OGE ENERGY CORP. OGE

Utilities SIC 4911 - Electric Services NAICS Utilities › Electric Power Generation, Transmission and Distribution derived NYSE

OGE Energy is a holding company whose primary investment provides electricity in Oklahoma and western Arkansas. OGE Energy's electric company operations are conducted through its wholly-owned subsidiary, OG&E, which generates, transmits, distributes and sells electric energy in Oklahoma and western Arkansas and are reported through OGE Energy's electric company business segment. OG&E's rates are subject to regulation by the OCC, the APSC and the FERC. OG&E was incorporated in 1902 under the laws of the Oklahoma Territory and is the largest electric company in Oklahoma, with a franchised service territory that includes Fort Smith, Arkansas and the surrounding communities. OG&E sold its retail natural gas business in 1928 and is no longer engaged in the natural gas distribution business. OGE Energy exited its former midstream business in 2022 as a result of selling all equity securities of Energy Transfer that were previously held by OGE Energy.

Last close 48.41 2026-10-23
Market cap $9.99B 2026-03-31 share count
52-week range 41.70 - 50.59

Valuation FY2025 figures against the last close

P/S3.1x
P/E20.9x
P/FCF120.8x
EV/EBITDA11.3x
Dividend yield3.4%
Diluted EPS2.32

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.19B$2.92B$2.61B$3.30B$3.59B$2.07B$2.18B$2.21B$0$0
Cost of revenue $1.26B$1.08B$911.7M$1.66B$2.13B$644.6M$786.9M$892.5M$897.6M$880.1M
Gross profit $1.93B$1.84B$1.70B$1.64B$1.46B$1.43B$1.39B$1.32B-$897.6M-$880.1M
SG&A ——$148.3M$135.5M$139.3M—————
Total operating expenses $1.20B$1.16B$1.11B$1.06B$981.9M$955.5M$940.4M$888.2M$831.6M$848.3M
Operating income $799.4M$745.3M$650.2M$649.5M$544.2M$522.2M$504.3M$489.6M$531.9M$530.8M
Interest expense $270.3M$254.5M$221.4M$166.3M$158.3M$158.5M$147.9M$156.0M$143.8M$142.1M
Pre-tax income $560.5M$520.6M$473.0M$789.3M$878.5M-$301.1M$463.4M$497.7M$569.7M$486.3M
Income tax $89.8M$79.1M$56.2M$123.6M$141.2M$127.4M$29.8M$72.2M$49.3M$148.1M
Net income $470.7M$441.5M$416.8M$665.7M$737.3M-$173.7M$433.6M$425.5M$619.0M$338.2M
EPS, basic 2.332.202.083.333.68-0.872.172.133.101.69
EPS, diluted 2.322.192.073.323.68-0.872.162.123.101.69
Shares, diluted (wtd. avg.) 202.5M201.3M200.9M200.8M200.3M200.1M200.7M200.5M200.0M199.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $200.0K$600.0K$200.0K$88.1M$0$1.1M$0$94.3M$14.4M$300.0K
Receivables $347.8M$240.6M$208.8M$250.1M$162.3M$157.8M$153.8M$174.7M$190.6M$173.0M
Inventory $112.0M$148.3M$158.5M$108.8M$40.6M$36.5M$46.3M$57.6M$84.3M$79.8M
Total current assets $857.9M$895.1M$771.5M$1.34B$613.6M$428.5M$430.2M$557.3M$497.0M$549.5M
Property, plant and equipment $12.73B$12.09B$11.30B$10.55B$9.83B$9.37B$9.04B$8.64B$8.34B$7.70B
Total assets $14.37B$13.72B$12.79B$12.54B$12.61B$10.72B$11.02B$10.75B$10.41B$9.94B
Accounts payable $350.6M$305.7M$276.4M$448.9M$274.0M$251.5M$194.9M$239.3M$230.4M$205.4M
Short-term debt $0$32.4M$0$999.9M$0$0$0$250.0M$249.8M$224.7M
Total current liabilities $1.09B$1.23B$1.18B$1.80B$1.09B$697.4M$657.9M$869.4M$950.5M$1.03B
Long-term debt $5.37B$5.02B$4.34B$3.55B$4.50B$3.49B$3.20B$2.90B$2.75B$2.41B
Total liabilities $9.39B$9.08B$8.28B$8.13B$8.55B$7.09B$6.88B$6.74B$6.56B$6.50B
Retained earnings $3.60B$3.48B$3.37B$3.29B$2.96B$2.54B$3.04B$2.91B$2.76B$2.37B
Total equity $4.98B$4.64B$4.51B$4.41B$4.06B$3.63B$4.14B$4.01B$3.85B$3.44B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.14B$812.8M$1.23B$952.4M-$229.9M$712.8M$681.5M$951.1M$784.5M$644.7M
Depreciation and amortisation $559.8M$539.5M$506.6M$460.9M$416.0M$391.3M$355.0M$321.6M$283.5M$322.6M
Stock-based compensation $14.0M$11.7M$13.1M$9.7M$9.8M$9.8M$13.9M$13.4M$9.1M$4.7M
Capital expenditure $1.05B$1.09B$1.18B$1.05B$778.5M$650.5M$635.5M$573.6M$824.1M$660.1M
Investing cash flow -$1.13B-$1.16B-$1.27B-$96.4M-$832.5M-$654.9M-$624.7M-$576.0M-$821.9M-$620.4M
Financing cash flow -$10.9M$348.8M-$48.1M-$767.9M$1.06B-$56.8M-$151.1M-$295.2M$51.5M-$99.2M
Dividends paid $341.9M$338.5M$333.2M$329.3M$324.9M$314.9M$299.2M$272.2M$247.6M$225.1M
Buybacks —————$14.7M————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-055414.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B 0 2B 4B Revenue, FY2016: 0 Gross profit, FY2016: -880.1M Net income, FY2016: 338.2M Revenue, FY2017: 0 Gross profit, FY2017: -897.6M Net income, FY2017: 619M Revenue, FY2018: 2.2B Gross profit, FY2018: 1.3B Net income, FY2018: 425.5M Revenue, FY2019: 2.2B Gross profit, FY2019: 1.4B Net income, FY2019: 433.6M Revenue, FY2020: 2.1B Gross profit, FY2020: 1.4B Net income, FY2020: -173.7M Revenue, FY2021: 3.6B Gross profit, FY2021: 1.5B Net income, FY2021: 737.3M Revenue, FY2022: 3.3B Gross profit, FY2022: 1.6B Net income, FY2022: 665.7M Revenue, FY2023: 2.6B Gross profit, FY2023: 1.7B Net income, FY2023: 416.8M Revenue, FY2024: 2.9B Gross profit, FY2024: 1.8B Net income, FY2024: 441.5M Revenue, FY2025: 3.2B Gross profit, FY2025: 1.9B Net income, FY2025: 470.7M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $0 $0 $2.21B $2.18B $2.07B $3.59B $3.30B $2.61B $2.92B $3.19B
Gross profit -$880.1M -$897.6M $1.32B $1.39B $1.43B $1.46B $1.64B $1.70B $1.84B $1.93B
Net income $338.2M $619.0M $425.5M $433.6M -$173.7M $737.3M $665.7M $416.8M $441.5M $470.7M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Other event Item 8.01
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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