OGE Historical Income Statement
OGE Stock | USD 43.81 0.70 1.62% |
Historical analysis of OGE Energy income statement accounts such as Operating Income of 496.4 M can show how well OGE Energy performed in making a profits. Evaluating OGE Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of OGE Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining OGE Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether OGE Energy is a good buy for the upcoming year.
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About OGE Income Statement Analysis
OGE Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to OGE Energy shareholders. The income statement also shows OGE investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
OGE Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts OGE Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of OGE Energy minus its cost of goods sold. It is profit before OGE Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of OGE Energy. It is also known as OGE Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from OGE Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into OGE Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.At present, OGE Energy's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 2.7 B, whereas Operating Income is forecasted to decline to about 496.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 1.3B | 1.0B | Total Revenue | 3.7B | 3.4B | 2.7B | 2.8B |
OGE Energy income statement Correlations
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OGE Energy Account Relationship Matchups
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OGE Energy income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 167.7M | 150.7M | 160.4M | 166.3M | 228.5M | 239.9M | |
Total Revenue | 2.2B | 2.1B | 3.7B | 3.4B | 2.7B | 2.8B | |
Gross Profit | 952.9M | 1.0B | 1.1B | 1.2B | 1.3B | 1.0B | |
Operating Income | 504.3M | (145.5M) | 1.0B | 948.7M | 650.2M | 496.4M | |
Ebit | 609.6M | (142.6M) | 1.0B | 955.6M | 694.4M | 516.2M | |
Ebitda | 964.6M | 248.7M | 1.5B | 1.4B | 1.2B | 927.3M | |
Net Income | 433.6M | (173.7M) | 737.3M | 665.7M | 416.8M | 261.6M | |
Income Tax Expense | 29.8M | (127.4M) | 141.2M | 123.6M | 56.2M | 42.3M | |
Depreciation And Amortization | 355M | 391.3M | 416M | 460.9M | 506.6M | 282.9M | |
Other Operating Expenses | 1.7B | 1.6B | 3.1B | 2.7B | 2.0B | 2.7B | |
Cost Of Revenue | 1.3B | 1.1B | 2.6B | 2.2B | 1.4B | 2.1B | |
Total Operating Expenses | 445.8M | 490.8M | 515.3M | 562.4M | 609.8M | 686.2M | |
Income Before Tax | 463.4M | (301.1M) | 878.5M | 789.3M | 473M | 394.3M | |
Total Other Income Expense Net | (40.9M) | (823.3M) | 334.3M | 139.8M | (177.2M) | (168.3M) | |
Net Income Applicable To Common Shares | 433.6M | (173.7M) | 737.3M | 665.7M | 765.6M | 803.8M | |
Selling General Administrative | 9.8M | 564.2M | 565.9M | 602.9M | 542.6M | 361.1M | |
Net Income From Continuing Ops | 433.6M | (173.7M) | 737.3M | 665.7M | 418.9M | 438.0M | |
Non Operating Income Net Other | 107M | (664.8M) | 492.6M | 306.1M | 352.0M | 369.6M | |
Tax Provision | 29.8M | (127.4M) | 141.2M | 123.6M | 63.7M | 44.4M | |
Interest Income | 34M | 826.5M | 2.9M | 115.8M | 133.2M | 160.7M | |
Net Interest Income | (147.9M) | (158.5M) | (158.3M) | (166.3M) | (208.5M) | (218.9M) | |
Reconciled Depreciation | 355M | 391.3M | 416M | 460.9M | 497.3M | 428.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether OGE Energy is a strong investment it is important to analyze OGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OGE Energy's future performance. For an informed investment choice regarding OGE Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OGE Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OGE Energy. If investors know OGE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OGE Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.676 | Earnings Share 1.93 | Revenue Per Share 13.916 | Quarterly Revenue Growth 0.021 |
The market value of OGE Energy is measured differently than its book value, which is the value of OGE that is recorded on the company's balance sheet. Investors also form their own opinion of OGE Energy's value that differs from its market value or its book value, called intrinsic value, which is OGE Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OGE Energy's market value can be influenced by many factors that don't directly affect OGE Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if OGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OGE Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.