OGE Energy (OGE) financial statements
OGE Energy reported revenue of $3.2B in fiscal 2025, up 5.4% a year over 7 years.
Net income was $471M.
Free cash flow was $83M, and the company returned $342M in dividends.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from OGE Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $2.2B | $2.2B | $2.1B | $3.6B | $3.3B | $2.6B | $2.9B | $3.2B |
| Cost of revenue | $880M | $898M | $892M | $787M | $645M | $2.1B | $1.7B | $912M | $1.1B | $1.3B |
| Gross profit | -$880M | -$898M | $1.3B | $1.4B | $1.4B | $1.5B | $1.6B | $1.7B | $1.8B | $1.9B |
| Selling, general and admin | — | — | — | — | — | $139M | $136M | $148M | — | — |
| Operating income | $531M | $532M | $490M | $504M | $522M | $544M | $650M | $650M | $745M | $799M |
| Interest expense | $142M | $144M | $156M | $148M | $158M | $158M | $166M | $221M | $254M | $270M |
| Pre-tax income | $486M | $570M | $498M | $463M | -$301M | $878M | $789M | $473M | $521M | $560M |
| Income tax | $148M | -$49M | $72M | $30M | -$127M | $141M | $124M | $56M | $79M | $90M |
| Net income | $338M | $619M | $426M | $434M | -$174M | $737M | $666M | $417M | $442M | $471M |
| EPS (diluted) | $1.69 | $3.10 | $2.12 | $2.16 | -$0.87 | $3.68 | $3.32 | $2.07 | $2.19 | $2.32 |
| Diluted shares | 200M | 200M | 200M | 201M | 200M | 200M | 201M | 201M | 201M | 202M |
| Gross margin | — | — | 59.6% | 63.8% | 68.9% | 40.7% | 49.7% | 65.0% | 63.1% | 60.5% |
| Operating margin | — | — | 22.1% | 23.2% | 25.2% | 15.2% | 19.7% | 24.9% | 25.6% | 25.1% |
| Net margin | — | — | 19.2% | 19.9% | -8.4% | 20.5% | 20.1% | 16.0% | 15.1% | 14.8% |
Balance sheet
Fiscal years, from OGE Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $300,000 | $14M | $94M | $0 | $1M | $0 | $88M | $200,000 | $600,000 | $200,000 |
| Receivables | $173M | $191M | $175M | $154M | $158M | $162M | $250M | $209M | $241M | $348M |
| Inventory | $80M | $84M | $58M | $46M | $36M | $41M | $109M | $158M | $148M | $112M |
| Total current assets | $550M | $497M | $557M | $430M | $428M | $614M | $1.3B | $772M | $895M | $858M |
| Property, plant and equipment | $7.7B | $8.3B | $8.6B | $9.0B | $9.4B | $9.8B | $10.5B | $11.3B | $12.1B | $12.7B |
| Total assets | $9.9B | $10.4B | $10.7B | $11.0B | $10.7B | $12.6B | $12.5B | $12.8B | $13.7B | $14.4B |
| Total current liabilities | $1.0B | $950M | $869M | $658M | $697M | $1.1B | $1.8B | $1.2B | $1.2B | $1.1B |
| Long-term debt | $2.4B | $2.7B | $2.9B | $3.2B | $3.5B | $4.5B | $3.5B | $4.3B | $5.0B | $5.4B |
| Total liabilities | $6.5B | $6.6B | $6.7B | $6.9B | $7.1B | $8.6B | $8.1B | $8.3B | $9.1B | $9.4B |
| Shareholders' equity | $3.4B | $3.9B | $4.0B | $4.1B | $3.6B | $4.1B | $4.4B | $4.5B | $4.6B | $5.0B |
| Net debt | $2.6B | $3.0B | $3.1B | $3.2B | $3.5B | $4.5B | $4.5B | $4.3B | $5.1B | $5.4B |
Cash flow
Fiscal years, from OGE Energy's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $645M | $784M | $951M | $682M | $713M | -$230M | $952M | $1.2B | $813M | $1.1B |
| Capital spending | $660M | $824M | $574M | $636M | $650M | $778M | $1.1B | $1.2B | $1.1B | $1.1B |
| Free cash flow | -$15M | -$40M | $378M | $46M | $62M | -$1.0B | -$98M | $54M | -$278M | $83M |
| Stock-based compensation | $5M | $9M | $13M | $14M | $10M | $10M | $10M | $13M | $12M | $14M |
| Dividends paid | $225M | $248M | $272M | $299M | $315M | $325M | $329M | $333M | $338M | $342M |
| Net borrowing | $126M | $299M | -$22M | $158M | $280M | $1.4B | -$438M | $287M | $676M | $134M |
| Free cash flow margin | — | — | 17.1% | 2.1% | 3.0% | -28.1% | -3.0% | 2.1% | -9.5% | 2.6% |
| Dividends per share | $1.13 | $1.24 | $1.36 | $1.49 | $1.57 | $1.62 | $1.64 | $1.66 | $1.68 | $1.69 |
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Open OGE in InvestinglyQuestions
What was OGE Energy's revenue in 2025?
$3.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does OGE Energy generate?
$83M in fiscal 2025 (operating cash flow minus capital spending).
From OGE Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.