OGE Energy Corporation (OGE)

Operating 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
Operating income (ttm) US$ in thousands 745,300 659,300 677,200 647,700 650,200 645,900 632,700 642,900 649,500 638,900 605,800 578,700 544,200 545,400 518,600 514,500 522,200 510,000 526,300 510,900
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
Operating profit margin 24.97% 23.62% 24.43% 23.87% 24.31% 22.91% 20.12% 19.23% 19.24% 19.69% 21.34% 22.15% 14.89% 15.33% 15.27% 15.49% 24.61% 24.18% 24.34% 23.51%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $745,300K ÷ $2,985,300K
= 24.97%

The operating profit margin of OGE Energy Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024.

Starting at 23.51% in March 2020, the operating profit margin increased steadily to reach a peak of 24.97% by December 2024. However, there were periods of decline and volatility in between these dates. Notably, there was a significant drop in the operating profit margin from March 2021 to December 2021, decreasing from 15.49% to 14.89%.

Following the dip, there was a gradual recovery in the operating profit margin, with fluctuations along the way. From March 31, 2022, to September 30, 2023, the operating profit margin ranged between 19.24% and 22.91%. The margin started to pick up consistently after that, exceeding 24% from March 31, 2024.

Overall, the operating profit margin reflects OGE Energy Corporation's ability to generate operating profits from its core business activities relative to its revenue. The upward trend in the latter part of the period indicates improved operational efficiency and profitability, showcasing the company's ability to control costs and maximize earnings from its operations.