ONE Gas (OGS) EBIT Margin (2017 - 2026)
ONE Gas (OGS) posted quarterly EBIT Margin of 22.8% for Q1 2026, up 349.0% year-over-year from 5.08% in Q1 2025, and up 12.46% quarter-over-quarter from 20.27% in Q4 2025.
ONE Gas (OGS) EBIT Margin (2017 - 2026) Analysis & Trends
ONE Gas (OGS) has reported EBIT Margin for 10 consecutive years, with 22.8% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBIT Margin rose 349.0% year-over-year to 22.8%; the TTM figure through Mar 2026 stood at 20.08% (up 90.0% YoY), while the FY2025 annual figure was 18.85%, down 30.0% from the prior year.
- EBIT Margin climbed to 22.8% in Q1 2026 per OGS's latest filing, from 20.27% in the prior quarter.
- Across five years, EBIT Margin topped out at 22.8% in Q1 2026 and bottomed at 12.66% in Q4 2022.
- Historically, EBIT Margin has averaged 17.16% across 5 years, with a median of 17.25% in 2025.
- Annual changes were most pronounced in 2022 — EBIT Margin plunged 636 bps — and 2023, when it soared 502 bps.
- ONE Gas' EBIT Margin stood at 12.66% in 2022, then soared by 40 bps to 17.68% in 2023, then gained by 11 bps to 19.71% in 2024, then increased by 3 bps to 20.27% in 2025, then rose by 12 bps to 22.8% in 2026.
- Business Quant data shows OGS's EBIT Margin at 22.8% in Q1 2026, 20.27% in Q4 2025, and 17.25% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.00 Bn | 28.48 Bn | - | 36.45% |
| 2 | Nisource | 20.17 Bn | 20.10 Bn | 867.50 Mn | 16.99% |
| 3 | Ugi | 8.29 Bn | 7.82 Bn | 573.00 Mn | -3.31% |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 9.13% |
| 5 | Black Hills | 5.59 Bn | 5.51 Bn | - | 21.42% |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 20.08% |
| 7 | Mdu Resources | 4.32 Bn | 4.28 Bn | - | 12.78% |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.28 Bn | 150.20 Mn | 26.20% |
| 9 | Centuri Holdings | 2.24 Bn | 2.20 Bn | 69.14 Mn | 2.51% |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 58.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.08% |
| Mar 31, 2026 | 22.80% |
| Dec 31, 2025 | 20.27% |
| Sep 30, 2025 | 17.25% |
| Jun 30, 2025 | 16.96% |
| Mar 31, 2025 | 19.30% |
| Dec 31, 2024 | 19.71% |
| Sep 30, 2024 | 17.46% |
| Jun 30, 2024 | 19.56% |
| Mar 31, 2024 | 19.23% |
| Dec 31, 2023 | 17.68% |
| Sep 30, 2023 | 17.03% |
| Jun 30, 2023 | 16.08% |
| Mar 31, 2023 | 14.46% |
| Dec 31, 2022 | 12.66% |
| Sep 30, 2022 | 13.09% |
| Jun 30, 2022 | 13.65% |
| Mar 31, 2022 | 14.49% |
| Dec 31, 2021 | 14.65% |
| Sep 30, 2021 | 15.26% |