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Side-by-side financial comparison of AFFILIATED MANAGERS GROUP, INC. (AMG) and OGE ENERGY CORP. (OGE). Click either name above to swap in a different company.

OGE ENERGY CORP. is the larger business by last-quarter revenue ($752.6M vs $556.6M, roughly 1.4× AFFILIATED MANAGERS GROUP, INC.). AFFILIATED MANAGERS GROUP, INC. runs the higher net margin — 62.4% vs 6.7%, a 55.8% gap on every dollar of revenue. On growth, AFFILIATED MANAGERS GROUP, INC. posted the faster year-over-year revenue change (6.2% vs 0.7%). Over the past eight quarters, OGE ENERGY CORP.'s revenue compounded faster (8.1% CAGR vs 5.5%).

Affiliated Managers Group, Inc. (AMG) is an American financial services firm founded in 1993 and headquartered in West Palm Beach, Florida. The company's stock trades on the New York Stock Exchange under the symbol AMG, and is listed on the S&P 400 for mid-size American firms.

Oklahoma Gas & Electric Company is a regulated electric utility company that serves over 843,000 customers in Oklahoma and Arkansas, including 1.5 million people in the Oklahoma City Metropolitan Area. It is the leading subsidiary of OGE Energy Corp., with headquarters in downtown Oklahoma City. OGE Energy is also the former parent of Enogex Inc., a natural gas pipeline business which merged with CenterPoint Energy's midstream business to form Enable Midstream in 2013, in 2021 OGE and CenterP...

AMG vs OGE — Head-to-Head

Bigger by revenue
OGE
OGE
1.4× larger
OGE
$752.6M
$556.6M
AMG
Growing faster (revenue YoY)
AMG
AMG
+5.5% gap
AMG
6.2%
0.7%
OGE
Higher net margin
AMG
AMG
55.8% more per $
AMG
62.4%
6.7%
OGE
Faster 2-yr revenue CAGR
OGE
OGE
Annualised
OGE
8.1%
5.5%
AMG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AMG
AMG
OGE
OGE
Revenue
$556.6M
$752.6M
Net Profit
$347.5M
$50.2M
Gross Margin
Operating Margin
94.4%
15.0%
Net Margin
62.4%
6.7%
Revenue YoY
6.2%
0.7%
Net Profit YoY
114.2%
-19.9%
EPS (diluted)
$10.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMG
AMG
OGE
OGE
Q1 26
$752.6M
Q4 25
$556.6M
$701.7M
Q3 25
$528.0M
$1.0B
Q2 25
$493.2M
$719.7M
Q1 25
$496.6M
$741.1M
Q4 24
$524.3M
$744.7M
Q3 24
$516.4M
$945.2M
Q2 24
$500.3M
$644.1M
Net Profit
AMG
AMG
OGE
OGE
Q1 26
$50.2M
Q4 25
$347.5M
$69.2M
Q3 25
$212.4M
$231.3M
Q2 25
$84.3M
$107.5M
Q1 25
$72.4M
$62.7M
Q4 24
$162.2M
$101.9M
Q3 24
$123.6M
$218.7M
Q2 24
$76.0M
$102.3M
Gross Margin
AMG
AMG
OGE
OGE
Q1 26
Q4 25
59.2%
Q3 25
62.2%
Q2 25
63.7%
Q1 25
56.3%
Q4 24
59.7%
Q3 24
63.0%
Q2 24
69.9%
Operating Margin
AMG
AMG
OGE
OGE
Q1 26
15.0%
Q4 25
94.4%
19.7%
Q3 25
68.7%
33.2%
Q2 25
34.8%
25.9%
Q1 25
25.5%
18.0%
Q4 24
52.2%
24.5%
Q3 24
42.0%
33.1%
Q2 24
35.6%
27.3%
Net Margin
AMG
AMG
OGE
OGE
Q1 26
6.7%
Q4 25
62.4%
9.9%
Q3 25
40.2%
22.5%
Q2 25
17.1%
14.9%
Q1 25
14.6%
8.5%
Q4 24
30.9%
13.7%
Q3 24
23.9%
23.1%
Q2 24
15.2%
15.9%
EPS (diluted)
AMG
AMG
OGE
OGE
Q1 26
Q4 25
$10.87
$0.34
Q3 25
$6.87
$1.14
Q2 25
$2.80
$0.53
Q1 25
$2.20
$0.31
Q4 24
$4.95
$0.50
Q3 24
$3.78
$1.09
Q2 24
$2.26
$0.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMG
AMG
OGE
OGE
Cash + ST InvestmentsLiquidity on hand
$586.0M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$3.2B
Total Assets
$9.2B
Debt / EquityLower = less leverage
0.83×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMG
AMG
OGE
OGE
Q1 26
Q4 25
$586.0M
$200.0K
Q3 25
$476.1M
$300.0K
Q2 25
$361.0M
$500.0K
Q1 25
$816.5M
$26.9M
Q4 24
$950.0M
$600.0K
Q3 24
$1.0B
$9.9M
Q2 24
$865.5M
$100.0K
Total Debt
AMG
AMG
OGE
OGE
Q1 26
Q4 25
$2.7B
$5.4B
Q3 25
$2.4B
Q2 25
$2.6B
Q1 25
$2.6B
Q4 24
$2.6B
$5.1B
Q3 24
$2.6B
Q2 24
$2.5B
Stockholders' Equity
AMG
AMG
OGE
OGE
Q1 26
Q4 25
$3.2B
$5.0B
Q3 25
$3.3B
$4.8B
Q2 25
$3.2B
$4.6B
Q1 25
$3.2B
$4.6B
Q4 24
$3.3B
$4.6B
Q3 24
$3.3B
$4.6B
Q2 24
$3.3B
$4.5B
Total Assets
AMG
AMG
OGE
OGE
Q1 26
Q4 25
$9.2B
$14.4B
Q3 25
$8.9B
$14.3B
Q2 25
$8.8B
$14.1B
Q1 25
$8.7B
$14.0B
Q4 24
$8.8B
$13.7B
Q3 24
$8.9B
$13.5B
Q2 24
$8.8B
$13.2B
Debt / Equity
AMG
AMG
OGE
OGE
Q1 26
Q4 25
0.83×
1.08×
Q3 25
0.71×
Q2 25
0.81×
Q1 25
0.82×
Q4 24
0.78×
1.09×
Q3 24
0.79×
Q2 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMG
AMG
OGE
OGE
Operating Cash FlowLast quarter
$256.4M
Free Cash FlowOCF − Capex
$254.5M
FCF MarginFCF / Revenue
45.7%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
0.74×
TTM Free Cash FlowTrailing 4 quarters
$967.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMG
AMG
OGE
OGE
Q1 26
Q4 25
$256.4M
$384.8M
Q3 25
$277.1M
$397.8M
Q2 25
$230.8M
$338.6M
Q1 25
$208.9M
$15.9M
Q4 24
$212.5M
$129.6M
Q3 24
$265.2M
$347.1M
Q2 24
$245.2M
$253.1M
Free Cash Flow
AMG
AMG
OGE
OGE
Q1 26
Q4 25
$254.5M
$83.1M
Q3 25
$275.9M
$168.3M
Q2 25
$229.4M
$64.9M
Q1 25
$207.3M
$-233.6M
Q4 24
$211.4M
$-167.0M
Q3 24
$264.5M
$103.0M
Q2 24
$244.6M
$-70.2M
FCF Margin
AMG
AMG
OGE
OGE
Q1 26
Q4 25
45.7%
11.8%
Q3 25
52.3%
16.4%
Q2 25
46.5%
9.0%
Q1 25
41.7%
-31.5%
Q4 24
40.3%
-22.4%
Q3 24
51.2%
10.9%
Q2 24
48.9%
-10.9%
Capex Intensity
AMG
AMG
OGE
OGE
Q1 26
Q4 25
0.3%
43.0%
Q3 25
0.2%
22.3%
Q2 25
0.3%
38.0%
Q1 25
0.3%
33.7%
Q4 24
0.2%
39.8%
Q3 24
0.1%
25.8%
Q2 24
0.1%
50.2%
Cash Conversion
AMG
AMG
OGE
OGE
Q1 26
Q4 25
0.74×
5.56×
Q3 25
1.30×
1.72×
Q2 25
2.74×
3.15×
Q1 25
2.89×
0.25×
Q4 24
1.31×
1.27×
Q3 24
2.15×
1.59×
Q2 24
3.23×
2.47×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMG
AMG

Segment breakdown not available.

OGE
OGE

Residential$260.4M35%
Commercial$212.0M28%
Public authorities and street light$61.9M8%
Industrial$60.7M8%
Oilfield$58.4M8%
Integrated market$47.3M6%
Transmission$40.7M5%

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