OGE Energy Corporation (OGE)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	520,600	445,800	466,400	448,100	473,000	482,600	516,700	499,800	789,300	1,138,900	1,113,100	1,149,800	878,500	553,500	498,100	488,600	-301,100	-340,700	-302,200	-304,300
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
Pretax margin		17.44%	15.97%	16.83%	16.51%	17.69%	17.12%	16.43%	14.95%	23.38%	35.10%	39.21%	44.01%	24.04%	15.56%	14.67%	14.71%	-14.19%	-16.15%	-13.97%	-14.00%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $520,600K ÷ $2,985,300K
= 17.44%

OGE Energy Corporation's pretax margin has shown variability over the analyzed periods. The company experienced negative pretax margins from March 31, 2020, to December 31, 2021, reflecting challenges in generating profits before accounting for taxes. However, from March 31, 2022, the pretax margin started to improve significantly, reaching a peak of 44.01% on that date. Subsequently, the pretax margin fluctuated, but generally remained positive from 2022 to 2024, indicating improved profitability.

It is essential for investors and stakeholders to monitor OGE Energy Corporation's pretax margin trends for a deeper understanding of the company's operational efficiency and financial health. Further analysis, in conjunction with other financial metrics, can provide a comprehensive assessment of the company's performance and prospects.