OGE Energy Corporation (OGE)

Return on assets (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
Net income (ttm)	US$ in thousands	441,500	387,800	411,000	397,100	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
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
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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $441,500K ÷ $13,716,000K
= 3.22%

OGE Energy Corporation's return on assets (ROA) has shown a fluctuating trend based on the data provided. The ROA was negative in the first half of 2020, indicating that the company's assets were not generating sufficient returns during that period. However, starting from the first quarter of 2021, the ROA turned positive and showed a steady increase over the following quarters, reaching a peak of 7.42% in the third quarter of 2022.

Subsequently, there was a slight decline in the ROA in the fourth quarter of 2022, followed by a fluctuating pattern in the range of 3-5% over the next few quarters. Overall, the ROA for OGE Energy Corporation improved significantly from a negative position to consistently positive levels, indicating that the company's efficiency in generating profits from its assets has strengthened over the analyzed periods.