OGE Energy Corp (OGE) Financial Statements (2025 and earlier)

Company Profile

Business Address 321 N HARVEY
OKLAHOMA CITY, OK 73101-0321
State of Incorp. OK
Fiscal Year End December 31
Industry (SIC) 4911 - Electric Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2025
MRQ
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10887851 
Cash and cash equivalent1088 1 
Short-term investments    785  
Receivables315300345230234229
Inventory, net of allowances, customer advances and progress billings148159109413746
Inventory148159109413746
Deferred costs1153515152342
Regulatory asset1247  2049
Other current assets8959104734124
Other undisclosed current assets103245181(667)9439
Total current assets:8957721,341614429430
Noncurrent Assets
Operating lease, right-of-use asset    33  
Property, plant and equipment12,08711,30110,5479,8339,3759,045
Long-term investments and receivables1241141061204841,234
Long-term investments1241141061204841,234
Regulated entity, other noncurrent assets    24  
Other noncurrent assets6106045511,255432315
Other undisclosed noncurrent assets    728  
Total noncurrent assets:12,82112,01911,20411,99310,29010,594
TOTAL ASSETS:13,71612,79112,54512,60610,71911,024
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities566512664488459393
Interest and dividends payable123121116
Taxes payable535642
Employee-related liabilities383141
Accounts payable306276449274252195
Accrued liabilities260236215   
Deferred revenue11110489   
Debt5024991,00048795112
Regulatory liability    33529
Customer refund liability921  295
Other liabilities424450343465
Other undisclosed current liabilities    794654
Total current liabilities:1,2301,1791,8021,090697658
Noncurrent Liabilities
Long-term debt and lease obligation5,0214,3413,5494,4963,4943,195
Long-term debt, excluding current maturities5,0214,3413,5494,4963,4943,195
Liabilities, other than long-term debt, including:2,8242,7592,7802,9642,8953,032
Accumulated deferred investment tax credit11111213117
Deferred income tax liabilities1,3711,3011,234   
Liability, pension and other postretirement and postemployment benefits171173177160231225
Accrued environmental loss contingencies    262519
Regulatory liability1,0161,0621,1471,2311,1891,224
Other liabilities255213211227195200
Other undisclosed liabilities, other than long-term debt    1,3081,2441,357
Total noncurrent liabilities:7,8457,1006,3297,4616,3906,227
Total liabilities:9,0758,2798,1318,5507,0876,885
Temporary equity, including noncontrolling interest    785  
Equity
Equity, attributable to parent4,6414,5124,4134,0563,6324,140
Common stock 222222
Treasury stock, value   (0)(0)(5) 
Additional paid in capital 1,1661,1431,1331,1241,1231,129
Accumulated other comprehensive loss(3)(7)(12)(25)(32)(28)
Retained earnings3,4763,3743,2912,9552,5453,036
Other undisclosed equity, attributable to parent      
Total equity:4,6414,5124,4134,0563,6324,140
Other undisclosed liabilities and equity    (785)  
TOTAL LIABILITIES AND EQUITY:13,71612,79112,54512,60610,71911,024

Income Statement (P&L) ($ in millions)

3/31/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues2,9852,6743,3763,6542,1222,232
Cost of revenue
(Cost of Product and Service Sold)
(1,076)(912)(1,662)(2,128)(645)(787)
Gross profit:1,9091,7631,7131,5261,4781,445
Operating expenses(1,164)(1,112)(1,064)(982)(956)(940)
Operating income:745650650544522504
Nonoperating income (expense)3044306493(665)107
Public utilities, allowance for funds used during construction, capitalized cost of equity26197755
Other nonoperating expense      
Interest and debt expense (221)(166)(158)(159)(148)
Income (loss) from continuing operations before equity method investments, income taxes:775473789879(301)463
Other undisclosed loss from continuing operations before income taxes(255)     
Income (loss) from continuing operations before income taxes:521473789879(301)463
Income tax expense (benefit)(79)(56)(124)(141)127(30)
Income (loss) from continuing operations:442417666737(174)434
Income (loss) before gain (loss) on sale of properties:737(174)434
Net income (loss) available to common stockholders, diluted:442417666737(174)434

Comprehensive Income ($ in millions)

3/31/2025
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):442417666737(174)434
Other comprehensive income (loss)55137(4)1
Other undisclosed comprehensive income      
Comprehensive income (loss):446422679745(178)435
Comprehensive income (loss), net of tax, attributable to noncontrolling interest    1(1)(1)
Other undisclosed comprehensive loss, net of tax, attributable to parent      
Comprehensive income (loss), net of tax, attributable to parent:446422679746(179)434

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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