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OGE Energy OGE Debt-to-equity

Debt-to-equity at other companies

American Electric Power logo
American Electric PowerAEP
1.6×
EVR
EvergyEVRG
1.3×0.0×
Xcel Energy logo
Xcel EnergyXEL
1.6×0.0×
CMS
CMS EnergyCMS
0.0×
PNW
Pinnacle West CapitalPNW
2.1×+0.3×
PG&E logo
PG&EPCG
1.9×+0.1×

Other financials

Income statement

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Revenue$752.6M+0.7%
Gross profit$415.9M-1.8%
Operating income$113.1M-15.2%
Net income$50.2M-19.9%
EPS (diluted)$0.24-22.6%

Balance sheet

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Cash & equivalents$200.0K-99.3%
Total debt$5.9B-0.5%
Total equity$4.9B+7.0%
Total assets$14.5B+3.7%

Cash flow

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Operating cash flow$175.5M+1,004%
CapEx$266.8M+6.9%
Free cash flow-$91.3M+60.9%

Valuation

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Market cap$9.76B+7.0%
Enterprise value$15.62B+4.3%
P/E21.3×+2.5×
P/S+0.1×

Profitability

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Gross margin61%-1.7pp
Operating margin23.9%-1.8pp
Net margin14%-1.5pp
FCF margin-3.1%-11.7pp

Returns & leverage

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Return on equity9.6%-1.1pp
Current ratio0.7×-0.1×

Where this comes from

Calculated from OGE Energy’s reported figures.

Based on the most recent quarter.

The official record: OGE Energy’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is OGE Energy's debt-to-equity?
OGE Energy (OGE) reported debt-to-equity of 1.2× in Q1 2026.
How has OGE Energy's debt-to-equity changed year-over-year?
OGE Energy's debt-to-equity decreased by 7.0% year-over-year, from 1.3× to 1.2×.
What is the long-term trend for OGE Energy's debt-to-equity?
Over 5 years (2020 to 2025), OGE Energy's debt-to-equity has grown at a 2.6% compound annual growth rate (CAGR), from 1× to 1.1×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.