OGE Energy Corporation (OGE)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	441,500	416,800	665,700	737,300	-173,700
Revenue	US$ in thousands	2,985,300	2,674,300	3,375,700	3,653,700	2,122,300
Net profit margin		14.79%	15.59%	19.72%	20.18%	-8.18%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $441,500K ÷ $2,985,300K
= 14.79%

The net profit margin of OGE Energy Corporation has shown fluctuating trends over the past five years. In December 2020, the net profit margin was negative at -8.18%, indicating that the company experienced a net loss relative to its revenue. However, there was a significant turnaround in December 2021, with the net profit margin increasing to 20.18%, reflecting strong profitability and efficient cost management.

Subsequently, in December 2022 and 2023, the net profit margin remained relatively stable at 19.72% and 15.59%, respectively. This suggests that OGE Energy Corporation was able to maintain a healthy level of profitability during these years despite experiencing a slight decrease in 2023.

However, in December 2024, there was a further decline in the net profit margin to 14.79%. While still positive, this indicates a decrease in profitability compared to the previous year. It would be essential for the company to assess the factors contributing to this decline and implement strategies to improve profitability moving forward.

Overall, the fluctuating net profit margin of OGE Energy Corporation reflects the dynamic nature of its financial performance and underscores the importance of ongoing monitoring and strategic decision-making to sustain and enhance profitability in the future.