Friday 6 November 2026 Export OGS’s income statement to Excel — free account

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

Dividend growth 10 yrs

80.18 1.67 −2.04%

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Market cap: $5.1B
P/E: 17.3×
Fwd P/E: 16.2×
Dividend yield: 3.32%
F-score: 6/9
Altman Z: 1.02
Beneish M: −2.51
Dividend safety: 44/100

Overview

ONE Gas, Inc. (OGS) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, ONE Gas, Inc. (OGS) trades at a P/B ratio of 1.5×. Over the past ten years it has ranged from 1.1× (March 2015) to 2.4× (September 2019); the current reading is higher than 28% of that period. That is below the Utilities Regulated Gas industry median of 1.6× and below the Utilities sector median of 1.7×.

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<iframe src="https://stockrow.com/embed/OGS/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="ONE Gas, Inc. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/OGS/metrics/pb-ratio">ONE Gas, Inc. (OGS) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	1.4×	6.58%
FY2024	1.3×	(2.52%)
FY2023	1.3×	(18.75%)
FY2022	1.6×	(9.54%)
FY2021	1.8×	(3.13%)
FY2020	1.8×	(21.42%)
FY2019	2.3×	13.19%
FY2018	2.1×	6.03%
FY2017	1.9×	9.43%
FY2016	1.8×	23.55%

Period	P/B ratio	Change
Sep 2026	1.3×	(6.42%)
Jun 2026	1.4×	(10.76%)
Mar 2026	1.5×	13.76%
Dec 2025	1.4×	(11.74%)
43 more quarters	Free account

Against its own ten years

Low 1.1× High 2.4×

Ten-year median 1.7×

Current reading's percentile 21

Company	P/B ratio
MDU MDU Resources Group, Inc. compare	1.3×
NWN Northwest Natural Gas Company compare	1.4×
OGS ONE Gas, Inc.	1.5×
SR Spire Inc. compare	1.5×
UGI UGI Corporation compare	1.5×
BKH Bright Horizon Energy Corporation compare	1.6×
SWX Southwest Gas Corporation compare	1.6×
CPK Chesapeake Utilities Corporation compare	2.0×
NJR NewJersey Resources Corporation compare	2.1×
Utilities Regulated Gas industry median	1.6×
Utilities sector median	1.7×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

ONE Gas, Inc. (OGS) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on OGS

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on OGS

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