OGS · One Gas, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $393.58M | - | $76.61M | $117.94M | $512.46M | - | $59.63M | $71.96M | - | $70.91M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $189.59M | - | $65.38M | $71.86M | $180.50M | - | $59.45M | $69.42M | - | $57.20M |
| Interest Expense | $32.36M | - | $35.37M | $35.28M | $35.70M | - | $39.15M | $36.97M | - | $27.96M |
| Income Tax | $26.46M | - | $5.91M | $7.12M | $25.90M | - | $4.01M | $6.04M | - | $4.11M |
| Net Income | $128.67M | - | $26.47M | $32.03M | $119.42M | - | $19.27M | $27.24M | - | $25.19M |
| EPS - Basic | $2.05 | - | $0.44 | $0.53 | $1.99 | - | $0.34 | $0.48 | - | $0.45 |
| EPS - Diluted | $2.04 | - | $0.44 | $0.53 | $1.98 | - | $0.34 | $0.48 | - | $0.45 |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $11.35M | $10.62M | $9.05M | $20.55M | $19.30M | $57.99M | $18.80M | $10.74M | $18.84M | $9.19M |
| Accounts Receivable | $405.16M | $461.63M | $210.17M | $263.07M | $446.81M | $408.45M | $176.25M | $193.26M | $347.86M | $177.47M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $137.59M | $222.10M | $121.07M | $130.97M | $175.90M | $261.32M | $146.82M | $164.96M | $278.06M | $168.65M |
| Current Assets | $796.64M | $915.88M | $679.21M | $681.28M | $756.24M | $929.88M | $690.50M | $600.23M | $765.20M | $564.37M |
| Total Assets | $8.83B | $8.85B | $8.50B | $8.36B | $8.33B | $8.43B | $8.04B | $7.83B | $7.77B | $7.43B |
| Current Liabilities | $1.40B | $1.53B | $1.45B | $1.30B | $1.28B | $1.46B | $1.39B | $1.46B | $1.48B | $1.57B |
| Long-term Debt | $2.34B | $2.36B | $2.36B | $2.37B | $2.37B | $2.39B | $2.38B | $2.15B | $2.16B | $1.86B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $3.53B | $3.44B | $3.18B | $3.18B | $3.19B | $3.10B | $2.81B | $2.83B | $2.77B | $2.65B |
| Retained Earnings | $994.84M | $909.36M | $863.78M | $879.87M | $888.45M | $809.61M | $770.42M | $788.98M | $737.74M | $703.36M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $176.31M | - | - | - | $277.46M | - | - | $108.26M | - | - |
| Investing Cash Flow | ($154.10M) | - | - | - | ($167.84M) | - | - | ($165.98M) | - | - |
| Financing Cash Flow | ($32.95M) | - | - | - | ($159.96M) | - | - | $39.80M | - | - |
| CapEx | $156.53M | - | - | - | $166.60M | - | - | $166.75M | - | - |
| Free Cash Flow | $19.78M | - | - | - | $110.86M | - | - | ($58.49M) | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 0.15 | - | - | - | 0.93 | - | - | -2.15 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 17.1% | - | 18.2% | 18.2% | 17.8% | - | 17.2% | 18.2% | - | 14.0% |
| Return on assets | 1.5% | - | 0.3% | 0.4% | 1.4% | - | 0.2% | 0.3% | - | 0.3% |
| Return on equity | 3.6% | - | 0.8% | 1.0% | 3.7% | - | 0.7% | 1.0% | - | 1.0% |
| Return on invested capital | 2.7% | - | 1.0% | 1.1% | 2.7% | - | 0.9% | 1.1% | - | 1.1% |
| Liquidity | ||||||||||
| Current ratio | 0.57 | 0.60 | 0.47 | 0.52 | 0.59 | 0.64 | 0.50 | 0.41 | 0.52 | 0.36 |
| Quick ratio | 0.57 | 0.60 | 0.47 | 0.52 | 0.59 | 0.64 | 0.50 | 0.41 | 0.52 | 0.36 |
| Cash ratio | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.04 | 0.01 | 0.01 | 0.01 | 0.01 |
| Leverage | ||||||||||
| Debt / Equity | 0.66 | 0.68 | 0.74 | 0.74 | 0.74 | 0.77 | 0.85 | 0.76 | 0.78 | 0.70 |
| Debt / Assets | 0.27 | 0.27 | 0.28 | 0.28 | 0.28 | 0.28 | 0.30 | 0.27 | 0.28 | 0.25 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 5.9x | - | 1.8x | 2.0x | 5.1x | - | 1.5x | 1.9x | - | 2.0x |
| Equity multiplier | 2.50 | 2.57 | 2.67 | 2.63 | 2.61 | 2.71 | 2.86 | 2.77 | 2.81 | 2.81 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 128d | - | 577d | 405d | 125d | - | 899d | 837d | - | 868d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 42.2x | - | 184.0x | 135.6x | 38.2x | - | 218.9x | 133.0x | - | 151.7x |
| P / B | 1.5x | - | 1.5x | 1.4x | 1.4x | - | 1.5x | 1.3x | - | 1.4x |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 5.0% | - | 10.0% | - | 160.0% | - | 3.9% | 8.4% | - | 21.6% |
| Net income growth (YoY) | 7.7% | - | 37.4% | - | 338.3% | - | -23.5% | -16.7% | - | 6.3% |
| EPS growth (YoY) | 3.0% | - | 29.4% | - | 312.5% | - | -24.4% | -17.2% | - | 2.3% |
| EPS CAGR (3y) | 52.1% | - | 0.0% | -3.5% | 2.7% | - | -3.6% | -35.5% | - | 4.9% |
| EPS CAGR (5y) | 2.6% | - | 2.4% | 2.0% | 2.9% | - | 0.6% | -22.9% | - | 7.7% |
| FCF growth (YoY) | -82.2% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | 9.9% | - | - | - | - | - |
| Book value growth (YoY) | 10.7% | 10.8% | 13.1% | - | 12.7% | 12.2% | 6.3% | 6.5% | 7.0% | 8.2% |
Peer comparison
Same SIC group: Natural Gas Distribution
Comparing ONE Gas against the 5 most active filers in the same SIC group.
Dividends
$2.70/share trailing 12 months · +1.5% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.6800 |
| Feb 20, 2026 | $0.6800 |
| Nov 14, 2025 | $0.6700 |
| Aug 18, 2025 | $0.6700 |
| May 19, 2025 | $0.6700 |
| Feb 21, 2025 | $0.6700 |
| Nov 19, 2024 | $0.6600 |
| Aug 14, 2024 | $0.6600 |
| May 17, 2024 | $0.6600 |
| Feb 22, 2024 | $0.6600 |
| Nov 14, 2023 | $0.6500 |
| Aug 15, 2023 | $0.6500 |
| May 16, 2023 | $0.6500 |
| Feb 23, 2023 | $0.6500 |
| Nov 14, 2022 | $0.6200 |
| Aug 12, 2022 | $0.6200 |
| May 13, 2022 | $0.6200 |
| Feb 24, 2022 | $0.6200 |
| Nov 12, 2021 | $0.5800 |
| Aug 12, 2021 | $0.5800 |
| May 14, 2021 | $0.5800 |
| Feb 18, 2021 | $0.5800 |
| Nov 13, 2020 | $0.5400 |
| Aug 13, 2020 | $0.5400 |