OGE Energy Corporation (OGE)
Net profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 441,500 | 387,800 | 411,000 | 397,100 | 416,800 | 418,900 | 439,800 | 424,500 | 665,700 | 934,600 | 924,300 | 964,100 | 737,300 | 472,900 | 397,800 | 370,800 | -173,700 | -193,100 | -119,600 | -105,300 |
| 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 |
| Net profit margin | 14.79% | 13.89% | 14.83% | 14.63% | 15.59% | 14.86% | 13.98% | 12.70% | 19.72% | 28.80% | 32.56% | 36.90% | 20.18% | 13.29% | 11.72% | 11.16% | -8.18% | -9.15% | -5.53% | -4.85% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $441,500K ÷ $2,985,300K
= 14.79%
The net profit margin of OGE Energy Corporation has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024.
Initially, the net profit margin was in negative territory, indicating that the company's expenses were exceeding its revenues. However, by March 31, 2021, there was a significant turnaround with a net profit margin of 11.16%, which continued to improve in the following quarters.
The company experienced a substantial increase in net profit margin by December 31, 2021, reaching 20.18%, showing improved profitability. The trend continued with peaks in the first half of 2022, with margins exceeding 30%.
From March 31, 2023, there was a slight decline in the net profit margin but remained above 10%, indicating that the company was still maintaining profitability.
Overall, the trend shows an improvement in profitability over the period under consideration, with some fluctuations. It is crucial for stakeholders to monitor this metric to assess the company's ability to generate profits relative to its revenue.
Peer comparison
Dec 31, 2024