OGENYSEElectric ServicesFiscal year ends December 31
OGE ENERGY CORP.
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$46.72−0.81 (-1.70%)
Close on Oct 19, 2026
- Market cap
- $9.68B
- P/E (TTM)
- 20.8
- Dividend yield
- 3.62%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
61.4%−8.3 pts over 5 years
Operating margin
24.5%−0.1 pts over 5 years
Net margin
14.4%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.2% | -1.2% | +9.0% | +4.0% | |
| Gross profit | +4.8% | +5.3% | +6.2% | +4.2% | |
| Operating income | +7.3% | +7.2% | +8.9% | +5.2% | |
| Net income | +6.6% | -10.9% | – | +5.7% | |
| EPS, diluted | +5.9% | -11.3% | – | +5.5% | |
| Free cash flow | – | – | +5.8% | -12.6% | |
| Dividend per share | +0.8% | +0.9% | +1.4% | +4.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.0% | – | 9.8% | |
| Return on assets | 3.5% | – | 3.4% | |
| Current ratio | 0.53 | 0.61 | 0.78 | |
| Debt to equity | 0.83 | 0.99 | 1.14 | |
| Net debt to EBITDA | 3.36× | 3.93× | 4.16× | |
| Interest coverage | 3.7× | 3.3× | 3.0× | |
| Inventory turnover | 9.1× | 15.6× | 9.7× | |
| Capex to revenue | 29.2% | 30.7% | 32.3% | |
| Diluted shares | 200M | 200M | 203M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Oge Energy generated $4.36B from operations and spent $6.82B on capital expenditure, dividends and share buybacks. 76% of that went back into the business.
Generated
$4.36B
Used
$6.82B
Capital expenditure$5.15B76%Dividends$1.67B24%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin14.4%
×Asset turnover0.23×
×Equity multiplier2.92×
=Return on equity, FY20259.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 14.4% | 0.23× | 2.92× | 9.8% |
| FY2024 | 14.8% | 0.23× | 2.90× | 9.6% |
| FY2023 | 15.6% | 0.21× | 2.84× | 9.3% |
| FY2022 | 19.7% | 0.27× | 2.97× | 15.7% |
| FY2021 | 20.2% | 0.31× | 3.03× | 19.2% |
| FY2016 | 15.0% | 0.23× | 2.88× | 10.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$470.70M
- Cash generatingOperating cash flow above zero$1.14B
- Return on assets improvedROA up on the prior year3.5% → 3.4%
- Earnings backed by cashOperating cash flow above net income$1.14B vs $470.70M
- Less leverageLong-term debt to assets fell36.6% → 37.4%
- Better liquidityCurrent ratio rose0.73 → 0.78
- No dilutionShare count did not rise201M → 203M
- Gross margin improvedGross margin up on the prior year63.94% → 61.35%
- More efficientAsset turnover rose0.23 → 0.24