ONE Gas (OGS) Change in Working Capital (2020 - 2026)
ONE Gas (OGS) reported Change in Working Capital of $26.1 million for Q1 2026, up 124.08% year-over-year from $11.6 million in Q1 2025, and up 545.05% quarter-over-quarter from $4.0 million in Q4 2025.
ONE Gas (OGS) Change in Working Capital (2020 - 2026) Analysis & Trends
ONE Gas (OGS) has 7 years of Change in Working Capital data on file, last reported at $26.1 million in Q1 2026.
- Change in Working Capital for Q1 2026 came in at $26.1 million, up 124.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.2 million (up 243.44% YoY), and the FY2025 annual result was $708000.0, down 95.86% from the prior year.
- Change in Working Capital improved to $26.1 million in Q1 2026 per OGS's latest filing, from $4.0 million in the prior quarter.
- Over five years, Change in Working Capital peaked at $39.3 million in Q1 2024 and troughed at -$50.1 million in Q4 2024.
- A 5-year average of $2.2 million and a median of $621000.0 in 2025 frame the typical range for Change in Working Capital.
- The sharpest annual moves came in 2023 and 2024: Change in Working Capital sank 6959.2% in 2023, then surged 1200.25% in 2024.
- A 5-year view of Change in Working Capital shows it stood at $326000.0 in 2022, then slumped by 6959.2% to -$22.4 million in 2023, then slumped by 123.85% to -$50.1 million in 2024, then surged by 108.09% to $4.0 million in 2025, then soared by 545.05% to $26.1 million in 2026.
- Business Quant data shows OGS's Change in Working Capital at $26.1 million in Q1 2026, $4.0 million in Q4 2025, and -$15.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | - |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | - |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | - |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | - |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | - |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 26.11 Mn |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | - |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | - |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | - |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | -162.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.11 Mn |
| Mar 31, 2026 | 26.11 Mn |
| Dec 31, 2025 | 4.05 Mn |
| Dec 31, 2025 | 4.05 Mn |
| Sep 30, 2025 | -15.61 Mn |
| Sep 30, 2025 | -15.61 Mn |
| Jun 30, 2025 | 621,000.00 |
| Jun 30, 2025 | 621,000.00 |
| Mar 31, 2025 | 11.65 Mn |
| Mar 31, 2025 | 11.65 Mn |
| Dec 31, 2024 | -50.05 Mn |
| Dec 31, 2024 | -50.05 Mn |
| Sep 30, 2024 | 32.02 Mn |
| Sep 30, 2024 | 32.02 Mn |
| Jun 30, 2024 | -4.19 Mn |
| Jun 30, 2024 | -4.19 Mn |
| Mar 31, 2024 | 39.31 Mn |
| Mar 31, 2024 | 39.31 Mn |
| Dec 31, 2023 | -22.36 Mn |
| Dec 31, 2023 | -22.36 Mn |