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Side-by-side financial comparison of Fortrea Holdings Inc. (FTRE) 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 $660.5M, roughly 1.1× Fortrea Holdings Inc.). OGE ENERGY CORP. runs the higher net margin — 6.7% vs -4.9%, a 11.6% gap on every dollar of revenue. On growth, OGE ENERGY CORP. posted the faster year-over-year revenue change (0.7% vs -5.2%). Over the past eight quarters, OGE ENERGY CORP.'s revenue compounded faster (8.1% CAGR vs -0.1%).

Fortrea Holdings Inc. is an American contract research organization organized in Delaware and headquartered in Durham, North Carolina with operations in 90 countries. Its customers are primarily in the pharmaceutical, biotechnology, and medical device industries.

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...

FTRE vs OGE — Head-to-Head

Bigger by revenue
OGE
OGE
1.1× larger
OGE
$752.6M
$660.5M
FTRE
Growing faster (revenue YoY)
OGE
OGE
+5.9% gap
OGE
0.7%
-5.2%
FTRE
Higher net margin
OGE
OGE
11.6% more per $
OGE
6.7%
-4.9%
FTRE
Faster 2-yr revenue CAGR
OGE
OGE
Annualised
OGE
8.1%
-0.1%
FTRE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FTRE
FTRE
OGE
OGE
Revenue
$660.5M
$752.6M
Net Profit
$-32.5M
$50.2M
Gross Margin
Operating Margin
-2.1%
15.0%
Net Margin
-4.9%
6.7%
Revenue YoY
-5.2%
0.7%
Net Profit YoY
46.9%
-19.9%
EPS (diluted)
$-0.25

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
FTRE
FTRE
OGE
OGE
Q1 26
$752.6M
Q4 25
$660.5M
$701.7M
Q3 25
$701.3M
$1.0B
Q2 25
$710.3M
$719.7M
Q1 25
$651.3M
$741.1M
Q4 24
$697.0M
$744.7M
Q3 24
$674.9M
$945.2M
Q2 24
$662.4M
$644.1M
Net Profit
FTRE
FTRE
OGE
OGE
Q1 26
$50.2M
Q4 25
$-32.5M
$69.2M
Q3 25
$-15.9M
$231.3M
Q2 25
$-374.9M
$107.5M
Q1 25
$-562.9M
$62.7M
Q4 24
$-61.2M
$101.9M
Q3 24
$-27.9M
$218.7M
Q2 24
$-138.4M
$102.3M
Gross Margin
FTRE
FTRE
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
FTRE
FTRE
OGE
OGE
Q1 26
15.0%
Q4 25
-2.1%
19.7%
Q3 25
-1.2%
33.2%
Q2 25
-46.5%
25.9%
Q1 25
-79.9%
18.0%
Q4 24
-8.0%
24.5%
Q3 24
-2.7%
33.1%
Q2 24
-7.7%
27.3%
Net Margin
FTRE
FTRE
OGE
OGE
Q1 26
6.7%
Q4 25
-4.9%
9.9%
Q3 25
-2.3%
22.5%
Q2 25
-52.8%
14.9%
Q1 25
-86.4%
8.5%
Q4 24
-8.8%
13.7%
Q3 24
-4.1%
23.1%
Q2 24
-20.9%
15.9%
EPS (diluted)
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
$-0.25
$0.34
Q3 25
$-0.17
$1.14
Q2 25
$-4.14
$0.53
Q1 25
$-6.25
$0.31
Q4 24
$-0.68
$0.50
Q3 24
$-0.31
$1.09
Q2 24
$-1.55
$0.51

Balance Sheet & Financial Strength

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

Metric
FTRE
FTRE
OGE
OGE
Cash + ST InvestmentsLiquidity on hand
$174.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$563.5M
Total Assets
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
$174.6M
$200.0K
Q3 25
$131.3M
$300.0K
Q2 25
$81.2M
$500.0K
Q1 25
$101.6M
$26.9M
Q4 24
$118.5M
$600.0K
Q3 24
$105.3M
$9.9M
Q2 24
$126.2M
$100.0K
Total Debt
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
$5.4B
Q3 25
Q2 25
Q1 25
Q4 24
$5.1B
Q3 24
Q2 24
Stockholders' Equity
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
$563.5M
$5.0B
Q3 25
$580.8M
$4.8B
Q2 25
$589.2M
$4.6B
Q1 25
$858.8M
$4.6B
Q4 24
$1.4B
$4.6B
Q3 24
$1.5B
$4.6B
Q2 24
$1.5B
$4.5B
Total Assets
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
$2.7B
$14.4B
Q3 25
$2.7B
$14.3B
Q2 25
$2.8B
$14.1B
Q1 25
$3.1B
$14.0B
Q4 24
$3.6B
$13.7B
Q3 24
$3.7B
$13.5B
Q2 24
$3.6B
$13.2B
Debt / Equity
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
1.08×
Q3 25
Q2 25
Q1 25
Q4 24
1.09×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
FTRE
FTRE
OGE
OGE
Operating Cash FlowLast quarter
$129.1M
Free Cash FlowOCF − Capex
$121.6M
FCF MarginFCF / Revenue
18.4%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$88.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
$129.1M
$384.8M
Q3 25
$86.8M
$397.8M
Q2 25
$21.8M
$338.6M
Q1 25
$-124.2M
$15.9M
Q4 24
$17.1M
$129.6M
Q3 24
$-2.4M
$347.1M
Q2 24
$273.7M
$253.1M
Free Cash Flow
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
$121.6M
$83.1M
Q3 25
$79.5M
$168.3M
Q2 25
$14.3M
$64.9M
Q1 25
$-127.1M
$-233.6M
Q4 24
$13.9M
$-167.0M
Q3 24
$-10.6M
$103.0M
Q2 24
$262.5M
$-70.2M
FCF Margin
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
18.4%
11.8%
Q3 25
11.3%
16.4%
Q2 25
2.0%
9.0%
Q1 25
-19.5%
-31.5%
Q4 24
2.0%
-22.4%
Q3 24
-1.6%
10.9%
Q2 24
39.6%
-10.9%
Capex Intensity
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
1.1%
43.0%
Q3 25
1.0%
22.3%
Q2 25
1.1%
38.0%
Q1 25
0.4%
33.7%
Q4 24
0.5%
39.8%
Q3 24
1.2%
25.8%
Q2 24
1.7%
50.2%
Cash Conversion
FTRE
FTRE
OGE
OGE
Q1 26
Q4 25
5.56×
Q3 25
1.72×
Q2 25
3.15×
Q1 25
0.25×
Q4 24
1.27×
Q3 24
1.59×
Q2 24
2.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTRE
FTRE

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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