OGE ENERGY CORP (OGE) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:OGE • US6708371033

43.96 USD
-0.02 (-0.05%)
At close: Feb 6, 2026
43.96 USD
0 (0%)
After Hours: 2/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall OGE gets a fundamental rating of 4 out of 10. We evaluated OGE against 46 industry peers in the Electric Utilities industry. There are concerns on the financial health of OGE while its profitability can be described as average. While showing a medium growth rate, OGE is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • OGE had positive earnings in the past year.
  • OGE had a positive operating cash flow in the past year.
  • Of the past 5 years OGE 4 years were profitable.
  • Of the past 5 years OGE 4 years had a positive operating cash flow.
OGE Yearly Net Income VS EBIT VS OCF VS FCFOGE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B -1B

1.2 Ratios

  • OGE has a better Return On Assets (3.53%) than 78.26% of its industry peers.
  • OGE has a Return On Equity (10.49%) which is comparable to the rest of the industry.
  • The Return On Invested Capital of OGE (5.41%) is better than 84.78% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for OGE is in line with the industry average of 4.57%.
  • The last Return On Invested Capital (5.41%) for OGE is above the 3 year average (4.95%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.53%
ROE 10.49%
ROIC 5.41%
ROA(3y)3.93%
ROA(5y)3.2%
ROE(3y)11.28%
ROE(5y)9.45%
ROIC(3y)4.95%
ROIC(5y)4.65%
OGE Yearly ROA, ROE, ROICOGE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1.3 Margins

  • OGE has a Profit Margin of 15.28%. This is in the better half of the industry: OGE outperforms 60.87% of its industry peers.
  • In the last couple of years the Profit Margin of OGE has declined.
  • OGE has a Operating Margin of 25.60%. This is in the better half of the industry: OGE outperforms 69.57% of its industry peers.
  • In the last couple of years the Operating Margin of OGE has grown nicely.
  • The Gross Margin of OGE (61.34%) is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of OGE has remained more or less at the same level.
Industry RankSector Rank
OM 25.6%
PM (TTM) 15.28%
GM 61.34%
OM growth 3Y18.79%
OM growth 5Y2.01%
PM growth 3Y-9.84%
PM growth 5Y-5.31%
GM growth 3Y15.25%
GM growth 5Y-0.25%
OGE Yearly Profit, Operating, Gross MarginsOGE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OGE is destroying value.
  • Compared to 1 year ago, OGE has more shares outstanding
  • The number of shares outstanding for OGE has been increased compared to 5 years ago.
  • The debt/assets ratio for OGE is higher compared to a year ago.
OGE Yearly Shares OutstandingOGE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
OGE Yearly Total Debt VS Total AssetsOGE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

  • Based on the Altman-Z score of 1.35, we must say that OGE is in the distress zone and has some risk of bankruptcy.
  • OGE's Altman-Z score of 1.35 is amongst the best of the industry. OGE outperforms 80.43% of its industry peers.
  • OGE has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
  • OGE has a better Debt to Equity ratio (1.22) than 69.57% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.22
Debt/FCF N/A
Altman-Z 1.35
ROIC/WACC0.75
WACC7.19%
OGE Yearly LT Debt VS Equity VS FCFOGE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B

2.3 Liquidity

  • A Current Ratio of 0.80 indicates that OGE may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.80, OGE is in line with its industry, outperforming 54.35% of the companies in the same industry.
  • A Quick Ratio of 0.52 indicates that OGE may have some problems paying its short term obligations.
  • The Quick ratio of OGE (0.52) is worse than 76.09% of its industry peers.
Industry RankSector Rank
Current Ratio 0.8
Quick Ratio 0.52
OGE Yearly Current Assets VS Current LiabilitesOGE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 28.50% over the past year.
  • The Earnings Per Share has been growing slightly by 0.18% on average over the past years.
  • OGE shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.03%.
  • OGE shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.99% yearly.
EPS 1Y (TTM)28.5%
EPS 3Y-2.32%
EPS 5Y0.18%
EPS Q2Q%4.59%
Revenue 1Y (TTM)18.03%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%8.25%

3.2 Future

  • Based on estimates for the next years, OGE will show a small growth in Earnings Per Share. The EPS will grow by 6.73% on average per year.
  • OGE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.49% yearly.
EPS Next Y5.68%
EPS Next 2Y5.86%
EPS Next 3Y6.1%
EPS Next 5Y6.73%
Revenue Next Year10.05%
Revenue Next 2Y7.29%
Revenue Next 3Y6.11%
Revenue Next 5Y5.49%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
OGE Yearly Revenue VS EstimatesOGE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1B 2B 3B 4B
OGE Yearly EPS VS EstimatesOGE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3

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3

4. Valuation

4.1 Price/Earnings Ratio

  • OGE is valuated rather expensively with a Price/Earnings ratio of 17.73.
  • Compared to the rest of the industry, the Price/Earnings ratio of OGE is on the same level as its industry peers.
  • OGE is valuated rather cheaply when we compare the Price/Earnings ratio to 27.92, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 17.91, which indicates a rather expensive current valuation of OGE.
  • OGE's Price/Forward Earnings ratio is in line with the industry average.
  • When comparing the Price/Forward Earnings ratio of OGE to the average of the S&P500 Index (27.78), we can say OGE is valued slightly cheaper.
Industry RankSector Rank
PE 17.73
Fwd PE 17.91
OGE Price Earnings VS Forward Price EarningsOGE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OGE indicates a somewhat cheap valuation: OGE is cheaper than 63.04% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 10.46
OGE Per share dataOGE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The decent profitability rating of OGE may justify a higher PE ratio.
PEG (NY)3.12
PEG (5Y)96.52
EPS Next 2Y5.86%
EPS Next 3Y6.1%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.87%, OGE has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 2.90, OGE pays a better dividend. On top of this OGE pays more dividend than 80.43% of the companies listed in the same industry.
  • OGE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 3.87%

5.2 History

  • The dividend of OGE has a limited annual growth rate of 2.43%.
  • OGE has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.43%
Div Incr Years0
Div Non Decr Years0
OGE Yearly Dividends per shareOGE Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • OGE pays out 67.72% of its income as dividend. This is not a sustainable payout ratio.
  • OGE's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP67.72%
EPS Next 2Y5.86%
EPS Next 3Y6.1%
OGE Yearly Income VS Free CF VS DividendOGE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B
OGE Dividend Payout.OGE Dividend Payout, showing the Payout Ratio.OGE Dividend Payout.PayoutRetained Earnings

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OGE ENERGY CORP

NYSE:OGE (2/6/2026, 8:04:00 PM)

After market: 43.96 0 (0%)

43.96

-0.02 (-0.05%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryElectric Utilities
Earnings (Last)10-29
Earnings (Next)02-18
Inst Owners71.88%
Inst Owner Change-0.82%
Ins Owners0.42%
Ins Owner Change-1.48%
Market Cap9.26B
Revenue(TTM)3.29B
Net Income(TTM)503.40M
Analysts72
Price Target47.07 (7.07%)
Short Float %3.39%
Short Ratio4.65
Dividend
Industry RankSector Rank
Dividend Yield 3.87%
Yearly Dividend1.69
Dividend Growth(5Y)2.43%
DP67.72%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-05
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.14%
Min EPS beat(2)-1.16%
Max EPS beat(2)0.88%
EPS beat(4)3
Avg EPS beat(4)6.05%
Min EPS beat(4)-1.16%
Max EPS beat(4)23.62%
EPS beat(8)5
Avg EPS beat(8)3.32%
EPS beat(12)8
Avg EPS beat(12)88.63%
EPS beat(16)11
Avg EPS beat(16)96.21%
Revenue beat(2)1
Avg Revenue beat(2)-5.17%
Min Revenue beat(2)-12.33%
Max Revenue beat(2)1.98%
Revenue beat(4)3
Avg Revenue beat(4)-1.06%
Min Revenue beat(4)-12.33%
Max Revenue beat(4)5.82%
Revenue beat(8)3
Avg Revenue beat(8)-9.57%
Revenue beat(12)3
Avg Revenue beat(12)-13.18%
Revenue beat(16)5
Avg Revenue beat(16)-3.87%
PT rev (1m)-0.43%
PT rev (3m)-0.41%
EPS NQ rev (1m)5.16%
EPS NQ rev (3m)7.75%
EPS NY rev (1m)0.32%
EPS NY rev (3m)0.38%
Revenue NQ rev (1m)30.52%
Revenue NQ rev (3m)30.52%
Revenue NY rev (1m)-0.69%
Revenue NY rev (3m)-0.53%
Valuation
Industry RankSector Rank
PE 17.73
Fwd PE 17.91
P/S 2.81
P/FCF N/A
P/OCF 10.51
P/B 1.93
P/tB 1.93
EV/EBITDA 10.46
EPS(TTM)2.48
EY5.64%
EPS(NY)2.45
Fwd EY5.58%
FCF(TTM)-0.79
FCFYN/A
OCF(TTM)4.18
OCFY9.52%
SpS15.63
BVpS22.76
TBVpS22.76
PEG (NY)3.12
PEG (5Y)96.52
Graham Number35.64
Profitability
Industry RankSector Rank
ROA 3.53%
ROE 10.49%
ROCE 6.48%
ROIC 5.41%
ROICexc 5.41%
ROICexgc 5.41%
OM 25.6%
PM (TTM) 15.28%
GM 61.34%
FCFM N/A
ROA(3y)3.93%
ROA(5y)3.2%
ROE(3y)11.28%
ROE(5y)9.45%
ROIC(3y)4.95%
ROIC(5y)4.65%
ROICexc(3y)4.96%
ROICexc(5y)4.65%
ROICexgc(3y)4.96%
ROICexgc(5y)4.65%
ROCE(3y)5.87%
ROCE(5y)5.51%
ROICexgc growth 3Y8.26%
ROICexgc growth 5Y3.63%
ROICexc growth 3Y8.26%
ROICexc growth 5Y3.63%
OM growth 3Y18.79%
OM growth 5Y2.01%
PM growth 3Y-9.84%
PM growth 5Y-5.31%
GM growth 3Y15.25%
GM growth 5Y-0.25%
F-Score5
Asset Turnover0.23
Health
Industry RankSector Rank
Debt/Equity 1.22
Debt/FCF N/A
Debt/EBITDA 4.17
Cap/Depr 188.89%
Cap/Sales 31.85%
Interest Coverage 250
Cash Conversion 63.04%
Profit Quality N/A
Current Ratio 0.8
Quick Ratio 0.52
Altman-Z 1.35
F-Score5
WACC7.19%
ROIC/WACC0.75
Cap/Depr(3y)220.93%
Cap/Depr(5y)203.23%
Cap/Sales(3y)37.24%
Cap/Sales(5y)32.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)28.5%
EPS 3Y-2.32%
EPS 5Y0.18%
EPS Q2Q%4.59%
EPS Next Y5.68%
EPS Next 2Y5.86%
EPS Next 3Y6.1%
EPS Next 5Y6.73%
Revenue 1Y (TTM)18.03%
Revenue growth 3Y-6.51%
Revenue growth 5Y5.99%
Sales Q2Q%8.25%
Revenue Next Year10.05%
Revenue Next 2Y7.29%
Revenue Next 3Y6.11%
Revenue Next 5Y5.49%
EBIT growth 1Y27.92%
EBIT growth 3Y11.05%
EBIT growth 5Y8.13%
EBIT Next Year89.11%
EBIT Next 3Y28.99%
EBIT Next 5Y19.89%
FCF growth 1Y46.94%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.58%
OCF growth 3YN/A
OCF growth 5Y3.59%

OGE ENERGY CORP / OGE FAQ

Can you provide the ChartMill fundamental rating for OGE ENERGY CORP?

ChartMill assigns a fundamental rating of 4 / 10 to OGE.


What is the valuation status for OGE stock?

ChartMill assigns a valuation rating of 3 / 10 to OGE ENERGY CORP (OGE). This can be considered as Overvalued.


Can you provide the profitability details for OGE ENERGY CORP?

OGE ENERGY CORP (OGE) has a profitability rating of 6 / 10.


What is the financial health of OGE ENERGY CORP (OGE) stock?

The financial health rating of OGE ENERGY CORP (OGE) is 1 / 10.


Is the dividend of OGE ENERGY CORP sustainable?

The dividend rating of OGE ENERGY CORP (OGE) is 6 / 10 and the dividend payout ratio is 67.72%.