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NEE vs. OGE: NextEra Energy vs. OGE Energy Stock Comparison

How do NextEra Energy (NEE) and OGE Energy (OGE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

NextEra Energy (NEE) and OGE Energy (OGE) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.

Company profile comparison for NextEra Energy (NEE) and OGE Energy (OGE)
Profile ItemNEEOGE
NameNextEra Energy Inc.OGE Energy Corp.
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesElectric Utilities
GICS Sub-IndustryElectric UtilitiesElectric Utilities
Market Capitalization182.36 billion USD10.47 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973February 21, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

NEE
OGE
GSPC
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NextEra Energy (NEE) vs. OGE Energy (OGE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for NextEra Energy (NEE) and OGE Energy (OGE). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for NextEra Energy (NEE) and OGE Energy (OGE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for NextEra Energy (NEE) and OGE Energy (OGE)
MetricNEEOGE
Total Return (1Y)7.27%18.53%
Total Return (3Y, Annualized)20.47%19.00%
Total Return (5Y, Annualized)3.34%12.88%

Risk Profile

Drawdown History

NEE
OGE
GSPC
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NextEra Energy (NEE) vs. OGE Energy (OGE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for NextEra Energy (NEE) and OGE Energy (OGE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for NextEra Energy (NEE) and OGE Energy (OGE)
MetricNEEOGE
Volatility (1Y, Annualized)21.60%17.28%
Beta (5Y)0.590.47
Max Drawdown (5Y)-44.97%-21.94%
Avg. Volume (3M)11.90M1.88M

Risk-Adjusted Performance

Risk-Return Positioning

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NEE and OGE are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for NextEra Energy (NEE) and OGE Energy (OGE)
MetricNEEOGE
Sharpe Ratio (1Y)0.140.82
Sortino Ratio (1Y)0.211.21

Profitability

ROE (TTM)

NextEra Energy (NEE) at 14.06% sits in the top ROE quartile, while OGE Energy (OGE) at 11.02% is closer to the peer norm — stronger capital efficiency for NEE.

NEE

Utilities industry group

14.06%

Max
17.99%
NEE
14.06%
Q3
12.01%
Median
9.44%
Q1
7.56%
Min
2.17%

OGE

Utilities industry group

11.02%

Max
17.99%
Q3
12.01%
OGE
11.02%
Median
9.44%
Q1
7.56%
Min
2.17%
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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

NextEra Energy (NEE) at 40.37% converts revenue to bottom-line profit above its industry’s benchmark range, while OGE Energy (OGE) at 16.36% keeps roughly the typical share for its industry.

NEE

Utilities industry group

40.37%

NEE
40.37%
Max
28.78%
Q3
17.30%
Median
12.73%
Q1
9.18%
Min
-0.20%

OGE

Utilities industry group

16.36%

Max
28.78%
Q3
17.30%
OGE
16.36%
Median
12.73%
Q1
9.18%
Min
-0.20%
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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both NextEra Energy (NEE) at 33.00% and OGE Energy (OGE) at 36.01% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

NEE

Utilities industry group

33.00%

Max
53.83%
NEE
33.00%
Q3
31.12%
Median
23.62%
Q1
15.45%
Min
-4.90%

OGE

Utilities industry group

36.01%

Max
53.83%
OGE
36.01%
Q3
31.12%
Median
23.62%
Q1
15.45%
Min
-4.90%
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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for NextEra Energy (NEE) and OGE Energy (OGE)
MetricNEEOGE
ROE (TTM)14.06%11.02%
ROA (TTM)2.41%3.69%
Net Margin (TTM)40.37%16.36%
Operating Margin (TTM)33.00%36.01%
Gross Margin (TTM)60.17%45.64%

Growth

Revenue Growth

Both NextEra Energy (NEE) at 10.74% and OGE Energy (OGE) at 9.21% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both NextEra Energy (NEE) at -2.63% and OGE Energy (OGE) at 5.94% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for NextEra Energy (NEE) and OGE Energy (OGE)
MetricNEEOGE
Revenue Growth (YoY)10.74%9.21%
Revenue Growth (3Y CAGR)9.36%-1.15%
EPS Growth (YoY)-2.63%5.94%
EPS Growth (3Y CAGR)16.28%-11.26%

Financial Strength

Current Ratio (MRQ)

OGE Energy (OGE) at 0.81 keeps current ratio within its industry’s typical mid-range, while NextEra Energy (NEE) at 0.53 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NEE.

NEE

Utilities industry group

0.53

Max
1.90
Q3
1.17
Median
0.88
Q1
0.66
NEE
0.53
Min
0.29

OGE

Utilities industry group

0.81

Max
1.90
Q3
1.17
Median
0.88
OGE
0.81
Q1
0.66
Min
0.29
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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Both NextEra Energy (NEE) at 1.53 and OGE Energy (OGE) at 1.12 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

NEE

Utilities industry group

1.53

Max
2.63
Q3
1.77
NEE
1.53
Median
1.35
Q1
0.84
Min
0.00

OGE

Utilities industry group

1.12

Max
2.63
Q3
1.77
Median
1.35
OGE
1.12
Q1
0.84
Min
0.00
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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for NextEra Energy (NEE) and OGE Energy (OGE)
MetricNEEOGE
Current Ratio (MRQ)0.530.81
Debt / Equity (MRQ)1.531.12
Net Debt / EBITDA8.094.25

Dividends

Dividend Yield (TTM)

Both NextEra Energy (NEE) at 2.76% and OGE Energy (OGE) at 3.35% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

NEE

Utilities industry group

2.76%

Max
6.66%
Q3
3.58%
Median
2.85%
NEE
2.76%
Q1
0.66%
Min
0.00%

OGE

Utilities industry group

3.35%

Max
6.66%
Q3
3.58%
OGE
3.35%
Median
2.85%
Q1
0.66%
Min
0.00%
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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Both NextEra Energy (NEE) at 43.89% and OGE Energy (OGE) at 64.29% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

NEE

Utilities industry group

43.89%

Max
113.04%
Q3
68.72%
Median
56.38%
NEE
43.89%
Q1
32.38%
Min
0.00%

OGE

Utilities industry group

64.29%

Max
113.04%
Q3
68.72%
OGE
64.29%
Median
56.38%
Q1
32.38%
Min
0.00%
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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for NextEra Energy (NEE) and OGE Energy (OGE)
MetricNEEOGE
Dividend Yield (TTM)2.76%3.35%
Dividend Payout Ratio (TTM)43.89%64.29%

Valuation

P/E Ratio (TTM)

Both NextEra Energy (NEE) at 15.67 and OGE Energy (OGE) at 19.11 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

NEE

Utilities industry group

15.67

Max
31.22
Q3
23.30
Median
19.64
NEE
15.67
Q1
15.17
Min
3.34

OGE

Utilities industry group

19.11

Max
31.22
Q3
23.30
Median
19.64
OGE
19.11
Q1
15.17
Min
3.34
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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

OGE Energy (OGE) at 3.10 is priced about in line with its industry on P/S ratio, while NextEra Energy (NEE) at 6.33 sits in the pricier quartile — NEE costs more per dollar of sales.

NEE

Utilities industry group

6.33

Max
6.35
NEE
6.33
Q3
3.63
Median
2.63
Q1
1.52
Min
0.00

OGE

Utilities industry group

3.10

Max
6.35
Q3
3.63
OGE
3.10
Median
2.63
Q1
1.52
Min
0.00
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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

OGE Energy (OGE) at 2.01 is valued about in line with its industry on P/B ratio, while NextEra Energy (NEE) at 2.97 carries an above-peer premium to book — NEE is pricier on assets.

NEE

Utilities industry group

2.97

Max
3.12
NEE
2.97
Q3
2.21
Median
1.83
Q1
1.46
Min
0.34

OGE

Utilities industry group

2.01

Max
3.12
Q3
2.21
OGE
2.01
Median
1.83
Q1
1.46
Min
0.34
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NextEra Energy (NEE) vs. OGE Energy (OGE): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for NextEra Energy (NEE) and OGE Energy (OGE)
MetricNEEOGE
P/E Ratio (TTM)15.6719.11
P/S Ratio (TTM)6.333.10
P/B Ratio (MRQ)2.972.01
Free Cash Flow Yield (TTM)-11.63%0.04%