Friday 6 November 2026 Export OGE’s income statement to Excel — free account

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%

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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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

OGE Energy Corporation (OGE) revenue by segment, product and region

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Electrics Company	3,260 102.17%	2,985 102.36%	2,674 102.57%	3,376 102.16%	3,654 101.81%	2,122 102.54%	2,232 102.58%	2,270 102.65%	2,197 100.00%	2,453 100.00%	2,262 78.89%	2,141 58.32%	2,212 56.47%	2,110 56.77%	1,751 61.02%
Other Operations	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%
Natural Gas Midstream Operations	—	—	—	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	0 0.00%	630 21.98%	1,609 43.82%	1,787 45.64%	—	—
Intersegment Eliminations	—	—	—	—	—	—	0 0.00%	0 0.00%	0 0.00%	0 0.00%	(25) (0.87%)	(79) (2.14%)	(83) (2.11%)	(383) (10.32%)	(560) (19.51%)
Gathering and Processing	—	—	—	—	—	—	—	—	—	—	—	—	—	1,006 27.05%	658 22.91%
Transportation and Storage	—	—	—	—	—	—	—	—	—	—	—	—	—	985 26.50%	401 13.97%
Marketing	—	—	—	—	—	—	—	—	—	—	—	—	—	—	620 21.60%
Eliminations	(69) (2.17%)	(69) (2.36%)	(67) (2.57%)	(71) (2.16%)	(65) (1.81%)	(52) (2.54%)	(56) (2.58%)	(59) (2.65%)	—	—	—	—	—	—	—
Operating Segments	—	—	—	—	—	—	—	—	—	—	—	—	3,916	—	—
Revenue	3,191	2,917	2,607	3,304	3,589	2,070	2,176	2,212	2,197	2,453	2,868	3,671	3,916	3,717	2,870

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Electrics Company	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Other Operations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Natural Gas Midstream Operations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Intersegment Eliminations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gathering and Processing	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Transportation and Storage	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Marketing	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Coal weighted-average cost of energy per kilowatt-hour	Q3 FY2026	2.65	2.77	−4.27%
Commercial MWh sales	Q3 FY2026	3.6M	3.5M	+2.86%
Industrial MWh sales	Q3 FY2026	1.1M	1.1M	0.00%
Integrated market MWh sales	Q3 FY2026	400.0K	—	—
Natural gas weighted-average cost of energy per kilowatt-hour	Q3 FY2026	2.95	3.19	−7.40%
Number of customers	Q3 FY2026	918.6K	910.5K	+0.89%
Oilfield MWh sales	Q3 FY2026	1.1M	1.1M	0.00%
Public authorities and street light MWh sales	Q3 FY2026	1.0M	900.0K	+11.11%
Residential MWh sales	Q3 FY2026	3.9M	3.1M	+25.81%
System sales	Q3 FY2026	10.7M	9.7M	+10.31%
Total fuel and purchased power weighted-average cost of energy per kilowatt-hour	Q3 FY2026	3.84	3.73	+2.79%
Total fuel weighted-average cost of energy per kilowatt-hour	Q3 FY2026	2.76	2.97	−6.95%
Total sales	Q3 FY2026	11.1M	9.9M	+12.12%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Coal weighted-average cost of energy per kilowatt-hour	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Commercial MWh sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Industrial MWh sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Integrated market MWh sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Natural gas weighted-average cost of energy per kilowatt-hour	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Number of customers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Oilfield MWh sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Public authorities and street light MWh sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Residential MWh sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
System sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total fuel and purchased power weighted-average cost of energy per kilowatt-hour	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total fuel weighted-average cost of energy per kilowatt-hour	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.