OGE Energy Corporation (OGE)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 41.77% | 40.47% | 41.06% | 40.76% | 41.39% | 40.59% | 36.35% | 34.29% | 33.79% | 34.58% | 37.80% | 40.07% | 27.55% | 28.59% | 29.00% | 29.47% | 83.74% | 96.68% | 95.98% | 94.93% |
| 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% |
| 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% |
| 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% |
Based on the provided data, the profitability ratios of OGE Energy Corporation show some fluctuations over the quarters analyzed.
1. Gross Profit Margin: OGE Energy Corporation's gross profit margin has been declining gradually in recent quarters, starting at 94.93% in March 2020 and dropping to 41.77% by December 2024. This downward trend suggests a decrease in the profitability of the company's core business operations.
2. Operating Profit Margin: The operating profit margin also exhibited some variability during the period, with fluctuations between 14.89% in December 2021 and 24.97% in December 2024. This margin represents the efficiency of the company's operations in generating profits.
3. Pretax Margin: OGE Energy Corporation's pretax margin shows a shift from negative percentages in early 2020 to positive figures, reaching a peak of 44.01% in March 2022 before declining to 17.44% by December 2024. This margin reflects the company's ability to control operating costs and generate profits before taxes.
4. Net Profit Margin: The net profit margin, which indicates the percentage of revenue that translates into profit after all expenses have been deducted, experienced fluctuations as well. Starting at negative figures in 2020, it improved significantly to 36.90% in March 2022, but then gradually declined to 14.79% by December 2024.
In summary, OGE Energy Corporation's profitability ratios demonstrate mixed performance over the quarters analyzed, with declining trends in gross and net profit margins, variable operating profit margins, and fluctuations in pretax profitability. These trends suggest a changing financial landscape for the company, indicating potential challenges and opportunities in its operational efficiency and cost management strategies.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 3.22% | 2.88% | 3.11% | 3.07% | 3.26% | 3.29% | 3.49% | 3.32% | 5.31% | 7.42% | 7.20% | 7.36% | 5.85% | 3.88% | 3.34% | 3.15% | -1.62% | -1.84% | -1.15% | -1.02% |
| Return on total capital | 8.02% | 7.20% | 7.61% | 7.83% | 7.84% | 7.70% | 8.06% | 8.01% | 11.96% | 11.78% | 11.70% | 10.81% | 7.89% | 8.14% | 7.63% | 8.63% | -2.50% | -2.66% | -2.16% | -2.36% |
| Return on equity (ROE) | 9.51% | 8.40% | 9.18% | 8.93% | 9.24% | 9.23% | 10.04% | 9.71% | 15.08% | 21.05% | 21.71% | 22.62% | 18.18% | 12.40% | 10.93% | 10.28% | -4.78% | -5.27% | -3.36% | -2.96% |
OGE Energy Corporation's profitability ratios indicate a varying performance over the periods analyzed.
- Operating return on assets (Operating ROA) shows a gradual increase from 4.93% in March 2020 to 5.43% in December 2024, with some fluctuations in between. This ratio measures the efficiency of the company in generating operating profits from its assets.
- Return on assets (ROA) displays a volatile trend starting from negative values in 2020, then improving significantly to peak at 7.42% in September 2022, before declining to 2.88% in September 2024. ROA reflects the company's ability to generate profits from its total assets.
- Return on total capital depicts a similar pattern to ROA, with fluctuations over time. The ratio ranges from -2.66% in September 2020 to 11.96% in December 2022, before settling at 8.02% in December 2024. This ratio measures the profitability of the company's total capital, including debt and equity.
- Return on equity (ROE) demonstrates a noteworthy improvement from negative values in 2020 to a peak of 22.62% in March 2022, followed by some fluctuations but overall maintaining a positive trend. ROE indicates the return generated on shareholders' equity.
Overall, while OGE Energy Corporation has shown improvements in profitability ratios over the years, there are still fluctuations that suggest the company may need to focus on maintaining consistent profitability across all financial metrics.