OGE Energy (FRA:OG5) Interest Coverage: 1.89 (As of Mar. 2026) — 43% Below Median

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FRA:OG5 OGE Energy Corp FRA:OG5
77 GF Score
Price €41.20
GF Value €37.66
! 11 Warning Signs
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What is OGE Energy Interest Coverage?

OGE Energy FRA:OG5 -1.90% 77 Interest Coverage is 1.89 as of Mar. 2026, which is 43% below its 10-year median of 3.32. GuruFocus rates FRA:OG5 with a GF Score™ of 77/100 and a GF Value™ of €37.66. The stock has 11 warning signs investors should review. Among 447 Utilities - Regulated companies, OGE Energy ranks worse than 59.51% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. OGE Energy's Operating Income for the three months ended in Mar. 2026 was €98 Mil. OGE Energy's Interest Expense for the three months ended in Mar. 2026 was €-52 Mil. OGE Energy's interest coverage for the quarter that ended in Mar. 2026 was 1.89. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for OGE Energy's Interest Coverage or its related term are showing as below:

FRA:OG5' s Interest Coverage Range Over the Past 10 Years
Min: 2.93   Med: 3.32   Max: 3.91
Current: 2.96


FRA:OG5's Interest Coverage is ranked worse than
59.51% of 447 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs FRA:OG5: 2.96

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


OGE Energy  (FRA:OG5) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


OGE Energy Interest Coverage Related Terms


OGE Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for OGE Energy's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

OGE Energy Interest Coverage Chart

OGE Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 3.91 2.94 2.93 2.96

OGE Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.98 2.58 4.90 2.26 1.89

FRA:OG5 vs IDA, PNW, TXNM: Interest Coverage Comparison

For the Utilities - Regulated Electric subindustry, OGE Energy's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OGE Energy Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, OGE Energy's Interest Coverage distribution charts can be found below:

* The bar in red indicates where OGE Energy's Interest Coverage falls into.


FRA:OG5
77GF Score
OGE Energy Corp FRA:OG5
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OGE Energy Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

OGE Energy's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, OGE Energy's Interest Expense was €-231 Mil. Its Operating Income was €683 Mil. And its Long-Term Debt & Capital Lease Obligation was €4,585 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*682.688/-230.836
=2.96

OGE Energy's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, OGE Energy's Interest Expense was €-52 Mil. Its Operating Income was €98 Mil. And its Long-Term Debt & Capital Lease Obligation was €4,645 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*97.831/-51.813
=1.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.89 mean?
OGE Energy (FRA:OG5) has a Interest Coverage of 1.89 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on OGE Energy and its competitors. This is 43% below median its historical median of 3.32. Over the past decade, OGE Energy's Interest Coverage has ranged from 2.93 to 3.91. According to the industry distribution chart, OGE Energy ranks #266 out of 447 companies in the Utilities - Regulated industry, placing it in the top 59.5%.
Is OGE Energy's Interest Coverage too high?
OGE Energy's current Interest Coverage of 1.89 is 43% below median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 3.91. The Utilities - Regulated industry median Interest Coverage is 3.78. OGE Energy's value of 1.89 is 50% below this industry median. Based on the distribution chart, OGE Energy ranks #266 out of 447 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, OGE Energy has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does OGE Energy's Interest Coverage compare to IDA and PNW?
According to the Utilities - Regulated industry distribution chart, OGE Energy ranks #266 out of 447 companies for Interest Coverage. This places OGE Energy in the lower half of its industry. The industry median Interest Coverage is 3.78. OGE Energy's value of 1.89 is 50% below this benchmark. Historically, OGE Energy's own Interest Coverage has ranged from 2.93 to 3.91 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 3.78, OGE Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 447 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OGE Energy's current Interest Coverage of 1.89 is 50% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on OGE Energy and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OGE Energy's current Interest Coverage is 1.89, which is 43% below median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OGE Energy stock overvalued right now?
OGE Energy (FRA:OG5) has a current Interest Coverage of 1.89. The stock's GF Value™ is €37.66, compared to a current price of €41.20 — trading 9.4% above its estimated fair value. The current Interest Coverage is 1.89, which is 43% below median its 10-year median of 3.32 and 50% below the Utilities - Regulated industry median of 3.78. OGE Energy's overall GF Score™ is 77/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For OGE Energy (FRA:OG5), the current Interest Coverage is 1.89 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is OGE Energy (FRA:OG5) Overvalued in 2026?

Based on GuruFocus' analysis, OGE Energy stock appears to be overvalued. The current stock price of €41.20 is trading 9.4% above its estimated GF Value™ of €37.66.

Key valuation signals for FRA:OG5:

  • Interest Coverage: 1.89 (43% below median its 10-year median of 3.32)
  • GF Value™: €37.66 vs. price of €41.20 (9.4% above fair value)
  • GF Score™: 77/100 with 11 warning signs
  • Industry Position: 50% below the Utilities - Regulated median (#266 of 447)

No single metric tells the full story. See the FRA:OG5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OGE Energy Business Description

Other Exchanges OGE:USAOG5:Germany
Address 321 North Harvey, P.O. Box 321, Oklahoma, OK, USA, 73101-0321
OGE Energy is a holding company for Oklahoma Gas & Electric, a regulated utility with electricity generation, transmission, and distribution service for 900,000 customers in Oklahoma and western Arkansas. In December 2021, OGE divested its 25.5% stake in Enable Midstream Partners, an oil and gas services company it created in 2013 through a unit exchange merger with Energy Transfer. OGE sold its 95.4 million limited partner units of Energy Transfer throughout 2022. OGE sold its retail gas business in 1928 and no longer has any gas operations.
77GF Score

Get the complete analysis for FRA:OG5

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€41.20
Price
€37.66
GF Value