ONE Gas (OGS) Debt Ratio (2012 - 2026)
ONE Gas (OGS) reported Debt Ratio of 0.27 for Q1 2026, up 5.47% year-over-year from 0.26 in Q1 2025, and down 8.26% quarter-over-quarter from 0.29 in Q4 2025.
ONE Gas (OGS) Debt Ratio (2012 - 2026) Analysis & Trends
ONE Gas (OGS) has 15 years of Debt Ratio data on file, last reported at 0.27 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.27, up 5.47% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.27 (up 5.47% YoY), and the FY2025 annual result was 0.29, up 16.33% from the prior year.
- Debt Ratio declined to 0.27 in Q1 2026 per OGS's latest filing, from 0.29 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.44 in Q2 2022 and troughed at 0.24 in Q2 2024.
- A 5-year average of 0.32 and a median of 0.3 in 2024 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio increased 24.78% in 2023, then slumped 33.52% in 2024.
- A 5-year view of Debt Ratio shows it stood at 0.3 in 2022, then increased by 24.78% to 0.38 in 2023, then sank by 32.97% to 0.25 in 2024, then advanced by 16.33% to 0.29 in 2025, then fell by 8.26% to 0.27 in 2026.
- Business Quant data shows OGS's Debt Ratio at 0.27 in Q1 2026, 0.29 in Q4 2025, and 0.28 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 0.31 |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 0.46 |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 0.42 |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 0.43 |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 0.39 |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 0.27 |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 0.34 |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 0.28 |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 0.05 |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 0.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.36 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.44 |
| Sep 30, 2021 | 0.45 |
| Jun 30, 2021 | 0.50 |