OGE Energy Corporation (OGE)

Total asset turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	2,985,300	2,791,500	2,771,500	2,713,900	2,674,300	2,819,500	3,144,900	3,343,600	3,375,700	3,245,100	2,838,700	2,612,400	3,653,700	3,557,800	3,395,500	3,321,600	2,122,300	2,109,400	2,162,700	2,172,900
Total assets	US$ in thousands	13,716,000	13,475,800	13,211,800	12,918,000	12,790,700	12,743,200	12,604,600	12,790,300	12,544,700	12,604,000	12,838,000	13,093,600	12,606,400	12,177,500	11,899,500	11,788,700	10,718,800	10,497,600	10,439,100	10,370,900
Total asset turnover		0.22	0.21	0.21	0.21	0.21	0.22	0.25	0.26	0.27	0.26	0.22	0.20	0.29	0.29	0.29	0.28	0.20	0.20	0.21	0.21

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,985,300K ÷ $13,716,000K
= 0.22

The total asset turnover ratio of OGE Energy Corporation has displayed a relatively stable performance over the past few years, remaining within a range of 0.20 to 0.29. This ratio indicates how efficiently the company is utilizing its assets to generate revenue.

During the last reported period, the total asset turnover was 0.22, which suggests that for every $1 of total assets owned by OGE Energy Corporation, the company generated $0.22 in revenue.

It is worth noting that there was a slight increase in the total asset turnover from March 31, 2023, to June 30, 2023, reaching 0.25. However, the ratio decreased in the following quarters, settling at 0.22 as of September 30, 2024, which is closer to the lower end of the range observed.

Overall, the total asset turnover ratio for OGE Energy Corporation indicates a consistent but moderate efficiency in utilizing its assets to generate revenue over the analyzed period.