Oge Energy (OGE) Debt to Equity (2009 - 2025)

Oge Energy's (OGE) quarterly Debt to Equity came in at $1.14 in Q4 2025, down 3.85% year-on-year from $1.18 in Q4 2024, and down 6.48% quarter-over-quarter from $1.22 in Q3 2025.

Oge Energy (OGE) Debt to Equity (2009 - 2025) Analysis & Trends

Oge Energy has disclosed Debt to Equity across 17 years of filings, most recently posting $1.14 for Q4 2025.

  • Debt to Equity for Q4 2025 came in at $1.14, down 3.85% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.14 (down 3.85% YoY), and the FY2025 annual result was $1.14, down 3.85% from the prior year.
  • Debt to Equity came in at $1.14 for Q4 2025 at Oge Energy, down from $1.22 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.34 in Q2 2021 to a low of $0.8 in Q3 2022.
  • The 5-year median for Debt to Equity is $1.12 (2025), against an average of $1.11.
  • Across the five-year window, Debt to Equity jumped 34.0% in 2021 and tumbled 37.52% in 2022, its largest moves.
  • Oge Energy's Debt to Equity stood at $1.23 in 2021, then tumbled by 34.55% to $0.8 in 2022, then surged by 33.41% to $1.07 in 2023, then advanced by 10.28% to $1.18 in 2024, then slipped by 3.85% to $1.14 in 2025.
  • The last three Debt to Equity figures came in at $1.14 (Q4 2025), $1.22 (Q3 2025), and $1.16 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn -
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 1.44
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 1.51
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 1.52
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 1.49
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn 2.63
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 1.97
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 1.90
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 1.99
10 Oge Energy 9.55 Bn 9.55 Bn 439.50 Mn 1.14

Historic Data

Download Data
DateValue
Dec 31, 2025 1.14
Sep 30, 2025 1.22
Jun 30, 2025 1.16
Mar 31, 2025 1.11
Dec 31, 2024 1.18
Sep 30, 2024 1.09
Jun 30, 2024 1.09
Mar 31, 2024 0.98
Dec 31, 2023 1.07
Sep 30, 2023 1.05
Jun 30, 2023 0.99
Mar 31, 2023 1.14
Dec 31, 2022 0.80
Sep 30, 2022 0.80
Jun 30, 2022 1.07
Mar 31, 2022 1.23
Dec 31, 2021 1.23
Sep 30, 2021 1.28
Jun 30, 2021 1.34
Mar 31, 2021 1.33