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Wisconsin Electric Power vs OGE Energy: WELPP and OGE compared
Wisconsin Electric Power is the larger company: $1.4B of revenue in its latest quarter (Q3 2026) against $1.2B for OGE Energy (Q3 2026). Wisconsin Electric Power is growing faster (+14% against +13% a year earlier). OGE Energy is more profitable, with an operating margin of 36.2% against 29.1%.
Where the money goes: WELPP and OGE
Wisconsin Electric Power (WELPP) · Q3 2026
Wisconsin Electric Power, Q3 2026: revenue $1.4B (+14% year over year), operating margin 29.1%, net earnings $252M, operating cash flow $546M. The chart follows the revenue to costs, profit and cash.
OGE Energy (OGE) · Q3 2026
OGE Energy, Q3 2026: revenue $1.2B (+13% year over year), operating margin 36.2%, net earnings $316M, operating cash flow $383M. The chart follows the revenue to costs, profit and cash.
| Wisconsin Electric Power (WELPP) | OGE Energy (OGE) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.4B | $1.2B |
| Revenue growth, Y/Y | +14% | +13% |
| Operating margin | 29.1% | 36.2% |
| Net earnings | $252M | $316M |
| Net margin | 18.4% | 26.7% |
| Operating cash flow | $546M | $383M |
| Free cash flow | — | $103M |
| Market value | $2.1B | $10.5B |
| P/E | 2.8× | 22.9× |
| Analysts’ mean target | — | $50.33 |
Questions
Which is bigger, Wisconsin Electric Power or OGE Energy?
Wisconsin Electric Power is the larger company: $1.4B of revenue in its latest quarter (Q3 2026) against $1.2B for OGE Energy (Q3 2026).
Is Wisconsin Electric Power or OGE Energy growing faster?
Wisconsin Electric Power is growing faster (+14% against +13% a year earlier).
Which is more profitable, Wisconsin Electric Power or OGE Energy?
OGE Energy is more profitable, with an operating margin of 36.2% against 29.1%.
More: Wisconsin Electric Power earnings · how Wisconsin Electric Power makes money · OGE Energy earnings · how OGE Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 30, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.