Oge Energy Corp. (OGE) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.55	$0.56	+1.8%	—	$711.9M	—
Q1 26	$0.25	$0.24	-4.0%	—	$752.6M	—
Q3 25	$1.14	$1.14	0.0%	—	$1B	—
Q2 25	$0.52	$0.53	+1.9%	—	$741.6M	—
Q1 25	$0.22	$0.31	+40.9%	—	$747.7M	—
Q4 24	$0.49	$0.5	+2.0%	—	$760.5M	—
Q3 24	$1.18	$1.09	-7.6%	—	$965.4M	—
Q2 24	$0.46	$0.51	+10.9%	—	$662.6M	—
Q1 24	$0.11	$0.09	-18.2%	—	$596.8M	—
Q4 23	$0.22	$0.24	+9.1%	—	$566.7M	—
Q3 23	$1.17	$1.2	+2.6%	—	$945.4M	—
Q2 23	$0.44	$0.44	0.0%	—	$605M	—
Q1 23	$0.17	$0.19	+11.8%	—	$557.2M	—
Q4 22	-$0.05	$0.26	+620.0%	—	$711.9M	—
Q3 22	$1.19	$1.14	-4.2%	—	$1.3B	—
Q2 22	$0.44	$0.53	+20.5%	—	$803.7M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.33	—	—	$3.3B	—
FY24	—	$2.2	—	—	$3B	—
FY23	—	$2.08	—	—	$2.7B	—
FY22	—	$3.33	—	—	$3.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.3B	$2.3B	$2.3B	$2.2B	$2.1B	$3.7B	$3.4B	$2.7B	$3B	$3.3B
YoY change	+2.84%	+0.08%	+0.41%	-1.7%	-4.9%	+72.2%	-7.61%	-20.8%	+11.6%	+9.21%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.3B	2.3B	2.3B	2.2B	2.1B	3.7B	3.4B	2.7B	3B	3.3B
Cost of revenue	1.3B	1.4B	1.4B	1.3B	1.1B	2.6B	2.2B	1.4B	1.6B	1.8B
Gross profit	941M	904.8M	903.2M	952.9M	1B	1.1B	1.2B	1.3B	1.4B	1.5B
Gross margin	41.7%	40%	39.8%	42.7%	47.8%	29.1%	35.9%	47.1%	46.7%	45%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	27.5M	21.6M	10.8M	9.8M	—	—	—	—	—	—
Operating expenses	20M	3.6M	-900K	7M	-1.9M	-3.5M	-4M	-7.1M	—	—
Operating income	538.3M	549.9M	501.3M	507.1M	524.1M	547.7M	653.5M	657.3M	745.3M	799.4M
Operating margin	23.8%	24.3%	22.1%	22.7%	24.7%	15%	19.4%	24.6%	25%	24.5%
Non-operating income, net	97.6M	181.6M	164.1M	107M	-664.8M	492.6M	306.1M	44.2M	29.8M	31.4M
Pretax income	486.3M	569.7M	497.7M	463.4M	-301.1M	878.5M	789.3M	473M	520.6M	560.5M
Income tax	148.1M	-49.3M	72.2M	29.8M	-127.4M	141.2M	123.6M	56.2M	79.1M	89.8M
Net income	338.2M	619M	425.5M	433.6M	-173.7M	737.3M	665.7M	416.8M	441.5M	470.7M
Net margin	15%	27.4%	18.7%	19.4%	-8.18%	20.2%	19.7%	15.6%	14.8%	14.4%
EBITDA	944.3M	975.3M	963.2M	964.6M	245.8M	1.5B	1.1B	1.2B	1.3B	1.4B
EPS	1.69	3.1	2.13	2.17	-0.87	3.68	3.33	2.08	2.2	2.33
Diluted EPS	1.69	3.1	2.12	2.16	-0.87	3.68	3.32	2.07	2.19	2.32

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	945.4M	566.7M	596.8M	662.6M	965.4M	760.5M	747.7M	741.6M	1B	725.8M	752.6M	711.9M
Cost of revenue	456.5M	316.7M	364.6M	324.3M	481.5M	420.6M	445.8M	388.2M	531.8M	425.7M	473.2M	356.4M
Gross profit	488.9M	250M	232.2M	338.3M	483.9M	339.9M	301.9M	353.4M	513.2M	300.1M	279.4M	355.5M
Gross margin	51.7%	44.1%	38.9%	51.1%	50.1%	44.7%	40.4%	47.7%	49.1%	41.3%	37.1%	49.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—	—	—
Operating expenses	—	—	—	—	—	—	—	—	—	—	—	—
Operating income	331.1M	103.3M	74M	175.9M	313.2M	182M	133.3M	186.6M	341.3M	138.2M	113.1M	191.6M
Operating margin	35%	18.2%	12.4%	26.5%	32.4%	23.9%	17.8%	25.2%	32.7%	19%	15%	26.9%
Non-operating income, net	6.6M	6.7M	6.4M	10.5M	10.7M	2.2M	6.9M	15.1M	5.1M	4.3M	6.2M	12.9M
Pretax income	280.3M	44.4M	20.2M	121.5M	259.7M	119.2M	72.9M	129.5M	276.8M	81.3M	59.4M	137.8M
Income tax	38.4M	-3.8M	1.6M	19.2M	41M	17.3M	10.2M	22M	45.5M	12.1M	9.2M	21.5M
Net income	241.9M	48.2M	18.6M	102.3M	218.7M	101.9M	62.7M	107.5M	231.3M	69.2M	50.2M	116.3M
Net margin	25.6%	8.51%	3.12%	15.4%	22.7%	13.4%	8.39%	14.5%	22.1%	9.53%	6.67%	16.3%
EBITDA	465.7M	233.5M	204.9M	315.3M	461M	307.9M	270.6M	336.3M	486.8M	270.9M	248.2M	336.8M
EPS	1.21	—	0.09	0.51	1.09	—	0.31	0.53	1.15	—	0.24	0.56
Diluted EPS	1.2	—	0.09	0.51	1.09	—	0.31	0.53	1.14	—	0.24	0.56

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	6.7B	6.6B	7.8B	8.9B	6.4B	7.7B	7.9B	7B	8.3B	8.6B	9.2B
Enterprise value	9.5B	9.7B	10.9B	12.2B	10B	12.7B	12.4B	11.8B	13.8B	14.3B	15.1B
Shares outstanding	199.7M	199.7M	199.7M	200.1M	200.1M	200.1M	200.2M	200.3M	200.8M	201.9M	201.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	19.8	10.6	18.4	20.5	—	10.4	11.9	16.8	18.8	18.3	19.8
P/S	2.96	2.91	3.45	3.99	3	2.1	2.35	2.62	2.77	2.64	2.86
P/B	1.94	1.71	1.95	2.15	1.76	1.89	1.79	1.55	1.78	1.73	1.86
EV/EBITDA	10.1	9.97	11.3	12.7	40.5	8.68	10.9	9.96	10.7	10.5	11.7
EV/Sales	4.23	4.3	4.79	5.47	4.69	3.47	3.67	4.43	4.62	4.38	4.67
Earnings yield	5.06%	9.42%	5.44%	4.87%	—	9.6%	8.41%	5.96%	5.33%	5.46%	5.04%
FCF yield	-0.23%	-0.6%	4.82%	0.52%	0.98%	-13.1%	-1.24%	0.77%	-3.36%	0.96%	1.37%
PEG	—	—	—	—	—	—	—	—	—	—	3.5

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	41.7%	40%	39.8%	42.7%	47.8%	29.1%	35.9%	47.1%	46.7%	45%	49.9%
Operating margin	23.8%	24.3%	22.1%	22.7%	24.7%	15%	19.4%	24.6%	25%	24.5%	26.5%
Net margin	15%	27.4%	18.7%	19.4%	-8.18%	20.2%	19.7%	15.6%	14.8%	14.4%	14.4%
ROE	9.82%	16.1%	10.6%	10.5%	-4.78%	18.2%	15.1%	9.24%	9.51%	9.46%	9.7%
ROA	3.4%	5.94%	3.96%	3.93%	-1.62%	5.85%	5.31%	3.26%	3.22%	3.28%	3.37%
ROIC	5.93%	7.85%	6.07%	6.37%	7.26%	5.09%	6.21%	6.19%	6.22%	6.31%	6.09%
Return on tangible assets	3.4%	5.94%	3.96%	3.93%	-1.62%	5.85%	5.31%	3.26%	3.22%	3.28%	3.19%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.53	0.52	0.64	0.65	0.61	0.56	0.74	0.65	0.73	0.78	0.77
Quick ratio	0.38	0.35	0.43	0.45	0.4	0.42	0.58	0.3	0.42	0.49	0.47
Debt / equity	0.83	0.82	0.79	0.8	0.99	1.23	1.03	1.07	1.19	1.14	1.17
Debt / assets	0.29	0.3	0.29	0.3	0.33	0.4	0.36	0.38	0.4	0.39	0.4
Net debt / EBITDA	3.04	3.23	3.17	3.43	14.6	3.42	3.94	4.07	4.28	4.15	4.35
Interest coverage	4.25	4.52	3.97	4.07	-0.88	6.43	5.63	3.07	3.05	3.07	3.14
Effective tax rate	30.5%	0%	14.5%	6.43%	0%	16.1%	15.7%	11.9%	15.2%	16%	15.9%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	11.3	11.3	11.4	11.2	10.6	18.3	16.9	13.4	14.9	16.1	15.8
EPS (basic)	1.69	3.1	2.13	2.17	-0.87	3.68	3.33	2.08	2.2	2.33	2.33
EPS (diluted)	1.69	3.1	2.12	2.16	-0.87	3.68	3.32	2.07	2.19	2.32	2.26
Book value per share	17.2	19.3	20.1	20.7	18.1	20.3	22	22.5	23.1	24.7	24.1
FCF per share	-0.08	-0.2	1.89	0.23	0.31	-5.04	-0.49	0.27	-1.38	0.41	1.32
Cash per share	0	0.07	0.47	0	0.01	0	0.44	0	0	0	0
Capex per share	—	—	—	—	—	—	—	—	—	5.22	4.91

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	32.3%	31.5%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	92.7%	78.8%
Payout ratio	66.6%	40%	64%	69%	-181.3%	44.1%	49.5%	79.9%	76.7%	72.6%	74.6%
Dividend yield	3.37%	3.77%	3.48%	3.36%	4.94%	4.23%	4.16%	4.76%	4.09%	3.97%	3.8%

Yield

3.8%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.425

ex-dividend Jul 6, 2026

Payout ratio

75%

of earnings

Dividend growth

19 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 6, 2026	$0.425
Apr 6, 2026	$0.425
Jan 5, 2026	$0.425

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$945.4M	$566.7M	$596.8M	$662.6M	$965.4M	$760.5M	$747.7M	$741.6M	$1B	$725.8M	$752.6M	$711.9M
YoY change	-25.6%	-20.4%	+7.11%	+9.52%	+2.12%	+34.2%	+25.3%	+11.9%	+8.25%	-4.56%	+0.66%	-4%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	300K	14.4M	94.3M	0	1.1M	0	88.1M	200K	600K	200K
Receivables	175.5M	190.6M	174.7M	153.8M	157.8M	162.3M	250.1M	208.8M	240.6M	347.8M
Inventory	161.5M	165.1M	184.3M	136.9M	152.7M	158.5M	289.3M	412.8M	377.7M	324.7M
Total current assets	549.5M	497M	557.3M	430.2M	428.5M	613.6M	1.3B	771.5M	895.1M	857.9M
Property, plant & equipment	-2.5B	-2.2B	-3.2B	-3.3B	-3.5B	-3.7B	-3.9B	-4.1B	-4.2B	-3.6B
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	9.9B	10.4B	10.7B	11B	10.7B	12.6B	12.5B	12.8B	13.7B	14.4B
Accounts payable	205.4M	230.4M	239.3M	194.9M	251.5M	274M	448.9M	276.4M	305.7M	350.6M
Short-term debt	460.9M	418.2M	250M	112M	95M	486.9M	999.9M	499.2M	501.7M	292M
Total current liabilities	1B	950.5M	869.4M	657.9M	697.4M	1.1B	1.8B	1.2B	1.2B	1.1B
Long-term debt	2.4B	2.7B	2.9B	3.2B	3.5B	4.5B	3.5B	4.3B	5B	5.4B
Total liabilities	6.5B	6.6B	6.7B	6.9B	7.1B	8.6B	8.1B	8.3B	9.1B	9.4B
Shareholders' equity	3.4B	3.9B	4B	4.1B	3.6B	4.1B	4.4B	4.5B	4.6B	5B
Total debt	2.9B	3.2B	3.1B	3.3B	3.6B	5B	4.5B	4.8B	5.5B	5.7B
Net debt	2.9B	3.2B	3.1B	3.3B	3.6B	5B	4.5B	4.8B	5.5B	5.7B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	2.8M	200K	4.3M	100K	9.9M	600K	26.9M	500K	300K	200K	200K	900K
Receivables	351.4M	208.8M	181.6M	220.1M	330.5M	240.6M	274M	326.5M	438.8M	347.8M	304.8M	323.7M
Inventory	354.2M	412.8M	403.2M	384.1M	361.6M	377.7M	364.7M	373.6M	342.3M	324.7M	321.7M	324.8M
Total current assets	905.1M	771.5M	725M	787.3M	896.5M	895.1M	1B	969.3M	987.7M	857.9M	808.5M	843.6M
Property, plant & equipment	-4.2B	-4.1B	-4.2B	-4.1B	-4.1B	-4.2B	-4B	-4.3B	-4.3B	-3.6B	-4.4B	-4.4B
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	12.7B	12.8B	12.9B	13.2B	13.5B	13.7B	14B	14.1B	14.3B	14.4B	14.5B	14.6B
Accounts payable	281.8M	276.4M	211.9M	256.8M	269.8M	305.7M	224.7M	287.9M	275.7M	350.6M	282.9M	282.2M
Short-term debt	411.4M	499.2M	835.1M	440.7M	247.6M	501.7M	766.7M	534.5M	466.3M	292M	492.4M	245M
Total current liabilities	1.1B	1.2B	1.4B	1.1B	1B	1.2B	1.4B	1.3B	1.2B	1.1B	1.2B	1.1B
Long-term debt	4.3B	4.3B	4.3B	4.8B	5B	5B	5.1B	5.4B	5.4B	5.4B	5.4B	5.6B
Total liabilities	8.2B	8.3B	8.5B	8.7B	8.9B	9.1B	9.3B	9.4B	9.5B	9.4B	9.5B	9.6B
Shareholders' equity	4.5B	4.5B	4.4B	4.5B	4.6B	4.6B	4.6B	4.6B	4.8B	5B	4.9B	5B
Total debt	4.8B	4.8B	5.1B	5.3B	5.3B	5.5B	5.9B	5.9B	5.8B	5.7B	5.9B	5.8B
Net debt	4.7B	4.8B	5.1B	5.3B	5.3B	5.5B	5.9B	5.9B	5.8B	5.7B	5.9B	5.8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	338.2M	619M	425.5M	433.6M	-173.7M	737.3M	665.7M	416.8M	441.5M	470.7M
Depreciation & amortization	322.6M	283.5M	321.6M	355M	391.3M	416M	460.9M	506.6M	539.5M	559.8M
Stock-based compensation	4.7M	9.1M	13.4M	13.9M	9.8M	9.8M	9.7M	13.1M	11.7M	14M
Change in working capital	-124.2M	28.8M	167.6M	-78.4M	76.5M	-190.8M	-446.3M	402.9M	-128.6M	127.3M
Operating cash flow	644.2M	784.5M	962.7M	669.9M	-46.9M	210.9M	1.2B	1.2B	812.8M	1.1B
Capital expenditure	—	—	—	—	—	—	—	—	—	-1.1B
Investing cash flow	78.5M	3.7M	-2.4M	10.8M	-4.4M	-54M	954.5M	-93.9M	-70.3M	-1.1B
Dividends paid	-225.1M	-247.6M	-272.2M	-299.2M	-314.9M	-324.9M	-329.3M	-333.2M	-338.5M	-341.9M
Share repurchases	0	-100K	0	0	-14.7M	0	0	—	—	—
Financing cash flow	-99.2M	-16.4M	-295.1M	-151.1M	-49.7M	1.1B	-767M	-45.8M	354.9M	-3.6M
Net change in cash	623.5M	771.8M	665.2M	529.6M	-101M	1.2B	1.4B	1.1B	1.1B	6.9M
Free cash flow	-15.4M	-39.6M	377.5M	46M	62.3M	-1B	-98.5M	54.1M	-278.1M	82.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	241.9M	48.2M	18.6M	102.3M	218.7M	101.9M	62.7M	107.5M	231.3M	69.2M	50.2M	116.3M
Depreciation & amortization	132.5M	128.8M	129.2M	135.5M	144M	130.8M	137.4M	140.6M	146.7M	135.1M	136.4M	138.1M
Stock-based compensation	3.2M	3.6M	3.2M	3.3M	2.1M	3.1M	3M	3.6M	3.5M	3.9M	3.8M	3.9M
Change in working capital	61M	134.1M	-72.4M	17.3M	15.3M	-88.8M	-178.1M	123.5M	21.9M	160M	7.9M	77.7M
Operating cash flow	342.7M	383.4M	83M	253.1M	347.1M	129.6M	15.9M	338.6M	397.8M	384.8M	175.5M	335.9M
Capital expenditure	—	—	—	—	—	—	—	—	-229.5M	-301.7M	-266.8M	-221.8M
Investing cash flow	48.4M	-90.9M	-16.6M	-22.8M	-17.6M	-13.3M	-14.2M	-21.6M	-247.8M	-319.8M	-283.3M	-235.5M
Dividends paid	-82.9M	-83.8M	-85.9M	-84M	-84M	-84.6M	-86.6M	-84.9M	-84.8M	-85.6M	-89.1M	-87.7M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-89.6M	3.5M	170.8M	88.9M	-75.6M	171M	281.4M	-69.7M	-153.2M	-62.1M	113.4M	-99.7M
Net change in cash	301.5M	296M	237.2M	319.2M	253.9M	287.3M	283.1M	247.3M	-3.2M	2.9M	5.6M	700K
Free cash flow	43.7M	84.8M	-143.9M	-70.2M	103M	-167M	-233.6M	64.9M	168.3M	83.1M	-91.3M	114.1M

Date	Ratio
Jul 2, 2013	2:1
Jun 16, 1998	2:1

Oge Energy Corp. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history