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Side-by-side financial comparison of OGE ENERGY CORP. (OGE) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.

ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $752.6M, roughly 1.2× OGE ENERGY CORP.). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 6.7%, a 22.8% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs 0.7%). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% CAGR vs 8.1%).

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...

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

OGE vs ZION — Head-to-Head

Bigger by revenue
ZION
ZION
1.2× larger
ZION
$891.0M
$752.6M
OGE
Growing faster (revenue YoY)
ZION
ZION
+8.0% gap
ZION
8.7%
0.7%
OGE
Higher net margin
ZION
ZION
22.8% more per $
ZION
29.5%
6.7%
OGE
Faster 2-yr revenue CAGR
ZION
ZION
Annualised
ZION
9.6%
8.1%
OGE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OGE
OGE
ZION
ZION
Revenue
$752.6M
$891.0M
Net Profit
$50.2M
$263.0M
Gross Margin
Operating Margin
15.0%
Net Margin
6.7%
29.5%
Revenue YoY
0.7%
8.7%
Net Profit YoY
-19.9%
21.8%
EPS (diluted)
$1.77

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
ZION
ZION
Q1 26
$752.6M
Q4 25
$701.7M
$891.0M
Q3 25
$1.0B
$861.0M
Q2 25
$719.7M
$838.0M
Q1 25
$741.1M
$795.0M
Q4 24
$744.7M
$820.0M
Q3 24
$945.2M
$792.0M
Q2 24
$644.1M
$777.0M
Net Profit
OGE
OGE
ZION
ZION
Q1 26
$50.2M
Q4 25
$69.2M
$263.0M
Q3 25
$231.3M
$222.0M
Q2 25
$107.5M
$244.0M
Q1 25
$62.7M
$170.0M
Q4 24
$101.9M
$216.0M
Q3 24
$218.7M
$214.0M
Q2 24
$102.3M
$201.0M
Gross Margin
OGE
OGE
ZION
ZION
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
OGE
OGE
ZION
ZION
Q1 26
15.0%
Q4 25
19.7%
Q3 25
33.2%
Q2 25
25.9%
Q1 25
18.0%
Q4 24
24.5%
Q3 24
33.1%
Q2 24
27.3%
Net Margin
OGE
OGE
ZION
ZION
Q1 26
6.7%
Q4 25
9.9%
29.5%
Q3 25
22.5%
25.8%
Q2 25
14.9%
29.1%
Q1 25
8.5%
21.4%
Q4 24
13.7%
26.3%
Q3 24
23.1%
27.0%
Q2 24
15.9%
25.9%
EPS (diluted)
OGE
OGE
ZION
ZION
Q1 26
Q4 25
$0.34
$1.77
Q3 25
$1.14
$1.48
Q2 25
$0.53
$1.63
Q1 25
$0.31
$1.13
Q4 24
$0.50
$1.34
Q3 24
$1.09
$1.37
Q2 24
$0.51
$1.28

Balance Sheet & Financial Strength

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

Metric
OGE
OGE
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$7.2B
Total Assets
$89.0B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OGE
OGE
ZION
ZION
Q1 26
Q4 25
$200.0K
Q3 25
$300.0K
Q2 25
$500.0K
Q1 25
$26.9M
Q4 24
$600.0K
Q3 24
$9.9M
Q2 24
$100.0K
Total Debt
OGE
OGE
ZION
ZION
Q1 26
Q4 25
$5.4B
$1.5B
Q3 25
$1.5B
Q2 25
$970.0M
Q1 25
$964.0M
Q4 24
$5.1B
$950.0M
Q3 24
$548.0M
Q2 24
$546.0M
Stockholders' Equity
OGE
OGE
ZION
ZION
Q1 26
Q4 25
$5.0B
$7.2B
Q3 25
$4.8B
$6.9B
Q2 25
$4.6B
$6.6B
Q1 25
$4.6B
$6.3B
Q4 24
$4.6B
$6.1B
Q3 24
$4.6B
$6.4B
Q2 24
$4.5B
$6.0B
Total Assets
OGE
OGE
ZION
ZION
Q1 26
Q4 25
$14.4B
$89.0B
Q3 25
$14.3B
$88.5B
Q2 25
$14.1B
$88.9B
Q1 25
$14.0B
$88.0B
Q4 24
$13.7B
$88.8B
Q3 24
$13.5B
$87.0B
Q2 24
$13.2B
$87.6B
Debt / Equity
OGE
OGE
ZION
ZION
Q1 26
Q4 25
1.08×
0.21×
Q3 25
0.21×
Q2 25
0.15×
Q1 25
0.15×
Q4 24
1.09×
0.16×
Q3 24
0.09×
Q2 24
0.09×

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
ZION
ZION
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$952.0M
FCF MarginFCF / Revenue
106.8%
Capex IntensityCapex / Revenue
13.6%
Cash ConversionOCF / Net Profit
4.08×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OGE
OGE
ZION
ZION
Q1 26
Q4 25
$384.8M
$1.1B
Q3 25
$397.8M
$438.0M
Q2 25
$338.6M
$-62.0M
Q1 25
$15.9M
$179.0M
Q4 24
$129.6M
$1.1B
Q3 24
$347.1M
$119.0M
Q2 24
$253.1M
$251.0M
Free Cash Flow
OGE
OGE
ZION
ZION
Q1 26
Q4 25
$83.1M
$952.0M
Q3 25
$168.3M
$413.0M
Q2 25
$64.9M
$-93.0M
Q1 25
$-233.6M
$152.0M
Q4 24
$-167.0M
$1.1B
Q3 24
$103.0M
$97.0M
Q2 24
$-70.2M
$234.0M
FCF Margin
OGE
OGE
ZION
ZION
Q1 26
Q4 25
11.8%
106.8%
Q3 25
16.4%
48.0%
Q2 25
9.0%
-11.1%
Q1 25
-31.5%
19.1%
Q4 24
-22.4%
128.2%
Q3 24
10.9%
12.2%
Q2 24
-10.9%
30.1%
Capex Intensity
OGE
OGE
ZION
ZION
Q1 26
Q4 25
43.0%
13.6%
Q3 25
22.3%
2.9%
Q2 25
38.0%
3.7%
Q1 25
33.7%
3.4%
Q4 24
39.8%
11.8%
Q3 24
25.8%
2.8%
Q2 24
50.2%
2.2%
Cash Conversion
OGE
OGE
ZION
ZION
Q1 26
Q4 25
5.56×
4.08×
Q3 25
1.72×
1.97×
Q2 25
3.15×
-0.25×
Q1 25
0.25×
1.05×
Q4 24
1.27×
5.31×
Q3 24
1.59×
0.56×
Q2 24
2.47×
1.25×

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%

ZION
ZION

Segment breakdown not available.

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