OGE FY 2015 Earnings Report — OGE Energy Corp. Revenue & Financial Results | Market Cap Arena

OGE Energy Corp.OGE

FY 2015 Earnings

Reported February 26, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$2.2B	—	$2.5B	—	-10.4%
Op. Income	$481M	—	$537M	—	-10.4%
Gross Margin	40.1%	—	37.0%	—	3.1pp
Net Margin	12.3%	—	16.1%	—	-3.8pp
EPS (Diluted)	$1.36	—	$1.98	—	-31.3%
Free Cash Flow	$319M	—	$152M	—	109.7%

Revenue Flow

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.3B
GROSS PROFIT	$880M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$399M
Operating Expenses	$399M
Cost & Expenses	$1.7B
OPERATING INCOME	$481M
Interest Income	$0
Interest Expense	$153M
Other Income/Expenses	-$113M
INCOME BEFORE TAX	$369M
Income Tax Expense	$97M
Net Income from Continuing Ops	$271M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$271M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$271M
D&A	$308M
EBIT	$522M
EBITDA	$830M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.2B
Cost of Revenue	$1.3B
GROSS PROFIT	$880M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$399M
Operating Expenses	$399M
Cost & Expenses	$1.7B
OPERATING INCOME	$481M
Interest Income	$0
Interest Expense	$153M
Other Income/Expenses	-$113M
INCOME BEFORE TAX	$369M
Income Tax Expense	$97M
Net Income from Continuing Ops	$271M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$271M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$271M
D&A	$308M
EBIT	$522M
EBITDA	$830M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$271M
Depreciation & Amortization	$308M
Stock-Based Compensation	$6M
Deferred Income Tax	$103M
Other Non-Cash Items	$53M
Change in Working Capital	$125M
OPERATING CASH FLOW	$867M
Capital Expenditure	-$548M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$45M
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$500M
Net Debt Issuance	-$98M
Common Stock Repurchased	$0
Common Dividends Paid	-$205M
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$296M
FREE CASH FLOW	$319M
Net Change in Cash	$70M

Balance Sheet

Item	Amount
Cash & Equivalents	$75M
Short-Term Investments	$0
Net Receivables	$246M
Inventory	$194M
Other Current Assets	$56M
TOTAL CURRENT ASSETS	$570M
PP&E (Net)	$7.4B
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$1.2B
Tax Assets	$0
Other Non-Current Assets	$423M
TOTAL NON-CURRENT ASSETS	$9.0B
TOTAL ASSETS	$9.6B
Account Payables	$263M
Short-Term Debt	$110M
Deferred Revenue	$77M
Other Current Liabilities	$160M
TOTAL CURRENT LIABILITIES	$753M
Long-Term Debt	$2.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2.2B
Other Non-Current Liabilities	$695M
TOTAL NON-CURRENT LIABILITIES	$5.5B
TOTAL LIABILITIES	$6.3B
Common Stock	$1.1B
Additional Paid-In Capital	$1.1B
Retained Earnings	$2.3B
Treasury Stock	$0
Accum. Other Comp. Income	-$35M
Other Equity	-$1.1B
TOTAL STOCKHOLDERS' EQUITY	$3.3B
Minority Interest	$0
TOTAL EQUITY	$3.3B
TOTAL LIABILITIES & EQUITY	$9.6B
Total Debt	$2.7B
Net Debt	$2.7B