OGE Energy (OGE) Financials

$43.86 +0.17 (+0.38%)

As of 11:07 AM Eastern

Annual Income Statements for OGE Energy

This table shows OGE Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	442	417	666	737	-174	784	2,880	619	338	271
Consolidated Net Income / (Loss)	442	417	666	737	-174	784	754	619	338	271
Net Income / (Loss) Continuing Operations	442	417	666	737	-174	784	2,552	619	338	271
Total Pre-Tax Income	521	473	789	879	-301	834	498	570	486	369
Total Operating Income	745	650	650	544	522	1,012	490	532	531	481
Total Gross Profit	1,909	1,763	1,713	1,526	1,478	2,889	3,480	1,364	1,379	1,332
Total Revenue	2,985	2,674	3,376	3,654	2,122	4,463	4,530	2,261	2,259	2,197
Operating Revenue	2,985	2,674	3,376	3,654	2,122	4,463	4,530	2,261	2,259	2,197
Total Cost of Revenue	1,076	912	1,662	2,128	645	1,574	1,050	898	880	865
Operating Cost of Revenue	1,076	912	1,662	2,128	645	1,574	1,050	898	880	865
Total Operating Expenses	1,164	1,112	1,064	982	956	1,877	888	832	848	851
Selling, General & Admin Expense	514	503	501	463	463	984	475	459	438	452
Depreciation Expense	540	507	461	416	391	710	322	284	323	308
Other Operating Expenses / (Income)	110	103	102	103	101	183	92	89	88	91
Total Other Income / (Expense), net	-225	-177	140	334	-823	-178	32	38	-45	-113
Interest Expense	255	221	166	158	159	288	156	144	142	149
Interest & Investment Income	26	19	289	177	-663	123	177	171	116	24
Other Income / (Expense), net	4.30	25	17	316	-1.60	-13	-13	11	-18	13
Income Tax Expense	79	56	124	141	-127	50	72	-49	148	97
Basic Earnings per Share	$2.20	$2.08	$3.33	$3.68	($0.87)	$2.17	$2.13	$3.10	$1.69	$1.36
Weighted Average Basic Shares Outstanding	200.80M	200.30M	200.20M	200.10M	200.10M	200.10M	199.70M	199.70M	199.70M	199.60M
Diluted Earnings per Share	$2.19	$2.07	$3.32	$3.68	($0.87)	$2.16	$2.12	$3.10	$1.69	$1.36
Weighted Average Diluted Shares Outstanding	201.30M	200.90M	200.80M	200.30M	200.10M	200.70M	200.50M	200M	199.90M	199.60M
Weighted Average Basic & Diluted Shares Outstanding	241.53M	240.71M	240.61M	440.78M	440.42M	400.35M	199.80M	199.70M	200.10M	199.50M
Cash Dividends to Common per Share	$1.68	$1.66	$1.65	$1.63	$1.58	$1.51	$1.40	$1.27	$1.16	$1.05

This table shows OGE Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	63	102	219	102	19	48	242	88	38	50	263
Consolidated Net Income / (Loss)	63	102	219	102	19	48	242	88	38	50	263
Net Income / (Loss) Continuing Operations	63	102	219	102	19	48	242	88	38	50	263
Total Pre-Tax Income	73	119	260	122	20	44	280	103	45	54	314
Total Operating Income	133	182	313	176	74	96	331	146	77	92	318
Total Gross Profit	424	460	615	469	365	371	612	423	357	372	597
Total Revenue	748	761	965	663	597	567	945	605	557	712	1,271
Operating Revenue	748	761	965	663	597	567	945	605	557	712	1,271
Total Cost of Revenue	324	300	350	194	232	196	334	182	201	340	674
Operating Cost of Revenue	324	300	350	194	232	196	334	182	201	340	674
Total Operating Expenses	290	278	302	293	291	275	281	277	280	280	279
Selling, General & Admin Expense	122	120	131	130	132	121	123	128	130	137	131
Depreciation Expense	137	131	144	136	129	129	133	124	121	120	122
Other Operating Expenses / (Income)	31	27	27	27	29	25	25	24	29	24	25
Total Other Income / (Expense), net	-60	-63	-54	-54	-54	-52	-51	-43	-31	-38	-3.50
Interest Expense	67	65	64	65	60	59	57	58	48	42	42
Interest & Investment Income	7.00	7.30	6.90	6.60	4.70	5.30	4.50	5.10	4.50	42	2.40
Other Income / (Expense), net	-0.10	-5.10	3.80	3.90	1.70	1.40	2.10	9.40	12	-38	36
Income Tax Expense	10	17	41	19	1.60	-3.80	38	15	6.80	3.70	52
Basic Earnings per Share	$0.31	$0.51	$1.09	$0.51	$0.09	$0.24	$1.21	$0.44	$0.19	$0.25	$1.31
Weighted Average Basic Shares Outstanding	201.20M	200.80M	200.90M	200.80M	200.40M	200.30M	200.30M	200.30M	200.20M	200.20M	200.20M
Diluted Earnings per Share	$0.31	$0.50	$1.09	$0.51	$0.09	$0.24	$1.20	$0.44	$0.19	$0.26	$1.31
Weighted Average Diluted Shares Outstanding	201.90M	201.30M	201.50M	201.40M	200.60M	200.90M	201M	200.80M	200.80M	200.80M	200.90M
Weighted Average Basic & Diluted Shares Outstanding	241.71M	241.53M	241.33M	241.25M	240.93M	240.71M	240.67M	240.67M	240.67M	240.61M	240.58M

This table details how cash moves in and out of OGE Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	137	-88	-677	825	1.10	-94	80	14	-75	70
Net Cash From Operating Activities	1,675	1,232	2,300	-230	713	682	951	785	645	867
Net Cash From Continuing Operating Activities	1,675	1,242	2,300	-229	708	685	1,264	785	645	867
Net Income / (Loss) Continuing Operations	911	417	1,105	737	-174	434	754	619	338	271
Consolidated Net Income / (Loss)	911	417	1,105	737	-174	434	754	619	338	271
Depreciation Expense	1,079	507	922	-	-	355	-	284	323	308
Non-Cash Adjustments To Reconcile Net Income	-28	-6.30	-283	-22	1,156	53	653	-31	-9.00	78
Changes in Operating Assets and Liabilities, net	-288	325	556	-945	-275	-156	90	-87	-7.10	210
Net Cash From Investing Activities	-2,320	-1,272	-1,257	-833	-655	-625	-576	-822	-620	-500
Net Cash From Continuing Investing Activities	-2,249	-1,269	-2,211	-916	-655	-625	-576	-822	-620	-500
Purchase of Property, Plant & Equipment	-2,182	-1,178	-2,102	-779	-651	-636	-574	-824	-660	-548
Purchase of Investments	0.00	0.00	0.00	0.00	-	-7.70	-2.50	-8.50	0.00	0.00
Sale and/or Maturity of Investments	0.00	0.00	0.00	0.00	0.00	19	0.00	10	39	45
Other Investing Activities, net	-68	-91	-109	-172	-4.40	-	-	-	-	-
Net Cash From Financing Activities	645	-48	-955	1,061	-57	-151	-295	52	-99	-297
Net Cash From Continuing Financing Activities	711	-44	-766	1,971	-4.50	-151	-295	52	-99	-297
Repayment of Debt	-0.20	-501	-0.20	392	-17	-138	-419	-293	-110	-100
Repurchase of Common Equity	6.10	2.30	0.90	0.00	-15	-10	-0.50	-	-	-
Payment of Dividends	-339	-333	-329	-325	-315	-299	-272	-248	-225	-205
Issuance of Debt	1,027	788	-438	998	297	297	396	592	236	0.00
Issuance of Common Equity	17	-	0.00	3.40	7.10	0.00	0.00	-	0.00	7.20
Cash Interest Paid	457	202	319	156	153	155	166	-	-	-
Cash Income Taxes Paid	89	42	123	8.70	3.90	5.50	2.80	-	-	-

This table details how cash moves in and out of OGE Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-407	-169	655	-382	33	-2.60	2.30	-666	578	-848	1,115
Net Cash From Operating Activities	63	267	684	640	83	311	-120	675	367	1,532	728
Net Cash From Continuing Operating Activities	63	267	684	640	83	299	-99	675	367	1,669	587
Net Income / (Loss) Continuing Operations	134	212	444	237	19	48	110	180	78	490	123
Consolidated Net Income / (Loss)	134	212	444	237	19	48	110	180	78	490	123
Depreciation Expense	275	262	288	400	129	129	-113	248	242	-	-
Non-Cash Adjustments To Reconcile Net Income	-8.00	-8.40	-9.60	-8.10	-1.50	-1.70	6.80	-6.00	-5.40	-345	298
Changes in Operating Assets and Liabilities, net	-338	-198	-38	11	-64	123	-103	252	52	602	604
Net Cash From Investing Activities	-527	-619	-523	-934	-244	-317	307	-639	-623	-1,630	997
Net Cash From Continuing Investing Activities	-513	-606	-506	-911	-227	-317	259	-614	-597	-2,584	1,277
Purchase of Property, Plant & Equipment	-499	-593	-488	-874	-227	-299	282	-589	-572	-1,411	211
Other Investing Activities, net	-14	-13	-18	-	-	-19	-23	-25	-25	-	-
Net Cash From Financing Activities	515	333	-141	289	165	3.50	-184	-342	475	-271	-931
Net Cash From Continuing Financing Activities	43	170	476	-111	177	3.50	-128	-727	808	67	-749
Repayment of Debt	-65	-	-	-257	257	88	912	-	-	487	-516
Repurchase of Common Equity	7.30	-	-	-	6.10	-	-	-	2.30	-	-
Payment of Dividends	-217	-85	-84	-84	-86	-84	167	-333	-84	-83	-82
Issuance of Debt	314	251	557	219	0.00	-0.50	-1,207	1,106	889	-487	-
Issuance of Common Equity	3.10	3.10	3.10	11	0.10	-	-	2.30	0.00	-0.90	-

This table presents OGE Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	13,716	12,791	12,545	12,606	10,719	11,024	10,749	10,413	9,940	9,581
Total Current Assets	895	772	1,341	614	429	430	557	497	550	570
Cash & Equivalents	0.60	0.20	88	0.00	1.10	0.00	94	14	0.30	75
Accounts Receivable	315	282	324	227	225	217	237	259	235	228
Inventories, net	490	413	804	310	153	132	186	165	213	194
Current Deferred & Refundable Income Taxes	0.00	18	21	2.60	8.10	11	9.90	5.80	19	17
Other Current Assets	89	59	104	73	41	420	30	55	82	56
Plant, Property, & Equipment, net	12,087	11,301	10,547	9,833	9,375	9,045	8,644	8,340	7,696	7,322
Plant, Property & Equipment, gross	17,069	16,110	15,131	14,152	13,442	12,913	12,371	11,909	11,185	10,597
Accumulated Depreciation	4,982	4,809	4,585	4,319	4,068	3,868	3,727	3,569	3,489	3,274
Total Noncurrent Assets	734	718	657	1,375	916	1,550	1,548	1,576	1,694	1,688
Long-Term Investments	124	114	106	120	484	1,234	1,251	1,237	1,232	1,265
Other Noncurrent Operating Assets	610	604	551	1,255	432	315	297	339	462	423
Total Liabilities & Shareholders' Equity	13,716	12,791	12,545	12,606	10,719	11,024	10,749	10,413	9,940	9,581
Total Liabilities	9,075	8,279	8,131	8,550	7,087	6,885	6,744	6,562	6,496	6,255
Total Current Liabilities	1,230	1,179	1,802	1,090	697	658	869	951	1,027	753
Short-Term Debt	502	499	1,000	487	95	112	250	418	461	110
Accounts Payable	306	276	449	274	252	195	239	230	205	263
Customer Deposits	120	124	89	81	110	88	84	82	78	138
Dividends Payable	85	84	83	82	81	78	73	66	60	55
Current Deferred & Payable Income Tax Liabilities	59	48	54	53	56	42	44	45	41	46
Current Employee Benefit Liabilities	53	47	37	38	31	41	48	36	45	54
Other Current Liabilities	42	44	50	34	34	65	87	29	96	44
Other Current Nonoperating Liabilities	64	57	41	41	40	38	45	44	40	43
Total Noncurrent Liabilities	7,845	7,100	6,329	7,461	6,390	6,227	5,874	5,611	5,469	5,502
Long-Term Debt	5,021	4,341	3,549	4,496	3,494	3,195	2,897	2,750	2,406	2,629
Asset Retirement Reserve & Litigation Obligation	1,016	1,062	1,147	1,231	1,189	1,224	1,271	1,283	300	274
Noncurrent Deferred & Payable Income Tax Liabilities	1,382	1,312	1,246	1,346	1,280	1,383	1,318	1,228	2,335	2,178
Noncurrent Employee Benefit Liabilities	171	173	177	160	231	225	226	193	275	300
Other Noncurrent Operating Liabilities	255	213	211	227	195	200	163	158	154	121
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,641	4,512	4,413	4,056	3,632	4,140	4,005	3,851	3,444	3,326
Total Preferred & Common Equity	4,641	4,512	4,413	4,056	3,632	4,140	4,005	3,851	3,444	3,326
Total Common Equity	4,641	4,512	4,413	4,056	3,637	4,140	4,005	3,851	3,444	3,326
Common Stock	1,168	1,145	1,135	1,126	1,125	1,131	1,128	1,115	1,106	1,101
Retained Earnings	3,476	3,374	3,291	2,955	2,545	3,036	2,906	2,760	2,367	2,260
Treasury Stock	0.00	0.00	-0.10	-0.10	-	-	-	-	-	-
Accumulated Other Comprehensive Income / (Loss)	-2.70	-7.20	-12	-25	-32	-28	-29	-23	-29	-35

This table presents OGE Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	13,953	13,476	13,212	12,918	12,743	12,605	12,790	12,604
Total Current Assets	1,009	897	787	725	905	951	1,401	1,713
Cash & Equivalents	27	9.90	0.10	4.30	2.80	0.30	307	456
Accounts Receivable	364	419	329	245	438	356	281	402
Inventories, net	529	405	384	403	407	532	697	750
Other Current Assets	89	63	68	54	51	56	101	104
Plant, Property, & Equipment, net	12,213	11,832	11,687	11,469	11,114	10,940	10,720	10,268
Plant, Property & Equipment, gross	17,249	16,832	16,600	16,342	15,883	15,628	15,352	14,784
Accumulated Depreciation	5,036	5,000	4,913	4,873	4,769	4,688	4,632	4,516
Total Noncurrent Assets	731	747	737	724	724	714	670	623
Long-Term Investments	126	123	120	119	111	109	107	105
Other Noncurrent Operating Assets	606	625	618	605	613	605	562	519
Total Liabilities & Shareholders' Equity	13,953	13,476	13,212	12,918	12,743	12,605	12,790	12,604
Total Liabilities	9,338	8,859	8,734	8,473	8,203	8,226	8,420	8,163
Total Current Liabilities	1,383	1,042	1,110	1,430	1,108	1,127	1,666	1,876
Short-Term Debt	767	248	441	835	411	418	1,000	1,000
Accounts Payable	225	270	257	212	282	338	328	300
Customer Deposits	113	126	138	142	100	96	92	86
Dividends Payable	85	85	84	84	84	83	83	83
Current Deferred & Payable Income Tax Liabilities	50	101	49	29	74	48	36	264
Current Employee Benefit Liabilities	33	54	40	31	47	36	29	44
Other Current Liabilities	39	85	41	42	54	52	50	57
Other Current Nonoperating Liabilities	73	73	60	56	56	57	49	43
Total Noncurrent Liabilities	7,955	7,817	7,624	7,043	7,095	7,098	6,754	6,287
Long-Term Debt	5,122	5,021	4,822	4,262	4,340	4,339	3,994	3,548
Asset Retirement Reserve & Litigation Obligation	1,003	1,015	1,031	1,047	1,079	1,100	1,123	1,179
Noncurrent Deferred & Payable Income Tax Liabilities	1,399	1,372	1,346	1,330	1,293	1,274	1,261	1,215
Noncurrent Employee Benefit Liabilities	163	167	164	162	176	174	173	146
Other Noncurrent Operating Liabilities	268	243	262	243	207	211	204	200
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,616	4,617	4,478	4,445	4,541	4,379	4,370	4,441
Total Preferred & Common Equity	4,616	4,617	4,478	4,445	4,541	4,379	4,370	4,441
Total Common Equity	4,616	4,617	4,478	4,445	4,541	4,379	4,370	4,441
Common Stock	1,167	1,162	1,157	1,142	1,142	1,138	1,135	1,132
Retained Earnings	3,452	3,459	3,324	3,306	3,409	3,251	3,246	3,324
Treasury Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.10
Accumulated Other Comprehensive Income / (Loss)	-2.60	-3.10	-3.20	-3.30	-10	-10	-11	-14

This table displays calculated financial ratios and metrics derived from OGE Energy's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	11.63%	-20.78%	-7.61%	72.16%	-52.45%	-1.48%	100.36%	0.08%	2.84%	-10.44%
EBITDA Growth	54.76%	-25.61%	24.45%	39.96%	-32.66%	69.55%	-3.32%	-1.07%	4.14%	-2.41%
EBIT Growth	11.05%	1.26%	-22.52%	65.25%	-47.90%	109.43%	-12.07%	5.89%	3.75%	-8.57%
NOPAT Growth	10.32%	4.59%	19.94%	24.95%	-61.58%	127.30%	-27.57%	56.56%	4.26%	-5.24%
Net Income Growth	5.93%	-37.39%	-9.71%	524.47%	-122.16%	4.02%	21.73%	83.03%	24.66%	-31.46%
EPS Growth	5.80%	-37.65%	-9.78%	522.99%	-140.28%	1.89%	-31.61%	83.43%	24.26%	-31.31%
Operating Cash Flow Growth	35.89%	-46.42%	1,100.48%	-132.25%	4.59%	-28.35%	21.24%	21.68%	-25.65%	20.16%
Free Cash Flow Firm Growth	-303.86%	199.81%	90.79%	-606.31%	-5.85%	-47.08%	404.03%	-1,073.07%	-96.15%	87.58%
Invested Capital Growth	8.63%	5.47%	7.69%	20.43%	2.68%	12.72%	0.76%	13.54%	7.39%	0.53%
Revenue Q/Q Growth	6.94%	-5.15%	4.02%	16.86%	-55.53%	-1.49%	100.42%	-1.26%	3.85%	-3.48%
EBITDA Q/Q Growth	13.13%	-16.24%	8.85%	59.60%	-47.85%	65.01%	-3.57%	-0.18%	4.83%	-4.26%
EBIT Q/Q Growth	11.86%	-26.10%	-34.13%	77.45%	-51.35%	108.56%	-6.67%	0.74%	7.24%	-7.39%
NOPAT Q/Q Growth	10.21%	2.19%	4.48%	9.74%	-90.10%	110.50%	-36.79%	50.98%	15.30%	-4.61%
Net Income Q/Q Growth	13.85%	-0.50%	-28.77%	62.76%	-198.14%	0.37%	13.21%	62.00%	9.20%	-9.66%
EPS Q/Q Growth	13.47%	-0.96%	-28.76%	56.60%	10.31%	-4.85%	-36.14%	62.30%	9.03%	-9.33%
Operating Cash Flow Q/Q Growth	-2.54%	11.43%	122.88%	70.71%	-43.75%	3.67%	-7.88%	15.11%	-5.87%	0.34%
Free Cash Flow Firm Q/Q Growth	-822.15%	142.62%	-149.44%	6.02%	-94.35%	886.13%	-14.16%	41.03%	-78.98%	-8.11%
Invested Capital Q/Q Growth	2.79%	0.65%	3.96%	0.64%	1.06%	4.47%	-0.60%	2.55%	0.72%	-1.22%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	63.94%	65.91%	50.75%	41.77%	69.63%	64.74%	76.82%	60.30%	61.04%	60.63%
EBITDA Margin	61.25%	44.18%	47.05%	34.93%	42.97%	30.34%	17.63%	36.54%	36.96%	36.50%
Operating Margin	24.97%	24.31%	19.24%	14.89%	24.61%	22.67%	10.81%	23.52%	23.50%	21.90%
EBIT Margin	25.11%	25.24%	19.75%	23.55%	24.53%	22.39%	10.53%	24.00%	22.68%	22.48%
Profit (Net Income) Margin	14.79%	15.59%	19.72%	20.18%	-8.18%	17.56%	16.63%	27.38%	14.97%	12.35%
Tax Burden Percent	84.81%	88.12%	84.34%	83.93%	57.69%	94.01%	151.40%	108.65%	69.55%	73.58%
Interest Burden Percent	69.45%	70.07%	118.41%	102.12%	-57.84%	83.44%	104.32%	104.99%	94.91%	74.65%
Effective Tax Rate	15.19%	11.88%	15.66%	16.07%	0.00%	5.99%	14.51%	-8.65%	30.45%	26.42%
Return on Invested Capital (ROIC)	6.46%	6.27%	6.39%	6.04%	5.40%	15.10%	7.09%	10.45%	7.38%	7.36%
ROIC Less NNEP Spread (ROIC-NNEP)	2.80%	2.93%	9.11%	13.60%	-13.31%	7.58%	24.06%	12.63%	5.47%	1.93%
Return on Net Nonoperating Assets (RNNOA)	3.19%	3.07%	9.33%	13.14%	-9.87%	4.15%	12.09%	6.52%	2.61%	0.90%
Return on Equity (ROE)	9.65%	9.34%	15.72%	19.18%	-4.47%	19.25%	19.18%	16.97%	9.99%	8.26%
Cash Return on Invested Capital (CROIC)	-1.81%	0.95%	-1.01%	-12.49%	2.76%	3.14%	6.34%	-2.23%	0.25%	6.83%
Operating Return on Assets (OROA)	5.66%	5.33%	5.30%	7.38%	4.79%	9.18%	4.51%	5.33%	5.25%	5.17%
Return on Assets (ROA)	3.33%	3.29%	5.29%	6.32%	-1.60%	7.20%	7.12%	6.08%	3.47%	2.84%
Return on Common Equity (ROCE)	9.65%	9.34%	15.72%	19.19%	-4.47%	19.25%	19.18%	16.97%	9.99%	8.26%
Return on Equity Simple (ROE_SIMPLE)	9.51%	9.24%	15.08%	18.18%	-4.78%	18.93%	18.81%	16.07%	9.82%	8.16%
Net Operating Profit after Tax (NOPAT)	632	573	548	457	366	951	419	578	369	354
NOPAT Margin	21.17%	21.42%	16.23%	12.50%	17.22%	21.32%	9.24%	25.56%	16.34%	16.12%
Net Nonoperating Expense Percent (NNEP)	3.66%	3.34%	-2.72%	-7.56%	18.71%	7.52%	-16.97%	-2.18%	1.92%	5.43%
Return On Investment Capital (ROIC_SIMPLE)	6.22%	6.13%	6.11%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	36.06%	34.09%	49.25%	58.23%	30.37%	35.26%	23.18%	39.70%	38.96%	39.37%
SG&A Expenses to Revenue	17.23%	18.79%	14.85%	12.67%	21.81%	22.05%	10.48%	20.29%	19.39%	20.56%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	38.98%	41.60%	31.51%	26.87%	45.02%	42.06%	19.61%	36.78%	37.55%	38.72%
Earnings before Interest and Taxes (EBIT)	750	675	667	860	521	999	477	543	512	494
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,829	1,182	1,588	1,276	912	1,354	799	826	835	802
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.12	1.76	1.95	2.01	1.47	1.72	1.51	1.27	1.39	1.09
Price to Tangible Book Value (P/TBV)	2.12	1.76	1.95	2.01	1.47	1.72	1.51	1.27	1.39	1.09
Price to Revenue (P/Rev)	3.30	2.97	2.54	2.23	2.52	1.60	1.34	2.16	2.12	1.65
Price to Earnings (P/E)	22.32	19.06	12.90	11.05	0.00	9.11	2.10	7.90	14.18	13.36
Dividend Yield	4.10%	5.03%	4.61%	4.77%	5.85%	4.16%	4.49%	5.06%	4.70%	5.65%
Earnings Yield	4.48%	5.25%	7.75%	9.05%	0.00%	10.98%	47.53%	12.66%	7.05%	7.48%
Enterprise Value to Invested Capital (EV/IC)	1.50	1.35	1.46	1.58	1.23	1.38	1.33	1.16	1.24	1.04
Enterprise Value to Revenue (EV/Rev)	5.11	4.74	3.83	3.56	3.99	2.06	1.74	3.01	2.85	2.29
Enterprise Value to EBITDA (EV/EBITDA)	8.34	10.72	8.15	10.20	9.28	6.80	9.84	8.24	7.70	6.27
Enterprise Value to EBIT (EV/EBIT)	20.35	18.77	19.42	15.13	16.25	9.22	16.48	12.54	12.55	10.17
Enterprise Value to NOPAT (EV/NOPAT)	24.13	22.11	23.63	28.49	23.14	9.68	18.78	11.78	17.42	14.19
Enterprise Value to Operating Cash Flow (EV/OCF)	9.11	10.28	5.63	0.00	11.87	13.51	8.26	8.68	9.97	5.79
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	146.06	0.00	0.00	45.37	46.51	21.01	0.00	508.39	15.29
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.19	1.07	1.03	1.23	0.99	0.80	0.79	0.82	0.83	0.82
Long-Term Debt to Equity	1.08	0.96	0.80	1.11	0.96	0.77	0.72	0.71	0.70	0.79
Financial Leverage	1.14	1.05	1.02	0.97	0.74	0.55	0.50	0.52	0.48	0.46
Leverage Ratio	2.90	2.84	2.97	3.03	2.80	2.67	2.69	2.79	2.88	2.91
Compound Leverage Factor	2.01	1.99	3.52	3.10	-1.62	2.23	2.81	2.93	2.74	2.17
Debt to Total Capital	54.34%	51.75%	50.75%	55.13%	49.71%	44.41%	44.00%	45.13%	45.43%	45.16%
Short-Term Debt to Total Capital	4.94%	5.34%	11.16%	5.39%	1.32%	1.50%	3.50%	5.96%	7.30%	1.81%
Long-Term Debt to Total Capital	49.40%	46.42%	39.60%	49.74%	48.39%	42.91%	40.50%	39.17%	38.12%	43.35%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	45.66%	48.25%	49.25%	44.87%	50.37%	55.59%	56.00%	54.87%	54.57%	54.84%
Debt to EBITDA	3.02	4.10	2.86	3.90	3.94	2.44	3.94	3.83	3.43	3.42
Net Debt to EBITDA	2.95	4.00	2.74	3.81	3.40	1.53	2.26	2.32	1.96	1.74
Long-Term Debt to EBITDA	2.75	3.67	2.23	3.52	3.83	2.36	3.63	3.33	2.88	3.28
Debt to NOPAT	8.74	8.45	8.30	10.91	9.82	3.48	7.52	5.48	7.77	7.74
Net Debt to NOPAT	8.54	8.25	7.95	10.65	8.49	2.18	4.30	3.32	4.43	3.95
Long-Term Debt to NOPAT	7.94	7.58	6.48	9.84	9.56	3.36	6.92	4.76	6.52	7.42
Altman Z-Score	1.38	1.29	1.40	1.37	1.11	1.69	1.45	1.16	1.12	1.05
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	-0.07%	-0.07%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.73	0.65	0.74	0.56	0.61	0.65	0.64	0.52	0.53	0.76
Quick Ratio	0.26	0.24	0.23	0.21	0.32	0.33	0.38	0.29	0.23	0.40
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-177	87	-87	-944	186	198	374	-123	13	329
Operating Cash Flow to CapEx	76.75%	104.59%	109.43%	-29.53%	109.58%	107.24%	165.84%	95.28%	97.80%	159.01%
Free Cash Flow to Firm to Interest Expense	-0.69	0.39	-0.52	-5.96	1.18	0.69	2.40	-0.86	0.09	2.21
Operating Cash Flow to Interest Expense	6.58	5.57	13.83	-1.45	4.50	2.36	6.10	5.46	4.54	5.82
Operating Cash Flow Less CapEx to Interest Expense	-1.99	0.24	1.19	-6.37	0.39	0.16	2.42	-0.27	-0.10	2.16
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.23	0.21	0.27	0.31	0.20	0.41	0.43	0.22	0.23	0.23
Accounts Receivable Turnover	10.01	8.83	12.24	16.14	9.59	19.65	18.25	9.15	9.75	9.19
Inventory Turnover	2.38	1.50	2.98	9.19	4.53	9.89	5.98	4.75	4.33	4.33
Fixed Asset Turnover	0.26	0.24	0.33	0.38	0.23	0.50	0.53	0.28	0.30	0.31
Accounts Payable Turnover	3.70	2.51	4.60	8.10	2.89	7.25	4.47	4.12	3.76	3.92
Days Sales Outstanding (DSO)	36.48	41.34	29.82	22.61	38.04	18.58	20.00	39.90	37.44	39.72
Days Inventory Outstanding (DIO)	153.13	243.61	122.36	39.72	80.63	36.92	61.08	76.83	84.33	84.31
Days Payable Outstanding (DPO)	98.69	145.19	79.36	45.08	126.39	50.35	81.65	88.61	97.03	93.17
Cash Conversion Cycle (CCC)	90.92	139.77	72.82	17.26	-7.71	5.15	-0.57	28.12	24.75	30.86
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	10,187	9,378	8,892	8,257	6,857	6,678	5,924	5,880	5,179	4,822
Invested Capital Turnover	0.31	0.29	0.39	0.48	0.31	0.71	0.77	0.41	0.45	0.46
Increase / (Decrease) in Invested Capital	809	486	635	1,401	179	753	44	701	357	26
Enterprise Value (EV)	15,252	12,670	12,944	13,013	8,459	9,210	7,860	6,806	6,430	5,024
Market Capitalization	9,854	7,945	8,589	8,149	5,355	7,137	6,059	4,889	4,796	3,626
Book Value per Share	$19.23	$18.75	$18.34	$16.86	$18.18	$20.68	$20.05	$19.28	$17.24	$16.65
Tangible Book Value per Share	$19.23	$18.75	$18.34	$16.86	$18.18	$20.68	$20.05	$19.28	$17.24	$16.65
Total Capital	10,164	9,351	8,962	9,040	7,221	7,447	7,152	7,019	6,311	6,065
Total Debt	5,523	4,840	4,549	4,983	3,589	3,307	3,147	3,168	2,867	2,739
Total Long-Term Debt	5,021	4,341	3,549	4,496	3,494	3,195	2,897	2,750	2,406	2,629
Net Debt	5,398	4,726	4,355	4,863	3,104	2,073	1,802	1,916	1,634	1,399
Capital Expenditures (CapEx)	2,182	1,178	2,102	779	651	636	574	823	659	545
Debt-free, Cash-free Net Working Capital (DFCFNWC)	166	91	450	11	-175	-116	-156	-50	-17	-148
Debt-free Net Working Capital (DFNWC)	167	92	539	11	-174	-116	-62	-35	-17	-73
Net Working Capital (NWC)	-335	-408	-461	-476	-269	-228	-312	-454	-478	-183
Net Nonoperating Expense (NNE)	191	156	-118	-281	539	168	-335	-41	31	83
Net Nonoperating Obligations (NNO)	5,546	4,867	4,479	4,201	3,225	2,538	1,919	2,029	1,735	1,496
Total Depreciation and Amortization (D&A)	1,079	507	922	416	391	355	322	284	323	308
Debt-free, Cash-free Net Working Capital to Revenue	5.57%	3.41%	13.34%	0.30%	-8.25%	-2.59%	-3.45%	-2.20%	-0.76%	-6.73%
Debt-free Net Working Capital to Revenue	5.59%	3.42%	15.95%	0.30%	-8.19%	-2.59%	-1.37%	-1.56%	-0.74%	-3.30%
Net Working Capital to Revenue	-11.21%	-15.25%	-13.67%	-13.03%	-12.67%	-5.10%	-6.89%	-20.06%	-21.14%	-8.31%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.20	$2.08	$3.33	$3.68	($0.87)	$2.17	$2.13	$3.10	$1.69	$1.36
Adjusted Weighted Average Basic Shares Outstanding	200.80M	200.30M	200.20M	200.10M	200.10M	200.10M	199.70M	199.70M	199.70M	199.60M
Adjusted Diluted Earnings per Share	$2.19	$2.07	$3.32	$3.68	($0.87)	$2.16	$2.12	$3.10	$1.69	$1.36
Adjusted Weighted Average Diluted Shares Outstanding	201.30M	200.90M	200.80M	200.30M	200.10M	200.70M	200.50M	200M	199.90M	199.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	241.53M	240.71M	240.61M	440.78M	440.42M	400.35M	199.73M	199.71M	199.70M	199.70M
Normalized Net Operating Profit after Tax (NOPAT)	632	573	548	457	366	951	419	372	369	354
Normalized NOPAT Margin	21.17%	21.42%	16.23%	12.50%	17.22%	21.32%	9.24%	16.47%	16.34%	16.12%
Pre Tax Income Margin	17.44%	17.69%	23.38%	24.04%	-14.19%	18.68%	10.99%	25.20%	21.53%	16.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.95	3.05	4.01	5.43	3.28	3.46	3.06	3.77	3.61	3.31
NOPAT to Interest Expense	2.48	2.59	3.29	2.89	2.31	3.30	2.68	4.02	2.60	2.38
EBIT Less CapEx to Interest Expense	-5.63	-2.27	-8.63	0.52	-0.82	1.26	-0.62	-1.95	-1.03	-0.35
NOPAT Less CapEx to Interest Expense	-6.09	-2.73	-9.34	-2.03	-1.80	1.10	-0.99	-1.71	-2.04	-1.28
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	76.67%	79.94%	49.47%	44.07%	-181.29%	38.17%	36.12%	40.00%	66.56%	75.41%
Augmented Payout Ratio	75.29%	79.39%	49.33%	44.07%	-189.75%	39.49%	36.19%	40.00%	66.56%	75.41%

This table displays calculated financial ratios and metrics derived from OGE Energy's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	25.28%	34.20%	2.12%	9.52%	7.11%	-20.40%	-25.61%	-24.72%	-5.45%	22.47%	47.02%
EBITDA Growth	22.12%	93.77%	174.50%	43.56%	-38.06%	30.57%	-53.76%	-18.88%	66.65%	-65.67%	21.09%
EBIT Growth	75.96%	81.45%	-4.86%	15.40%	-14.37%	81.08%	-5.93%	-6.93%	-2.96%	-86.50%	24.28%
NOPAT Growth	68.26%	49.14%	-7.69%	18.10%	4.88%	22.00%	7.53%	-5.46%	-6.41%	33.13%	6.64%
Net Income Growth	237.10%	111.41%	-9.59%	15.72%	-51.44%	-4.18%	-7.95%	20.93%	-86.30%	-84.24%	4.08%
EPS Growth	244.44%	108.33%	-9.17%	15.91%	-52.63%	-7.69%	-8.40%	22.22%	-86.33%	-83.75%	3.97%
Operating Cash Flow Growth	-69.85%	-14.05%	668.36%	-5.17%	-77.37%	-79.70%	-116.55%	3,728.49%	522.75%	479.98%	165.80%
Free Cash Flow Firm Growth	-104.53%	-71.08%	31.25%	-147.77%	-158.72%	30.47%	-478.03%	96.04%	110.15%	58.91%	92.93%
Invested Capital Growth	9.95%	8.63%	6.36%	6.52%	5.25%	5.47%	8.93%	3.46%	-6.50%	7.69%	4.25%
Revenue Q/Q Growth	-1.68%	-21.22%	45.70%	11.03%	5.31%	-40.06%	56.26%	8.58%	-21.73%	-43.98%	58.12%
EBITDA Q/Q Growth	-7.00%	-27.49%	4.31%	183.06%	-9.50%	2.72%	-45.45%	22.13%	-27.38%	-63.62%	-4.30%
EBIT Q/Q Growth	-24.79%	-44.13%	76.31%	137.52%	-22.44%	-70.71%	113.86%	76.24%	-73.69%	-84.78%	111.59%
NOPAT Q/Q Growth	-26.39%	-40.95%	78.09%	117.36%	-34.75%	-63.45%	127.85%	93.03%	-24.11%	-67.79%	100.32%
Net Income Q/Q Growth	-38.47%	-53.41%	113.78%	450.00%	-61.41%	-80.07%	173.64%	130.81%	-23.86%	-80.86%	259.51%
EPS Q/Q Growth	-38.00%	-54.13%	113.73%	466.67%	-62.50%	-80.00%	172.73%	131.58%	-26.92%	-80.15%	263.89%
Operating Cash Flow Q/Q Growth	-76.58%	-60.94%	6.92%	671.08%	-78.35%	358.31%	-117.84%	84.00%	98.70%	110.63%	4,011.29%
Free Cash Flow Firm Q/Q Growth	-28.00%	-98.56%	26.77%	-9.89%	-7.07%	20.21%	-163.91%	-126.04%	226.78%	-563.37%	98.19%
Invested Capital Q/Q Growth	3.16%	2.79%	1.49%	2.16%	1.92%	0.65%	1.64%	0.94%	2.13%	3.96%	-3.47%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	56.67%	60.53%	63.74%	70.74%	61.09%	65.50%	64.69%	69.95%	64.00%	52.30%	46.98%
EBITDA Margin	54.57%	57.69%	62.67%	87.53%	34.33%	39.95%	23.31%	66.78%	59.37%	24.36%	37.50%
Operating Margin	17.83%	23.96%	32.44%	26.55%	12.40%	16.98%	35.02%	24.20%	13.73%	12.91%	25.02%
EBIT Margin	17.81%	23.29%	32.84%	27.14%	12.68%	17.22%	35.24%	25.75%	15.87%	7.57%	27.87%
Profit (Net Income) Margin	8.39%	13.40%	22.65%	15.44%	3.12%	8.51%	25.59%	14.61%	6.87%	7.07%	20.68%
Tax Burden Percent	86.01%	85.49%	84.21%	84.20%	92.08%	108.56%	86.30%	85.66%	84.92%	93.15%	83.59%
Interest Burden Percent	54.73%	67.31%	81.92%	67.58%	26.68%	45.49%	84.12%	66.24%	51.02%	100.19%	88.76%
Effective Tax Rate	13.99%	14.51%	15.79%	15.80%	7.92%	-8.56%	13.70%	14.34%	15.08%	6.85%	16.41%
Return on Invested Capital (ROIC)	4.79%	6.25%	7.93%	6.54%	3.32%	5.39%	9.54%	7.23%	4.15%	4.73%	8.10%
ROIC Less NNEP Spread (ROIC-NNEP)	3.85%	5.22%	7.04%	5.64%	2.32%	4.19%	8.55%	6.44%	3.62%	3.92%	8.03%
Return on Net Nonoperating Assets (RNNOA)	4.68%	5.93%	7.74%	6.41%	2.58%	4.39%	8.46%	7.01%	4.27%	4.02%	8.27%
Return on Equity (ROE)	9.47%	12.18%	15.67%	12.95%	5.91%	9.78%	18.00%	14.24%	8.41%	8.75%	16.37%
Cash Return on Invested Capital (CROIC)	-2.68%	-1.81%	-0.20%	-0.01%	1.04%	0.95%	-2.28%	2.57%	12.53%	-1.01%	2.10%
Operating Return on Assets (OROA)	4.16%	5.25%	6.99%	5.83%	2.68%	3.64%	7.84%	6.37%	4.10%	2.03%	7.30%
Return on Assets (ROA)	1.96%	3.02%	4.82%	3.31%	0.66%	1.80%	5.69%	3.61%	1.78%	1.90%	5.42%
Return on Common Equity (ROCE)	9.47%	12.18%	15.67%	12.95%	5.91%	9.78%	18.00%	14.24%	8.41%	8.75%	16.37%
Return on Equity Simple (ROE_SIMPLE)	10.52%	0.00%	8.40%	9.18%	8.93%	0.00%	9.23%	10.04%	9.71%	0.00%	21.05%
Net Operating Profit after Tax (NOPAT)	115	156	264	148	68	104	286	125	65	86	266
NOPAT Margin	15.33%	20.48%	27.32%	22.35%	11.42%	18.43%	30.22%	20.73%	11.66%	12.02%	20.91%
Net Nonoperating Expense Percent (NNEP)	0.94%	1.03%	0.89%	0.91%	1.01%	1.20%	0.99%	0.79%	0.52%	0.81%	0.07%
Return On Investment Capital (ROIC_SIMPLE)	1.09%	1.53%	-	-	-	1.12%	-	-	-	0.96%	-
Cost of Revenue to Revenue	43.33%	39.47%	36.26%	29.26%	38.91%	34.50%	35.31%	30.05%	36.00%	47.70%	53.02%
SG&A Expenses to Revenue	16.29%	15.81%	13.61%	19.68%	22.19%	21.39%	12.98%	21.21%	23.40%	19.23%	10.34%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	38.84%	36.57%	31.29%	44.19%	48.69%	48.53%	29.67%	45.75%	50.27%	39.39%	21.96%
Earnings before Interest and Taxes (EBIT)	133	177	317	180	76	98	333	156	88	54	354
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	408	439	605	580	205	226	220	404	331	173	477
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.38	2.12	2.12	1.90	1.81	1.76	1.67	1.86	1.93	1.95	1.80
Price to Tangible Book Value (P/TBV)	2.38	2.12	2.12	1.90	1.81	1.76	1.67	1.86	1.93	1.95	1.80
Price to Revenue (P/Rev)	3.51	3.30	3.51	3.07	2.97	2.97	2.68	2.59	2.52	2.54	2.46
Price to Earnings (P/E)	22.64	22.32	25.25	20.68	20.29	19.06	18.05	18.50	19.88	12.90	8.55
Dividend Yield	3.69%	4.10%	4.12%	4.73%	4.97%	5.03%	5.27%	4.89%	4.70%	4.61%	4.94%
Earnings Yield	4.42%	4.48%	3.96%	4.84%	4.93%	5.25%	5.54%	5.41%	5.03%	7.75%	11.70%
Enterprise Value to Invested Capital (EV/IC)	1.59	1.50	1.51	1.40	1.36	1.35	1.31	1.39	1.43	1.46	1.40
Enterprise Value to Revenue (EV/Rev)	5.33	5.11	5.35	4.92	4.80	4.74	4.33	4.07	3.89	3.83	3.69
Enterprise Value to EBITDA (EV/EBITDA)	8.79	8.34	9.24	11.08	12.34	10.72	8.65	8.99	9.16	8.15	8.21
Enterprise Value to EBIT (EV/EBIT)	20.73	20.35	22.28	19.88	19.68	18.77	13.35	13.68	13.76	19.42	11.84
Enterprise Value to NOPAT (EV/NOPAT)	24.55	24.13	26.03	22.86	22.70	22.11	21.76	23.74	23.85	23.63	22.84
Enterprise Value to Operating Cash Flow (EV/OCF)	10.94	9.11	8.69	14.93	13.74	10.28	11.03	6.54	10.33	5.63	11.61
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	134.23	146.06	0.00	55.15	11.06	0.00	68.13
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.28	1.19	1.14	1.18	1.15	1.07	1.05	1.09	1.14	1.03	1.02
Long-Term Debt to Equity	1.11	1.08	1.09	1.08	0.96	0.96	0.96	0.99	0.91	0.80	0.80
Financial Leverage	1.21	1.14	1.10	1.14	1.11	1.05	0.99	1.09	1.18	1.02	1.03
Leverage Ratio	2.97	2.90	2.86	2.91	2.92	2.84	2.82	2.95	3.00	2.97	3.00
Compound Leverage Factor	1.62	1.95	2.35	1.97	0.78	1.29	2.37	1.95	1.53	2.98	2.66
Debt to Total Capital	56.06%	54.34%	53.29%	54.03%	53.41%	51.75%	51.13%	52.07%	53.33%	50.75%	50.60%
Short-Term Debt to Total Capital	7.30%	4.94%	2.50%	4.52%	8.75%	5.34%	4.43%	4.58%	10.68%	11.16%	11.12%
Long-Term Debt to Total Capital	48.76%	49.40%	50.79%	49.50%	44.66%	46.42%	46.70%	47.49%	42.65%	39.60%	39.47%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	43.94%	45.66%	46.71%	45.97%	46.59%	48.25%	48.87%	47.93%	46.67%	49.25%	49.40%
Debt to EBITDA	3.10	3.02	3.26	4.27	4.83	4.10	3.37	3.35	3.52	2.86	3.12
Net Debt to EBITDA	3.01	2.95	3.18	4.18	4.71	4.00	3.29	3.27	3.22	2.74	2.73
Long-Term Debt to EBITDA	2.69	2.75	3.11	3.91	4.04	3.67	3.08	3.05	2.81	2.23	2.43
Debt to NOPAT	8.64	8.74	9.19	8.82	8.88	8.45	8.47	8.83	9.15	8.30	8.67
Net Debt to NOPAT	8.42	8.54	8.96	8.62	8.67	8.25	8.27	8.63	8.39	7.95	7.61
Long-Term Debt to NOPAT	7.52	7.94	8.75	8.08	7.43	7.58	7.74	8.06	7.31	6.48	6.77
Altman Z-Score	1.28	1.24	1.29	1.16	1.09	1.14	1.22	1.23	1.22	1.24	1.29
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.73	0.73	0.86	0.71	0.51	0.65	0.82	0.84	0.84	0.74	0.91
Quick Ratio	0.28	0.26	0.41	0.30	0.17	0.24	0.40	0.32	0.35	0.23	0.46
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-836	-653	-329	-449	-409	-382	-478	-181	696	-549	-83
Operating Cash Flow to CapEx	12.55%	45.06%	140.17%	73.27%	36.58%	104.15%	0.00%	114.55%	64.13%	108.60%	0.00%
Free Cash Flow to Firm to Interest Expense	-12.42	-10.02	-5.12	-6.92	-6.79	-6.53	-8.34	-3.14	14.56	-13.20	-1.96
Operating Cash Flow to Interest Expense	0.93	4.10	10.66	9.86	1.38	5.32	-2.10	11.70	7.67	36.83	17.24
Operating Cash Flow Less CapEx to Interest Expense	-6.48	-5.00	3.05	-3.60	-2.39	0.21	2.81	1.49	-4.29	2.92	22.23
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.23	0.23	0.21	0.21	0.21	0.21	0.22	0.25	0.26	0.27	0.26
Accounts Receivable Turnover	10.30	10.01	6.52	8.09	10.32	8.83	6.71	8.94	13.17	12.24	8.93
Inventory Turnover	2.51	2.38	2.39	2.09	1.71	1.50	1.82	2.75	3.02	2.98	3.56
Fixed Asset Turnover	0.26	0.26	0.24	0.25	0.24	0.24	0.26	0.30	0.32	0.33	0.33
Accounts Payable Turnover	5.35	3.70	3.52	3.21	3.50	2.51	3.63	4.40	5.11	4.60	5.79
Days Sales Outstanding (DSO)	35.43	36.48	55.98	45.13	35.35	41.34	54.36	40.82	27.72	29.82	40.89
Days Inventory Outstanding (DIO)	145.68	153.13	152.52	174.99	212.93	243.61	200.06	132.74	120.75	122.36	102.46
Days Payable Outstanding (DPO)	68.21	98.69	103.60	113.56	104.38	145.19	100.52	83.00	71.36	79.36	63.00
Cash Conversion Cycle (CCC)	112.90	90.92	104.91	106.56	143.91	139.77	153.91	90.56	77.11	72.82	80.34
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	10,509	10,187	9,911	9,765	9,559	9,378	9,318	9,167	9,082	8,892	8,554
Invested Capital Turnover	0.31	0.31	0.29	0.29	0.29	0.29	0.32	0.35	0.36	0.39	0.39
Increase / (Decrease) in Invested Capital	951	809	593	597	477	486	764	307	-631	635	349
Enterprise Value (EV)	16,729	15,252	14,929	13,643	13,032	12,670	12,197	12,785	13,020	12,944	11,977
Market Capitalization	10,994	9,854	9,793	8,500	8,058	7,945	7,560	8,137	8,440	8,589	7,990
Book Value per Share	$19.11	$19.23	$19.14	$18.59	$22.18	$18.75	$18.87	$18.20	$18.16	$18.34	$18.46
Tangible Book Value per Share	$19.11	$19.23	$19.14	$18.59	$22.18	$18.75	$18.87	$18.20	$18.16	$18.34	$18.46
Total Capital	10,504	10,164	9,886	9,740	9,542	9,351	9,292	9,136	9,364	8,962	8,989
Total Debt	5,889	5,523	5,268	5,263	5,097	4,840	4,751	4,757	4,994	4,549	4,548
Total Long-Term Debt	5,122	5,021	5,021	4,822	4,262	4,341	4,340	4,339	3,994	3,549	3,548
Net Debt	5,736	5,398	5,136	5,143	4,974	4,726	4,637	4,648	4,580	4,355	3,987
Capital Expenditures (CapEx)	499	593	488	874	227	299	-282	589	572	1,411	-211
Debt-free, Cash-free Net Working Capital (DFCFNWC)	366	166	93	118	126	91	206	242	428	450	381
Debt-free Net Working Capital (DFNWC)	393	167	103	118	130	92	209	242	735	539	837
Net Working Capital (NWC)	-374	-335	-145	-322	-705	-408	-202	-176	-265	-461	-163
Net Nonoperating Expense (NNE)	52	54	45	46	50	56	44	37	27	35	2.93
Net Nonoperating Obligations (NNO)	5,894	5,546	5,293	5,287	5,113	4,867	4,777	4,788	4,712	4,479	4,113
Total Depreciation and Amortization (D&A)	275	262	288	400	129	129	-113	248	242	120	122
Debt-free, Cash-free Net Working Capital to Revenue	11.67%	5.57%	3.32%	4.26%	4.65%	3.41%	7.31%	7.69%	12.81%	13.34%	11.73%
Debt-free Net Working Capital to Revenue	12.53%	5.59%	3.68%	4.27%	4.80%	3.42%	7.41%	7.70%	21.99%	15.95%	25.78%
Net Working Capital to Revenue	-11.92%	-11.21%	-5.19%	-11.63%	-25.97%	-15.25%	-7.18%	-5.60%	-7.92%	-13.67%	-5.03%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.31	$0.51	$1.09	$0.51	$0.09	$0.24	$1.21	$0.44	$0.19	$0.25	$1.31
Adjusted Weighted Average Basic Shares Outstanding	201.20M	200.80M	200.90M	200.80M	200.40M	200.30M	200.30M	200.30M	200.20M	200.20M	200.20M
Adjusted Diluted Earnings per Share	$0.31	$0.50	$1.09	$0.51	$0.09	$0.24	$1.20	$0.44	$0.19	$0.26	$1.31
Adjusted Weighted Average Diluted Shares Outstanding	201.90M	201.30M	201.50M	201.40M	200.60M	200.90M	201M	200.80M	200.80M	200.80M	200.90M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	241.71M	241.53M	241.33M	241.25M	240.93M	240.71M	240.67M	240.67M	240.67M	240.61M	240.58M
Normalized Net Operating Profit after Tax (NOPAT)	115	156	264	148	68	67	286	125	65	86	266
Normalized NOPAT Margin	15.33%	20.48%	27.32%	22.35%	11.42%	11.88%	30.22%	20.73%	11.66%	12.02%	20.91%
Pre Tax Income Margin	9.75%	15.67%	26.90%	18.34%	3.38%	7.83%	29.65%	17.06%	8.09%	7.59%	24.74%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.98	2.72	4.94	2.77	1.26	1.67	5.80	2.70	1.85	1.30	8.39
NOPAT to Interest Expense	1.70	2.39	4.11	2.28	1.13	1.79	4.98	2.17	1.36	2.06	6.30
EBIT Less CapEx to Interest Expense	-5.44	-6.38	-2.67	-10.69	-2.51	-3.44	10.71	-7.51	-10.12	-32.62	13.39
NOPAT Less CapEx to Interest Expense	-5.71	-6.71	-3.50	-11.18	-2.64	-3.32	9.88	-8.04	-10.61	-31.86	11.29
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	96.62%	76.67%	87.08%	21.07%	84.49%	79.94%	79.33%	132.20%	77.88%	49.47%	35.15%
Augmented Payout Ratio	95.12%	75.29%	85.51%	21.07%	82.95%	79.39%	79.33%	132.20%	77.53%	49.33%	35.15%

Frequently Asked Questions About OGE Energy's Financials

When does OGE Energy's fiscal year end?

According to the most recent income statement we have on file, OGE Energy's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has OGE Energy's net income changed over the last 9 years?

OGE Energy's net income were at $441.50 million at the end of 2024, a 5.9% increase from 2023, and a 62.7% increase since 2015. View OGE Energy's forecast to see where analysts expect OGE Energy to go next.

What is OGE Energy's operating income?

OGE Energy's total operating income in 2024 was $745.30 million, based on the following breakdown:

Total Gross Profit: $1.91 billion
Total Operating Expenses: $1.16 billion

How has OGE Energy revenue changed over the last 9 years?

Over the last 9 years, OGE Energy's total revenue changed from $2.20 billion in 2015 to $2.99 billion in 2024, a change of 35.9%.

How much debt does OGE Energy have?

OGE Energy's total liabilities were at $9.08 billion at the end of 2024, a 9.6% increase from 2023, and a 45.1% increase since 2015.

How much cash does OGE Energy have?

In the past 9 years, OGE Energy's cash and equivalents has ranged from $0.00 in 2019 to $94.30 million in 2018, and is currently $600 thousand as of their latest financial filing in 2024.

How has OGE Energy's book value per share changed over the last 9 years?

Over the last 9 years, OGE Energy's book value per share changed from 16.65 in 2015 to 19.23 in 2024, a change of 15.5%.

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This page (NYSE:OGE) was last updated on 5/29/2025 by MarketBeat.com Staff

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OGE Energy (OGE) Financials

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OGE Energy (OGE) Financials

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