ONE Gas EV/EBIT OGS

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2015.

Today, Oct 23, 2026: 17.3×
10-year median: 19.1×
Against its 10-year history: 12th; percentile: 0 is its lowest day, 100 its highest
10-year range: 15.2× to 29.3×
Peer median: 21.1×

ONE Gas' EV/EBIT is 17.3× as of Oct 23, 2026.

That is below its ten-year median of 19.1×, lower than on 88% of days in the last ten years.

Over that time it ranged from 15.2× in Mar 2018 to 29.3× in Apr 2022.

The median for 7 gas utilities of a similar size is 21.1×.

EV/EBIT over time

median 19.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	17.3×	16.5×	19.6×
2025	18.1×	17.2×	19.8×
2024	19.0×	16.7×	20.3×
2023	17.3×	16.6×	22.7×
2022	21.6×	21.1×	29.3×
2021	26.5×	18.3×	26.6×
2020	19.8×	18.0×	22.9×
2019	22.3×	18.3×	22.7×
2018	18.5×	15.2×	20.0×
2017	17.8×	17.1×	18.8×
2016	17.4×	15.6×	18.6×
2015	16.0×	14.1×	16.0×

Against its peers

Companies in Regulated Gas nearest ONE Gas' size, closest first, today.

Company	EV/EBIT
OGSONE Gas	17.3×
SRSpire	23.4×
NJRNew Jersey Resources	16.4×
MDUMDU Resources	21.1×
NFGNational Fuel Gas	n/m
NWNNorthwest Natural	15.9×
NINiSource	21.7×
ATOAtmos Energy	n/m
Peer median	21.1×

Where ONE Gas ranks

#10of 63Utility stocks with the lowest EV/EBIT

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on ONE Gas

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.