ONE Gas (OGS) Debt Ratio (2012 - 2026)
ONE Gas (OGS) posted quarterly Debt Ratio of 0.29 for Q1 2026, up 1.82% year-over-year from 0.29 in Q1 2025, and down 9.97% quarter-over-quarter from 0.33 in Q4 2025.
ONE Gas (OGS) Debt Ratio (2012 - 2026) Analysis & Trends
ONE Gas (OGS) has reported Debt Ratio for 15 consecutive years, with 0.29 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio rose 1.82% year-over-year to 0.29; the TTM figure through Mar 2026 stood at 0.29 (up 1.82% YoY), while the FY2025 annual figure was 0.33, up 15.15% from the prior year.
- Debt Ratio declined to 0.29 in Q1 2026 per OGS's latest filing, from 0.33 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.6 in Q1 2022 and bottomed at 0.24 in Q2 2024.
- Historically, Debt Ratio has averaged 0.33 across 5 years, with a median of 0.3 in 2022.
- Annual changes were most pronounced in 2022 — Debt Ratio advanced 27.51% — and 2023, when it tumbled 40.74%.
- ONE Gas' Debt Ratio stood at 0.3 in 2022, then increased by 12.77% to 0.34 in 2023, then retreated by 17.01% to 0.28 in 2024, then increased by 15.15% to 0.33 in 2025, then decreased by 9.97% to 0.29 in 2026.
- Business Quant data shows OGS's Debt Ratio at 0.29 in Q1 2026, 0.33 in Q4 2025, and 0.28 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.00 Bn | 28.48 Bn | - | 0.32 |
| 2 | Nisource | 20.17 Bn | 20.10 Bn | 867.50 Mn | 0.45 |
| 3 | Ugi | 8.29 Bn | 7.82 Bn | 573.00 Mn | 0.43 |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 0.43 |
| 5 | Black Hills | 5.59 Bn | 5.51 Bn | - | 0.40 |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 0.33 |
| 7 | Mdu Resources | 4.32 Bn | 4.28 Bn | - | 0.33 |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.28 Bn | 150.20 Mn | 0.42 |
| 9 | Centuri Holdings | 2.24 Bn | 2.20 Bn | 69.14 Mn | 0.30 |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 0.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.33 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.34 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.40 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.60 |
| Dec 31, 2021 | 0.44 |
| Sep 30, 2021 | 0.45 |