ONE Gas, Inc.
OGS Utilities Utilities Regulated Gas
ONE Gas, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.4 billion, up 16.5% from fiscal 2024.
- Revenue
- +3.21%
- EPS
- +12.6%
- Free cash flow
- +12.7%
- Total debt
- +2.25%
Quarter to September 2026, against a year earlier
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ONE Gas, Inc. (OGS) EV/EBITDA
As of 5 November 2026, ONE Gas, Inc. (OGS) trades at a EV/EBITDA of 9.8×. Over the past ten years it has ranged from 8.3× (May 2024) to 17.3× (March 2022); the current reading is higher than 26% of that period. That is below the Utilities Regulated Gas industry median of 12.2× and below the Utilities sector median of 12.3×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 9.3× | 3.37% |
| FY2024 | 9.0× | (8.69%) |
| FY2023 | 9.9× | (16.02%) |
| FY2022 | 11.8× | (26.99%) |
| FY2021 | 16.1× | 32.02% |
| FY2020 | 12.2× | (13.94%) |
| FY2019 | 14.2× | 10.38% |
| FY2018 | 12.8× | 20.94% |
| FY2017 | 10.6× | 1.66% |
| FY2016 | 10.4× | 1.55% |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Sep 2026 | 9.0× | (4.97%) |
| Jun 2026 | 9.5× | (8.07%) |
| Mar 2026 | 10.3× | 10.46% |
| Dec 2025 | 9.3× | (5.96%) |
| 43 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| UGI UGI Corporation compare | 8.3× |
| OGS ONE Gas, Inc. | 9.8× |
| NWN Northwest Natural Gas Company compare | 10.0× |
| SWX Southwest Gas Corporation compare | 11.9× |
| NJR NewJersey Resources Corporation compare | 12.2× |
| MDU MDU Resources Group, Inc. compare | 12.2× |
| SR Spire Inc. compare | 12.3× |
| BKH Bright Horizon Energy Corporation compare | 12.3× |
| CPK Chesapeake Utilities Corporation compare | 13.7× |
| Utilities Regulated Gas industry median | 12.2× |
| Utilities sector median | 12.3× |
| Market median | 10.9× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on OGS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement