OGE Gross Profit vs Income Before Tax Analysis

OGE Stock

USD 43.81 0.70 1.62%

OGE Energy financial indicator trend analysis is much more than just breaking down OGE Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OGE Energy is a good investment. Please check the relationship between OGE Energy Gross Profit and its Income Before Tax accounts. 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.

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OGE Energy Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have almost no relationship.

The correlation between OGE Energy's Gross Profit and Income Before Tax is 0.12. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of OGE Energy, assuming nothing else is changed. The correlation between historical values of OGE Energy's Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of OGE Energy are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., OGE Energy's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on OGE Energy income statement and is an important metric when analyzing OGE Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from OGE Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.As of November 25, 2024, Selling General Administrative is expected to decline to about 361.1 M. In addition to that, Tax Provision is expected to decline to about 44.4 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

Gross Profit Total Revenue

OGE Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Common Stock Total Equity	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.87	0.69	0.78	0.45	0.8	0.81	-0.84	0.66	0.72	0.54	0.14	0.86	0.03	0.14	0.5	0.79	0.31	0.12	-0.03	0.87	0.4	0.19	0.97	0.98	0.5
Total Assets	0.87		0.93	0.58	0.58	0.95	0.98	-0.52	0.9	0.76	0.53	0.18	1.0	0.22	0.18	0.28	0.97	0.31	0.36	-0.09	0.99	0.48	0.39	0.9	0.92	0.51
Short Long Term Debt Total	0.69	0.93		0.36	0.65	0.85	0.94	-0.32	0.99	0.71	0.58	0.04	0.92	0.32	0.04	0.24	0.93	0.41	0.48	-0.3	0.95	0.54	0.51	0.72	0.76	0.58
Other Current Liab	0.78	0.58	0.36		0.36	0.46	0.54	-0.79	0.34	0.37	0.56	0.14	0.58	-0.44	0.14	0.56	0.49	0.19	-0.15	0.03	0.59	0.27	0.02	0.77	0.77	0.3
Total Current Liabilities	0.45	0.58	0.65	0.36		0.46	0.6	-0.28	0.68	0.42	0.84	-0.19	0.52	-0.13	-0.19	0.53	0.43	0.46	0.73	-0.4	0.61	0.87	0.92	0.44	0.46	0.39
Total Stockholder Equity	0.8	0.95	0.85	0.46	0.46		0.93	-0.38	0.79	0.81	0.34	0.3	0.96	0.35	0.3	0.11	0.91	0.29	0.34	0.08	0.91	0.38	0.34	0.85	0.86	0.48
Property Plant And Equipment Net	0.81	0.98	0.94	0.54	0.6	0.93		-0.43	0.9	0.75	0.58	0.19	0.97	0.19	0.19	0.28	0.95	0.36	0.38	-0.15	0.97	0.48	0.4	0.85	0.87	0.55
Current Deferred Revenue	-0.84	-0.52	-0.32	-0.79	-0.28	-0.38	-0.43		-0.32	-0.33	-0.53	-0.03	-0.52	0.31	-0.03	-0.6	-0.44	-0.02	0.07	0.05	-0.56	-0.25	-0.01	-0.79	-0.75	-0.16
Net Debt	0.66	0.9	0.99	0.34	0.68	0.79	0.9	-0.32		0.66	0.59	-0.13	0.88	0.3	-0.13	0.25	0.9	0.43	0.48	-0.34	0.92	0.56	0.55	0.69	0.73	0.57
Retained Earnings	0.72	0.76	0.71	0.37	0.42	0.81	0.75	-0.33	0.66		0.34	0.24	0.76	0.53	0.24	0.24	0.68	0.67	0.35	-0.03	0.73	0.4	0.3	0.63	0.69	0.83
Accounts Payable	0.54	0.53	0.58	0.56	0.84	0.34	0.58	-0.53	0.59	0.34		-0.14	0.48	-0.38	-0.14	0.71	0.41	0.44	0.53	-0.54	0.59	0.78	0.58	0.51	0.52	0.39
Cash	0.14	0.18	0.04	0.14	-0.19	0.3	0.19	-0.03	-0.13	0.24	-0.14		0.2	0.08	1.0	-0.1	0.17	-0.16	-0.05	0.28	0.1	-0.17	-0.23	0.16	0.14	-0.01
Non Current Assets Total	0.86	1.0	0.92	0.58	0.52	0.96	0.97	-0.52	0.88	0.76	0.48	0.2		0.24	0.2	0.22	0.98	0.28	0.29	-0.06	0.98	0.4	0.33	0.91	0.92	0.5
Non Currrent Assets Other	0.03	0.22	0.32	-0.44	-0.13	0.35	0.19	0.31	0.3	0.53	-0.38	0.08	0.24		0.08	-0.49	0.3	0.29	0.2	-0.01	0.19	-0.12	0.03	-0.02	0.03	0.41
Cash And Short Term Investments	0.14	0.18	0.04	0.14	-0.19	0.3	0.19	-0.03	-0.13	0.24	-0.14	1.0	0.2	0.08		-0.1	0.17	-0.16	-0.05	0.28	0.1	-0.17	-0.23	0.16	0.14	-0.01
Net Receivables	0.5	0.28	0.24	0.56	0.53	0.11	0.28	-0.6	0.25	0.24	0.71	-0.1	0.22	-0.49	-0.1		0.14	0.46	0.19	-0.16	0.32	0.63	0.31	0.39	0.43	0.4
Non Current Liabilities Total	0.79	0.97	0.93	0.49	0.43	0.91	0.95	-0.44	0.9	0.68	0.41	0.17	0.98	0.3	0.17	0.14		0.21	0.26	-0.09	0.97	0.33	0.25	0.85	0.86	0.45
Inventory	0.31	0.31	0.41	0.19	0.46	0.29	0.36	-0.02	0.43	0.67	0.44	-0.16	0.28	0.29	-0.16	0.46	0.21		0.28	-0.38	0.32	0.51	0.36	0.16	0.29	0.92
Other Current Assets	0.12	0.36	0.48	-0.15	0.73	0.34	0.38	0.07	0.48	0.35	0.53	-0.05	0.29	0.2	-0.05	0.19	0.26	0.28		-0.27	0.36	0.79	0.79	0.12	0.1	0.19
Other Stockholder Equity	-0.03	-0.09	-0.3	0.03	-0.4	0.08	-0.15	0.05	-0.34	-0.03	-0.54	0.28	-0.06	-0.01	0.28	-0.16	-0.09	-0.38	-0.27		-0.16	-0.33	-0.31	0.02	-0.03	-0.3
Total Liab	0.87	0.99	0.95	0.59	0.61	0.91	0.97	-0.56	0.92	0.73	0.59	0.1	0.98	0.19	0.1	0.32	0.97	0.32	0.36	-0.16		0.51	0.41	0.9	0.92	0.52
Total Current Assets	0.4	0.48	0.54	0.27	0.87	0.38	0.48	-0.25	0.56	0.4	0.78	-0.17	0.4	-0.12	-0.17	0.63	0.33	0.51	0.79	-0.33	0.51		0.79	0.36	0.39	0.38
Short Term Debt	0.19	0.39	0.51	0.02	0.92	0.34	0.4	-0.01	0.55	0.3	0.58	-0.23	0.33	0.03	-0.23	0.31	0.25	0.36	0.79	-0.31	0.41	0.79		0.2	0.21	0.24
Common Stock	0.97	0.9	0.72	0.77	0.44	0.85	0.85	-0.79	0.69	0.63	0.51	0.16	0.91	-0.02	0.16	0.39	0.85	0.16	0.12	0.02	0.9	0.36	0.2		0.99	0.35
Common Stock Total Equity	0.98	0.92	0.76	0.77	0.46	0.86	0.87	-0.75	0.73	0.69	0.52	0.14	0.92	0.03	0.14	0.43	0.86	0.29	0.1	-0.03	0.92	0.39	0.21	0.99		0.47
Property Plant And Equipment Gross	0.5	0.51	0.58	0.3	0.39	0.48	0.55	-0.16	0.57	0.83	0.39	-0.01	0.5	0.41	-0.01	0.4	0.45	0.92	0.19	-0.3	0.52	0.38	0.24	0.35	0.47

Click cells to compare fundamentals

OGE Energy Account Relationship Matchups

OGE Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	200.7M	200.1M	200.3M	200.8M	200.9M	197.2M
Total Assets	11.0B	10.7B	12.6B	12.5B	12.8B	7.9B
Short Long Term Debt Total	3.3B	3.6B	5.0B	4.5B	4.8B	2.6B
Other Current Liab	268M	214.1M	194.7M	210.6M	248.8M	223.1M
Total Current Liabilities	657.9M	697.4M	1.1B	1.8B	1.2B	922.5M
Total Stockholder Equity	4.1B	3.6B	4.1B	4.4B	4.5B	2.5B
Property Plant And Equipment Net	9.1B	9.5B	10.0B	10.7B	11.0B	6.4B
Current Deferred Revenue	83.6M	83M	81.1M	88.8M	103.5M	81.9M
Net Debt	2.6B	3.6B	5.0B	4.5B	4.8B	2.6B
Retained Earnings	3.0B	2.5B	3.0B	3.3B	3.4B	3.5B
Accounts Payable	194.9M	251.5M	274M	448.9M	276.4M	284.4M
Cash	681.5M	1.1M	(358K)	88.1M	200K	190K
Non Current Assets Total	10.6B	10.3B	12.0B	11.2B	12.0B	7.2B
Non Currrent Assets Other	315.3M	431.6M	1.3B	129.2M	718.2M	754.1M
Cash And Short Term Investments	681.5M	1.1M	(358K)	88.1M	200K	190K
Net Receivables	268.9M	233.5M	229.9M	345M	299.7M	351.7M
Liabilities And Stockholders Equity	11.0B	10.7B	12.6B	12.5B	12.8B	7.9B
Non Current Liabilities Total	6.2B	6.4B	7.5B	6.3B	7.1B	4.4B
Inventory	136.9M	152.7M	158.5M	289.3M	412.8M	433.4M
Other Current Assets	24.4M	41.2M	227.8M	618.4M	58.8M	103.4M
Other Stockholder Equity	396.9M	1.1B	659.9M	(5.3M)	(1.0)	(0.95)
Total Liab	6.9B	7.1B	8.6B	8.1B	8.3B	5.3B
Total Current Assets	430.2M	428.5M	613.6M	1.3B	771.5M	699.3M
Short Term Debt	112M	95M	486.9M	999.9M	502.9M	302.1M
Common Stock	1.1B	1.1B	1.1B	1.1B	1.1B	779.0M
Common Stock Total Equity	1.1B	1.1B	1.1B	1.1B	1.3B	840.0M
Property Plant And Equipment Gross	9.1B	9.5B	9.8B	10.5B	16.2B	17.0B
Accumulated Other Comprehensive Income	(27.9M)	(32.1M)	(24.8M)	(11.9M)	(7.2M)	(7.6M)
Other Liab	3.0B	2.9B	2.9B	2.8B	3.2B	3.3B
Other Assets	315.3M	431.6M	1.3B	551.3M	634.0M	445.4M
Long Term Debt	3.2B	3.5B	4.5B	3.5B	4.3B	2.7B
Property Plant Equipment	9.0B	9.4B	9.8B	10.5B	12.1B	7.0B
Intangible Assets	79.8M	100.2M	129.4M	190.4M	348.7M	366.1M
Short Term Investments	1.2B	484.1M	905.1M	105.8M	121.7M	115.6M
Net Tangible Assets	4.1B	3.6B	4.1B	4.4B	5.1B	3.8B
Good Will	154.8M	(107.4M)	(1.4B)	(1.5B)	(1.3B)	(1.3B)
Retained Earnings Total Equity	3.0B	2.5B	3.0B	3.3B	3.8B	2.6B

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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:

How To Invest In OGE

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Is OGE Stock a good investment?

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What is OGE Energy's Net Worth?

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Largest Electric Utilities Companies

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Largest Utilities - Regulated Electric Companies

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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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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.

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OGE Gross Profit vs Income Before Tax Analysis

Gross Profit vs Income Before Tax

Gross Profit vs Income Before Tax Correlation Analysis

Correlation Coefficient

Gross Profit

Income Before Tax

OGE Energy fundamental ratios Correlations

OGE Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

OGE Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Common Stock Total Equity	+ 0.99	Common Stock
Common Stock Total Equity	+ 0.98	Common Stock Shares Outstanding

Current Deferred Revenue	- 0.84	Common Stock Shares Outstanding
Common Stock	- 0.79	Current Deferred Revenue
Current Deferred Revenue	- 0.79	Other Current Liab
Common Stock Total Equity	- 0.75	Current Deferred Revenue
Net Receivables	- 0.6	Current Deferred Revenue
Total Liab	- 0.56	Current Deferred Revenue