# OGE Energy Corp (OGE) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Utilities / Electric Utilities. Price $49.11, market value $10.2 billion.

## Valuation
- **P/E (trailing): 19.0×** (5-yr avg 13.9×, 3-yr avg 16.9×). OGE Energy Corp trades at 19.0× trailing earnings, well above its own five-year average of 13.9×: investors are paying up relative to the company's past. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 18.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 3.16**. A PEG of 3.16 means the P/E is high relative to expected earnings growth; the price already assumes a lot.
- **Price / sales: 3.0×**. Each dollar of revenue is priced at 3.0×.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 10.6×**. Enterprise value is 10.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 2.1%** (5-yr avg -3.8%). Free cash flow equals 2.1% of the market value, above its five-year average of -3.8%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 5.3%**. The inverse of the P/E: 5.3% of the price is earned each year.

## Profitability
- **Operating margin: 26.1%**. 26.1% of revenue is left after running the business, an exceptional level.
- **Net margin: 14.8%**. 14.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.5%**. 9.5% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 6.7%**. Return on all capital, debt included, is 6.7%.
- **Return on assets: 3.8%**. Each dollar of assets produces 3.8% of profit.

## Growth
- **Revenue growth (1 yr): 9.4%** (3-yr -1.2%/yr, 5-yr 9.0%/yr). Revenue grew 9.4% over the last year, against 9.0% a year compounded over five years.
- **EPS growth (1 yr): 5.9%** (3-yr -11.3%/yr). Earnings per share rose 5.9%, roughly in step with revenue.

## Financial health
- **Debt to equity: 1.08**. Debt is 1.08 times equity, a leveraged balance sheet, which is normal for utilities.
- **Net debt / EBITDA: 3.7×**. It would take 3.7 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 0.78** (quick 0.78). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 1.52**. A Z-score of 1.52 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.49%** ($1.70 per share, trailing). OGE Energy Corp yields 3.49%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 73%** (167% of free cash flow). 73% of earnings goes out as dividends, leaving a thin cushion.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 1.5%/yr** (1-yr 0.8%). The dividend has grown 1.5% a year over five years.

## Analyst view
- **Analyst consensus: hold** (12 analysts). 12 analysts cover OGE Energy Corp; the consensus is hold, with an average price target of $50.33 (+2% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 16.9%** (YTD 20.8%, 3-mo 6.0%). The shares are up 16.9% over twelve months including dividends.
- **From 52-week high: -2.9%** (17.8% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 73**. An RSI of 73 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): -0.03** (volatility 17%). Beta of -0.03 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=OGE · Page: https://foliofundamentals.com/stocks/oge

Not investment advice.