ONE Gas (OGS) Change in Working Capital (2020 - 2026)
ONE Gas (OGS) posted quarterly 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 reported Change in Working Capital for 7 consecutive years, with $26.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Working Capital rose 124.08% year-over-year to $26.1 million; the TTM figure through Mar 2026 stood at $15.2 million (up 243.44% YoY), while the FY2025 annual figure was $708000.0, down 95.86% from the prior year.
- Change in Working Capital advanced to $26.1 million in Q1 2026 per OGS's latest filing, from $4.0 million in the prior quarter.
- Across five years, Change in Working Capital topped out at $39.3 million in Q1 2024 and bottomed at -$50.1 million in Q4 2024.
- Historically, Change in Working Capital has averaged $2.2 million across 5 years, with a median of $621000.0 in 2025.
- Annual changes were most pronounced in 2023 — Change in Working Capital sank 6959.2% — and 2024, when it surged 1200.25%.
- ONE Gas' Change in Working Capital stood at $326000.0 in 2022, then tumbled by 6959.2% to -$22.4 million in 2023, then tumbled by 123.85% to -$50.1 million in 2024, then soared by 108.09% to $4.0 million in 2025, then jumped 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.00 Bn | 28.47 Bn | - | - |
| 2 | Nisource | 20.18 Bn | 20.11 Bn | 867.50 Mn | - |
| 3 | Ugi | 8.27 Bn | 7.79 Bn | 573.00 Mn | - |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | - |
| 5 | Black Hills | 5.59 Bn | 5.51 Bn | - | - |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 2.33 Mn |
| 7 | Mdu Resources | 4.33 Bn | 4.28 Bn | - | - |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.28 Bn | 150.20 Mn | - |
| 9 | Centuri Holdings | 2.24 Bn | 2.20 Bn | 69.14 Mn | - |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 157.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.33 Mn |
| Jun 30, 2026 | 2.33 Mn |
| 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 |