Company / Operating Margin
OGE Energy Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
24.5%
FY2025
5-year range
14.9% / 25.0%
FY2021-FY2025
Trend
-1.8%
vs FY2024
Sector context
#21 of 61
Utilities
What the data says
At 24.5%, OGE Energy's operating margin ranks #21 of 61 in the Utilities sector. Operating Margin has fluctuated over the past 10 years, ranging from 14.9% in FY2023 to 25.0% in FY2024.
Based on SEC 10-K filings.
24.5% in FY2025 with a 5-year CAGR of +2.9%.
Improved from 14.9% to 24.5% over the past 2 years.
Utilities sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -0.1pp
- 5-Year Change
- +2.9pp
- 10-Year Change
- -
Sector benchmark
#21 of 61 in UtilitiesTop 34% of 61This company 24.5% Sector average 21.7%
▼
+13.2% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 1.8% year-over-year.
- Currently 2.9pp above the Utilities sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.82 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 24.5% | -1.8% |
| FY2024 | 25.0% | +67.7% |
| FY2023 | 14.9% | -39.5% |
| FY2022 | 24.6% | +8.9% |
| FY2021 | 22.6% | +4.8% |
| FY2020 | 21.6% | -8.3% |
| FY2019 | 23.5% | +0.1% |
| FY2018 | 23.5% | -0.1% |
| FY2017 | 23.5% | +0.1% |
| FY2016 | 23.5% | +7.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026