | ($1.13B) | ($1.16B) | ($1.27B) | $12.90M | ($749.10M) | ($654.90M) |
| Financing Cash Flow | ($10.90M) | $348.80M | ($48.10M) | ($767.90M) | $1.06B | ($56.80M) |
| CapEx | $1.05B | $1.09B | $1.18B | $1.05B | $778.50M | $650.50M |
| Free Cash Flow | $82.70M | ($278.10M) | $54.10M | ($207.80M) | ($1.09B) | $62.30M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 61.4% | 63.9% | 65.9% | 50.8% | 41.8% | 69.6% |
| Operating margin | 24.5% | 25.0% | 24.3% | 19.2% | 14.9% | 24.6% |
| EBITDA margin | 41.7% | 43.0% | 43.3% | 32.9% | 26.3% | 43.0% |
| Net margin | 14.4% | 14.8% | 27.6% | 19.7% | 20.2% | -8.2% |
| Free cash flow margin | 2.5% | -9.3% | 2.0% | -6.2% | -29.9% | 2.9% |
| FCF / Net income | 0.18 | -0.63 | 0.07 | -0.31 | -1.48 | -0.36 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | 5.2% | - | - | - |
| Effective tax rate | 16.0% | 15.2% | 7.1% | 15.7% | 16.1% | - |
| Return on assets | 3.3% | 3.2% | 5.8% | 5.3% | 5.8% | -1.6% |
| Return on equity | 9.5% | 9.5% | 16.3% | 15.1% | 18.2% | -4.8% |
| Return on invested capital | 6.5% | 6.5% | 6.8% | 6.9% | 5.3% | 5.8% |
| Liquidity | ||||||
| Current ratio | 0.78 | 0.73 | 0.65 | 0.74 | 0.56 | 0.61 |
| Quick ratio | 0.68 | 0.61 | 0.52 | 0.68 | 0.53 | 0.56 |
| Cash ratio | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 | 0.00 |
| Leverage | ||||||
| Debt / Equity | 1.08 | 1.08 | 0.96 | 0.80 | 1.11 | 0.96 |
| Debt / Assets | 0.37 | 0.37 | 0.34 | 0.28 | 0.36 | 0.33 |
| Debt / EBITDA | 3.95 | 3.91 | 3.75 | 3.20 | 4.68 | 3.83 |
| Interest coverage | 3.0x | 2.9x | 2.9x | 3.9x | 3.4x | 3.3x |
| Equity multiplier | 2.89 | 2.96 | 2.84 | 2.84 | 3.11 | 2.95 |
| Liabilities / Assets | 0.65 | 0.66 | 0.65 | 0.65 | 0.68 | 0.66 |
| Efficiency | ||||||
| Asset turnover | 0.23 | 0.22 | 0.21 | 0.27 | 0.29 | 0.20 |
| Inventory turnover | 11.25 | 7.26 | 5.75 | 15.28 | 52.40 | 17.66 |
| Days sales outstanding | 39d | 29d | 28d | 27d | 16d | 27d |
| Days inventory outstanding | 32d | 50d | 63d | 24d | 7d | 21d |
| Days payable outstanding | 102d | 104d | 111d | 99d | 47d | 142d |
| Cash conversion cycle | -30d | -24d | -19d | -48d | -24d | -95d |
| Valuation | ||||||
| P / E | 18.4x | 18.8x | 16.9x | 11.9x | 10.4x | - |
| P / B | 1.7x | 1.8x | 1.6x | 1.8x | 1.9x | 1.8x |
| P / S | 2.7x | 2.8x | 2.6x | 2.4x | 2.1x | 3.0x |
| EV / EBITDA | 10.3x | 10.4x | 9.8x | 10.3x | 12.7x | 10.8x |
| Growth | ||||||
| Revenue growth (YoY) | 9.2% | 11.6% | -20.8% | -7.6% | 72.2% | -4.9% |
| Revenue CAGR (3y) | -1.2% | -6.5% | 8.0% | 14.8% | 17.2% | -2.1% |
| Revenue CAGR (5y) | 9.0% | 6.0% | 3.3% | 8.3% | 10.1% | -0.7% |
| Gross profit growth (YoY) | 4.8% | 8.3% | 2.9% | 12.3% | 3.3% | 2.3% |
| Operating income growth (YoY) | 7.3% | 14.6% | 0.1% | 19.3% | 4.2% | 3.5% |
| Net income growth (YoY) | 6.6% | -40.1% | 10.8% | -9.7% | - | - |
| EPS growth (YoY) | 5.9% | 5.8% | -37.7% | -9.8% | - | - |
| EPS CAGR (3y) | -11.3% | -15.9% | - | 15.4% | 20.2% | - |
| EPS CAGR (5y) | - | 0.3% | -0.5% | 1.4% | 16.8% | - |
| FCF growth (YoY) | - | - | - | 81.0% | - | 35.4% |
| FCF CAGR (5y) | 5.8% | - | -32.2% | - | - | -27.8% |
| Book value growth (YoY) | 7.2% | 2.9% | 2.2% | 8.8% | 11.7% | -12.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$3.26B totalElectrics Company$3.26B · 100.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.82
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Electric Services
Comparing OGE ENERGY CORP. against the 5 most active filers in the same SIC group.
Dividends
$1.70/share trailing 12 months · +0.9% YoY
| Ex-date | Per share |
|---|---|
| Apr 6, 2026 | $0.4250 |
| Jan 5, 2026 | $0.4250 |
| Oct 6, 2025 | $0.4250 |
| Jul 7, 2025 | $0.4210 |
| Apr 7, 2025 | $0.4210 |
| Jan 6, 2025 | $0.4210 |
| Oct 7, 2024 | $0.4210 |
| Jul 8, 2024 | $0.4180 |
| Apr 5, 2024 | $0.4180 |
| Jan 5, 2024 | $0.4180 |
| Oct 6, 2023 | $0.4180 |
| Jul 7, 2023 | $0.4140 |
| Apr 6, 2023 | $0.4140 |
| Jan 6, 2023 | $0.4140 |
| Oct 7, 2022 | $0.4140 |
| Jul 8, 2022 | $0.4100 |
| Apr 8, 2022 | $0.4100 |
| Jan 7, 2022 | $0.4100 |
| Oct 8, 2021 | $0.4100 |
| Jul 9, 2021 | $0.4030 |
| Apr 9, 2021 | $0.4030 |
| Jan 8, 2021 | $0.4030 |
| Oct 9, 2020 | $0.4030 |
| Jul 9, 2020 | $0.3880 |