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
−2.86%
EPS
+39.6%
Free cash flow
+511.5%
Total debt
+9.23%

Quarter to June 2026, against a year earlier

79.68 1.14 +1.45%
Market cap
$4.9B
P/E
17.1×
Fwd P/E
16.2×
Dividend yield
3.40%
F-score
6/9
Altman Z
1.02
Beneish M
−2.51
Dividend safety
44/100

ONE Gas, Inc. (OGS) EV/Sales

Alert me on EV/Sales

As of 2 November 2026, ONE Gas, Inc. (OGS) trades at a EV/Sales of 3.3×. Over the past ten years it has ranged from 1.8× (March 2015) to 5.0× (April 2021); the current reading is higher than 58% of that period. That is below the Utilities Regulated Gas industry median of 3.9× and below the Utilities sector median of 4.4×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 3.0× (0.76%)
FY2024 3.0× 9.99%
FY2023 2.7× 3.74%
FY2022 2.6× (42.74%)
FY2021 4.6× 15.98%
FY2020 4.0× (2.61%)
FY2019 4.1× 15.71%
FY2018 3.5× 9.08%
FY2017 3.2× 2.04%
FY2016 3.2× 28.06%

Quarterly newest first

Period EV/Sales Change
Jun 2026 3.2× (6.66%)
Mar 2026 3.4× 15.51%
Dec 2025 3.0× (5.50%)
Sep 2025 3.2× 10.28%
42 more quarters

Against its own ten years

Low 1.8× High 5.0×
Ten-year median 3.2×
Current reading's percentile 54

EV/Sales against peers

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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