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OGE Energy OGE Electrics Company — Equity Method Investments

Discontinued — last reported Q4 '20

Similar metrics at other companies

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DTEElectric — Equity Method Investments
$4M-20.0%
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DTEOperating Segments — Equity Method Investments
$1.07B+42.7%
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DTEElectric — Investments in equity method investees
$5M-16.7%
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NRGOperating Segments — Equity Method Investments
$1.04B-7.3%
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DTEOther Segments — Investments in equity method investees
$177M0.0%
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DTEPower and Industrial Projects — Investments in equity method investees
$125M-3.8%

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
Debt / equity1.2×-0.1×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by OGE Energy in its filing.

Tagged under the XBRL concept us-gaap:EquityMethodInvestments.

The official record: OGE Energy’s 10-K, filed February 23, 2023, on SEC EDGAR. View the filing →

Questions, answered.

What does electrics company — equity method investments mean?
The total book value of the segment's partial ownership stakes in other companies.
How do you interpret electrics company — equity method investments?
An increase suggests new strategic investments, while a decrease indicates divestment or impairment of existing partnership stakes.
How does electrics company — equity method investments compare across companies?
Standard balance sheet item for 'Investments in Equity Method Affiliates'.