Superworth

ONE Gas OGS

Regulated Gas, Utilities
$77.93
−0.41%
Market cap
$4.9B
PE
16.8×
10y median 20.4×
Forward PE
n/m
not a meaningful number
Price to sales
2.1×
EV/EBIT
17.3×
Revenue, 12 months
$2.3B
−1% on a year ago
Net margin
12.5%
Free cash flow yield
−3.5%

ONE Gas trades at 16.8× trailing earnings, cheaper than 91% of the last ten years. Revenue was $2.3B over the last twelve months, down 1% on a year earlier with a 12% net margin.

Charts

Financials

Income statement for OGS, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$335.8M−7%$605.9M−26%$758.3M−27%$354.1M−11%$340.4M+1%$630.7M+4%$935.2M+23%$423.7M+20%$379.1M+11%$689.4M+9%$831.7M−11%$411.6M−3%
Cost of revenue$70.9M−44%$267.6M−47%$383M−43%$72M−45%$59.6M−16%$263.7M−1%$512.5M+34%$117.9M+64%$76.6M+29%$291.9M+11%$393.6M−23%$90.3M−23%
Gross profit$264.9M+14%$338.4M+8%$375.3M+2%$282.2M+5%$280.8M+6%$367M+9%$422.7M+13%$305.8M+8%$302.5M+8%$397.5M+8%$438.1M+4%$321.4M+5%
$57.2M+22%$107.1M+3%$145.9M−2%$69.3M+8%$59.4M+4%$124.3M+16%$180.5M+24%$71.9M+4%$65.4M+10%$139.7M+12%$189.6M+5%$82.7M+15%
Interest expense$28M+43%$29.8M+14%$31.4M+4%$37M+35%$39.1M+40%$39.8M+34%$35.7M+14%$35.3M−5%$35.4M−10%$36.5M−8%$32.4M−9%$31.1M−12%
Pre-tax income$29.3M+4%$82M+2%$118M−3%$33.3M−14%$23.3M−21%$84.7M+3%$145.3M+23%$39.1M+18%$32.4M+39%$104.6M+24%$155.1M+7%$56.8M+45%
$4.1M−11%$11.3M−17%$18.7M−2%$6M+0%$4M−2%$7.6M−32%$25.9M+39%$7.1M+18%$5.9M+47%$18.3M+140%$26.5M+2%$10M+40%
Net income$25.2M+6%$70.7M+6%$99.3M−3%$27.2M−17%$19.3M−24%$77M+9%$119.4M+20%$32M+18%$26.5M+37%$86.3M+12%$128.7M+8%$46.8M+46%
$0.45+2%$1.27+3%$1.75−5%$0.48−17%$0.34−24%$1.34+6%$1.98+13%$0.53+10%$0.44+29%$1.42+6%$2.04+3%$0.74+40%
56M+3%55.8M+2%56.8M+2%56.8M+2%57.1M+2%57.4M+3%60.3M+6%60.5M+6%60.6M+6%60.8M+6%63.2M+5%63.2M+5%

Gross profit: 29 periods, Q1 FY19 to Q2 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: 7 periods, Q4 FY13 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 13 periods, Q4 FY13 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

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

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
OGSONE Gas$4.9B16.8×20.4×n/m2.1×−1%12.5%
SRSpire$5B9.5×18.1×n/m2.0×+11%21.6%
NJRNew Jersey Resources$5.4B14.7×17.8×n/m2.4×+6%16.4%
MDUMDU Resources$4B20.2×6.8×n/m2.2×−1%10.7%
NFGNational Fuel Gas$7.7B11.2×13.4×n/mn/mn/mn/m
NWNNorthwest Natural$2.1B16.6×18.7×n/m1.6×+4%9.7%
NINiSource$20.8B22.9×23.1×n/m3.0×+12%13.2%
ATOAtmos Energy$29.1B20.5×20.7×19.2×n/mn/mn/m
Peer median$5.4B16.6×18.1×19.2×2.2×+6%13.2%

More on ONE Gas

Each number over time

Where it ranks

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Regulated Gas
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Utilities

Valuation data, not investment advice. Prices as of .