OGE Energy (OGE) vs TXNM Energy (TXNM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
TXNM Energy (TXNM) has outperformed OGE Energy (OGE) over the past year, gaining 3.1% versus a gain of 0.6%. Over five years, OGE leads with a +36.6% price change compared with +18.1% for TXNM. OGE Energy is the larger company by market cap ($9.53 billion vs $6.45 billion), about 1.5 times the size, while TXNM Energy is growing revenue faster (+9.9% vs +9.2%).
On valuation, OGE Energy trades at a lower forward P/E (17.7x vs 18.0x for TXNM Energy). OGE Energy offers the higher dividend yield (3.68% vs 2.86%). OGE Energy converts more of its revenue into profit, with a net margin of 14.4% versus 7.8%.
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 | OGE | TXNM |
|---|---|---|
| Share price | $46.11 | $58.58 |
| Market cap | $9.53B | $6.45B |
| 1-day change | +0.48% | +0.12% |
| YTD return | +7.99% | -0.51% |
| 1-year return | +0.57% | +3.10% |
| 5-year return | +36.62% | +18.06% |
| P/E ratio (TTM) | 20.31 | 33.67 |
| Forward P/E | 17.68 | 18.02 |
| EPS (TTM) | $2.27 | $1.74 |
| Dividend yield | 3.68% | 2.86% |
| Annual dividend | $1.70 | $1.68 |
| Revenue (latest FY) | $3.26B | $2.17B |
| Revenue growth (YoY) | +9.21% | +9.86% |
| Net income (latest FY) | $470.70M | $169.83M |
| Gross margin | 61.35% | — |
| Operating margin | 24.52% | 20.37% |
| Net margin | 14.44% | 7.84% |
| 52-week high | $50.59 | $59.53 |
| 52-week low | $41.70 | $55.64 |
| Distance from 52-week high | -8.86% | -1.60% |
| Analyst consensus | buy | none |
| Avg. price target upside | +7.53% | +3.62% |
| Average volume | 1.59M | 1.24M |
| Shares outstanding | 206.58M | 110.13M |
| Employees | 2,248 | 1,755 |
| Sector | Utilities | 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
- TXNM Energy trades at a higher earnings multiple (33.7x vs 20.3x trailing P/E).
- OGE Energy is more profitable, keeping 14.4 cents of every revenue dollar as net income versus 7.8 cents for TXNM Energy.
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
About TXNM Energy
TXNM stock →TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate.
Utilities · Electric Utilities: Central · 1,755 employees
OGE vs TXNM FAQ
Which is bigger, OGE Energy or TXNM Energy?
OGE Energy (OGE) is larger, with a market capitalization of $9.53B compared with $6.45B for TXNM Energy (TXNM).
Which stock has performed better over the past year, OGE or TXNM?
TXNM returned +3.10% over the past 12 months, compared with +0.57% for OGE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, OGE or TXNM?
OGE has the lower trailing P/E at 20.3, versus 33.7 for TXNM. 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, OGE Energy or TXNM Energy?
OGE Energy has the higher yield at 3.68%, compared with 2.86% for TXNM Energy.
Are OGE Energy and TXNM Energy in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.