ONE Gas Financial Statements
NYSE: OGSUtilitiesOil/Gas TransmissionUSD
Market open · Delayed 15 min · as of Oct 8, 12:05 PM ET
ONE Gas revenue and earnings
In fiscal 2025, ONE Gas generated $2.43 billion in revenue, up 16.5% from fiscal 2023. Net income was $264.2 million (+18.6% year over year), for a net margin of 10.9% versus a median of 10.7% in the prior 5 years. Gross margin was 58.8% (down from 62.6%) and operating margin 18.8%.
Diluted earnings per share came in at $4.37, up from $3.91. Over the last 5 fiscal years, OGS's revenue has grown at a 9.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
ONE Gas income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20232024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.43B | 2.08B | 2.37B | 2.58B | 1.81B | 1.53B | 1.65B | 1.63B | 1.54B | 1.43B |
| Revenue growth (YoY) | +16.50% | -12.16% | -7.99% | +42.54% | +18.19% | -7.41% | +1.16% | +6.11% | +7.88% | — |
| Cost of Revenue | 998.91M | 778.33M | 1.13B | 1.46B | 775.01M | 537.45M | — | — | — | — |
| Gross Profit | 1.43B | 1.31B | 1.24B | 1.12B | 1.03B | 992.82M | — | — | 925.13M | 885.43M |
| Operating Expenses | 971.05M | 906.33M | 859.89M | 768.96M | 723.33M | 689.31M | — | — | 608.40M | 596.49M |
| Operating Income | 457.47M | 398.90M | 377.59M | 349.96M | 310.26M | 303.52M | 295.26M | 288.43M | 316.73M | 288.95M |
| Interest Expense | 142.81M | 147.24M | 115.34M | 77.51M | 60.30M | 62.51M | 62.68M | 51.30M | 46.06M | 43.74M |
| Other Income (Expense) | 6.80M | 7.57M | 9.48M | -4.18M | -3.21M | -3.02M | -2.98M | -11.36M | -14.53M | -19.87M |
| Pretax Income | 321.46M | 259.24M | 271.73M | 268.27M | 246.75M | 237.99M | 229.60M | 225.76M | 256.14M | 225.34M |
| Income Tax | 57.23M | 36.39M | 40.49M | 46.53M | 40.32M | 41.58M | 42.85M | 53.53M | 93.14M | 85.24M |
| Net Income | 264.22M | 222.85M | 231.23M | 221.74M | 206.43M | 196.41M | 186.75M | 172.23M | 163.00M | 140.09M |
| Net Income growth (YoY) | +18.57% | -3.62% | +4.28% | +7.42% | +5.10% | +5.17% | +8.43% | +5.67% | +16.35% | +17.70% |
| EPS (Basic) | 4.39 | 3.92 | 4.16 | 4.09 | 3.85 | 3.70 | 3.53 | 3.27 | 3.10 | 2.67 |
| EPS (Diluted) | 4.37 | 3.91 | 4.14 | 4.08 | 3.85 | 3.68 | 3.51 | 3.25 | 3.08 | 2.65 |
| Shares Outstanding (Basic) | 60.16M | 56.83M | 55.60M | 54.21M | 53.58M | 53.13M | 52.90M | 52.69M | 52.53M | 52.45M |
| Shares Outstanding (Diluted) | 60.51M | 57.03M | 55.86M | 54.34M | 53.67M | 53.37M | 53.24M | 53.03M | 52.98M | 52.96M |
| Gross Margin | 58.85% | 62.64% | 52.17% | 43.40% | 57.15% | 64.88% | — | — | 60.09% | 62.04% |
| Operating Margin | 18.85% | 19.15% | 15.92% | 13.57% | 17.15% | 19.83% | 17.86% | 17.65% | 20.57% | 20.25% |
| Net Margin | 10.88% | 10.70% | 9.75% | 8.60% | 11.41% | 12.84% | 11.30% | 10.54% | 10.59% | 9.82% |
This table shows 10 annual periods of ONE Gas's income statement, from FY 2025 back to FY 2016, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow OGS's reporting calendar. What is a income statement?