Saturday 17 October 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. In the quarter to June 2026, revenue fell 4.00%, EPS grew 5.66%, free cash flow grew 75.8% and total debt was flat, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

47.53 0.48 +1.02%

Follow OGE

Alert me

Market cap: $9.7B
P/E: 20.8×
Fwd P/E: 19.7×
Dividend yield: 3.58%
F-score: 6/9
Altman Z: 1.29
Beneish M: −2.14
Dividend safety: 30/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.50

Total sells 0.95

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	1	—	—	—	—	—	—	—	—
Sell	—	—	—	1	—	—	1	—	—	1	—	—

Insider Ownership 0.36%

Capital & Financial Ratios $m

Market Cap 9,720.00

Revenue 3,235.30

Net Income 467.00

Free Cash Flow 274.20

Net Debt 5,842.30

Current Ratio 0.77

Debt/Equity 1.17

P/E ratio 20.76

Fwd P/E 19.70

P/S ratio 3.03

P/B ratio 1.97

Past 5Y EPS Growth —

This Y EPS Growth 4.78%

Next Y EPS Growth 7.30%

Next Y revenue growth 3.77%

Next 5Y EPS Growth 6.92%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 83.34%

10-year low 10-year high

P/S against its own 10 years 70.22%

10-year low 10-year high

P/B against its own 10 years 77.74%

10-year low 10-year high

EV/Sales against its own 10 years 82.31%

10-year low 10-year high

EV/FCF against its own 10 years 42.63%

10-year low 10-year high

Dividends

Payout Ratio 0.75

Annual Dividend Rate 1.70

Annual Dividend Yield 3.58%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.70	0.43 0.43 0.43 0.43
2025	1.69	0.42 0.42 0.42 0.43
2024	1.68	0.42 0.42 0.42 0.42
2023	1.66	0.41 0.41 0.41 0.42
2022	1.64	0.41 0.41 0.41 0.41
2021	1.62	0.40 0.40 0.40 0.41
2020	1.57	0.39 0.39 0.39 0.40
2019	1.48	0.37 0.37 0.37 0.39
2018	1.36	0.33 0.33 0.33 0.37
2017	1.24	0.30 0.30 0.30 0.33
2016	1.13	0.28 0.28 0.28 0.30

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	0	1	0	1
Receivables	227	241	385	349
Inventory	413	378	325	325
Other	132	276	148	169
	772	895	858	844

	2023	2024	2025	Q'26
Payables	276	306	351	282
ST’ Debt	499	502	292	245
Other	168	162	188	322
	1,179	1,230	1,094	1,100

Compound Annual Growth %

	10y	5y	3y
Sales	4.03%	8.96%	(1.15%)
Cash Flow	2.75%	9.79%	6.09%
Earnings	5.66%	0.00%	(10.91%)
Book Value	4.11%	6.51%	4.09%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	753	712	—	—	—
’25	748	742	1,045	726	3,260
’24	597	663	965	761	2,985
’23	557	605	945	567	2,674
’22	589	804	1,271	712	3,376
’21	1,631	577	864	581	3,654
’20	431	504	702	485	2,122

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	176	336	—	—	—
’25	16	339	398	385	1,137
’24	83	253	347	130	813
’23	172	334	415	311	1,232
’22	59	(51)	760	185	952
’21	(940)	172	238	300	(230)
’20	104	159	262	188	713

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(91)	114	—	—	—
’25	(234)	65	168	83	83
’24	(144)	(70)	103	(167)	(278)
’23	(114)	39	116	12	54
’22	(161)	(281)	520	(175)	(98)
’21	(1,099)	(23)	51	62	(1,008)
’20	(23)	6	123	(43)	62

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.24	0.56	—	—	—
’25	0.31	0.53	1.14	0.33	2.32
’24	0.09	0.51	1.09	0.51	2.19
’23	0.19	0.44	1.20	0.24	2.07
’22	1.39	0.36	1.31	0.25	3.32
’21	0.26	0.56	1.26	1.59	3.68
’20	(2.46)	0.43	0.89	0.27	(0.87)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	23.37	32.60	29.59	38.04	23.01	29.18	33.28	31.25	32.06	39.41	Analyst estimates 2026–2028 Powerpack
	High	34.23	37.41	41.80	45.77	46.43	38.57	42.91	40.36	44.41	47.33
People
People	Employees	2,453	2,413	2,292	2,425	2,360	2,185	2,237	2,329	2,291	2,248
	Revenue/emp, $m	0.92	0.94	0.99	0.92	0.90	1.67	1.51	1.15	1.30	1.45
Income, $m
Income, $m	Revenue	2,259	2,261	2,270	2,232	2,122	3,654	3,376	2,674	2,985	3,260
	Gross margin, %	61.04	60.30	60.69	64.74	69.63	41.77	50.75	65.91	63.94	61.35
	EBT	486	570	498	463	(301)	879	789	473	521	561
	EBT margin, %	21.53	25.20	21.92	20.77	(14.19)	24.04	23.38	17.69	17.44	17.19
	Net income	338	619	426	434	(174)	737	666	417	442	471
	Depreciation	323	284	322	355	391	416	461	507	540	560
Per share, $
Per share, $	Revenue	11.31	11.32	11.37	11.15	10.61	18.26	16.86	13.35	14.87	16.15
	Earnings	1.69	3.10	2.13	2.17	(0.87)	3.68	3.33	2.08	2.20	2.33
	Cash flow	3.23	3.93	4.76	3.41	3.56	(1.15)	4.76	6.15	4.05	5.63
	Capex	(3.30)	(4.12)	(2.87)	(3.18)	(3.25)	(3.89)	(5.25)	(5.88)	(5.43)	(5.22)
	Free cash flow	(0.07)	(0.19)	1.89	0.23	0.31	(5.04)	(0.49)	0.27	(1.38)	0.41
	Book value	17.24	19.28	20.06	20.69	18.15	20.27	22.05	22.52	23.11	24.65
	Shares, m	200	200	200	200	200	200	200	200	201	202
Valuation, ×
Valuation, ×	P/E	19.83	10.54	18.40	20.49	0.00	10.46	11.86	17.02	18.75	18.33
	P/S	2.96	2.89	3.45	3.99	3.00	2.10	2.34	2.65	2.77	2.64
	P/B	1.94	1.69	1.95	2.15	1.76	1.89	1.79	1.57	1.78	1.73
	EV/Sales	4.23	4.28	4.79	5.46	4.69	3.47	3.66	4.46	4.62	4.38
	EV/FCF	(659.20)	(248.78)	28.81	265.05	159.93	(12.56)	(125.59)	220.56	(49.64)	172.70
Cash, $m
Cash, $m	Operating cash flow	645	785	951	682	713	(230)	952	1,232	813	1,137
	Capex	(659)	(823)	(573)	(635)	(650)	(778)	(1,051)	(1,178)	(1,091)	(1,054)
	Free cash flow	(14)	(39)	378	46	62	(1,008)	(98)	54	(278)	83
Balance, $m
Balance, $m	Working capital	(478)	(453)	(312)	(228)	(269)	(476)	(461)	(408)	(335)	(236)
	Total debt	2,867	3,168	3,147	3,307	3,589	4,983	4,549	4,840	5,523	5,661
	Net debt	2,866	3,153	3,053	3,307	3,588	4,983	4,461	4,840	5,522	5,661
	Shareholders’ equity	3,444	3,851	4,005	4,140	3,632	4,056	4,413	4,512	4,641	4,977
Returns, %
Returns, %	ROA	3.47	6.08	4.02	3.98	(1.60)	6.32	5.29	3.29	3.33	3.35
	ROIC	5.26	4.75	4.34	4.23	4.52	3.76	4.57	4.35	4.58	4.70
	ROE	9.99	16.97	10.83	10.65	(4.47)	19.18	15.72	9.34	9.65	9.79

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
EVRG Evergy Inc.	$18.8B	20.7×	19.6×	+4.39% (above 0%: growing)	+25.68% (above 0%: growing)	−101.48% (below 0%: shrinking)	70.18%	25.37%	Compare
LNT Alliant Energy Corporation	$17.4B	21.6×	21.2×	+1.04% (above 0%: growing)	−2.94% (below 0%: shrinking)	−106.25% (below 0%: shrinking)	82.60%	19.05%	Compare
KEP Korea Electric Power Corporation	$13.7B	2.5×	3.8×	−0.14% (below 0%: shrinking)	−77.78% (below 0%: shrinking)	−689.05% (below 0%: shrinking)	8.72%	5.15%	Compare
PNW Pinnacle West Capital Corporation	$12.3B	19.5×	21.9×	+7.14% (above 0%: growing)	−8.70% (below 0%: shrinking)	+36.77% (above 0%: growing)	61.64%	21.00%	Compare
OGE OGE Energy Corporation	$9.7B	20.8×	19.7×	−4.00% (below 0%: shrinking)	+5.66% (above 0%: growing)	+75.81% (above 0%: growing)	69.42%	26.91%
IDA IDACORP, Inc.	$7.9B	22.5×	22.1×	+4.20% (above 0%: growing)	+3.95% (above 0%: growing)	−100.67% (below 0%: shrinking)	72.82%	27.78%	Compare
TXNM TXNM Energy, Inc.	$6.5B	32.3×	19.2×	+9.18% (above 0%: growing)	+190.91% (above 0%: growing)	+25.75% (above 0%: growing)	65.46%	22.48%	Compare
ENIC Enel Chile S.A.	$6.1B	10.6×	—	−9.01% (below 0%: shrinking)	+60.00% (above 0%: growing)	+190.61% (above 0%: growing)	34.92%	17.46%	Compare
POR Portland General Electric Company	$5.2B	19.4×	15.3×	+0.87% (above 0%: growing)	+5.36% (above 0%: growing)	−257.58% (below 0%: shrinking)	49.88%	14.86%	Compare
Median of peers	$10.1B	20.1×	19.6×	+2.62%	+4.66%	−101.07%	63.55%	20.02%

All 40 Utilities Regulated Electric stocks →

OGE Energy Corporation (OGE) key facts

Strength: OGE Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.3 billion, up 9.21% from fiscal 2024.
Strength: Net income was $470.7 million, or $2.33 per share (basic), a net margin of 14.4%.
OGE Energy Corporation (OGE) is an Utilities Regulated Electric company in the Utilities sector, listed on the New York Stock Exchange.
As of October 16, 2026, OGE traded at $47.53, a market capitalization of $9.7 billion.
At that price the stock trades at 20.8× trailing-twelve-month earnings and 3.0× sales; its P/E is higher than 83% of its own readings over the past ten years.
OGE Energy Corporation pays an annual dividend of $1.70 per share, a yield of 3.58%, with a payout ratio of 75.1%.
Return on equity was 9.79% and debt-to-equity 1.17.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.29 (distress zone) for fiscal 2025.