OGE Income Before Tax from 2010 to 2024

OGE Stock  USD 44.08  0.04  0.09%   
OGE Energy's Income Before Tax is increasing over the years with very volatile fluctuation. Income Before Tax is expected to dwindle to about 394.3 M. During the period from 2010 to 2024 OGE Energy Income Before Tax annual values regression line had coefficient of variation of  57.17 and r-squared of  0.01. View All Fundamentals
 
Income Before Tax  
First Reported
1994-03-31
Previous Quarter
121.5 M
Current Value
259.7 M
Quarterly Volatility
116.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OGE Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OGE Energy's main balance sheet or income statement drivers, such as Interest Expense of 239.9 M, Total Revenue of 2.8 B or Gross Profit of 1 B, as well as many indicators such as Price To Sales Ratio of 2.75, Dividend Yield of 0.0494 or PTB Ratio of 1.46. OGE financial statements analysis is a perfect complement when working with OGE Energy Valuation or Volatility modules.
  
Check out the analysis of OGE Energy Correlation against competitors.
For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.

Latest OGE Energy's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of OGE Energy over the last few years. 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. It is OGE Energy's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OGE Energy's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Very volatile
   Income Before Tax   
       Timeline  

OGE Income Before Tax Regression Statistics

Arithmetic Mean463,512,008
Coefficient Of Variation57.17
Mean Deviation159,530,657
Median497,700,000
Standard Deviation264,993,567
Sample Variance70221.6T
Range1.2B
R-Value0.09
Mean Square Error75056.1T
R-Squared0.01
Significance0.76
Slope5,131,646
Total Sum of Squares983102.3T

OGE Income Before Tax History

2024394.3 M
2023473 M
2022789.3 M
2021878.5 M
2020-301.1 M
2019463.4 M
2018497.7 M

About OGE Energy Financial Statements

OGE Energy stakeholders use historical fundamental indicators, such as OGE Energy's Income Before Tax, to determine how well the company is positioned to perform in the future. Although OGE Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in OGE Energy's assets and liabilities are reflected in the revenues and expenses on OGE Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in OGE Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax473 M394.3 M

Also Currently Popular

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 the analysis of OGE Energy Correlation against competitors.
For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different 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.