ONE Gas (OGS) EBITDA Margin (2017 - 2026)
ONE Gas (OGS) reported EBITDA Margin of 40.12% for Q3 2026, up 2.59 percentage points from 37.54% a year earlier and up 1.52 percentage points from the prior quarter.
Powered by 
Analysis
ONE Gas (OGS) EBITDA Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, ONE Gas' EBITDA Margin came in at 34.48%, up 2.59 percentage points year-over-year; for FY2025, it came in at 31.92%, down 1.47 percentage points from FY2024.
- EBITDA Margin has a five-year change of -0.65 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 33.39% in FY2024 (+5.67 pp), 27.72% in FY2023 (+5.28 pp), 22.44% in FY2022 (-6.18 pp) and 28.61% in FY2021 (-3.96 pp).
- The Q3 2026 figure ranks as the highest quarterly EBITDA Margin in data going back to Q1 2017.
- Year over year, EBITDA Margin has now increased in each of the last four quarters, with an average year-over-year change of +0.60 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q4 2023 (a gain of 9.54 percentage points); the low point was Q1 2022 (a drop of 8.83 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 38.60% (Q2 2026), 32.03% (Q1 2026) and 31.77% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 41.54% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 20.63% |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 52.86% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 52.40% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 50.27% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 46.75% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 49.53% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 24.88% |
| 10 | ONE Gas | 5.17 Bn | 5.07 Bn | 317.49 Mn | 40.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.12% |
| Jun 30, 2026 | 38.60% |
| Mar 31, 2026 | 32.03% |
| Dec 31, 2025 | 31.77% |
| Sep 30, 2025 | 37.54% |
| Jun 30, 2025 | 35.67% |
| Mar 31, 2025 | 28.04% |
| Dec 31, 2024 | 31.67% |
| Sep 30, 2024 | 38.65% |
| Jun 30, 2024 | 40.05% |
| Mar 31, 2024 | 29.33% |
| Dec 31, 2023 | 29.66% |
| Sep 30, 2023 | 37.41% |
| Jun 30, 2023 | 33.05% |
| Mar 31, 2023 | 21.36% |
| Dec 31, 2022 | 20.12% |
| Sep 30, 2022 | 28.46% |
| Jun 30, 2022 | 26.48% |
| Mar 31, 2022 | 20.37% |
| Dec 31, 2021 | 23.57% |
API Access
ONE Gas EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=OGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "OGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=OGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();