1. United States of America Stocks

  2. •

    Utilities

  3. •

    Regulated Gas
ONE Gas, Inc.

ONE Gas, Inc.

OGS
ONE Gas, Inc.US flagNew York Stock Exchange
77.34
USD
-0.82
- -
4.85BMarket Cap
ONE Gas, Inc.
OGS
(New York Stock Exchange)

Recent

price

77.34

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
35.3
31.49
26.74
32.75
34.74
29.44
27.21
29.31
31
31.25
28.8
33.76
47.56
42.66
36.67
40.35
37.54
Revenue per Share
2.07
1.69
1.87
1.92
2.1
2.26
2.67
3.1
3.27
3.53
3.7
3.85
4.09
4.16
3.92
4.39
4.68
Basic EPS, GAAP
4.53
3.74
3.82
2.99
4.71
7.76
5.54
4.83
8.88
5.87
6.86
-28.66
28.98
16.9
6.48
9.62
8.4
Free Cash Flow per Basic Share
1.06
3.5
1.94
0.29
0.83
1.19
1.4
1.67
1.83
1.99
2.15
2.31
2.47
2.59
2.63
2.67
2.69
Dividend per Share
- -
22.45
22.38
24.01
34.45
35.24
36.12
37.47
38.86
40.35
42.01
43.81
46.69
48.91
51.85
54.87
56.34
Book Value per Share
- -
19.39
19.32
20.95
31.41
32.22
33.1
34.45
35.85
37.36
39.03
40.86
37.99
40.93
44.77
48.62
50.34
Tangible Book Value per Share
51
51
51
52
52
53
52
53
53
53
53
54
54
56
57
60
62
Basic Weighted Avg Shares
1,817
1,621
1,377
1,690
1,819
1,548
1,427
1,540
1,634
1,653
1,530
1,809
2,578
2,372
2,084
2,427
2,312
Sales/Revenue/Turnover
12.41
12.31
15.67
13.04
12.39
15.45
20.24
20.57
17.65
17.86
19.83
17.15
13.57
15.92
19.15
18.85
20.65
Operating Margin (%)
131
132
130
145
126
133
144
152
160
180
195
207
228
280
297
317
309
Depreciation Expense
106
87
97
99
110
119
140
163
172
187
196
206
222
231
223
264
288
Net Income, GAAP
38.67
39.23
38.28
38.57
38.36
38.01
37.83
36.36
23.71
18.66
17.47
16.34
17.34
14.9
14.04
17.8
17.39
Effective Tax Rate (%)
5.86
5.35
7.01
5.87
6.04
7.69
9.82
10.59
10.54
11.3
12.84
11.41
8.6
9.75
10.7
10.88
12.47
Profit Margin (%)
- -
-74
-122
-167
275
179
125
-84
-156
-367
-257
1,244
28
-712
-528
-616
-715
Working Capital
- -
914
1,029
1,029
1,201
1,192
1,192
1,193
1,285
1,286
1,582
3,683
2,662
2,160
2,385
2,356
2,341
LT Debt
- -
1,158
1,155
1,239
1,794
1,842
1,888
1,960
2,043
2,129
2,233
2,350
2,584
2,766
3,105
3,440
3,538
Total Equity
- -
10.38
5.49
5.15
4.77
4.81
5.66
5.91
6.09
6.28
6.06
4.77
4.63
5.45
5.53
5.61
5.85
Return on Invested Capital (%)
- -
10.37
5.6
5.27
4.8
4.82
5.33
5.71
5.92
6.29
6.07
4.77
4.63
5.66
5.71
5.76
5.98
Return on Capital (%)
- -
14.98
8.34
8.29
7.24
6.55
7.51
8.47
8.61
8.95
9
9.01
8.99
8.64
7.59
8.07
8.58
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,018
1,041
1,052
LT Borrowings
2,356
2,340
2,341
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
63
63
63
Market Capitalization
4,843
5,406
4,840

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
916
797
662
Cash, Cash Equivalents & STI
11
11
8
Accounts Receivable, Net
462
405
251
Inventories
274
217
255
Total Current Liabilities
1,532
1,402
1,376
Payables & Accruals
298
209
168
ST Debt
1,018
1,041
1,052
Deferred Revenue
53
55
53

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.5%
9.05%
10.81%
Free Cash Flow
-74.08%
-153.49%
57.12%
Net Income, GAAP
8.51%
6.35%
18.57%
Sales/Revenue/Turnover
5.7%
11.42%
16.5%
Total Cash Common Dividend
9.94%
7.05%
7.53%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
758
354
340
631
2,084
2025
935
424
379
689
2,427
2026
832
412
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.75
0.48
0.34
1.35
3.92
2025
1.99
0.53
0.44
1.43
4.39
2026
2.05
0.74
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.66
0.66
0.66
0.66
2.63
2025
0.67
0.67
0.67
0.67
2.67
2026
0.68
0.68
- -
- -
- -
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Business
ONE Gas, Inc. (NYSE: OGS) operates as a 100% regulated natural gas utility, providing distribution services to approximately 2.3 million residential, commercial, industrial, transportation, and wholesale customers across Kansas, Oklahoma, and Texas; its divisions include Kansas Gas Service, the largest natural gas distributor in Kansas, Oklahoma Natural Gas, the largest in Oklahoma, and Texas Gas Service, the third-largest in Texas by customers served; the company maintains approximately 41,600 miles of distribution mains, 2,400 miles of transmission pipelines, and 61 billion cubic feet of natural gas storage capacity, with major markets encompassing Oklahoma City and Tulsa, Oklahoma; Kansas City, Wichita, and Topeka, Kansas; and Austin and El Paso, Texas. Headquartered in Tulsa, Oklahoma, ONE Gas traces its origins to 1906 as the successor to Oklahoma Natural Gas Company and became a stand-alone entity in 2014 following its spin-off from ONEOK, Inc. Recent developments include a dual listing on NYSE Texas effective November 11, 2025, alongside its primary NYSE trading; a public offering of 2.5 million common shares priced in May 2025 to raise approximately $197.5 million; regulatory approvals for rate increases such as $41.1 million in Oklahoma (with interim rates from June 2025 and customer credits starting February 2026), $7.2 million in Kansas (effective August 2025), and $2.9 million in Texas (effective September 2025); over 450 miles of pipeline replacements in 2024; a 20% increase in storage capacity from pre-Winter Storm Uri levels; and planned 2025 capital investments of about $750 million focused on system integrity, replacements, and $180 million in customer extensions primarily in Texas and Oklahoma.

Company News

Company News APIChatGPT

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