Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

ONE Gas (OGS) Debt to Equity (2016 - 2026)

ONE Gas has reported Debt to Equity over the past 11 years, most recently at $0.69 for Q4 2025.

  • Quarterly Debt to Equity rose 0.87% to $0.69 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $0.69 through Dec 2025, up 0.87% year-over-year, with the annual reading at $0.69 for FY2025, 0.87% up from the prior year.
  • Debt to Equity was $0.69 for Q4 2025 at ONE Gas, down from $0.82 in the prior quarter.
  • Over five years, Debt to Equity peaked at $1.78 in Q1 2021 and troughed at $0.66 in Q1 2024.
  • The 5-year median for Debt to Equity is $1.0 (2023), against an average of $1.09.
  • Year-over-year, Debt to Equity surged 202.55% in 2021 and then plummeted 35.26% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $1.57 in 2021, then tumbled by 34.3% to $1.03 in 2022, then grew by 2.98% to $1.06 in 2023, then plummeted by 35.26% to $0.69 in 2024, then increased by 0.87% to $0.69 in 2025.
  • Per Business Quant, the three most recent readings for OGS's Debt to Equity are $0.69 (Q4 2025), $0.82 (Q3 2025), and $0.74 (Q2 2025).