OGE Energy Corporation (OGE)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	433,600	452,900	407,100	417,600
Revenue (ttm)	US$ in thousands	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	2,231,600	2,270,900	2,214,300	2,267,600
Net profit margin		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%	19.43%	19.94%	18.39%	18.42%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $416,800K ÷ $2,674,300K
= 15.59%

Oge Energy Corp.'s net profit margin has displayed fluctuations over the past eight quarters. Starting from Q1 2022, where the net profit margin stood at 36.90%, there has been a continuous decline in the margin in subsequent quarters. The margin dropped to 32.56% in Q2 2022 and further decreased to 28.80% in Q3 2022. The trend of declining net profit margin continued into the next year, with margins of 19.72% in Q4 2022 and 12.70% in Q1 2023.

However, there was a slight improvement in the net profit margin in the next three quarters of 2023. The margin increased from 13.98% in Q2 2023 to 14.86% in Q3 2023 and ultimately reached 15.59% in Q4 2023. This improvement suggests a possible stabilization or recovery in profitability for Oge Energy Corp.

Overall, Oge Energy Corp.'s net profit margin analysis indicates a period of fluctuation and decline followed by a recent modest recovery. Further monitoring of the company's financial performance will be necessary to assess the sustainability and future trajectory of its profitability.