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) Operating margin

Alert me on Operating margin

OGE Energy Corporation's operating margin over the twelve months to 30 September 2026 was 25.8%, up 1.3 percentage points from fiscal 2025 (24.5%). Over the past ten years it has ranged from 14.9% (fiscal 2021) to 25.0% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Utilities Regulated Electric industry median of 21.7% and above the Utilities sector median of 18.7%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 24.5% (0.45)
FY2024 25.0% 0.66
FY2023 24.3% 5.07
FY2022 19.2% 4.35
FY2021 14.9% (9.72)
FY2020 24.6% 2.01
FY2019 22.6% 1.03
FY2018 21.6% (1.95)
FY2017 23.5% 0.02
FY2016 23.5% 1.60

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 36.2% 9.32
Jun 2026 26.9% 11.88
Mar 2026 15.0% (4.01)
Dec 2025 19.0% (13.62)
43 more quarters

Against its own ten years

Low 14.9% High 25.0%
Ten-year median 23.5%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
EVRG Evergy Inc. compare 27.4%
OGE OGE Energy Corporation 25.8%
TXNM TXNM Energy, Inc. compare 24.4%
IDA IDACORP, Inc. compare 23.5%
LNT Alliant Energy Corporation compare 22.6%
PNW Pinnacle West Capital Corporation compare 20.7%
NWE NorthWestern Corporation compare 18.1%
POR Portland General Electric Company compare 14.4%
KEP Korea Electric Power Corporation compare 13.5%
Utilities Regulated Electric industry median 21.7%
Utilities sector median 18.7%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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