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OGE EnergyFRA:OG5 -1.90%77 ROE % is 4.08% as of Mar. 2026, which is 60% below its 10-year median of 10.32. 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 502 Utilities - Regulated companies, OGE Energy ranks better than 55.18% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. OGE Energy's annualized net income for the quarter that ended in Mar. 2026 was €174 Mil. OGE Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €4,262 Mil. Therefore, OGE Energy's annualized ROE % for the quarter that ended in Mar. 2026 was 4.08%.
The historical rank and industry rank for OGE Energy's ROE % or its related term are showing as below:
FRA:OG5'
s ROE % Range Over the Past 10 Years
Min: -4.47 Med: 10.32 Max: 19.18
Current: 9.56
During the past 13 years, OGE Energy's highest ROE % was 19.18%. The lowest was -4.47%. And the median was 10.32%.
FRA:OG5's ROE % is ranked better than 55.18% of 502
companies
in the Utilities - Regulated industry
Industry Median: 8.685
vs FRA:OG5: 9.56
OGE Energy (FRA:OG5) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
OGE Energy ROE % Related Terms
OGE Energy ROE % Historical Data
* Premium members only.
The historical data trend for OGE Energy's ROE % 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.
For the Utilities - Regulated Electric subindustry, OGE Energy's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, OGE Energy's ROE % distribution charts can be found below:
* The bar in red indicates where OGE Energy's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
OGE Energy (FRA:OG5) has a ROE % of 4.08% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on OGE Energy and its competitors. This is 60% below median its historical median of 10.32. According to the industry distribution chart, OGE Energy ranks #225 out of 502 companies in the Utilities - Regulated industry, placing it in the top 44.8%.
Is OGE Energy's ROE % too high?
OGE Energy's current ROE % of 4.08% is 60% below median its 10-year median of 10.32. The Utilities - Regulated industry median ROE % is 8.69. OGE Energy's value of 4.08% is 53% below this industry median. Based on the distribution chart, OGE Energy ranks #225 out of 502 companies in the Utilities - Regulated industry, which is above 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 ROE % compare to IDA and PNW?
According to the Utilities - Regulated industry distribution chart, OGE Energy ranks #225 out of 502 companies for ROE %. This puts OGE Energy in the upper half of its industry. The industry median ROE % is 8.69. OGE Energy's value of 4.08% is 53% below this benchmark. While the company's 10-year median is 10.32 vs. the industry median of 8.69, 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 ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.69, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OGE Energy's current ROE % of 4.08% is 53% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on OGE Energy and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OGE Energy's current ROE % is 4.08%, which is 60% below median its own 10-year median of 10.32. 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 ROE % of 4.08%. 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 ROE % is 4.08%, which is 60% below median its 10-year median of 10.32 and 53% below the Utilities - Regulated industry median of 8.69. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For OGE Energy (FRA:OG5), the current ROE % is 4.08% 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:
ROE %: 4.08% (60% below median its 10-year median of 10.32)
GF Value™: €37.66 vs. price of €41.20 (9.4% above fair value)
Industry Position: 53% below the Utilities - Regulated median (#225 of 502)
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 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
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