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Side-by-side financial comparison of OGE ENERGY CORP. (OGE) and Spectrum Brands Holdings, Inc. (SPB). Click either name above to swap in a different company.

OGE ENERGY CORP. is the larger business by last-quarter revenue ($752.6M vs $677.0M, roughly 1.1× Spectrum Brands Holdings, Inc.). OGE ENERGY CORP. runs the higher net margin — 6.7% vs 4.2%, a 2.5% gap on every dollar of revenue. On growth, OGE ENERGY CORP. posted the faster year-over-year revenue change (0.7% vs -3.3%). Over the past eight quarters, OGE ENERGY CORP.'s revenue compounded faster (8.1% CAGR vs -2.9%).

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...

Spectrum Brands Holdings, Inc. is an American multinational consumer products conglomerate headquartered in Middleton, Wisconsin. It was established in 2005 as the successor to Rayovac Corporation.

OGE vs SPB — Head-to-Head

Bigger by revenue
OGE
OGE
1.1× larger
OGE
$752.6M
$677.0M
SPB
Growing faster (revenue YoY)
OGE
OGE
+4.0% gap
OGE
0.7%
-3.3%
SPB
Higher net margin
OGE
OGE
2.5% more per $
OGE
6.7%
4.2%
SPB
Faster 2-yr revenue CAGR
OGE
OGE
Annualised
OGE
8.1%
-2.9%
SPB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
OGE
OGE
SPB
SPB
Revenue
$752.6M
$677.0M
Net Profit
$50.2M
$28.4M
Gross Margin
35.7%
Operating Margin
15.0%
4.0%
Net Margin
6.7%
4.2%
Revenue YoY
0.7%
-3.3%
Net Profit YoY
-19.9%
20.9%
EPS (diluted)
$1.21

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
OGE
OGE
SPB
SPB
Q1 26
$752.6M
Q4 25
$701.7M
$677.0M
Q3 25
$1.0B
$733.5M
Q2 25
$719.7M
$699.6M
Q1 25
$741.1M
$675.7M
Q4 24
$744.7M
$700.2M
Q3 24
$945.2M
$773.8M
Q2 24
$644.1M
$779.4M
Net Profit
OGE
OGE
SPB
SPB
Q1 26
$50.2M
Q4 25
$69.2M
$28.4M
Q3 25
$231.3M
$55.6M
Q2 25
$107.5M
$19.9M
Q1 25
$62.7M
$900.0K
Q4 24
$101.9M
$23.5M
Q3 24
$218.7M
$28.5M
Q2 24
$102.3M
$6.1M
Gross Margin
OGE
OGE
SPB
SPB
Q1 26
Q4 25
59.2%
35.7%
Q3 25
62.2%
35.0%
Q2 25
63.7%
37.8%
Q1 25
56.3%
37.5%
Q4 24
59.7%
36.8%
Q3 24
63.0%
37.2%
Q2 24
69.9%
38.9%
Operating Margin
OGE
OGE
SPB
SPB
Q1 26
15.0%
Q4 25
19.7%
4.0%
Q3 25
33.2%
4.0%
Q2 25
25.9%
4.5%
Q1 25
18.0%
2.9%
Q4 24
24.5%
6.4%
Q3 24
33.1%
2.8%
Q2 24
27.3%
6.1%
Net Margin
OGE
OGE
SPB
SPB
Q1 26
6.7%
Q4 25
9.9%
4.2%
Q3 25
22.5%
7.6%
Q2 25
14.9%
2.8%
Q1 25
8.5%
0.1%
Q4 24
13.7%
3.4%
Q3 24
23.1%
3.7%
Q2 24
15.9%
0.8%
EPS (diluted)
OGE
OGE
SPB
SPB
Q1 26
Q4 25
$0.34
$1.21
Q3 25
$1.14
$2.19
Q2 25
$0.53
$0.80
Q1 25
$0.31
$0.03
Q4 24
$0.50
$0.84
Q3 24
$1.09
$1.03
Q2 24
$0.51
$0.21

Balance Sheet & Financial Strength

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

Metric
OGE
OGE
SPB
SPB
Cash + ST InvestmentsLiquidity on hand
$126.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.9B
Total Assets
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OGE
OGE
SPB
SPB
Q1 26
Q4 25
$200.0K
$126.6M
Q3 25
$300.0K
$123.6M
Q2 25
$500.0K
$122.0M
Q1 25
$26.9M
$96.0M
Q4 24
$600.0K
$179.9M
Q3 24
$9.9M
$368.9M
Q2 24
$100.0K
$306.8M
Total Debt
OGE
OGE
SPB
SPB
Q1 26
Q4 25
$5.4B
Q3 25
$496.1M
Q2 25
Q1 25
Q4 24
$5.1B
Q3 24
$496.1M
Q2 24
Stockholders' Equity
OGE
OGE
SPB
SPB
Q1 26
Q4 25
$5.0B
$1.9B
Q3 25
$4.8B
$1.9B
Q2 25
$4.6B
$1.9B
Q1 25
$4.6B
$1.9B
Q4 24
$4.6B
$2.0B
Q3 24
$4.6B
$2.1B
Q2 24
$4.5B
$2.1B
Total Assets
OGE
OGE
SPB
SPB
Q1 26
Q4 25
$14.4B
$3.4B
Q3 25
$14.3B
$3.4B
Q2 25
$14.1B
$3.5B
Q1 25
$14.0B
$3.5B
Q4 24
$13.7B
$3.6B
Q3 24
$13.5B
$3.8B
Q2 24
$13.2B
$3.8B
Debt / Equity
OGE
OGE
SPB
SPB
Q1 26
Q4 25
1.08×
Q3 25
0.26×
Q2 25
Q1 25
Q4 24
1.09×
Q3 24
0.23×
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
OGE
OGE
SPB
SPB
Operating Cash FlowLast quarter
$67.4M
Free Cash FlowOCF − Capex
$59.3M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
2.37×
TTM Free Cash FlowTrailing 4 quarters
$302.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OGE
OGE
SPB
SPB
Q1 26
Q4 25
$384.8M
$67.4M
Q3 25
$397.8M
$171.1M
Q2 25
$338.6M
$81.8M
Q1 25
$15.9M
$23.1M
Q4 24
$129.6M
$-72.4M
Q3 24
$347.1M
$80.7M
Q2 24
$253.1M
$82.7M
Free Cash Flow
OGE
OGE
SPB
SPB
Q1 26
Q4 25
$83.1M
$59.3M
Q3 25
$168.3M
$157.9M
Q2 25
$64.9M
$71.8M
Q1 25
$-233.6M
$13.9M
Q4 24
$-167.0M
$-78.3M
Q3 24
$103.0M
$67.7M
Q2 24
$-70.2M
$72.6M
FCF Margin
OGE
OGE
SPB
SPB
Q1 26
Q4 25
11.8%
8.8%
Q3 25
16.4%
21.5%
Q2 25
9.0%
10.3%
Q1 25
-31.5%
2.1%
Q4 24
-22.4%
-11.2%
Q3 24
10.9%
8.7%
Q2 24
-10.9%
9.3%
Capex Intensity
OGE
OGE
SPB
SPB
Q1 26
Q4 25
43.0%
1.2%
Q3 25
22.3%
1.8%
Q2 25
38.0%
1.4%
Q1 25
33.7%
1.4%
Q4 24
39.8%
0.8%
Q3 24
25.8%
1.7%
Q2 24
50.2%
1.3%
Cash Conversion
OGE
OGE
SPB
SPB
Q1 26
Q4 25
5.56×
2.37×
Q3 25
1.72×
3.08×
Q2 25
3.15×
4.11×
Q1 25
0.25×
25.67×
Q4 24
1.27×
-3.08×
Q3 24
1.59×
2.83×
Q2 24
2.47×
13.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

SPB
SPB

HPC Segment$321.5M47%
Global Pet Supplies$168.7M25%
Home And Personal Care$109.8M16%
HG Segment$73.9M11%

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