OGE Energy vs Txnm Energy
OGE Energy is the larger business, with $3.26bn of revenue in fiscal 2025 against $2.17bn for Txnm Energy (1.5 times as much). Txnm Energy grew faster (9.9% against 9.2%). OGE Energy kept more of each dollar of sales as profit: a net margin of 14.4% against 7.0%. OGE Energy carries less debt relative to equity (113.7% against 164.5%).
| Latest fiscal year | OGE EnergyOGE, 2025 | Txnm EnergyTXNM, 2025 |
|---|---|---|
| Revenue | $3.26bn | $2.17bn |
| Revenue growth | 9.2% | 9.9% |
| Net income | $471m | $151m |
| Operating margin | 24.5% | 20.4% |
| Net margin | 14.4% | 7.0% |
| Return on equity | 9.8% | 5.1% |
| Free cash flow | $82.7m | −$611m |
| Cash | $200,000 | $18.3m |
| Total debt | $5.66bn | $5.60bn |
| Debt to equity | 113.7% | 164.5% |
| Dividend per share | $1.69 | $1.65 |
| Dividend yield | 3.4% | 2.8% |
| Share buybacks | — | $12.0m |
| Employees | 2,248 | — |
| Market value | $10.26bn | $6.45bn |
| Price vs our value range | — | — |
| Moat score | 55 (Moderate) | 24 (Weak) |
| Insider trades, 12 months | 1 buys, 3 sales | 0 buys, 1 sales |