ONE Gas (OGS) Asset Utilization Ratio (2017 - 2026)
ONE Gas (OGS) posted quarterly Asset Utilization Ratio of 0.26 for Q1 2026, down 2.57% YoY from 0.27 in Q1 2025, and down 6.0% sequentially from 0.28 in Q4 2025.
ONE Gas (OGS) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
ONE Gas has disclosed Asset Utilization Ratio across 10 years of filings, most recently posting 0.26 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 2.57% year-over-year to 0.26; the TTM figure through Mar 2026 stood at 0.26 (down 2.57% YoY), while the FY2025 annual figure was 0.28, up 9.21% from the prior year.
- Asset Utilization Ratio declined to 0.26 in Q1 2026, from 0.28 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for OGS reached as high as 0.35 in Q2 2023 and fell as low as 0.25 in Q4 2024.
- The 5-year median for Asset Utilization Ratio is 0.28 (2025), against an average of 0.29.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 56.12% — and 2024, when it dropped 25.84%.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.34 in 2022, then dropped by 8.63% to 0.31 in 2023, then decreased by 18.89% to 0.25 in 2024, then gained by 10.51% to 0.28 in 2025, then retreated by 6.0% to 0.26 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.26, 0.28, and 0.28 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | 0.16 |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 0.31 |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 0.46 |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 0.27 |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 0.21 |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 0.26 |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | 0.24 |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 0.26 |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 1.33 |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 0.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.22 |
| Sep 30, 2021 | 0.21 |
| Jun 30, 2021 | 0.20 |