ONE Gas (OGS) Debt Ratio (2012 - 2026)

ONE Gas has disclosed Debt Ratio across 15 years of filings, most recently posting 0.27 for Q1 2026.

• In Q1 2026, Debt Ratio rose 5.47% year-over-year to 0.27; the TTM figure through Mar 2026 stood at 0.27 (up 5.47% YoY), while the FY2025 annual figure was 0.29, up 16.33% from the prior year.
• Debt Ratio retreated to 0.27 in Q1 2026, from 0.29 in the prior quarter.
• Over the last five years, Debt Ratio for OGS reached as high as 0.44 in Q2 2022 and fell as low as 0.24 in Q2 2024.
• The 5-year median for Debt Ratio is 0.3 (2024), against an average of 0.32.
• Annual changes were most pronounced in 2023 — Debt Ratio increased 24.78% — and 2024, when it plunged 33.52%.
• 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 tumbled 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.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.27, 0.29, and 0.28 for Q1 2026, Q4 2025, and Q3 2025 respectively.