stockrowONE 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) Gross margin
ONE Gas, Inc.'s gross margin over the twelve months to 30 September 2026 was 63.4%, up 4.6 percentage points from fiscal 2025 (58.9%). Over the past ten years it has ranged from 43.4% (fiscal 2022) to 64.9% (fiscal 2020); the current reading is higher than 64% of that period. That is in line with the Utilities Regulated Gas industry median of 63.3% and above the Utilities sector median of 58.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 58.9% | (3.79) |
| FY2024 | 62.6% | 10.47 |
| FY2023 | 52.2% | 8.77 |
| FY2022 | 43.4% | (13.75) |
| FY2021 | 57.2% | (7.73) |
| FY2020 | 64.9% | 6.51 |
| FY2019 | 58.4% | 2.11 |
| FY2018 | 56.3% | (3.83) |
| FY2017 | 60.1% | (1.95) |
| FY2016 | 62.0% | 7.65 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 81.1% | 3.06 |
| Jun 2026 | 78.1% | 25.39 |
| Mar 2026 | 52.7% | (4.98) |
| Dec 2025 | 57.7% | (22.13) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| SWX Southwest Gas Corporation compare | 86.4% |
| NWN Northwest Natural Gas Company compare | 70.7% |
| SR Spire Inc. compare | 69.2% |
| OGS ONE Gas, Inc. | 63.4% |
| MDU MDU Resources Group, Inc. compare | 58.7% |
| NJR NewJersey Resources Corporation compare | 57.2% |
| UGI UGI Corporation compare | 51.3% |
| CPK Chesapeake Utilities Corporation compare | 0.00% |
| BKH Bright Horizon Energy Corporation compare | 0.00% |
| Utilities Regulated Gas industry median | 63.3% |
| Utilities sector median | 58.0% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on OGS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- 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