OGE Energy Corporation

OGE Utilities Utilities Regulated Electric

OGE Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.3 billion, up 9.21% from fiscal 2024.

Revenue
+13.2%
EPS
+33.0%
Free cash flow
−38.6%
Total debt
+0.27%

Quarter to September 2026, against a year earlier

50.79 0.16 +0.32%
Market cap
$10.5B
P/E
19.0×
Fwd P/E
19.8×
Dividend yield
3.35%
F-score
6/9
Altman Z
1.29
Beneish M
−2.14
Dividend safety
30/100

OGE Energy Corporation (OGE) Debt to equity

Alert me on Debt to equity

OGE Energy Corporation's debt to equity at the end of the quarter to 30 September 2026 was 1.1×, down 0.0× from fiscal 2025 (1.1×). Over the past ten years it has ranged from 0.8× (fiscal 2018) to 1.2× (fiscal 2021); the current reading is higher than 82% of that period. That is below the Utilities Regulated Electric industry median of 1.5× and below the Utilities sector median of 1.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.1× (4.42%)
FY2024 1.2× 10.94%
FY2023 1.1× 4.08%
FY2022 1.0× (16.11%)
FY2021 1.2× 24.30%
FY2020 1.0× 23.71%
FY2019 0.8× 1.68%
FY2018 0.8× (4.49%)
FY2017 0.8× (1.18%)
FY2016 0.8× 1.08%

Quarterly newest first

Period Debt to equity Change
Sep 2026 1.1× (4.47%)
Jun 2026 1.2× (1.15%)
Mar 2026 1.2× 4.34%
Dec 2025 1.1× (6.49%)
43 more quarters

Against its own ten years

Low 0.8× High 1.2×
Ten-year median 1.0×
Current reading's percentile 82

Debt to equity against peers

Company Debt to equity
IDA IDACORP, Inc. compare 0.9×
OGE OGE Energy Corporation 1.1×
POR Portland General Electric Company compare 1.2×
NWE NorthWestern Corporation compare 1.2×
EVRG Evergy Inc. compare 1.4×
PNW Pinnacle West Capital Corporation compare 1.5×
TXNM TXNM Energy, Inc. compare 1.6×
KEP Korea Electric Power Corporation compare 1.6×
LNT Alliant Energy Corporation compare 1.6×
Utilities Regulated Electric industry median 1.5×
Utilities sector median 1.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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