AES (AES) vs OGE Energy (OGE)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
AES (AES) has outperformed OGE Energy (OGE) over the past year, gaining 3.7% versus a loss of 0.2%. Over five years, OGE leads with a +36.0% price change compared with -38.8% for AES. AES is the larger company by market cap ($10.65 billion vs $9.48 billion), about 1.1 times the size, while OGE Energy is growing revenue faster (+9.2% vs -0.4%).
On valuation, AES trades at a lower forward P/E (6.3x vs 17.6x for OGE Energy). AES offers the higher dividend yield (4.72% vs 3.70%). OGE Energy converts more of its revenue into profit, with a net margin of 14.4% versus 7.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AES | OGE |
|---|---|---|
| Share price | $14.93 | $45.89 |
| Market cap | $10.65B | $9.48B |
| 1-day change | 0.00% | +0.11% |
| YTD return | +4.11% | +7.47% |
| 1-year return | +3.68% | -0.15% |
| 5-year return | -38.84% | +35.97% |
| P/E ratio (TTM) | 5.59 | 20.22 |
| Forward P/E | 6.30 | 17.60 |
| EPS (TTM) | $2.67 | $2.27 |
| Dividend yield | 4.72% | 3.70% |
| Annual dividend | $0.704 | $1.70 |
| Revenue (latest FY) | $12.23B | $3.26B |
| Revenue growth (YoY) | -0.37% | +9.21% |
| Net income (latest FY) | $910.00M | $470.70M |
| Gross margin | 18.07% | 61.35% |
| Operating margin | — | 24.52% |
| Net margin | 7.44% | 14.44% |
| 52-week high | $17.65 | $50.59 |
| 52-week low | $13.21 | $41.70 |
| Distance from 52-week high | -15.41% | -9.29% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +0.47% | +8.04% |
| Average volume | 7.82M | 1.58M |
| Shares outstanding | 713.44M | 206.58M |
| Employees | 8,336 | 2,248 |
| Sector | Industrials | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- OGE Energy trades at a higher earnings multiple (20.2x vs 5.6x trailing P/E).
- AES offers a meaningfully higher dividend yield (4.72% vs 3.70%).
- OGE Energy is more profitable, keeping 14.4 cents of every revenue dollar as net income versus 7.4 cents for AES.
- OGE Energy grew revenue faster in its latest fiscal year (+9.21% vs -0.37%).
- The two companies sit in different sectors: AES in Industrials and OGE Energy in Utilities.
About AES
AES stock →The AES Corporation, together with its subsidiaries, operates as a power generation and utility company. It operates through four segments: Renewables, Utilities, Energy Infrastructure, and New Energy Technologies.
Industrials · Electric Utilities: Central · 8,336 employees
About OGE Energy
OGE stock →OGE Energy Corp., through its subsidiaries, generates, transmits, distributes, and sells electric energy in the United States. It owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets.
Utilities · Electric Utilities: Central · 2,248 employees
AES vs OGE FAQ
Which is bigger, AES or OGE Energy?
AES (AES) is larger, with a market capitalization of $10.65B compared with $9.48B for OGE Energy (OGE).
Which stock has performed better over the past year, AES or OGE?
AES returned +3.68% over the past 12 months, compared with -0.15% for OGE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AES or OGE?
AES has the lower trailing P/E at 5.6, versus 20.2 for OGE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AES or OGE Energy?
AES has the higher yield at 4.72%, compared with 3.70% for OGE Energy.
Are AES and OGE Energy in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Industrials sector.