OGE Energy Corporation (OGE)
Operating return on assets (Operating ROA)
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 |
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 |
Operating ROA | 5.43% | 4.89% | 5.13% | 5.01% | 5.08% | 5.07% | 5.02% | 5.03% | 5.18% | 5.07% | 4.72% | 4.42% | 4.32% | 4.48% | 4.36% | 4.36% | 4.87% | 4.86% | 5.04% | 4.93% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $745,300K ÷ $13,716,000K
= 5.43%
Operating return on assets (Operating ROA) is a key financial ratio that measures a company's ability to generate operating income from its assets. For OGE Energy Corporation, the Operating ROA fluctuated over the reporting periods provided.
The trend in OGE Energy Corporation's Operating ROA from March 31, 2020 to December 31, 2024 shows some variation, with the ratio ranging from 4.32% to 5.43%. The highest Operating ROA was observed on December 31, 2024, at 5.43%, indicating that the company generated operating income equivalent to approximately 5.43% of its total assets during that period.
Overall, the Operating ROA for OGE Energy Corporation generally remained above 4% throughout the reporting periods, suggesting a reasonable level of efficiency in utilizing its assets to generate operating income. It is important for stakeholders to monitor this ratio over time to assess the company's operational performance and asset management effectiveness.
Peer comparison
Dec 31, 2024