Seek Returns

OGE vs. PCG: OGE Energy vs. PG&E Stock Comparison

How do OGE Energy (OGE) and PG&E (PCG) 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

OGE Energy (OGE) and PG&E (PCG) 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 OGE Energy (OGE) and PG&E (PCG)
Profile ItemOGEPCG
NameOGE Energy Corp.PG&E Corporation
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesElectric Utilities
GICS Sub-IndustryElectric UtilitiesElectric Utilities
Market Capitalization10.47 billion USD28.57 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973June 1, 1972
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

OGE
PCG
GSPC
Loading price history…
OGE Energy (OGE) vs. PG&E (PCG), 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

Loading price history…
Trailing total returns for OGE Energy (OGE) and PG&E (PCG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for OGE Energy (OGE) and PG&E (PCG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for OGE Energy (OGE) and PG&E (PCG)
MetricOGEPCG
Total Return (1Y)18.53%-19.03%
Total Return (3Y, Annualized)19.00%-6.50%
Total Return (5Y, Annualized)12.88%2.05%

Risk Profile

Drawdown History

OGE
PCG
GSPC
Loading price history…
OGE Energy (OGE) vs. PG&E (PCG), 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

Loading price history…
Distribution of monthly total returns for OGE Energy (OGE) and PG&E (PCG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for OGE Energy (OGE) and PG&E (PCG)
MetricOGEPCG
Volatility (1Y, Annualized)17.28%34.84%
Beta (5Y)0.470.17
Max Drawdown (5Y)-21.94%-43.92%
Avg. Volume (3M)1.88M39.33M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
OGE and PCG 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 OGE Energy (OGE) and PG&E (PCG)
MetricOGEPCG
Sharpe Ratio (1Y)0.82-0.67
Sortino Ratio (1Y)1.21-0.81

Profitability

ROE (TTM)

Both OGE Energy (OGE) at 11.02% and PG&E (PCG) at 8.89% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

OGE

Utilities industry group

11.02%

Max
17.99%
Q3
12.01%
OGE
11.02%
Median
9.44%
Q1
7.56%
Min
2.17%

PCG

Utilities industry group

8.89%

Max
17.99%
Q3
12.01%
Median
9.44%
PCG
8.89%
Q1
7.56%
Min
2.17%
Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both OGE Energy (OGE) at 16.36% and PG&E (PCG) at 11.57% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

OGE

Utilities industry group

16.36%

Max
28.78%
Q3
17.30%
OGE
16.36%
Median
12.73%
Q1
9.18%
Min
-0.20%

PCG

Utilities industry group

11.57%

Max
28.78%
Q3
17.30%
Median
12.73%
PCG
11.57%
Q1
9.18%
Min
-0.20%
Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

OGE Energy (OGE) at 36.01% operates in the top operating margin quartile, ahead of PG&E (PCG) at 23.64%, which runs around its industry’s norm.

OGE

Utilities industry group

36.01%

Max
53.83%
OGE
36.01%
Q3
31.12%
Median
23.62%
Q1
15.45%
Min
-4.90%

PCG

Utilities industry group

23.64%

Max
53.83%
Q3
31.12%
PCG
23.64%
Median
23.62%
Q1
15.45%
Min
-4.90%
Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for OGE Energy (OGE) and PG&E (PCG)
MetricOGEPCG
ROE (TTM)11.02%8.89%
ROA (TTM)3.69%2.59%
Net Margin (TTM)16.36%11.57%
Operating Margin (TTM)36.01%23.64%
Gross Margin (TTM)45.64%40.57%

Growth

Revenue Growth

OGE Energy (OGE) at 9.21% is around its peer norm for revenue growth, while PG&E (PCG) at 2.11% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both OGE Energy (OGE) at 5.94% and PG&E (PCG) at 2.61% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for OGE Energy (OGE) and PG&E (PCG)
MetricOGEPCG
Revenue Growth (YoY)9.21%2.11%
Revenue Growth (3Y CAGR)-1.15%4.77%
EPS Growth (YoY)5.94%2.61%
EPS Growth (3Y CAGR)-11.26%12.00%

Financial Strength

Current Ratio (MRQ)

Both OGE Energy (OGE) at 0.81 and PG&E (PCG) at 1.03 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

OGE

Utilities industry group

0.81

Max
1.90
Q3
1.17
Median
0.88
OGE
0.81
Q1
0.66
Min
0.29

PCG

Utilities industry group

1.03

Max
1.90
Q3
1.17
PCG
1.03
Median
0.88
Q1
0.66
Min
0.29
Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

OGE Energy (OGE) at 1.12 carries an industry-typical debt-to-equity mix, while PG&E (PCG) at 1.88 uses more debt funding than most peers.

OGE

Utilities industry group

1.12

Max
2.63
Q3
1.77
Median
1.35
OGE
1.12
Q1
0.84
Min
0.00

PCG

Utilities industry group

1.88

Max
2.63
PCG
1.88
Q3
1.77
Median
1.35
Q1
0.84
Min
0.00
Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for OGE Energy (OGE) and PG&E (PCG)
MetricOGEPCG
Current Ratio (MRQ)0.811.03
Debt / Equity (MRQ)1.121.88
Net Debt / EBITDA4.256.05

Dividends

Dividend Yield (TTM)

Both OGE Energy (OGE) at 3.35% and PG&E (PCG) at 1.51% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

OGE

Utilities industry group

3.35%

Max
6.66%
Q3
3.58%
OGE
3.35%
Median
2.85%
Q1
0.66%
Min
0.00%

PCG

Utilities industry group

1.51%

Max
6.66%
Q3
3.58%
Median
2.85%
PCG
1.51%
Q1
0.66%
Min
0.00%
Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

OGE Energy (OGE) at 64.29% keeps its payout within the industry’s typical band; PG&E (PCG) at 14.81% pays out less than peers usually do, retaining more of its earnings — a policy difference more than a quality gap.

OGE

Utilities industry group

64.29%

Max
113.04%
Q3
68.72%
OGE
64.29%
Median
56.38%
Q1
32.38%
Min
0.00%

PCG

Utilities industry group

14.81%

Max
113.04%
Q3
68.72%
Median
56.38%
Q1
32.38%
PCG
14.81%
Min
0.00%
Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for OGE Energy (OGE) and PG&E (PCG)
MetricOGEPCG
Dividend Yield (TTM)3.35%1.51%
Dividend Payout Ratio (TTM)64.29%14.81%

Valuation

P/E Ratio (TTM)

PG&E (PCG) at 9.61 sits in the cheaper P/E ratio quartile, while OGE Energy (OGE) at 19.11 is closer to its industry’s usual earnings multiple — a discount for PCG, though growth and earnings durability still matter.

OGE

Utilities industry group

19.11

Max
31.22
Q3
23.30
Median
19.64
OGE
19.11
Q1
15.17
Min
3.34

PCG

Utilities industry group

9.61

Max
31.22
Q3
23.30
Median
19.64
Q1
15.17
PCG
9.61
Min
3.34
Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

PG&E (PCG) at 1.11 sits in the cheaper P/S ratio quartile while OGE Energy (OGE) at 3.10 prices around its industry’s middle — PCG costs less per dollar of sales, though read it alongside growth and margins.

OGE

Utilities industry group

3.10

Max
6.35
Q3
3.63
OGE
3.10
Median
2.63
Q1
1.52
Min
0.00

PCG

Utilities industry group

1.11

Max
6.35
Q3
3.63
Median
2.63
Q1
1.52
PCG
1.11
Min
0.00
Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

PG&E (PCG) at 0.87 sits in the lower P/B ratio quartile against book while OGE Energy (OGE) at 2.01 is valued near its industry’s middle — PCG is cheaper on assets, though weigh it against ROE and asset quality.

OGE

Utilities industry group

2.01

Max
3.12
Q3
2.21
OGE
2.01
Median
1.83
Q1
1.46
Min
0.34

PCG

Utilities industry group

0.87

Max
3.12
Q3
2.21
Median
1.83
Q1
1.46
PCG
0.87
Min
0.34
Loading chart…
OGE Energy (OGE) vs. PG&E (PCG): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for OGE Energy (OGE) and PG&E (PCG)
MetricOGEPCG
P/E Ratio (TTM)19.119.61
P/S Ratio (TTM)3.101.11
P/B Ratio (MRQ)2.010.87
Free Cash Flow Yield (TTM)0.04%-22.73%