OGE Energy Corporation (OGE)

Return on equity (ROE)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	441,500	416,800	665,700	737,300	-173,700
Total stockholders’ equity	US$ in thousands	4,640,900	4,511,600	4,413,400	4,056,300	3,631,800
ROE		9.51%	9.24%	15.08%	18.18%	-4.78%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $441,500K ÷ $4,640,900K
= 9.51%

Based on the data provided, OGE Energy Corporation's return on equity (ROE) has displayed significant fluctuations over the five-year period from 2020 to 2024.

In 2020, the ROE was negative at -4.78%, indicating that the company had a net loss for that year relative to its equity. However, this turned around in 2021, with the ROE jumping to a strong 18.18%, signifying a notable improvement in profitability and efficient utilization of shareholder equity.

Subsequently, in 2022 and 2023, the ROE remained above 10%, showing continued profitability, although there was a slight decrease from the peak in 2021. By 2024, the ROE stood at 9.51%, lower than the previous two years but still in the single-digit positive range.

Overall, OGE Energy Corporation's ROE trajectory indicates a mix of performance over the five-year period, with the company experiencing both fluctuations and periods of stability in terms of generating returns for its shareholders relative to the equity invested in the business. It would be important for stakeholders to closely monitor the company's ongoing financial performance to assess the sustainability of its profitability levels.