ONE Gas Financial Ratios
NYSE: OGSUtilitiesOil/Gas TransmissionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
ONE Gas ratio analysis
ONE Gas earned a net margin of 10.9% in FY 2025, up from 10.7% a year earlier. Gross margin was 58.8% compared with a median of 60.1% over the prior 7 years. Return on equity reached 7.7%, meaning ONE Gas generated 0.08 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.97 versus 0.77 the year before, and the current ratio was 0.60. At the end of FY 2025, OGS traded at 17.7 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 15.4 to 26.4, with a median of 20.5. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
ONE Gas financial ratios (annual)
| Ratio | FY 2025 | FY 2023 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 17.72 | 17.65 | 15.39 | 18.56 | 20.15 | 20.86 | 26.37 | 23.91 | 23.79 | 24.14 |
| Price / sales | 1.92 | 1.88 | 1.49 | 1.59 | 2.30 | 2.67 | 2.96 | 2.51 | 2.50 | 2.35 |
| Price / book | 1.35 | 1.26 | 1.28 | 1.59 | 1.77 | 1.83 | 2.30 | 2.00 | 1.96 | 1.78 |
| Gross margin | 58.8% | 62.6% | 52.2% | 43.4% | 57.1% | 64.9% | — | — | 60.1% | 62.0% |
| Operating margin | 18.8% | 19.1% | 15.9% | 13.6% | 17.2% | 19.8% | 17.9% | 17.7% | 20.6% | 20.2% |
| Net margin | 10.9% | 10.7% | 9.7% | 8.6% | 11.4% | 12.8% | 11.3% | 10.5% | 10.6% | 9.8% |
| Free cash flow margin | -5.3% | -16.1% | 11.5% | 37.3% | -112.3% | -7.0% | -6.5% | 4.5% | -6.7% | -1.3% |
| Return on equity (ROE) | 7.7% | 7.2% | 8.4% | 8.6% | 8.8% | 8.8% | 8.8% | 8.4% | 8.3% | 7.4% |
| Return on assets (ROA) | 3.0% | 2.6% | 3.0% | 2.9% | 2.5% | 3.3% | 3.3% | 3.1% | 3.1% | 2.8% |
| Debt / equity | 0.97 | 0.77 | 1.06 | 1.03 | 1.57 | 0.71 | 0.60 | 0.63 | 0.61 | 0.63 |
| Current ratio | 0.60 | 0.64 | 0.52 | 1.02 | 2.27 | 0.68 | 0.58 | 0.78 | 0.87 | 1.28 |
| Revenue growth | 16.5% | -12.2% | -8.0% | 42.5% | 18.2% | -7.4% | 1.2% | 6.1% | 7.9% | — |
| EPS growth | 11.8% | -5.6% | 1.5% | 6.0% | 4.6% | 4.8% | 8.0% | 5.5% | 16.2% | 18.3% |