OGE Energy Corporation (OGE)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 4,640,900 | 4,617,100 | 4,477,700 | 4,445,300 | 4,511,600 | 4,540,700 | 4,379,100 | 4,370,000 | 4,413,400 | 4,440,700 | 4,256,900 | 4,262,700 | 4,056,300 | 3,814,900 | 3,640,800 | 3,605,500 | 3,631,800 | 3,660,700 | 3,564,200 | 3,552,700 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $441,500K ÷ $4,640,900K
= 9.51%
The return on equity (ROE) of OGE Energy Corporation has shown a fluctuating trend over the analyzed periods. From March 31, 2020, to June 30, 2022, the ROE was negative, indicating that the company was not generating sufficient profits relative to its shareholders' equity during those periods. However, starting from March 31, 2021, there was a significant turnaround, with ROE turning positive and showing a steady increase up to December 31, 2022.
The ROE peaked at 22.62% on March 31, 2022, signifying that the company was efficiently utilizing its shareholders' equity to generate profits. Subsequently, there was a slight decline in ROE, hovering around the range of 8-10% from March 31, 2023, to June 30, 2024. The ROE improved again to 9.51% as of December 31, 2024.
Overall, the recent trend indicates a positive performance in terms of ROE, demonstrating that OGE Energy Corporation has been effectively leveraging its equity to generate returns for its shareholders. It is essential for the company to sustain this positive momentum and continue optimizing its capital structure and operational efficiency to enhance shareholder value in the future.
Peer comparison
Dec 31, 2024